56,713 Shares in Fair Isaac Corporation $FICO Bought by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Fair Isaac Corporation (NYSE:FICOFree Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 56,713 shares of the technology company’s stock, valued at approximately $67,760,000. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.26% of Fair Isaac at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Brighton Jones LLC raised its holdings in shares of Fair Isaac by 168.7% in the fourth quarter. Brighton Jones LLC now owns 481 shares of the technology company’s stock valued at $958,000 after purchasing an additional 302 shares during the last quarter. Great Lakes Advisors LLC boosted its holdings in Fair Isaac by 5.7% during the first quarter. Great Lakes Advisors LLC now owns 112 shares of the technology company’s stock worth $207,000 after purchasing an additional 6 shares during the last quarter. Woodline Partners LP grew its position in Fair Isaac by 46.1% in the 1st quarter. Woodline Partners LP now owns 2,138 shares of the technology company’s stock worth $3,943,000 after purchasing an additional 675 shares in the last quarter. Treasurer of the State of North Carolina grew its position in Fair Isaac by 18.0% in the 2nd quarter. Treasurer of the State of North Carolina now owns 14,037 shares of the technology company’s stock worth $25,659,000 after purchasing an additional 2,146 shares in the last quarter. Finally, Alliancebernstein L.P. increased its stake in Fair Isaac by 16.1% in the 2nd quarter. Alliancebernstein L.P. now owns 211,947 shares of the technology company’s stock valued at $387,431,000 after buying an additional 29,408 shares during the last quarter. 85.75% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

FICO has been the topic of several recent analyst reports. Wells Fargo & Company lifted their target price on shares of Fair Isaac from $1,400.00 to $1,450.00 and gave the stock an “overweight” rating in a research report on Thursday, July 30th. JPMorgan Chase & Co. decreased their price target on Fair Isaac from $1,325.00 to $1,225.00 and set a “neutral” rating on the stock in a research report on Thursday, April 30th. Needham & Company LLC reissued a “buy” rating and issued a $1,650.00 price target on shares of Fair Isaac in a report on Thursday, July 30th. Jefferies Financial Group set a $1,675.00 price objective on shares of Fair Isaac in a research report on Monday, August 3rd. Finally, UBS Group decreased their target price on shares of Fair Isaac from $1,200.00 to $1,130.00 and set a “neutral” rating on the stock in a report on Wednesday, August 12th. Eleven equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Fair Isaac presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,553.69.

Check Out Our Latest Research Report on Fair Isaac

Insider Activity

In other news, Director Eva Manolis sold 967 shares of the stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $1,400.00, for a total transaction of $1,353,800.00. Following the transaction, the director directly owned 498 shares in the company, valued at approximately $697,200. This represents a 66.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 3.02% of the company’s stock.

Fair Isaac Price Performance

FICO stock opened at $1,160.59 on Thursday. The firm has a 50 day simple moving average of $1,174.01 and a two-hundred day simple moving average of $1,185.97. The stock has a market cap of $25.07 billion, a PE ratio of 33.52, a P/E/G ratio of 0.97 and a beta of 1.30. Fair Isaac Corporation has a one year low of $870.01 and a one year high of $1,998.01.

Fair Isaac (NYSE:FICOGet Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The technology company reported $12.18 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $674.19 million for the quarter, compared to analysts’ expectations of $679.17 million. During the same quarter last year, the company posted $8.57 EPS. The business’s quarterly revenue was up 25.7% on a year-over-year basis. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. On average, research analysts expect that Fair Isaac Corporation will post 37.37 EPS for the current fiscal year.

Fair Isaac Profile

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding FICO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fair Isaac Corporation (NYSE:FICOFree Report).

Institutional Ownership by Quarter for Fair Isaac (NYSE:FICO)

Receive News & Ratings for Fair Isaac Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fair Isaac and related companies with MarketBeat.com's FREE daily email newsletter.