Sterling Capital Management LLC Sells 673 Shares of Fair Isaac Corporation $FICO

Sterling Capital Management LLC trimmed its position in shares of Fair Isaac Corporation (NYSE:FICO) by 42.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 926 shares of the technology company’s stock after selling 673 shares during the period. Sterling Capital Management LLC’s holdings in Fair Isaac were worth $989,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of FICO. Brighton Jones LLC lifted its position in 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 buying an additional 302 shares during the last quarter. Great Lakes Advisors LLC raised its stake in shares of Fair Isaac by 5.7% in the first quarter. Great Lakes Advisors LLC now owns 112 shares of the technology company’s stock valued at $207,000 after acquiring an additional 6 shares during the period. Woodline Partners LP lifted its holdings in shares of Fair Isaac by 46.1% in the 1st quarter. Woodline Partners LP now owns 2,138 shares of the technology company’s stock worth $3,943,000 after acquiring an additional 675 shares during the last quarter. Treasurer of the State of North Carolina boosted its stake in shares of Fair Isaac by 18.0% during the 2nd quarter. Treasurer of the State of North Carolina now owns 14,037 shares of the technology company’s stock worth $25,659,000 after purchasing an additional 2,146 shares during the period. Finally, Alliancebernstein L.P. boosted its stake in shares of Fair Isaac by 16.1% during the 2nd quarter. Alliancebernstein L.P. now owns 211,947 shares of the technology company’s stock worth $387,431,000 after purchasing an additional 29,408 shares during the period. 85.75% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts have issued reports on FICO shares. The Goldman Sachs Group decreased their price objective on shares of Fair Isaac from $1,770.00 to $1,528.00 and set a “buy” rating for the company in a research note on Thursday, April 2nd. Jefferies Financial Group cut their target price on Fair Isaac from $1,800.00 to $1,700.00 and set a “buy” rating on the stock in a research note on Monday, May 4th. Wall Street Zen downgraded Fair Isaac from a “buy” rating to a “hold” rating in a report on Sunday. Weiss Ratings lowered Fair Isaac from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, June 24th. Finally, Bank of America dropped their price objective on Fair Isaac from $1,550.00 to $1,400.00 and set a “buy” rating for the company in a report on Tuesday, May 19th. Ten analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Fair Isaac presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,626.50.

Fair Isaac Stock Performance

FICO stock opened at $1,198.26 on Wednesday. Fair Isaac Corporation has a one year low of $870.01 and a one year high of $1,998.01. The firm has a market cap of $27.79 billion, a price-to-earnings ratio of 37.96, a PEG ratio of 1.04 and a beta of 1.28. The firm has a 50-day simple moving average of $1,142.31 and a two-hundred day simple moving average of $1,306.08.

Fair Isaac (NYSE:FICO) last posted its quarterly earnings data on Tuesday, April 28th. The technology company reported $12.50 earnings per share for the quarter, topping analysts’ consensus estimates of $11.03 by $1.47. The firm had revenue of $691.68 million during the quarter, compared to analysts’ expectations of $630.21 million. Fair Isaac had a negative return on equity of 41.04% and a net margin of 33.67%.The business’s quarterly revenue was up 38.7% on a year-over-year basis. During the same quarter last year, the firm earned $7.81 EPS. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. As a group, equities analysts predict that Fair Isaac Corporation will post 38.06 earnings per share for the current fiscal year.

Fair Isaac Company Profile

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.