Man Group plc bought a new position in Fair Isaac Corporation (NYSE:FICO – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 6,653 shares of the technology company’s stock, valued at approximately $7,949,000.
A number of other large investors have also added to or reduced their stakes in FICO. Bayban purchased a new stake in Fair Isaac during the 4th quarter valued at $25,000. Western Wealth Management LLC purchased a new position in shares of Fair Isaac in the 1st quarter worth $29,000. Torren Management LLC bought a new stake in shares of Fair Isaac in the fourth quarter worth $30,000. Keating Financial Advisory Services Inc. bought a new stake in shares of Fair Isaac in the second quarter worth $30,000. Finally, Elyxium Wealth LLC purchased a new stake in Fair Isaac during the fourth quarter valued at $42,000. Institutional investors own 85.75% of the company’s stock.
Analysts Set New Price Targets
A number of research analysts have weighed in on the company. UBS Group lowered their target price on 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. Barclays cut their price target on Fair Isaac from $1,950.00 to $1,700.00 and set an “overweight” rating for the company in a research note on Monday, August 10th. Jefferies Financial Group set a $1,675.00 price target on shares of Fair Isaac in a research report on Monday, August 3rd. Needham & Company LLC reiterated a “buy” rating and issued a $1,650.00 price objective on shares of Fair Isaac in a research note on Thursday, July 30th. Finally, Royal Bank Of Canada dropped their price objective on shares of Fair Isaac from $2,400.00 to $1,525.00 and set an “outperform” rating on the stock in a report on Thursday, July 30th. Eleven research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $1,553.69.
Insider Transactions at Fair Isaac
In related news, Director Eva Manolis sold 967 shares of the stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $1,400.00, for a total value of $1,353,800.00. Following the completion of the sale, the director directly owned 498 shares of the company’s stock, valued at approximately $697,200. This represents a 66.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 3.02% of the company’s stock.
Fair Isaac Stock Performance
NYSE FICO opened at $1,154.38 on Friday. The business’s fifty day moving average is $1,174.41 and its 200 day moving average is $1,175.59. Fair Isaac Corporation has a fifty-two week low of $870.01 and a fifty-two week high of $1,998.01. The company has a market capitalization of $24.93 billion, a PE ratio of 33.34, a price-to-earnings-growth ratio of 1.04 and a beta of 1.30.
Fair Isaac (NYSE:FICO – Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The technology company reported $12.18 EPS for the quarter, topping 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 business had revenue of $674.19 million during the quarter, compared to analysts’ expectations of $679.17 million. During the same quarter in the prior year, the business posted $8.57 earnings per share. 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, sell-side analysts forecast that Fair Isaac Corporation will post 37.37 EPS for the current year.
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.
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