Research Analysts’ Weekly Ratings Changes for Fair Isaac (FICO)

A number of firms have modified their ratings and price targets on shares of Fair Isaac (NYSE: FICO) recently:

• 11/7/2024 – Fair Isaac had its “sector perform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $2,040.00 price target on the stock.
• 11/7/2024 – Fair Isaac had its price target raised by analysts at Barclays PLC from $2,150.00 to $2,350.00. They now have an “overweight” rating on the stock.
• 11/7/2024 – Fair Isaac had its price target raised by analysts at Wells Fargo & Company from $2,200.00 to $2,400.00. They now have an “overweight” rating on the stock.
• 11/7/2024 – Fair Isaac had its price target raised by analysts at Robert W. Baird from $1,700.00 to $2,000.00. They now have a “neutral” rating on the stock.
• 11/7/2024 – Fair Isaac had its price target raised by analysts at Needham & Company LLC from $1,850.00 to $2,500.00. They now have a “buy” rating on the stock.
• 11/7/2024 – Fair Isaac had its price target raised by analysts at The Goldman Sachs Group, Inc. from $2,130.00 to $2,374.00. They now have a “buy” rating on the stock.
• 10/8/2024 – Fair Isaac had its price target raised by analysts at Oppenheimer Holdings Inc. from $1,967.00 to $2,109.00. They now have an “outperform” rating on the stock.
• 10/2/2024 – Fair Isaac had its price target raised by analysts at The Goldman Sachs Group, Inc. from $1,879.00 to $2,130.00. They now have a “buy” rating on the stock.
• 10/1/2024 – Fair Isaac had its price target raised by analysts at Wells Fargo & Company from $2,100.00 to $2,200.00. They now have an “overweight” rating on the stock.
• 10/1/2024 – Fair Isaac is now covered by analysts at UBS Group AG. They set a “neutral” rating and a $2,100.00 price target on the stock.

Fair Isaac Price Performance

Shares of NYSE FICO traded down $6.60 during trading hours on Monday, hitting $2,348.75. 50,114 shares of the company’s stock were exchanged, compared to its average volume of 168,561. The company’s 50-day moving average price is $2,055.62 and its 200-day moving average price is $1,727.82. Fair Isaac Co. has a 1-year low of $1,067.36 and a 1-year high of $2,402.51. The stock has a market capitalization of $57.19 billion, a price-to-earnings ratio of 114.85, a PEG ratio of 4.33 and a beta of 1.35.

Insider Transactions at Fair Isaac

In other news, Director Henry Tayloe Stansbury sold 249 shares of Fair Isaac stock in a transaction dated 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 in the company, valued at approximately $215,146.60. The trade was a 73.02 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Thomas A. Bowers sold 2,680 shares of the stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $2,338.21, for a total transaction of $6,266,402.80. Following the completion of the transaction, the executive vice president now directly owns 5,769 shares of the company’s stock, valued at $13,489,133.49. This trade represents a 31.72 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 6,890 shares of company stock worth $13,780,452. 3.54% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in FICO. EntryPoint Capital LLC acquired a new position in shares of Fair Isaac in the 1st quarter worth approximately $25,000. Capital Performance Advisors LLP acquired a new position in Fair Isaac in the third quarter worth $25,000. Advisors Asset Management Inc. bought a new stake in shares of Fair Isaac during the first quarter worth $26,000. Tortoise Investment Management LLC increased its stake in shares of Fair Isaac by 81.8% in the second quarter. Tortoise Investment Management LLC now owns 20 shares of the technology company’s stock valued at $30,000 after buying an additional 9 shares in the last quarter. Finally, Family Firm Inc. bought a new position in shares of Fair Isaac in the second quarter valued at about $34,000. 85.75% of the stock is owned by institutional investors.

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.