Handelsbanken Fonder AB Sells 1,034 Shares of Fair Isaac Corporation $FICO

Handelsbanken Fonder AB trimmed its holdings in shares of Fair Isaac Corporation (NYSE:FICO) by 12.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,989 shares of the technology company’s stock after selling 1,034 shares during the quarter. Handelsbanken Fonder AB’s holdings in Fair Isaac were worth $8,350,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Bayban bought a new stake in Fair Isaac during the 4th quarter valued at $25,000. Physician Wealth Advisors Inc. raised its position in shares of Fair Isaac by 166.7% in the 4th quarter. Physician Wealth Advisors Inc. now owns 16 shares of the technology company’s stock worth $27,000 after acquiring an additional 10 shares in the last quarter. Torren Management LLC purchased a new stake in shares of Fair Isaac during the 4th quarter worth $30,000. Rakuten Securities Inc. boosted its position in Fair Isaac by 100.0% during the second quarter. Rakuten Securities Inc. now owns 24 shares of the technology company’s stock valued at $44,000 after purchasing an additional 12 shares in the last quarter. Finally, Elyxium Wealth LLC purchased a new position in Fair Isaac in the fourth quarter valued at about $42,000. Institutional investors own 85.75% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on FICO. Wells Fargo & Company increased their price target on shares of Fair Isaac from $1,400.00 to $1,450.00 and gave the company an “overweight” rating in a research report on Thursday, July 30th. Jefferies Financial Group set a $1,675.00 target price on shares of Fair Isaac in a research report on Monday, August 3rd. Robert W. Baird set a $1,549.00 price target on shares of Fair Isaac in a report on Wednesday, April 29th. Royal Bank Of Canada reduced their target price on Fair Isaac from $2,400.00 to $1,525.00 and set an “outperform” rating on the stock in a research report on Thursday, July 30th. Finally, Wall Street Zen lowered Fair Isaac from a “buy” rating to a “hold” rating in a research note on Sunday, June 28th. Eleven equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $1,571.29.

Fair Isaac Trading Up 6.1%

Shares of NYSE:FICO opened at $1,107.66 on Friday. Fair Isaac Corporation has a twelve month low of $870.01 and a twelve month high of $1,998.01. The company has a market cap of $23.93 billion, a PE ratio of 31.99, a price-to-earnings-growth ratio of 0.94 and a beta of 1.30. The company’s 50 day moving average is $1,182.20 and its 200 day moving average is $1,198.18.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings results on Wednesday, July 29th. The technology company reported $12.18 earnings per share for the quarter, topping the consensus estimate of $11.76 by $0.42. The company had revenue of $674.19 million for the quarter, compared to the consensus estimate of $679.17 million. Fair Isaac had a negative return on equity of 32.51% and a net margin of 34.05%.The firm’s revenue for the quarter was up 25.7% compared to the same quarter last year. During the same period last year, the firm earned $8.57 EPS. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. Equities research analysts predict that Fair Isaac Corporation will post 37.37 earnings per share for the current fiscal year.

Insider Buying and Selling at Fair Isaac

In other Fair Isaac news, Director Eva Manolis sold 967 shares of the company’s stock in a transaction dated 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 transaction, the director owned 498 shares in the company, valued at approximately $697,200. This represents a 66.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 3.02% of the company’s stock.

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.