First Financial Bankshares Inc Makes New Investment in Fair Isaac Corporation $FICO

First Financial Bankshares Inc purchased a new position in Fair Isaac Corporation (NYSE:FICO) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 1,250 shares of the technology company’s stock, valued at approximately $1,871,000.

Several other hedge funds and other institutional investors have also modified their holdings of FICO. Westside Investment Management Inc. acquired a new stake in Fair Isaac during the second quarter worth about $26,000. Cornerstone Planning Group LLC boosted its stake in Fair Isaac by 280.0% in the third quarter. Cornerstone Planning Group LLC now owns 19 shares of the technology company’s stock valued at $30,000 after acquiring an additional 14 shares during the period. Ransom Advisory Ltd bought a new position in shares of Fair Isaac during the third quarter valued at approximately $30,000. Meeder Asset Management Inc. raised its position in shares of Fair Isaac by 66.7% during the 3rd quarter. Meeder Asset Management Inc. now owns 20 shares of the technology company’s stock worth $30,000 after purchasing an additional 8 shares during the period. Finally, Root Financial Partners LLC acquired a new stake in shares of Fair Isaac during the 3rd quarter worth approximately $30,000. 85.75% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on FICO shares. The Goldman Sachs Group lowered their price objective on Fair Isaac from $2,070.00 to $1,777.00 and set a “buy” rating for the company in a research note on Monday, February 2nd. Weiss Ratings reissued a “hold (c+)” rating on shares of Fair Isaac in a report on Monday, December 29th. Wells Fargo & Company increased their price objective on shares of Fair Isaac from $2,400.00 to $2,500.00 and gave the stock an “overweight” rating in a report on Wednesday, January 14th. Bank of America initiated coverage on shares of Fair Isaac in a research report on Tuesday, February 17th. They issued a “buy” rating and a $1,900.00 price objective on the stock. Finally, Robert W. Baird boosted their target price on shares of Fair Isaac from $1,900.00 to $1,960.00 and gave the company an “outperform” rating in a research note on Thursday, November 6th. Ten research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $2,007.14.

Insider Buying and Selling

In other Fair Isaac news, Director Joanna Rees sold 358 shares of the business’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $1,360.00, for a total value of $486,880.00. Following the sale, the director directly owned 11,204 shares in the company, valued at approximately $15,237,440. The trade was a 3.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Steven P. Weber sold 1,426 shares of the company’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $1,810.00, for a total transaction of $2,581,060.00. Following the completion of the sale, the chief financial officer directly owned 2,804 shares of the company’s stock, valued at $5,075,240. The trade was a 33.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 2,305 shares of company stock valued at $4,019,197 over the last three months. Company insiders own 3.02% of the company’s stock.

Fair Isaac Price Performance

NYSE FICO opened at $1,282.42 on Tuesday. Fair Isaac Corporation has a 12 month low of $1,268.00 and a 12 month high of $2,217.60. The firm has a market capitalization of $30.42 billion, a PE ratio of 47.46, a P/E/G ratio of 1.30 and a beta of 1.27. The company’s 50 day simple moving average is $1,548.33 and its 200 day simple moving average is $1,591.79.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings results on Wednesday, January 28th. The technology company reported $7.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.08 by $0.25. Fair Isaac had a negative return on equity of 40.98% and a net margin of 31.89%.The firm had revenue of $766.00 million during the quarter, compared to analyst estimates of $501.05 million. During the same period last year, the company posted $5.79 EPS. The firm’s quarterly revenue was up 16.4% on a year-over-year basis. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. Sell-side analysts anticipate that Fair Isaac Corporation will post 24.15 earnings per share for the current fiscal year.

Fair Isaac Profile

Fair Isaac Corporation, commonly known as FICO, is a data analytics and software company best known for its FICO Score, a widely used credit-scoring system that helps lenders assess consumer credit risk. Founded in 1956 by Bill Fair and Earl Isaac, the company has evolved from its origins in statistical credit scoring to a broader focus on predictive analytics, decision management and artificial intelligence-driven solutions for financial services and other industries. FICO is headquartered in San Jose, California, and operates globally, serving clients across North America, Latin America, Europe, the Middle East, Africa and the Asia-Pacific region.

FICO’s product portfolio centers on analytics and decisioning technologies.