Mark R. Scadina Sells 13,793 Shares of Fair Isaac Co. (NYSE:FICO) Stock

Fair Isaac Co. (NYSE:FICOGet Rating) EVP Mark R. Scadina sold 13,793 shares of the business’s stock in a transaction dated Monday, November 14th. The shares were sold at an average price of $601.28, for a total transaction of $8,293,455.04. Following the completion of the sale, the executive vice president now owns 19,186 shares in the company, valued at $11,536,158.08. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Fair Isaac Stock Performance

Fair Isaac stock opened at $586.71 on Friday. The company has a market cap of $14.65 billion, a price-to-earnings ratio of 41.32 and a beta of 1.23. Fair Isaac Co. has a 1 year low of $340.48 and a 1 year high of $623.61. The firm has a 50 day moving average price of $454.99 and a 200 day moving average price of $435.17.

Institutional Investors Weigh In On Fair Isaac

Several large investors have recently made changes to their positions in the company. Lazard Asset Management LLC lifted its position in shares of Fair Isaac by 97.5% in the 2nd quarter. Lazard Asset Management LLC now owns 79 shares of the technology company’s stock valued at $31,000 after acquiring an additional 39 shares in the last quarter. Venture Visionary Partners LLC bought a new position in shares of Fair Isaac during the 2nd quarter worth about $47,000. O Dell Group LLC bought a new stake in shares of Fair Isaac in the 1st quarter worth about $49,000. Ellevest Inc. boosted its stake in Fair Isaac by 195.9% in the third quarter. Ellevest Inc. now owns 145 shares of the technology company’s stock worth $60,000 after purchasing an additional 96 shares in the last quarter. Finally, Archer Investment Corp increased its holdings in shares of Fair Isaac by 42.4% in the first quarter. Archer Investment Corp now owns 141 shares of the technology company’s stock valued at $66,000 after purchasing an additional 42 shares in the last quarter. Institutional investors and hedge funds own 86.95% of the company’s stock.

Analyst Upgrades and Downgrades

FICO has been the topic of several recent research reports. StockNews.com downgraded Fair Isaac from a “buy” rating to a “hold” rating in a report on Sunday, November 13th. Barclays raised their target price on shares of Fair Isaac from $535.00 to $575.00 and gave the stock an “overweight” rating in a research report on Thursday, November 10th. Needham & Company LLC boosted their target price on Fair Isaac from $600.00 to $630.00 and gave the company a “buy” rating in a report on Thursday, November 10th. Jefferies Financial Group upped their price objective on shares of Fair Isaac from $545.00 to $695.00 and gave the stock a “buy” rating in a research report on Friday, November 11th. Finally, Robert W. Baird downgraded shares of Fair Isaac from an “outperform” rating to a “neutral” rating and reduced their price objective for the company from $546.00 to $475.00 in a research report on Thursday, October 6th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, Fair Isaac currently has an average rating of “Moderate Buy” and a consensus target price of $597.80.

About Fair Isaac

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Fair Isaac Corporation develops analytic, software, and data management products and services that enable businesses to automate, enhance, and connect decisions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates through two segments, Scores and Software. The Software segment offers pre-configured decision management solution designed for various business problems or processes, such as marketing, account origination, customer management, customer engagement, fraud detection, financial crimes compliance, collection, and marketing, as well as associated professional services.

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