Legal & General Group Plc Purchases Shares of 144,928 Fair Isaac Corporation $FICO

Legal & General Group Plc purchased a new position in shares of Fair Isaac Corporation (NYSE:FICO) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 144,928 shares of the technology company’s stock, valued at approximately $173,157,000.

Other large investors also recently made changes to their positions in the company. XXEC Inc. acquired a new stake in Fair Isaac in the second quarter valued at approximately $33,189,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Fair Isaac by 480,776.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,327,664 shares of the technology company’s stock valued at $5,625,815,000 after purchasing an additional 3,326,972 shares during the last quarter. BlackRock Inc. bought a new stake in Fair Isaac in the 2nd quarter worth about $2,491,517,000. Capital Research Global Investors purchased a new stake in shares of Fair Isaac during the fourth quarter valued at approximately $516,615,000. Finally, Norges Bank purchased a new stake in shares of Fair Isaac during the 4th quarter valued at $490,209,000. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Fair Isaac Stock Down 0.4%

Shares of NYSE FICO opened at $1,132.75 on Thursday. The company has a market cap of $24.47 billion, a price-to-earnings ratio of 32.72, a PEG ratio of 1.02 and a beta of 1.30. The firm’s fifty day moving average is $1,172.07 and its 200 day moving average is $1,177.39. Fair Isaac Corporation has a 52 week low of $870.01 and a 52 week high of $1,998.01.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings data on Wednesday, July 29th. The technology company reported $12.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $11.76 by $0.42. Fair Isaac had a net margin of 34.05% and a negative return on equity of 32.51%. The business had revenue of $674.19 million for the quarter, compared to the consensus estimate of $679.17 million. During the same period in the previous year, the firm earned $8.57 EPS. The company’s quarterly revenue was up 25.7% compared to the same quarter last year. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. Equities research analysts anticipate that Fair Isaac Corporation will post 37.37 earnings per share for the current year.

Insider Transactions at Fair Isaac

In related news, Director Eva Manolis sold 967 shares of the business’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $1,400.00, for a total transaction of $1,353,800.00. Following the sale, the director owned 498 shares of the company’s stock, valued at $697,200. The trade was a 66.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.02% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

FICO has been the topic of a number of research reports. Bank of America lowered their price target on shares of Fair Isaac from $1,550.00 to $1,400.00 and set a “buy” rating on the stock in a report on Tuesday, May 19th. Wall Street Zen cut shares of Fair Isaac from a “buy” rating to a “hold” rating in a research note on Sunday, June 28th. UBS Group decreased their price objective on shares of Fair Isaac from $1,200.00 to $1,130.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 12th. Jefferies Financial Group set a $1,675.00 price target on Fair Isaac in a research note on Monday, August 3rd. Finally, Needham & Company LLC restated a “buy” rating and issued a $1,650.00 price objective on shares of Fair Isaac in a report on Thursday, July 30th. Eleven investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, Fair Isaac presently has a consensus rating of “Moderate Buy” and an average target price of $1,553.69.

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.