William J. Lansing Sells 6,010 Shares of Fair Isaac Co. (NYSE:FICO) Stock

Fair Isaac Co. (NYSE:FICO - Get Free Report) CEO William J. Lansing sold 6,010 shares of Fair Isaac stock in a transaction on Tuesday, June 10th. The stock was sold at an average price of $1,767.82, for a total transaction of $10,624,598.20. Following the sale, the chief executive officer now directly owns 42,138 shares of the company's stock, valued at $74,492,399.16. This represents a 12.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Fair Isaac Trading Down 0.0%

Shares of FICO stock traded down $0.80 during trading on Friday, reaching $1,783.57. 139,657 shares of the company's stock traded hands, compared to its average volume of 191,403. Fair Isaac Co. has a 1 year low of $1,358.24 and a 1 year high of $2,402.52. The firm's 50-day moving average is $1,889.97 and its 200 day moving average is $1,925.94. The company has a market capitalization of $43.42 billion, a P/E ratio of 81.84, a PEG ratio of 3.27 and a beta of 1.29.

Fair Isaac (NYSE:FICO - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The technology company reported $7.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.33 by $0.48. The company had revenue of $498.74 million during the quarter, compared to analyst estimates of $500.45 million. Fair Isaac had a negative return on equity of 53.40% and a net margin of 30.66%. The firm's quarterly revenue was up 15.0% on a year-over-year basis. During the same quarter last year, the company earned $6.14 earnings per share. As a group, sell-side analysts predict that Fair Isaac Co. will post 24.15 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Fair Isaac

Several hedge funds have recently bought and sold shares of the stock. Rakuten Securities Inc. grew its position in Fair Isaac by 160.0% during the fourth quarter. Rakuten Securities Inc. now owns 13 shares of the technology company's stock valued at $26,000 after acquiring an additional 8 shares during the last quarter. Pinnacle Holdings LLC purchased a new stake in Fair Isaac in the 4th quarter worth approximately $26,000. Geo Capital Gestora de Recursos Ltd purchased a new position in shares of Fair Isaac during the first quarter valued at approximately $28,000. N.E.W. Advisory Services LLC bought a new position in shares of Fair Isaac during the first quarter valued at approximately $30,000. Finally, Meeder Asset Management Inc. boosted its holdings in Fair Isaac by 41.7% in the first quarter. Meeder Asset Management Inc. now owns 17 shares of the technology company's stock valued at $31,000 after acquiring an additional 5 shares in the last quarter. 85.75% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

FICO has been the topic of several analyst reports. Bank of America initiated coverage on shares of Fair Isaac in a research report on Thursday, April 10th. They set a "buy" rating and a $2,800.00 price target on the stock. Barclays reduced their price objective on shares of Fair Isaac from $2,350.00 to $2,250.00 and set an "overweight" rating for the company in a research report on Friday, April 4th. Needham & Company LLC reiterated a "buy" rating and set a $2,575.00 price objective on shares of Fair Isaac in a research report on Tuesday. Jefferies Financial Group reaffirmed a "buy" rating and set a $2,500.00 price target (up from $2,225.00) on shares of Fair Isaac in a research report on Wednesday, May 14th. Finally, Baird R W upgraded shares of Fair Isaac from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, May 28th. Two research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $2,304.15.

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.