Marc F. Mcmorris Sells 1,324 Shares of Fair Isaac Co. (NYSE:FICO) Stock

Fair Isaac Co. (NYSE:FICOGet Rating) Director Marc F. Mcmorris sold 1,324 shares of the stock in a transaction dated Wednesday, May 24th. The stock was sold at an average price of $758.58, for a total transaction of $1,004,359.92. Following the transaction, the director now owns 242 shares in the company, valued at $183,576.36. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Fair Isaac Trading Up 2.5 %

FICO traded up $19.49 during trading on Friday, reaching $791.62. 211,157 shares of the company were exchanged, compared to its average volume of 253,993. The stock has a market cap of $19.78 billion, a P/E ratio of 51.48 and a beta of 1.27. The firm has a 50 day moving average of $715.79 and a 200 day moving average of $659.76. Fair Isaac Co. has a 52 week low of $371.52 and a 52 week high of $794.02.

Institutional Trading of Fair Isaac

Several hedge funds have recently bought and sold shares of FICO. Envestnet Asset Management Inc. raised its position in shares of Fair Isaac by 1,713.6% during the first quarter. Envestnet Asset Management Inc. now owns 625,188 shares of the technology company’s stock worth $27,508,000 after purchasing an additional 590,716 shares during the period. Boston Partners acquired a new position in shares of Fair Isaac in the third quarter worth about $145,023,000. Geode Capital Management LLC boosted its holdings in shares of Fair Isaac by 48.9% in the first quarter. Geode Capital Management LLC now owns 577,240 shares of the technology company’s stock worth $405,140,000 after buying an additional 189,562 shares during the period. American Century Companies Inc. boosted its holdings in shares of Fair Isaac by 1,636.3% in the first quarter. American Century Companies Inc. now owns 198,198 shares of the technology company’s stock worth $139,272,000 after buying an additional 186,783 shares during the period. Finally, State Street Corp raised its stake in Fair Isaac by 20.3% during the 1st quarter. State Street Corp now owns 996,863 shares of the technology company’s stock valued at $700,484,000 after purchasing an additional 168,468 shares during the period. 87.75% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. Royal Bank of Canada boosted their price objective on shares of Fair Isaac from $463.00 to $685.00 and gave the company a “sector perform” rating in a research note on Friday, January 27th. Needham & Company LLC upped their price target on Fair Isaac from $825.00 to $855.00 in a research note on Monday. Barclays raised their price objective on Fair Isaac from $820.00 to $920.00 in a report on Monday. Robert W. Baird boosted their target price on Fair Isaac from $725.00 to $775.00 in a report on Monday. Finally, The Goldman Sachs Group raised their price target on shares of Fair Isaac from $709.00 to $807.00 and gave the company a “buy” rating in a report on Friday, January 27th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, Fair Isaac currently has an average rating of “Moderate Buy” and a consensus target price of $810.86.

Fair Isaac Company Profile

(Get Rating)

Fair Isaac Corp. engages in the provision of decision management solutions. It operates through the following segments: Applications, Scores, and Decision Management Software. The Applications segment includes decision management applications designed for a type of business problem or process such as marketing, account origination, customer management, fraud, collections, and insurance claims management.

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Insider Buying and Selling by Quarter for Fair Isaac (NYSE:FICO)

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