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 on 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 completion of the transaction, the executive vice president now directly owns 51,911 shares in the company, valued at $113,954,508.09. This represents a 5.46 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Fair Isaac Price Performance

NYSE FICO opened at $2,138.60 on Wednesday. Fair Isaac Co. has a 1 year low of $1,105.65 and a 1 year high of $2,402.51. The company has a market capitalization of $52.07 billion, a PE ratio of 104.58, a P/E/G ratio of 4.05 and a beta of 1.36. The company has a fifty day moving average of $2,178.18 and a 200 day moving average of $1,838.72.

Institutional Trading of Fair Isaac

Hedge funds have recently modified their holdings of the stock. International Assets Investment Management LLC lifted its holdings in Fair Isaac by 189,461.6% in the third quarter. International Assets Investment Management LLC now owns 538,355 shares of the technology company’s stock valued at $1,046,304,000 after acquiring an additional 538,071 shares during the period. AustralianSuper Pty Ltd increased its holdings in shares of Fair Isaac by 1,270.9% during the 3rd quarter. AustralianSuper Pty Ltd now owns 73,276 shares of the technology company’s stock valued at $142,413,000 after purchasing an additional 67,931 shares in the last quarter. FMR LLC lifted its stake in shares of Fair Isaac by 46.1% in the 3rd quarter. FMR LLC now owns 207,026 shares of the technology company’s stock valued at $402,358,000 after purchasing an additional 65,297 shares during the period. Jennison Associates LLC boosted its holdings in Fair Isaac by 35.1% during the third quarter. Jennison Associates LLC now owns 241,149 shares of the technology company’s stock worth $468,677,000 after buying an additional 62,653 shares in the last quarter. Finally, Sei Investments Co. grew its position in Fair Isaac by 231.8% during the second quarter. Sei Investments Co. now owns 69,127 shares of the technology company’s stock valued at $102,908,000 after buying an additional 48,294 shares during the period. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Wells Fargo & Company boosted their target price on Fair Isaac from $2,200.00 to $2,400.00 and gave the stock an “overweight” rating in a research note on Thursday, November 7th. The Goldman Sachs Group boosted their price target on Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $2,040.00 target price on shares of Fair Isaac in a research note on Thursday, November 7th. Robert W. Baird upped their price target on shares of Fair Isaac from $1,700.00 to $2,000.00 and gave the company a “neutral” rating in a research note on Thursday, November 7th. Finally, Oppenheimer raised their price target on shares of Fair Isaac from $2,324.00 to $2,515.00 and gave the stock an “outperform” rating in a report on Monday, December 2nd. Four investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $2,022.67.

About Fair Isaac

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.