Vanguard Group Inc. Purchases 35,091 Shares of Fair Isaac Corporation $FICO

Vanguard Group Inc. grew its position in Fair Isaac Corporation (NYSE:FICO) by 1.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,997,525 shares of the technology company’s stock after buying an additional 35,091 shares during the quarter. Vanguard Group Inc. owned 0.12% of Fair Isaac worth $5,479,356,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD grew its holdings in Fair Isaac by 0.4% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 823,574 shares of the technology company’s stock worth $1,518,803,000 after acquiring an additional 3,677 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Fair Isaac by 2.0% during the second quarter. Geode Capital Management LLC now owns 712,699 shares of the technology company’s stock valued at $1,299,727,000 after purchasing an additional 13,906 shares in the last quarter. American Century Companies Inc. increased its holdings in Fair Isaac by 4.7% during the first quarter. American Century Companies Inc. now owns 386,618 shares of the technology company’s stock valued at $712,985,000 after buying an additional 17,498 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Fair Isaac by 29.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 316,780 shares of the technology company’s stock valued at $584,193,000 after buying an additional 72,518 shares during the period. Finally, Kensico Capital Management Corp raised its stake in Fair Isaac by 1.8% in the first quarter. Kensico Capital Management Corp now owns 239,680 shares of the technology company’s stock worth $442,008,000 after buying an additional 4,200 shares in the last quarter. 85.75% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Fair Isaac

In other news, CEO William J. Lansing sold 2,400 shares of the business’s stock in a transaction on Monday, November 10th. The shares were sold at an average price of $1,732.88, for a total transaction of $4,158,912.00. Following the sale, the chief executive officer directly owned 10,933 shares of the company’s stock, valued at $18,945,577.04. The trade was a 18.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have sold 20,432 shares of company stock worth $32,252,997 in the last three months. Insiders own 3.46% of the company’s stock.

Fair Isaac Stock Performance

Shares of FICO stock opened at $1,724.84 on Wednesday. The firm has a market capitalization of $40.89 billion, a price-to-earnings ratio of 67.46, a PEG ratio of 1.63 and a beta of 1.34. The stock’s 50-day simple moving average is $1,639.77 and its 200-day simple moving average is $1,656.09. Fair Isaac Corporation has a fifty-two week low of $1,300.00 and a fifty-two week high of $2,400.00.

Fair Isaac (NYSE:FICO) last released its earnings results on Wednesday, November 5th. The technology company reported $7.74 EPS for the quarter, topping analysts’ consensus estimates of $7.36 by $0.38. The company had revenue of $515.75 million during the quarter, compared to analysts’ expectations of $512.38 million. Fair Isaac had a net margin of 32.80% and a negative return on equity of 48.88%. Fair Isaac’s revenue for the quarter was up 13.6% on a year-over-year basis. During the same period last year, the business earned $6.54 EPS. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. As a group, equities analysts forecast that Fair Isaac Corporation will post 24.15 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on FICO. JPMorgan Chase & Co. lifted their price target on Fair Isaac from $1,750.00 to $1,825.00 and gave the company a “neutral” rating in a report on Thursday, November 6th. Raymond James Financial dropped their price objective on Fair Isaac from $2,230.00 to $1,800.00 and set an “outperform” rating on the stock in a research report on Thursday, July 31st. Wells Fargo & Company boosted 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 report on Tuesday, October 14th. 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. Finally, Seaport Res Ptn upgraded shares of Fair Isaac to a “strong-buy” rating in a report on Wednesday, October 1st. Three 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, the company has a consensus rating of “Moderate Buy” and an average target price of $2,118.50.

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.