Police & Firemen s Retirement System of New Jersey Raises Position in Fair Isaac Corporation $FICO

Police & Firemen s Retirement System of New Jersey lifted its stake in shares of Fair Isaac Corporation (NYSE:FICO) by 4.3% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,621 shares of the technology company’s stock after buying an additional 150 shares during the quarter. Police & Firemen s Retirement System of New Jersey’s holdings in Fair Isaac were worth $6,619,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Fair Isaac by 29.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 316,780 shares of the technology company’s stock valued at $584,193,000 after acquiring an additional 72,518 shares in the last quarter. Nuveen LLC purchased a new position in shares of Fair Isaac in the first quarter valued at $114,864,000. Vanguard Group Inc. grew its holdings in Fair Isaac by 2.0% during the 1st quarter. Vanguard Group Inc. now owns 2,962,434 shares of the technology company’s stock valued at $5,463,202,000 after purchasing an additional 58,740 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Fair Isaac during the 2nd quarter worth $85,183,000. Finally, Congress Asset Management Co. increased its stake in Fair Isaac by 261.2% during the 2nd quarter. Congress Asset Management Co. now owns 48,778 shares of the technology company’s stock worth $89,164,000 after buying an additional 35,272 shares during the period. 85.75% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Fair Isaac

In other news, CEO William J. Lansing sold 6,011 shares of the stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $1,537.50, for a total transaction of $9,241,912.50. Following the sale, the chief executive officer directly owned 42,138 shares in the company, valued at approximately $64,787,175. This represents a 12.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold 20,432 shares of company stock worth $32,252,997 over the last three months. 3.46% of the stock is currently owned by corporate insiders.

Fair Isaac Price Performance

Fair Isaac stock opened at $1,742.98 on Friday. Fair Isaac Corporation has a 12 month low of $1,300.00 and a 12 month high of $2,400.00. The company has a fifty day moving average price of $1,631.72 and a two-hundred day moving average price of $1,664.41. The company has a market cap of $41.32 billion, a PE ratio of 68.17, a P/E/G ratio of 1.63 and a beta of 1.34.

Fair Isaac (NYSE:FICO) last posted its quarterly earnings results on Wednesday, November 5th. The technology company reported $7.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $7.36 by $0.38. Fair Isaac had a net margin of 32.80% and a negative return on equity of 48.88%. The company had revenue of $515.75 million for the quarter, compared to the consensus estimate of $512.38 million. During the same period last year, the firm posted $6.54 EPS. The company’s revenue for the quarter was up 13.6% on a year-over-year basis. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. Equities research analysts anticipate that Fair Isaac Corporation will post 24.15 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Wells Fargo & Company upped their price objective on shares of Fair Isaac from $2,300.00 to $2,400.00 and gave the company an “overweight” rating in a research report on Tuesday, October 14th. Robert W. Baird boosted their price target on Fair Isaac from $1,900.00 to $1,960.00 and gave the stock an “outperform” rating in a research note on Thursday, November 6th. Needham & Company LLC restated a “buy” rating and set a $1,950.00 price objective on shares of Fair Isaac in a research note on Thursday, October 2nd. Seaport Res Ptn upgraded Fair Isaac to a “strong-buy” rating in a research note on Wednesday, October 1st. Finally, Griffin Securities set a $1,800.00 price target on shares of Fair Isaac in a research note on Monday, August 18th. Three research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $2,118.50.

About Fair Isaac

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.