Hsbc Holdings PLC Takes $50.45 Million Position in Fair Isaac Corporation $FICO

Hsbc Holdings PLC bought a new position in Fair Isaac Corporation (NYSE:FICO) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 42,291 shares of the technology company’s stock, valued at approximately $50,455,000.

A number of other large investors have also bought and sold shares of the business. Bayban bought a new position in Fair Isaac in the 4th quarter valued at $25,000. Torren Management LLC bought a new stake in shares of Fair Isaac during the fourth quarter worth $30,000. Rakuten Securities Inc. increased its stake in shares of Fair Isaac by 100.0% in the second quarter. Rakuten Securities Inc. now owns 24 shares of the technology company’s stock valued at $44,000 after buying an additional 12 shares in the last quarter. Elyxium Wealth LLC acquired a new stake in shares of Fair Isaac in the fourth quarter valued at $42,000. Finally, Keating Financial Advisory Services Inc. bought a new position in shares of Fair Isaac in the second quarter valued at about $30,000. 85.75% of the stock is currently owned by institutional investors.

Fair Isaac Stock Performance

Shares of Fair Isaac stock opened at $1,132.75 on Thursday. The firm has a fifty day moving average of $1,172.07 and a two-hundred day moving average of $1,177.39. The stock has a market capitalization of $24.47 billion, a price-to-earnings ratio of 32.72, a PEG ratio of 1.02 and a beta of 1.30. Fair Isaac Corporation has a 52 week low of $870.01 and a 52 week high of $1,998.01.

Fair Isaac (NYSE:FICO) last posted its quarterly earnings results on Wednesday, July 29th. The technology company reported $12.18 earnings per share for the quarter, beating analysts’ consensus estimates of $11.76 by $0.42. Fair Isaac had a negative return on equity of 32.51% and a net margin of 34.05%.The company had revenue of $674.19 million for the quarter, compared to the consensus estimate of $679.17 million. During the same quarter in the prior year, the business posted $8.57 EPS. The firm’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. As a group, research analysts forecast that Fair Isaac Corporation will post 37.37 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Needham & Company LLC reiterated a “buy” rating and set a $1,650.00 price target on shares of Fair Isaac in a research report on Thursday, July 30th. Raymond James Financial restated an “outperform” rating and issued a $1,750.00 price objective on shares of Fair Isaac in a research report on Wednesday, April 29th. UBS Group dropped their target price on shares of Fair Isaac from $1,200.00 to $1,130.00 and set a “neutral” rating for the company in a research note on Wednesday, August 12th. Wells Fargo & Company upped 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. Finally, Jefferies Financial Group set a $1,675.00 price target on shares of Fair Isaac in a report on Monday, August 3rd. Eleven equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,553.69.

Insider Buying and Selling

In other Fair Isaac 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 value of $1,353,800.00. Following the transaction, the director owned 498 shares of the company’s stock, valued at approximately $697,200. This represents a 66.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 3.02% 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.