Accredited Investors Inc. purchased a new stake in Fair Isaac Corporation (NYSE:FICO – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 689 shares of the technology company’s stock, valued at approximately $1,165,000.
Several other institutional investors also recently modified their holdings of FICO. Northwestern Mutual Wealth Management Co. grew its position in Fair Isaac by 480,776.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,327,664 shares of the technology company’s stock worth $5,625,815,000 after purchasing an additional 3,326,972 shares in the last quarter. Vanguard Group Inc. grew its position in Fair Isaac by 2.4% during the 3rd quarter. Vanguard Group Inc. now owns 3,069,749 shares of the technology company’s stock worth $4,593,971,000 after purchasing an additional 72,224 shares in the last quarter. Capital World Investors grew its position in Fair Isaac by 874.4% during the 3rd quarter. Capital World Investors now owns 808,393 shares of the technology company’s stock worth $1,209,784,000 after purchasing an additional 725,432 shares in the last quarter. Principal Financial Group Inc. grew its position in Fair Isaac by 13.4% during the 4th quarter. Principal Financial Group Inc. now owns 458,085 shares of the technology company’s stock worth $774,518,000 after purchasing an additional 53,980 shares in the last quarter. Finally, Capital International Investors grew its position in Fair Isaac by 402.8% during the 3rd quarter. Capital International Investors now owns 377,883 shares of the technology company’s stock worth $565,513,000 after purchasing an additional 302,734 shares in the last quarter. Institutional investors own 85.75% of the company’s stock.
Analyst Ratings Changes
Several research firms have weighed in on FICO. Robert W. Baird set a $1,549.00 price objective on shares of Fair Isaac in a research report on Wednesday, April 29th. The Goldman Sachs Group lowered their price objective on shares of Fair Isaac from $1,770.00 to $1,528.00 and set a “buy” rating on the stock in a research report on Thursday, April 2nd. Jefferies Financial Group lowered their price objective on shares of Fair Isaac from $1,800.00 to $1,700.00 and set a “buy” rating on the stock in a research report on Monday, May 4th. Bank of America began coverage on shares of Fair Isaac in a research report on Tuesday, February 17th. They set a “buy” rating and a $1,900.00 price objective on the stock. Finally, Raymond James Financial reiterated an “outperform” rating and set a $1,750.00 price objective on shares of Fair Isaac in a research report on Wednesday, April 29th. Ten equities research 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, Fair Isaac presently has a consensus rating of “Moderate Buy” and an average price target of $1,655.07.
Insider Transactions at Fair Isaac
In related news, Director Eva Manolis sold 520 shares of the company’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $1,227.63, for a total value of $638,367.60. Following the completion of the sale, the director directly owned 344 shares in the company, valued at approximately $422,304.72. This represents a 60.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 3.02% of the company’s stock.
Fair Isaac Stock Up 2.1%
Fair Isaac stock opened at $1,099.35 on Friday. The company’s fifty day simple moving average is $1,095.16 and its 200-day simple moving average is $1,429.57. Fair Isaac Corporation has a 12 month low of $870.01 and a 12 month high of $2,217.60. The stock has a market cap of $25.49 billion, a P/E ratio of 34.82, a P/E/G ratio of 0.97 and a beta of 1.24.
Fair Isaac (NYSE:FICO – Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The technology company reported $12.50 EPS for the quarter, beating the consensus estimate of $11.03 by $1.47. Fair Isaac had a net margin of 33.67% and a negative return on equity of 41.04%. The business had revenue of $691.68 million for the quarter, compared to analysts’ expectations of $630.21 million. During the same period in the previous year, the company posted $7.81 EPS. Fair Isaac’s revenue was up 38.7% on a year-over-year basis. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. On average, equities research analysts expect that Fair Isaac Corporation will post 37.99 earnings per share for the current fiscal year.
Fair Isaac announced that its Board of Directors has initiated a share buyback program on Wednesday, February 25th that allows the company to repurchase $1.50 billion in shares. This repurchase authorization allows the technology company to repurchase up to 5.2% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s management believes its stock is undervalued.
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.
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