Pittenger & Anderson Inc. Purchases 196 Shares of Fair Isaac Corporation $FICO

Pittenger & Anderson Inc. lifted its position in Fair Isaac Corporation (NYSE:FICO) by 33.4% during the 2nd quarter, Holdings Channel reports. The firm owned 783 shares of the technology company’s stock after acquiring an additional 196 shares during the period. Pittenger & Anderson Inc.’s holdings in Fair Isaac were worth $1,431,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in FICO. Brighton Jones LLC grew 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 worth $958,000 after purchasing an additional 302 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of Fair Isaac by 55.6% in the first quarter. GAMMA Investing LLC now owns 140 shares of the technology company’s stock worth $258,000 after purchasing an additional 50 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Fair Isaac by 207.8% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 5,085 shares of the technology company’s stock worth $9,378,000 after purchasing an additional 3,433 shares during the last quarter. Kentucky Retirement Systems Insurance Trust Fund bought a new stake in Fair Isaac in the first quarter valued at $1,272,000. Finally, Oppenheimer Asset Management Inc. boosted its holdings in Fair Isaac by 12.5% in the first quarter. Oppenheimer Asset Management Inc. now owns 3,062 shares of the technology company’s stock valued at $5,647,000 after acquiring an additional 341 shares in the last quarter. Institutional investors own 85.75% of the company’s stock.

Fair Isaac Trading Down 3.2%

Shares of FICO stock opened at $1,568.85 on Wednesday. Fair Isaac Corporation has a 12 month low of $1,300.00 and a 12 month high of $2,402.51. The stock has a market cap of $37.66 billion, a PE ratio of 61.36, a price-to-earnings-growth ratio of 1.71 and a beta of 1.35. The company’s fifty day moving average price is $1,544.29 and its 200-day moving average price is $1,687.85.

Fair Isaac (NYSE:FICO) last announced its earnings results on Wednesday, July 30th. The technology company reported $8.57 EPS for the quarter, beating analysts’ consensus estimates of $7.75 by $0.82. Fair Isaac had a net margin of 32.80% and a negative return on equity of 48.88%. The firm had revenue of $536.42 million for the quarter, compared to analysts’ expectations of $520.40 million. During the same quarter in the previous year, the business posted $6.25 EPS. The company’s quarterly revenue was up 19.8% on a year-over-year basis. Fair Isaac has set its FY 2025 guidance at 29.150-29.150 EPS. On average, sell-side analysts forecast that Fair Isaac Corporation will post 24.15 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. Raymond James Financial cut their price target on shares of Fair Isaac from $2,230.00 to $1,800.00 and set an “outperform” rating on the stock in a report on Thursday, July 31st. Griffin Securities set a $1,800.00 price target on shares of Fair Isaac in a report on Monday, August 18th. Jefferies Financial Group reiterated a “buy” rating on shares of Fair Isaac in a report on Thursday, July 17th. Barclays lifted their price target on shares of Fair Isaac from $2,000.00 to $2,400.00 and gave the company an “overweight” rating in a report on Thursday, October 2nd. Finally, Oppenheimer cut shares of Fair Isaac from an “outperform” rating to a “market perform” rating in a report on Monday, October 13th. Three analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, Fair Isaac currently has an average rating of “Moderate Buy” and a consensus price target of $2,137.43.

Insider Activity at Fair Isaac

In other news, CEO William J. Lansing sold 4,942 shares of the business’s stock in a transaction on Tuesday, October 14th. The shares were sold at an average price of $1,631.34, for a total transaction of $8,062,082.28. Following the sale, the chief executive officer owned 43,207 shares in the company, valued at approximately $70,485,307.38. The trade was a 10.26% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In the last quarter, insiders have sold 18,032 shares of company stock worth $28,094,085. Insiders own 3.46% of the company’s stock.

Fair Isaac Company Profile

Fair Isaac Corporation develops analytic, software, and digital decisioning technologies and services that enable businesses to automate, enhance, and connect decisions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Scores and Software. The Software segment provides pre-configured analytic and decision management solution designed for various business needs or processes, such as account origination, customer management, customer engagement, fraud detection, financial crimes compliance, and marketing, as well as associated professional services.