Fair Isaac Corporation $FICO Stake Raised by Bowie Capital Management LLC

Bowie Capital Management LLC lifted its holdings in Fair Isaac Corporation (NYSE:FICO) by 9.5% in the 3rd quarter, Holdings Channel.com reports. The firm owned 78,485 shares of the technology company’s stock after purchasing an additional 6,829 shares during the quarter. Fair Isaac comprises about 5.1% of Bowie Capital Management LLC’s holdings, making the stock its 8th biggest position. Bowie Capital Management LLC’s holdings in Fair Isaac were worth $117,455,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of FICO. Artisan Partners Limited Partnership purchased a new position in Fair Isaac during the second quarter valued at $84,295,000. Tokio Marine Asset Management Co. Ltd. increased its stake in shares of Fair Isaac by 111.6% during the third quarter. Tokio Marine Asset Management Co. Ltd. now owns 1,947 shares of the technology company’s stock worth $2,914,000 after purchasing an additional 1,027 shares in the last quarter. Brighton Jones LLC increased its stake in shares of Fair Isaac by 168.7% during the fourth quarter. Brighton Jones LLC now owns 481 shares of the technology company’s stock worth $958,000 after purchasing an additional 302 shares in the last quarter. Ashton Thomas Private Wealth LLC acquired a new position in shares of Fair Isaac during the 3rd quarter worth about $627,000. Finally, Azzad Asset Management Inc. ADV acquired a new position in shares of Fair Isaac during the 3rd quarter worth about $705,000. Institutional investors and hedge funds own 85.75% of the company’s stock.

Fair Isaac Trading Down 0.2%

Shares of NYSE FICO opened at $1,471.53 on Friday. The stock has a market cap of $34.90 billion, a PE ratio of 54.46, a P/E/G ratio of 1.42 and a beta of 1.28. Fair Isaac Corporation has a 12-month low of $1,193.09 and a 12-month high of $2,217.60. The company has a 50-day moving average of $1,485.53 and a 200 day moving average of $1,594.06.

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

Fair Isaac announced that its board has initiated a stock buyback program on Wednesday, February 25th that permits the company to buyback $1.50 billion in shares. This buyback authorization permits the technology company to purchase up to 5.2% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its shares are undervalued.

Insider Buying and Selling

In related news, CFO Steven P. Weber sold 1,426 shares of Fair Isaac stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $1,810.00, for a total transaction of $2,581,060.00. Following the transaction, the chief financial officer owned 2,804 shares in the company, valued at approximately $5,075,240. This trade represents a 33.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Eva Manolis sold 521 shares of the business’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $1,825.83, for a total value of $951,257.43. Following the transaction, the director directly owned 344 shares in the company, valued at $628,085.52. This trade represents a 60.23% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 2,825 shares of company stock worth $4,657,565. 3.02% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

FICO has been the topic of several research analyst reports. Bank of America initiated coverage on Fair Isaac in a report on Tuesday, February 17th. They issued a “buy” rating and a $1,900.00 price objective on the stock. Jefferies Financial Group increased their target price on Fair Isaac from $2,100.00 to $2,200.00 and gave the company a “buy” rating in a report on Friday, January 16th. Wells Fargo & Company raised their target price on 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. The Goldman Sachs Group lowered their price target on Fair Isaac from $2,070.00 to $1,777.00 and set a “buy” rating on the stock in a research note on Monday, February 2nd. Finally, Needham & Company LLC reiterated a “buy” rating on shares of Fair Isaac in a research report on Thursday, February 26th. Nine investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $1,994.62.

Fair Isaac Company 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.