UBS Group Cuts Fair Isaac (NYSE:FICO) Price Target to $2,100.00

Fair Isaac (NYSE:FICO) had its target price decreased by UBS Group from $2,250.00 to $2,100.00 in a research report report published on Monday morning,Benzinga reports. UBS Group currently has a neutral rating on the technology company’s stock.

Other research analysts also recently issued research reports about the company. Barclays boosted their price target on Fair Isaac from $2,150.00 to $2,350.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. Robert W. Baird boosted their target price on 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. Jefferies Financial Group raised their price target on Fair Isaac from $2,250.00 to $2,275.00 and gave the stock a “buy” rating in a research note on Wednesday, January 15th. Oppenheimer reduced their price objective 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. Finally, Needham & Company LLC raised their target price on shares of Fair Isaac from $1,850.00 to $2,500.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Five analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, Fair Isaac has a consensus rating of “Moderate Buy” and a consensus target price of $2,087.77.

Fair Isaac Stock Up 0.6 %

Shares of FICO opened at $1,862.49 on Monday. The firm has a fifty day simple moving average of $2,089.74 and a two-hundred day simple moving average of $1,949.60. Fair Isaac has a twelve month low of $1,105.65 and a twelve month high of $2,402.51. The stock has a market capitalization of $45.35 billion, a P/E ratio of 91.08, a PEG ratio of 3.46 and a beta of 1.40.

Insider Transactions at Fair Isaac

In other news, CFO Steven P. Weber sold 139 shares of the company’s stock in a transaction that occurred on Thursday, January 9th. The shares were sold at an average price of $1,964.42, for a total value of $273,054.38. Following the transaction, the chief financial officer now owns 2,478 shares in the company, valued at approximately $4,867,832.76. This represents a 5.31 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Henry Tayloe Stansbury sold 249 shares of the firm’s stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $2,338.55, for a total transaction of $582,298.95. Following the sale, the director now directly owns 92 shares of the company’s stock, valued at $215,146.60. This trade represents a 73.02 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 13,589 shares of company stock valued at $31,258,963 in the last ninety days. 3.54% of the stock is currently owned by corporate insiders.

Institutional Trading of Fair Isaac

Institutional investors have recently added to or reduced their stakes in the business. State Street Corp boosted its position in shares of Fair Isaac by 0.5% during the third quarter. State Street Corp now owns 1,045,165 shares of the technology company’s stock valued at $2,031,299,000 after buying an additional 5,472 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Fair Isaac by 1.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 673,242 shares of the technology company’s stock valued at $1,308,460,000 after acquiring an additional 7,466 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Fair Isaac by 1.0% in the third quarter. Geode Capital Management LLC now owns 645,379 shares of the technology company’s stock worth $1,251,537,000 after acquiring an additional 6,510 shares during the period. International Assets Investment Management LLC raised its holdings in shares of Fair Isaac by 189,461.6% during 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 purchasing an additional 538,071 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its position in Fair Isaac by 0.5% during the third quarter. Principal Financial Group Inc. now owns 372,582 shares of the technology company’s stock valued at $724,122,000 after purchasing an additional 1,977 shares during the period. 85.75% of the stock is currently owned by hedge funds and other institutional investors.

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.