Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Fair Isaac Corp shares valued at $8,121,429 were sold by Wehmann James M on Nov 21 ’24. At $2320.41 per share, Wehmann James M sold 3,500 shares. The insider’s holdings dropped to 48,895 shares worth approximately $115.1 million following the completion of this transaction.
Also, JAMES WEHMANN purchased 3,500 shares, netting a total of over 8,121,429 in proceeds.
Before that, Rey David A had sold 4,677 shares from its account. In a trade valued at $10,945,475, the Director traded Fair Isaac Corp shares for $2340.28 each. Upon closing the transaction, the insider’s holdings decreased to 4,677 shares, worth approximately $3.95 million.
As published in their initiating research note from UBS on October 01, 2024, Fair Isaac Corp [FICO] has been a Neutral and the price target has been revised to $2100. Analysts at Oppenheimer started covering the stock with ‘”an Outperform”‘ outlook in a report released in early September. As of August 13, 2024, Wells Fargo has initiated its “an Overweight” rating for FICO. Earlier on July 09, 2024, Wolfe Research initiated its rating. Their recommendation was “an Outperform” for FICO stock.
Analyzing FICO Stock Performance
During the last five days, there has been a surge of approximately 1.92%. Over the course of the year, Fair Isaac Corp shares have jumped approximately 102.23%. Shares of the company reached a 52-week high of $2,402.51 on 11/13/24 and a 52-week low of $1,105.65 on 04/26/24. A 50-day SMA is recorded $2,084.33, while a 200-day SMA reached $1,595.78. Nevertheless, trading volume fell to 94060.0 shares from 0.28 million shares the previous day.
Support And Resistance Levels for Fair Isaac Corp (FICO)
According to the 24-hour chart, there is a support level at 2,328.05, which, if violated, would cause prices to drop to 2,302.10. In the upper region, resistance lies at 2,381.18. The next price resistance is at 2,408.35. RSI (Relative Strength Index) is 70.04 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 35.60, which suggests the price will increase in the coming days. Percent R is at 24.38%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
