Fair Isaac (NYSE:FICO) Price Target Cut to $2,100.00 by Analysts at UBS Group

Fair Isaac ( - ) had its target price cut by research analysts at UBS Group from $2,250.00 to $2,100.00 in a research report issued to clients and investors on Monday, reports. The brokerage presently has a "neutral" rating on the technology company's stock. UBS Group's target price points to a potential upside of 14.15% from the stock's current price.

Several other equities analysts have also recently weighed in on the stock. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $2,040.00 price target on shares of Fair Isaac in a research report on Thursday, November 7th. Wells Fargo & Company lifted their target price on Fair Isaac from $2,200.00 to $2,400.00 and gave the company an "overweight" rating in a research report on Thursday, November 7th. JPMorgan Chase & Co. started coverage on Fair Isaac in a research report on Friday, December 20th. They issued a "neutral" rating and a $2,150.00 price target for the company. Barclays lifted their price objective on shares of Fair Isaac from $2,150.00 to $2,350.00 and gave the stock an "overweight" rating in a report on Thursday, November 7th. Finally, The Goldman Sachs Group increased their target price on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the company a "buy" rating in a report on Thursday, December 5th. Five research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $2,087.77.

Fair Isaac Trading Up 1.4 %

opened at $1,839.65 on Monday. The company has a market cap of $44.80 billion, a price-to-earnings ratio of 89.96, a PEG ratio of 3.46 and a beta of 1.40. The company's fifty day moving average price is $2,107.30 and its two-hundred day moving average price is $1,948.35. Fair Isaac has a 1-year low of $1,105.65 and a 1-year high of $2,402.51.

Insider Activity

In other news, EVP  sold 3,500 shares of the stock in a transaction on Thursday, December 5th. The stock was sold at an average price of $2,373.85, for a total transaction of $8,308,475.00. Following the completion of the transaction, the executive vice president now owns 45,395 shares in the company, valued at approximately $107,760,920.75. This represents a 7.16 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through . Also, EVP  sold 2,680 shares of Fair Isaac stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $2,338.21, for a total value of $6,266,402.80. Following the completion of the sale, the executive vice president now directly owns 5,769 shares of the company's stock, valued at approximately $13,489,133.49. This trade represents a 31.72 % decrease in their position. The disclosure for this sale can be found . Insiders sold 13,589 shares of company stock valued at $31,258,963 in the last three months. Company insiders own 3.54% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of FICO. Capital Performance Advisors LLP bought a new stake in shares of Fair Isaac during the third quarter valued at about $25,000. True Wealth Design LLC increased its holdings in Fair Isaac by 900.0% during the 3rd quarter. True Wealth Design LLC now owns 20 shares of the technology company's stock worth $39,000 after acquiring an additional 18 shares during the period. Berbice Capital Management LLC purchased a new stake in Fair Isaac in the 4th quarter worth approximately $40,000. Meeder Asset Management Inc. lifted its stake in Fair Isaac by 37.5% in the 3rd quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company's stock worth $43,000 after purchasing an additional 6 shares in the last quarter. Finally, Versant Capital Management Inc. boosted its holdings in Fair Isaac by 500.0% in the 4th quarter. Versant Capital Management Inc. now owns 24 shares of the technology company's stock valued at $48,000 after purchasing an additional 20 shares during the period. 85.75% of the stock is owned by 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.

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

UBS Group has reduced its price target for Fair Isaac from $2,250.00 to $2,100.00, maintaining a 'neutral' rating. Several other analysts have also adjusted their targets, with Royal Bank of Canada, Wells Fargo & Company, JPMorgan Chase & Co., Barclays, and The Goldman Sachs Group providing their own ratings and price targets. Fair Isaac's stock price has increased by 14.15% to $1,839.65, with a market cap of $44.80 billion.