PNC Financial Services Group Inc. Buys 507 Shares of Fair Isaac Corporation $FICO

PNC Financial Services Group Inc. lifted its stake in Fair Isaac Corporation (NYSE:FICO) by 12.5% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,578 shares of the technology company’s stock after buying an additional 507 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Fair Isaac were worth $6,851,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of FICO. Vanguard Group Inc. lifted its stake in Fair Isaac by 1.2% in the 2nd quarter. Vanguard Group Inc. now owns 2,997,525 shares of the technology company’s stock worth $5,479,356,000 after purchasing an additional 35,091 shares in the last quarter. State Street Corp lifted its position in shares of Fair Isaac by 1.2% in the second quarter. State Street Corp now owns 1,083,410 shares of the technology company’s stock worth $1,980,430,000 after buying an additional 13,018 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Fair Isaac by 2.0% in the second quarter. Geode Capital Management LLC now owns 712,699 shares of the technology company’s stock worth $1,299,727,000 after buying an additional 13,906 shares in the last quarter. Principal Financial Group Inc. boosted its stake in Fair Isaac by 8.1% during the third quarter. Principal Financial Group Inc. now owns 404,105 shares of the technology company’s stock valued at $604,819,000 after buying an additional 30,253 shares during the last quarter. Finally, American Century Companies Inc. grew its holdings in Fair Isaac by 2.8% during the 2nd quarter. American Century Companies Inc. now owns 397,389 shares of the technology company’s stock valued at $726,411,000 after buying an additional 10,771 shares in the last quarter. 85.75% of the stock is owned by hedge funds and other institutional investors.

Fair Isaac Price Performance

Shares of NYSE:FICO opened at $1,354.06 on Friday. The firm has a market capitalization of $32.12 billion, a PE ratio of 50.11, a price-to-earnings-growth ratio of 1.32 and a beta of 1.27. The business has a 50 day simple moving average of $1,568.72 and a two-hundred day simple moving average of $1,589.11. Fair Isaac Corporation has a 1 year low of $1,280.86 and a 1 year high of $2,217.60.

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

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on FICO shares. Zacks Research cut Fair Isaac from a “strong-buy” rating to a “hold” rating in a report on Monday, December 1st. Robert W. Baird boosted their price target on shares of Fair Isaac from $1,900.00 to $1,960.00 and gave the stock an “outperform” rating in a research report on Thursday, November 6th. Jefferies Financial Group upped their price target on shares of Fair Isaac from $2,100.00 to $2,200.00 and gave the company a “buy” rating in a research note on Friday, January 16th. Wells Fargo & Company increased their price objective 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. Finally, Needham & Company LLC restated a “buy” rating and issued a $1,975.00 target price on shares of Fair Isaac in a report on Thursday, January 29th. Ten research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, Fair Isaac has a consensus rating of “Moderate Buy” and an average target price of $2,007.14.

Insider Activity

In other news, Director Joanna Rees sold 358 shares of the company’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $1,360.00, for a total value of $486,880.00. Following the transaction, the director directly owned 11,204 shares in the company, valued at approximately $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 SEC, which is accessible through the SEC website. Also, CFO Steven P. Weber sold 1,426 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the chief financial officer directly owned 2,804 shares in the company, valued at $5,075,240. This represents a 33.71% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 2,305 shares of company stock valued at $4,019,197. 3.02% of the stock is currently 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.