Bronte Capital Management Pty Ltd. Purchases Shares of 1,567 Fair Isaac Corporation $FICO

Bronte Capital Management Pty Ltd. purchased a new stake in shares of Fair Isaac Corporation (NYSE:FICO) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 1,567 shares of the technology company’s stock, valued at approximately $2,649,000. Fair Isaac accounts for approximately 0.3% of Bronte Capital Management Pty Ltd.’s holdings, making the stock its 24th largest holding.

Several other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in shares of Fair Isaac by 2.4% in 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 during the period. Capital World Investors lifted its position in shares of Fair Isaac by 874.4% in 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 during the period. Principal Financial Group Inc. lifted its position in shares of Fair Isaac by 13.4% in 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 during the period. Capital International Investors lifted its position in shares of Fair Isaac by 402.8% in 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 during the period. Finally, Kensico Capital Management Corp lifted its position in shares of Fair Isaac by 30.4% in the 3rd quarter. Kensico Capital Management Corp now owns 324,880 shares of the technology company’s stock worth $486,193,000 after purchasing an additional 75,700 shares during the period. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Wall Street Analysts Forecast Growth

FICO has been the subject of several research analyst reports. UBS Group dropped their target price on shares of Fair Isaac from $1,200.00 to $1,150.00 and set a “neutral” rating for the company in a research report on Thursday, April 23rd. Mizuho initiated coverage on shares of Fair Isaac in a research report on Thursday, April 16th. They issued an “outperform” rating and a $1,416.00 target price for the company. The Goldman Sachs Group dropped their target price on shares of Fair Isaac from $1,770.00 to $1,528.00 and set a “buy” rating for the company in a research report on Thursday, April 2nd. Barclays dropped their target price on shares of Fair Isaac from $2,400.00 to $1,950.00 and set an “overweight” rating for the company in a research report on Friday, April 10th. Finally, Needham & Company LLC dropped their target price on shares of Fair Isaac from $1,975.00 to $1,650.00 and set a “buy” rating for the company in a research report on Wednesday, April 29th. Ten research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, Fair Isaac has an average rating of “Moderate Buy” and an average target price of $1,655.07.

Fair Isaac Price Performance

Shares of NYSE FICO opened at $1,067.41 on Wednesday. Fair Isaac Corporation has a 1 year low of $870.01 and a 1 year high of $2,217.60. The stock has a market cap of $24.75 billion, a P/E ratio of 33.81, a price-to-earnings-growth ratio of 0.94 and a beta of 1.24. The firm has a 50-day moving average of $1,138.96 and a 200 day moving average of $1,457.47.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings results on Tuesday, April 28th. The technology company reported $12.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company had revenue of $691.68 million during the quarter, compared to analysts’ expectations of $630.21 million. During the same period last 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. 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 has authorized a share repurchase plan on Wednesday, February 25th that permits the company to buyback $1.50 billion in shares. This buyback authorization permits the technology company to purchase up to 5.2% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s board believes its shares are undervalued.

Insider Transactions at Fair Isaac

In related news, Director Eva Manolis sold 520 shares of Fair Isaac stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $1,227.63, for a total transaction of $638,367.60. Following the completion of the transaction, the director directly owned 344 shares of the company’s stock, valued at $422,304.72. This trade represents a 60.19% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Joanna Rees sold 358 shares of Fair Isaac stock in a transaction dated 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 transaction, the director directly owned 11,204 shares of the company’s stock, valued at approximately $15,237,440. This trade represents a 3.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 3.02% of the company’s stock.

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.