GenTrust LLC Cuts Stock Position in Fair Isaac Corporation $FICO

GenTrust LLC lessened its stake in Fair Isaac Corporation (NYSE:FICO) by 16.0% in the 2nd quarter, Holdings Channel.com reports. The fund owned 163 shares of the technology company’s stock after selling 31 shares during the quarter. GenTrust LLC’s holdings in Fair Isaac were worth $298,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FICO. Brighton Jones LLC boosted its stake in Fair Isaac by 168.7% during the 4th 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 boosted its stake in Fair Isaac by 55.6% during the 1st 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. International Assets Investment Management LLC boosted its stake in Fair Isaac by 4.3% during the 1st quarter. International Assets Investment Management LLC now owns 194 shares of the technology company’s stock worth $358,000 after purchasing an additional 8 shares during the last quarter. Golden State Wealth Management LLC boosted its stake in Fair Isaac by 137.8% during the 1st quarter. Golden State Wealth Management LLC now owns 88 shares of the technology company’s stock worth $162,000 after purchasing an additional 51 shares during the last quarter. Finally, Perigon Wealth Management LLC boosted its stake in Fair Isaac by 26.2% during the 1st quarter. Perigon Wealth Management LLC now owns 164 shares of the technology company’s stock worth $302,000 after purchasing an additional 34 shares during the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Insider Buying and Selling

In other Fair Isaac news, CEO William J. Lansing sold 6,011 shares of the company’s stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $1,537.50, for a total value of $9,241,912.50. Following the transaction, the chief executive officer owned 42,138 shares of the company’s stock, valued at $64,787,175. This represents a 12.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders have sold a total of 18,032 shares of company stock valued at $28,094,085 over the last 90 days. Corporate insiders own 3.46% of the company’s stock.

Fair Isaac Trading Up 2.4%

Shares of FICO stock opened at $1,612.42 on Friday. The company’s 50-day moving average price is $1,554.99 and its 200-day moving average price is $1,686.42. The stock has a market cap of $38.70 billion, a price-to-earnings ratio of 63.06, a PEG ratio of 1.67 and a beta of 1.35. Fair Isaac Corporation has a twelve month low of $1,300.00 and a twelve month high of $2,402.51.

Fair Isaac (NYSE:FICO) last posted 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 company had revenue of $536.42 million for the quarter, compared to analysts’ expectations of $520.40 million. During the same quarter in the prior year, the company posted $6.25 earnings per share. Fair Isaac’s revenue for the quarter was up 19.8% compared to the same quarter last year. Fair Isaac has set its FY 2025 guidance at 29.150-29.150 EPS. As a group, equities research analysts predict that Fair Isaac Corporation will post 24.15 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Wells Fargo & Company lifted their target price on shares of Fair Isaac from $2,300.00 to $2,400.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 14th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Fair Isaac in a research note on Thursday, July 17th. Seaport Res Ptn raised shares of Fair Isaac to a “strong-buy” rating in a research report on Wednesday, October 1st. UBS Group boosted their price target on shares of Fair Isaac from $1,590.00 to $1,640.00 and gave the company a “neutral” rating in a research report on Monday, September 15th. Finally, Needham & Company LLC reissued a “buy” rating and set a $1,950.00 price target on shares of Fair Isaac in a research report on Thursday, October 2nd. Three investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $2,137.43.

About Fair Isaac

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.