Insider Selling: Fair Isaac Co. (NYSE:FICO) CEO Sells 8,000 Shares of Stock

Fair Isaac Co. (NYSE:FICO) CEO William J. Lansing sold 8,000 shares of the company’s stock in a transaction on Tuesday, April 16th. The stock was 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 directly owns 12,638 shares in the company, valued at $14,414,270.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Fair Isaac Price Performance

NYSE:FICO traded up $8.97 during mid-day trading on Thursday, hitting $1,162.25. The company’s stock had a trading volume of 211,428 shares, compared to its average volume of 165,813. Fair Isaac Co. has a 1 year low of $686.08 and a 1 year high of $1,349.75. The stock has a market cap of $28.88 billion, a price-to-earnings ratio of 64.97, a PEG ratio of 2.55 and a beta of 1.21. The business’s fifty day moving average is $1,253.88 and its two-hundred day moving average is $1,136.83.

Fair Isaac (NYSE:FICO) last posted its quarterly earnings results on Thursday, January 25th. The technology company reported $3.87 EPS for the quarter, beating the consensus estimate of $3.76 by $0.11. Fair Isaac had a net margin of 29.20% and a negative return on equity of 57.80%. The company had revenue of $382.06 million for the quarter, compared to analyst estimates of $386.55 million. Analysts anticipate that Fair Isaac Co. will post 19.95 EPS for the current fiscal year.

Institutional Investors Weigh In On Fair Isaac

Hedge funds have recently added to or reduced their stakes in the business. SkyView Investment Advisors LLC purchased a new stake in shares of Fair Isaac during the 2nd quarter worth about $66,000. Atlas Capital Advisors LLC purchased a new stake in shares of Fair Isaac during the 4th quarter worth about $29,000. McGlone Suttner Wealth Management Inc. purchased a new stake in shares of Fair Isaac during the 4th quarter worth about $35,000. O Dell Group LLC purchased a new stake in shares of Fair Isaac during the 4th quarter worth about $36,000. Finally, DSM Capital Partners LLC purchased a new stake in shares of Fair Isaac during the 4th quarter worth about $37,000. 85.75% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

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.