Fair Isaac Co. (NYSE:FICO) EVP James M. Wehmann Sells 3,000 Shares

Fair Isaac Co. (NYSE:FICO) EVP James M. Wehmann sold 3,000 shares of Fair Isaac stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $2,195.19, for a total transaction of $6,585,570.00. Following the transaction, the executive vice president now owns 51,911 shares of the company’s stock, valued at approximately $113,954,508.09. The trade was a 5.46 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Fair Isaac Stock Performance

NYSE:FICO traded up $1.35 on Monday, hitting $2,170.24. The stock had a trading volume of 147,845 shares, compared to its average volume of 168,882. The stock has a market cap of $52.84 billion, a P/E ratio of 106.14, a price-to-earnings-growth ratio of 4.05 and a beta of 1.36. The firm’s fifty day simple moving average is $2,170.83 and its two-hundred day simple moving average is $1,826.63. Fair Isaac Co. has a 1 year low of $1,105.65 and a 1 year high of $2,402.51.

Analyst Ratings Changes

FICO has been the subject of a number of research analyst reports. Wells Fargo & Company increased their target price on shares of Fair Isaac from $2,200.00 to $2,400.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. Royal Bank of Canada restated a “sector perform” rating and issued a $2,040.00 price target on shares of Fair Isaac in a research note on Thursday, November 7th. Needham & Company LLC lifted their price target on shares of Fair Isaac from $1,850.00 to $2,500.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. UBS Group assumed coverage on Fair Isaac in a research report on Tuesday, October 1st. They issued a “neutral” rating and a $2,100.00 target price on the stock. Finally, Barclays increased their price objective on Fair Isaac from $2,150.00 to $2,350.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. Four research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $2,022.67.

Hedge Funds Weigh In On Fair Isaac

Several institutional investors and hedge funds have recently made changes to their positions in FICO. Wealth Enhancement Advisory Services LLC raised its holdings in Fair Isaac by 24.6% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 1,419 shares of the technology company’s stock worth $2,112,000 after buying an additional 280 shares during the last quarter. Assenagon Asset Management S.A. boosted its position in shares of Fair Isaac by 33.2% during the second quarter. Assenagon Asset Management S.A. now owns 1,559 shares of the technology company’s stock valued at $2,321,000 after buying an additional 389 shares during the period. Blue Trust Inc. increased its holdings in Fair Isaac by 135.9% during the 2nd quarter. Blue Trust Inc. now owns 217 shares of the technology company’s stock worth $323,000 after purchasing an additional 125 shares during the period. Raymond James & Associates boosted its position in Fair Isaac by 5.7% during the 2nd quarter. Raymond James & Associates now owns 42,116 shares of the technology company’s stock valued at $62,696,000 after acquiring an additional 2,278 shares in the last quarter. Finally, Nisa Investment Advisors LLC grew its stake in Fair Isaac by 143.2% during the 2nd quarter. Nisa Investment Advisors LLC now owns 6,200 shares of the technology company’s stock worth $9,230,000 after buying an additional 3,651 shares during the last quarter. Institutional investors own 85.75% of the company’s stock.

Fair Isaac Company Profile

Fair Isaac Corporation develops analytic, software, and digital decisioning technologies and services that enable businesses to automate, enhance, and connect decisions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Scores and Software. The Software segment provides pre-configured analytic and decision management solution designed for various business needs or processes, such as account origination, customer management, customer engagement, fraud detection, financial crimes compliance, and marketing, as well as associated professional services.