Fair Isaac Corporation $FICO Shares Purchased by Capital International Investors

Capital International Investors raised its position in Fair Isaac Corporation (NYSE:FICO) by 402.8% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 377,883 shares of the technology company’s stock after buying an additional 302,734 shares during the quarter. Capital International Investors’ holdings in Fair Isaac were worth $565,513,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the company. Edgewood Management LLC purchased a new position in shares of Fair Isaac in the 2nd quarter valued at about $612,785,000. Norges Bank purchased a new stake in Fair Isaac during the second quarter worth about $365,831,000. Primecap Management Co. CA grew its position in Fair Isaac by 871.2% during the third quarter. Primecap Management Co. CA now owns 180,650 shares of the technology company’s stock worth $270,348,000 after buying an additional 162,050 shares during the period. Brown Advisory Inc. grew its position in Fair Isaac by 2,047.5% during the second quarter. Brown Advisory Inc. now owns 99,387 shares of the technology company’s stock worth $181,676,000 after buying an additional 94,759 shares during the period. Finally, Vanguard Group Inc. increased its holdings in Fair Isaac by 2.4% in the third quarter. Vanguard Group Inc. now owns 3,069,749 shares of the technology company’s stock valued at $4,593,971,000 after buying an additional 72,224 shares in the last quarter. 85.75% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

FICO has been the subject of a number of research reports. Zacks Research downgraded shares of Fair Isaac from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 1st. Wells Fargo & Company raised their price objective on Fair Isaac from $2,400.00 to $2,500.00 and gave the company an “overweight” rating in a research note on Wednesday, January 14th. Jefferies Financial Group lifted their price objective on Fair Isaac from $2,100.00 to $2,200.00 and gave the stock a “buy” rating in a report on Friday, January 16th. Bank of America initiated coverage on Fair Isaac in a research report on Tuesday, February 17th. They set a “buy” rating and a $1,900.00 target price on the stock. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Fair Isaac in a report on Monday, December 29th. Nine equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $1,994.62.

Fair Isaac Stock Performance

Shares of NYSE:FICO opened at $1,282.35 on Wednesday. The business’s fifty day moving average price is $1,469.69 and its two-hundred day moving average price is $1,595.35. The stock has a market cap of $30.42 billion, a PE ratio of 47.46, a price-to-earnings-growth ratio of 1.39 and a beta of 1.28. Fair Isaac Corporation has a one year low of $1,193.09 and a one year high of $2,217.60.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings data on Wednesday, January 28th. The technology company reported $7.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.08 by $0.25. The business had revenue of $766.00 million for the quarter, compared to the consensus estimate 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 was up 16.4% on a year-over-year basis. During the same period in the prior year, the business earned $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 predict that Fair Isaac Corporation will post 24.15 earnings per share for the current fiscal year.

Fair Isaac announced that its board has approved a stock buyback program on Wednesday, February 25th that permits the company to repurchase $1.50 billion in shares. This repurchase authorization permits the technology company to repurchase up to 5.2% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board believes its shares are undervalued.

Insider Activity at Fair Isaac

In other news, CFO Steven P. Weber sold 1,426 shares of Fair Isaac stock in a transaction dated 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 sale, the chief financial officer directly owned 2,804 shares in the company, valued at $5,075,240. The trade was a 33.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Joanna Rees sold 358 shares of the business’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 of the company’s stock, valued at approximately $15,237,440. This represents a 3.10% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 2,825 shares of company stock valued at $4,657,565. 3.02% of the stock is owned by insiders.

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.