Fair Isaac Corporation $FICO Shares Acquired by South Dakota Investment Council

South Dakota Investment Council increased its stake in shares of Fair Isaac Corporation (NYSE:FICO) by 1,176.1% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,841 shares of the technology company’s stock after purchasing an additional 3,540 shares during the period. South Dakota Investment Council’s holdings in Fair Isaac were worth $5,748,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of FICO. Brighton Jones LLC lifted its position in shares of Fair Isaac by 168.7% in the fourth quarter. Brighton Jones LLC now owns 481 shares of the technology company’s stock valued at $958,000 after acquiring an additional 302 shares in the last quarter. Great Lakes Advisors LLC raised its stake in Fair Isaac by 5.7% in the 1st quarter. Great Lakes Advisors LLC now owns 112 shares of the technology company’s stock valued at $207,000 after purchasing an additional 6 shares during the last quarter. Woodline Partners LP lifted its holdings in Fair Isaac by 46.1% in the 1st quarter. Woodline Partners LP now owns 2,138 shares of the technology company’s stock valued at $3,943,000 after purchasing an additional 675 shares in the last quarter. Assetmark Inc. lifted its holdings in Fair Isaac by 158.6% in the 2nd quarter. Assetmark Inc. now owns 75 shares of the technology company’s stock valued at $137,000 after purchasing an additional 46 shares in the last quarter. Finally, Plato Investment Management Ltd acquired a new stake in Fair Isaac during the 2nd quarter worth $519,000. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Fair Isaac Stock Up 3.0%

Shares of Fair Isaac stock opened at $1,449.67 on Wednesday. The firm has a market cap of $34.39 billion, a PE ratio of 53.65, a price-to-earnings-growth ratio of 1.36 and a beta of 1.28. The business’s fifty day simple moving average is $1,501.65 and its 200-day simple moving average is $1,593.51. Fair Isaac Corporation has a 52 week low of $1,193.09 and a 52 week high of $2,217.60.

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

Fair Isaac declared that its board has approved a stock buyback plan on Wednesday, February 25th that allows the company to repurchase $1.50 billion in shares. This repurchase authorization allows the technology company to buy up to 5.2% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s board believes its stock is undervalued.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on FICO shares. Wells Fargo & Company increased their target price on shares of Fair Isaac from $2,400.00 to $2,500.00 and gave the company an “overweight” rating in a research report on Wednesday, January 14th. BMO Capital Markets cut their price objective on shares of Fair Isaac from $2,300.00 to $2,200.00 and set an “outperform” rating for the company in a report on Thursday, November 6th. Robert W. Baird raised their target price on shares of 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. The Goldman Sachs Group dropped their price target on Fair Isaac from $2,070.00 to $1,777.00 and set a “buy” rating for the company in a research report on Monday, February 2nd. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Fair Isaac in a report on Monday, December 29th. Nine analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,994.62.

Insider Buying and Selling at Fair Isaac

In other Fair Isaac news, Director Joanna Rees sold 358 shares of the company’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $1,360.00, for a total transaction of $486,880.00. Following the transaction, the director directly owned 11,204 shares in the company, valued at $15,237,440. This represents a 3.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Eva Manolis sold 520 shares of the firm’s stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $1,227.63, for a total value of $638,367.60. Following the transaction, the director owned 344 shares of the company’s stock, valued at approximately $422,304.72. This represents a 60.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 2,825 shares of company stock valued at $4,657,565 over the last quarter. 3.02% of the stock is owned by company insiders.

About Fair Isaac

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.