On Thursday, the equity research experts at StockNews.com announced in a research note that they would begin covering Fair Isaac.
The note was distributed to investors and was also posted on the website.
The technology company’s stock is assigned a rating of “Hold” by the organization that manages investments.
On Thursday, the NYSE FICO opened for $668.30 per share.
The moving averages for the previous 50 days at the company are $661.03, while those for the previous 200 days are $561.38.
During the previous year, the Fair Isaac Corporation reached a low of $340.48 and a high of $711.84.
The median value was $340.48.
The company has a price-to-earnings ratio of 44.70 and a beta value of 1.27.
The value of the company’s beta is 1.27.
The company’s total value, as measured by its market capitalization, is $16.61 billion.
Numerous additional research investigations have been carried out on FICO throughout its existence.
Barclays upgraded Fair Isaac’s rating to “overweight” and increased their price objective for the company from $575 to $700 in a research report published on Friday, December 2.
These two modifications were executed with the company in mind at all times. Jefferies Financial Group raised its price target for Fair Isaac in a research note published on Friday, January 27.
The note was made available to the public. Compared to the previous price target of $715.00, the new price target has been raised to $745.00.
Additionally, “buying” the stock was recommended by the company.
In a research note published on Friday, January 27, by the Royal Bank of Canada, the price target for Fair Isaac was increased from $463.00 to $685.00, and the stock was rated “sector perform.” The price target that Robert W.
Baird has set for Fair Isaac has increased from $537.00 to $655.00, as stated in a research note published on Friday, January 27.
In addition to that, they assigned the stock a “neutral” rating.
The research report that Deutsche Bank Aktiengesellschaft published on Friday, January 27, changed its recommendation for Fair Isaac from “hold” to “buy,” making it the last of the upgrades but certainly not the least of them.
There are a total of five research analysts who have assigned the company a buy rating, whereas there are only three who have assigned it a hold rating.
The data that Bloomberg provided indicates that the general rating for Fair Isaac is “Moderate Buy” and that the average price target is $727.43.
According to a separate piece of news, on January 31, Executive Vice President Thomas A.
Bowers sold 13,491 shares of the company’s stock.
The company disclosed this information.
The stock sale generated a total of $8,780,617.35, with the price of each share averaging out to be $650.85. Following the successful conclusion of the transaction, the executive vice president now has direct control over 1,815 company shares, the total value of which is approximately $1,181,292.75. You might find a filing that explains the transaction in greater detail on the Securities and Exchange Commission (SEC) website. On January 31, Executive Vice President Thomas A.
Bowers sold 13,491 shares of the company’s stock.
This is just one of the latest developments relating to this topic.
The shares were sold for a total amount equivalent to 8,780,617.35 dollars, with an average price of $650.85 per share. Following the successful conclusion of the transaction, the executive vice president now has direct control over 1,815 company shares, the total value of which is approximately $1,181,292.75. Following this link, you will be taken to the SEC filing in which the transaction was discussed in greater detail.
Additionally, on February 15, Chief Administrative Officer Michael S.
Leonard sold 300 shares of the company’s stock.
The stock sale resulted in total revenue of $210,540.00, equivalent to an average price of $701.80 per share. Following the completion of the sale, the chief accounting officer acquired 4,937 shares in the company.
Based on the current market price, these shares have a value of approximately $3,464,786.60.
Disclosures related to the sale might be found in this website section. Over the past three months, company insiders have offloaded 16,998 shares of company stock, bringing in a total of $11,239,163 in proceeds from the sales. 3.37 percent of the total number of shares in the company’s outstanding stock is held by company insiders.
Recently, several hedge funds have been seen transacting business in the market by purchasing and selling company shares.
The percentage of Fair Isaac stock that Victory Capital Management INC owned increased by 22.0% during the fourth quarter.
By purchasing an additional 12,728 shares of the technology company’s stock, Victory Capital Management INC has increased its holdings, bringing the total number of shares it owns to 70,531, valued at $42,218,000.
The company accomplished a 27.8 percent increase in the proportion of Fair Isaac shares that Voya Investment Management LLC owned as of the end of the fourth quarter. Following the purchase of 3,405 additional shares during the preceding quarter, Voya Investment Management LLC now owns 15,651 shares of the technology company’s stock, valued at $9,368,000.
This brings the total number of shares owned by the firm to a cumulative total of 15,651. Gallagher Benefit Services, INC made a brand new investment of 248,000 dollars in Fair Isaac during the last three months of 2018.
During the fourth quarter of the fiscal year, Natixis increased the percentage of Fair Isaac stock owned by 57.3%.
After purchasing an additional 4,700 shares over the preceding three months, Natixis has 12,901 of the technology company’s shares in its portfolio.
These shares have a combined value of $7,722,000 and makeup Natixis’ current holdings.
A 15.0% increase in the proportion of Fair Isaac stock that Northwestern Mutual Wealth Management Co owns was made during the company’s fourth quarter of operations.
This brings us to the last point we will discuss. Following the purchase of an additional 25 shares during the most recent fiscal quarter, the value of the holdings that Northwestern Mutual Wealth Management Co has in the stock of this technology company has increased to $115,000, bringing the total value of its holdings in this company’s stock to $115,000. Currently, institutions hold ownership rights over 87.75% of the company’s common stock.
The Fair Isaac Corporation offers various choices for managing decision-making processes.
The business is structured with three separate operational divisions, which include app development, scorekeeping, and software for decision management.
The Applications sector is responsible for a wide variety of decision management applications. Some examples of these applications include marketing, account origination, client management, fraud, collections, and insurance claims management.