Fair Isaac Co. (NYSE:FICO) CEO William J. Lansing Sells 8,000 Shares

Fair Isaac Co. (NYSE:FICO) CEO William J. Lansing sold 8,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 16th. The shares were sold at an average price of $1,140.55, for a total value of $9,124,400.00. Following the transaction, the chief executive officer now owns 12,638 shares of the company’s stock, valued at approximately $14,414,270.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Fair Isaac Price Performance

Shares of NYSE:FICO opened at $1,162.25 on Friday. Fair Isaac Co. has a 1-year low of $686.08 and a 1-year high of $1,349.75. The business has a fifty day moving average price of $1,253.88 and a 200-day moving average price of $1,136.83. The company has a market capitalization of $28.88 billion, a PE ratio of 64.97, a PEG ratio of 2.55 and a beta of 1.21.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings results on Thursday, January 25th. The technology company reported $3.87 earnings per share for the quarter, beating the consensus estimate of $3.76 by $0.11. Fair Isaac had a negative return on equity of 57.80% and a net margin of 29.20%. The firm had revenue of $382.06 million during the quarter, compared to the consensus estimate of $386.55 million. On average, sell-side analysts anticipate that Fair Isaac Co. will post 19.95 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Fair Isaac

Several institutional investors have recently modified their holdings of the business. First Horizon Advisors Inc. boosted its position in shares of Fair Isaac by 28.1% during the fourth quarter. First Horizon Advisors Inc. now owns 41 shares of the technology company’s stock valued at $48,000 after buying an additional 9 shares during the last quarter. Panagora Asset Management Inc. boosted its position in shares of Fair Isaac by 0.8% during the fourth quarter. Panagora Asset Management Inc. now owns 1,219 shares of the technology company’s stock valued at $1,419,000 after buying an additional 10 shares during the last quarter. Wealthcare Advisory Partners LLC boosted its position in shares of Fair Isaac by 3.2% during the first quarter. Wealthcare Advisory Partners LLC now owns 326 shares of the technology company’s stock valued at $407,000 after buying an additional 10 shares during the last quarter. Johnson Investment Counsel Inc. boosted its position in shares of Fair Isaac by 0.3% during the third quarter. Johnson Investment Counsel Inc. now owns 3,412 shares of the technology company’s stock valued at $2,963,000 after buying an additional 11 shares during the last quarter. Finally, KB Financial Partners LLC boosted its position in shares of Fair Isaac by 26.2% during the third quarter. KB Financial Partners LLC now owns 53 shares of the technology company’s stock valued at $46,000 after buying an additional 11 shares during the last quarter. 85.75% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on FICO. Raymond James increased their price objective on Fair Isaac from $1,214.00 to $1,400.00 and gave the stock an “outperform” rating in a report on Friday, January 26th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $1,350.00 price objective on shares of Fair Isaac in a report on Friday, January 26th. Redburn Atlantic began coverage on Fair Isaac in a report on Tuesday. They issued a “neutral” rating and a $1,113.00 price objective for the company. Jefferies Financial Group increased their price objective on Fair Isaac from $1,210.00 to $1,450.00 and gave the stock a “buy” rating in a report on Wednesday, January 17th. Finally, Barclays increased their price objective on Fair Isaac from $1,234.00 to $1,500.00 and gave the stock an “overweight” rating in a report on Friday, January 26th. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $1,180.45.

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.