Fair Isaac (NYSE:FICO) Shares Up 7.7% – Here’s What Happened

Fair Isaac Corporation (NYSE:FICO) rose 7.7% during mid-day trading on Monday . The company traded as high as $989.58 and last traded at $993.3990. Approximately 221,874 shares traded hands during mid-day trading, a decline of 35% from the average daily volume of 339,193 shares. The stock had previously closed at $922.37.

Wall Street Analyst Weigh In

FICO has been the subject of a number of research reports. UBS Group lowered their price target on 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. Jefferies Financial Group boosted their price target on Fair Isaac from $2,100.00 to $2,200.00 and gave the company a “buy” rating in a report on Friday, January 16th. Bank of America initiated coverage on Fair Isaac in a report on Tuesday, February 17th. They issued a “buy” rating and a $1,900.00 price target for the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of Fair Isaac in a report on Monday, December 29th. Finally, Wells Fargo & Company lowered their price target on Fair Isaac from $2,500.00 to $2,300.00 and set an “overweight” rating for the company in a report on Wednesday, March 18th. Nine 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.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $1,832.92.

Fair Isaac Price Performance

The stock has a market cap of $23.98 billion, a PE ratio of 37.43, a price-to-earnings-growth ratio of 0.89 and a beta of 1.38. The business has a fifty day moving average of $1,240.59 and a 200-day moving average of $1,525.00.

Fair Isaac (NYSE:FICO) last posted its earnings results on Wednesday, January 28th. The technology company reported $7.33 earnings per share for the quarter, topping analysts’ consensus estimates of $7.08 by $0.25. The company had revenue of $766.00 million during the quarter, compared to analyst estimates of $501.05 million. Fair Isaac had a negative return on equity of 40.98% and a net margin of 31.89%.Fair Isaac’s revenue was up 16.4% on a year-over-year basis. During the same quarter 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 EPS for the current year.

Fair Isaac announced that its board has authorized a share repurchase program on Wednesday, February 25th that authorizes the company to buyback $1.50 billion in shares. This buyback authorization authorizes the technology company to reacquire up to 5.2% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

Insiders Place Their Bets

In other Fair Isaac news, Director Joanna Rees sold 358 shares of the company’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $1,360.00, for a total transaction of $486,880.00. Following the completion of the sale, the director owned 11,204 shares in the company, valued at $15,237,440. This represents a 3.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Eva Manolis sold 520 shares of the 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 sale, the director owned 344 shares of the company’s stock, valued at approximately $422,304.72. This represents a 60.19% decrease in their position. The disclosure for this sale is available in the SEC filing. 3.02% of the stock is owned by corporate insiders.

Institutional Trading of Fair Isaac

Several hedge funds and other institutional investors have recently made changes to their positions in FICO. Bayban purchased a new stake in shares of Fair Isaac during the 4th quarter valued at $25,000. Physician Wealth Advisors Inc. lifted its holdings in shares of Fair Isaac by 166.7% during the 4th quarter. Physician Wealth Advisors Inc. now owns 16 shares of the technology company’s stock valued at $27,000 after purchasing an additional 10 shares during the last quarter. Ransom Advisory Ltd acquired a new position in shares of Fair Isaac in the 3rd quarter valued at $30,000. Meeder Asset Management Inc. increased its position in shares of Fair Isaac by 66.7% in 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, Root Financial Partners LLC acquired a new position in shares of Fair Isaac in the 3rd quarter valued at $30,000. Hedge funds and other institutional investors own 85.75% of the company’s stock.

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.