Delta Global Management LP Acquires 6,950 Shares of Fair Isaac Corporation $FICO

Delta Global Management LP grew its holdings in shares of Fair Isaac Corporation (NYSE:FICO) by 335.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,024 shares of the technology company’s stock after purchasing an additional 6,950 shares during the period. Delta Global Management LP’s holdings in Fair Isaac were worth $13,505,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Heartland Bank & Trust Co grew its position in Fair Isaac by 1.3% during the third quarter. Heartland Bank & Trust Co now owns 464 shares of the technology company’s stock worth $694,000 after buying an additional 6 shares in the last quarter. GW&K Investment Management LLC raised its holdings in Fair Isaac by 4.6% in the 3rd quarter. GW&K Investment Management LLC now owns 136 shares of the technology company’s stock valued at $204,000 after acquiring an additional 6 shares in the last quarter. Great Lakes Advisors LLC lifted its position in shares of Fair Isaac by 5.7% during the 1st quarter. Great Lakes Advisors LLC now owns 112 shares of the technology company’s stock valued at $207,000 after acquiring an additional 6 shares during the period. Meeder Asset Management Inc. lifted 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 valued at $30,000 after acquiring an additional 8 shares during the period. Finally, Parkside Financial Bank & Trust grew its holdings in shares of Fair Isaac by 5.9% during the 3rd quarter. Parkside Financial Bank & Trust now owns 143 shares of the technology company’s stock worth $214,000 after purchasing an additional 8 shares in the last quarter. 85.75% of the stock is owned by institutional investors.

Fair Isaac Stock Up 3.4%

Shares of FICO stock opened at $1,131.13 on Monday. The business has a fifty day simple moving average of $1,436.84 and a 200 day simple moving average of $1,589.15. The company has a market cap of $26.83 billion, a P/E ratio of 41.86, a P/E/G ratio of 1.09 and a beta of 1.28. Fair Isaac Corporation has a twelve month low of $1,068.67 and a twelve month high of $2,217.60.

Fair Isaac (NYSE:FICO) last released its 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. The firm had revenue of $766.00 million for the quarter, compared to analysts’ expectations of $501.05 million. Fair Isaac had a negative return on equity of 40.98% and a net margin of 31.89%.The business’s revenue for the quarter was up 16.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $5.79 earnings per share. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. As a group, equities research analysts anticipate that Fair Isaac Corporation will post 24.15 earnings per share for the current fiscal year.

Fair Isaac announced that its board has authorized a stock buyback plan on Wednesday, February 25th that permits the company to buyback $1.50 billion in outstanding shares. This buyback authorization permits the technology company to reacquire up to 5.2% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s leadership believes its stock is undervalued.

Insider Activity at Fair Isaac

In related news, Director Joanna Rees sold 358 shares of the company’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $1,360.00, for a total transaction of $486,880.00. Following the completion of 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Steven P. Weber sold 1,426 shares of the stock in a transaction that occurred on 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 transaction, the chief financial officer directly owned 2,804 shares of the company’s stock, valued at approximately $5,075,240. The trade was a 33.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 2,304 shares of company stock valued at $3,706,308. 3.02% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on FICO shares. The Goldman Sachs Group decreased 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 report on Monday, February 2nd. Needham & Company LLC reiterated a “buy” rating on shares of Fair Isaac in a research note on Thursday, February 26th. Weiss Ratings reissued a “hold (c+)” rating on shares of Fair Isaac in a report on Monday, December 29th. Bank of America began coverage on shares of Fair Isaac in a research report on Tuesday, February 17th. They issued a “buy” rating and a $1,900.00 target price for the company. Finally, UBS Group cut their price target on shares of Fair Isaac from $1,500.00 to $1,350.00 and set a “neutral” rating for the company in a report on Wednesday, March 11th. Nine equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Fair Isaac has a consensus rating of “Moderate Buy” and an average target price of $1,972.31.

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.