Fair Isaac Co. (NYSE:FICO) CEO Sells $7,069,707.48 in Stock

Fair Isaac Co. (NYSE:FICO) CEO William J. Lansing sold 4,092 shares of the company’s stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $1,727.69, for a total transaction of $7,069,707.48. Following the completion of the transaction, the chief executive officer now directly owns 42,138 shares of the company’s stock, valued at approximately $72,801,401.22. The trade was a 8.85 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Fair Isaac Stock Up 3.4 %

Shares of NYSE FICO opened at $1,802.42 on Friday. The firm’s 50-day moving average price is $1,845.26 and its two-hundred day moving average price is $1,980.10. Fair Isaac Co. has a 52-week low of $1,105.65 and a 52-week high of $2,402.52. The stock has a market capitalization of $44.01 billion, a P/E ratio of 82.72, a P/E/G ratio of 3.27 and a beta of 1.41.

Fair Isaac (NYSE:FICO) last issued its earnings results on Tuesday, February 4th. The technology company reported $4.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $6.21 by ($2.06). Fair Isaac had a negative return on equity of 53.40% and a net margin of 30.66%. As a group, equities research analysts expect that Fair Isaac Co. will post 24.15 earnings per share for the current year.

Institutional Investors Weigh In On Fair Isaac

Large investors have recently made changes to their positions in the company. First National Bank of Omaha acquired a new stake in shares of Fair Isaac in the third quarter valued at approximately $1,576,000. National Bank of Canada FI increased its stake in shares of Fair Isaac by 51.9% in the third quarter. National Bank of Canada FI now owns 19,817 shares of the technology company’s stock valued at $38,514,000 after purchasing an additional 6,768 shares during the period. Donoghue Forlines LLC acquired a new position in shares of Fair Isaac during the fourth quarter valued at approximately $1,935,000. BNP Paribas acquired a new position in shares of Fair Isaac during the third quarter valued at approximately $445,000. Finally, Czech National Bank increased its stake in shares of Fair Isaac by 5.7% during the fourth quarter. Czech National Bank now owns 5,280 shares of the technology company’s stock valued at $10,512,000 after acquiring an additional 286 shares during the period. Institutional investors and hedge funds own 85.75% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on FICO. Wells Fargo & Company decreased their price objective on shares of Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating for the company in a research report on Wednesday, February 5th. Jefferies Financial Group decreased their price objective on shares of Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating for the company in a research report on Wednesday, February 5th. JPMorgan Chase & Co. began coverage on shares of Fair Isaac in a research report on Friday, December 20th. They set a “neutral” rating and a $2,150.00 price target on the stock. The Goldman Sachs Group increased their price target on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Finally, Oppenheimer reduced their price target on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 7th. Four equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $2,088.15.

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.