Fair Isaac (NYSE:FICO) Shares Up 5.6% – Time to Buy?

Fair Isaac Corporation (NYSE:FICOGet Free Report) shares were up 5.6% during mid-day trading on Wednesday . The stock traded as high as $994.50 and last traded at $985.7680. Approximately 528,183 shares were traded during trading, an increase of 52% from the average session volume of 347,832 shares. The stock had previously closed at $933.30.

Wall Street Analyst Weigh In

FICO has been the topic of a number of analyst reports. Raymond James Financial reaffirmed an “outperform” rating on shares of Fair Isaac in a report on Wednesday. Needham & Company LLC restated a “buy” rating and issued a $1,650.00 target price on shares of Fair Isaac in a research report on Thursday, July 30th. Barclays cut their price target on Fair Isaac from $1,950.00 to $1,700.00 and set an “overweight” rating on the stock in a report on Monday, August 10th. Jefferies Financial Group set a $1,675.00 price objective on Fair Isaac in a research report on Monday, August 3rd. Finally, Royal Bank Of Canada decreased their price objective on Fair Isaac from $2,400.00 to $1,525.00 and set an “outperform” rating for the company in a report on Thursday, July 30th. Eleven research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $1,553.69.

Get Our Latest Report on FICO

Fair Isaac Price Performance

The firm has a market capitalization of $21.05 billion, a P/E ratio of 28.03, a PEG ratio of 0.89 and a beta of 1.32. The firm’s fifty day moving average price is $1,148.53 and its 200-day moving average price is $1,153.19.

Fair Isaac (NYSE:FICOGet Free Report) last announced its earnings results on Wednesday, July 29th. The technology company reported $12.18 EPS for the quarter, topping the consensus estimate of $11.76 by $0.42. The firm had revenue of $674.19 million for the quarter, compared to analysts’ expectations 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 quarterly revenue was up 25.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $8.57 earnings per share. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. Analysts expect that Fair Isaac Corporation will post 37.04 earnings per share for the current year.

Insider Activity at Fair Isaac

In other news, Director Eva Manolis sold 967 shares of the company’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $1,400.00, for a total value of $1,353,800.00. Following the completion of the sale, the director owned 498 shares in the company, valued at $697,200. This represents a 66.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 3.02% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of FICO. Capstone Financial Advisors Inc. bought a new stake in Fair Isaac in the second quarter worth about $208,000. Sequoia Financial Advisors LLC boosted its position in shares of Fair Isaac by 15.4% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 1,089 shares of the technology company’s stock valued at $1,301,000 after purchasing an additional 145 shares in the last quarter. National Pension Service grew its stake in shares of Fair Isaac by 14.0% in the 2nd quarter. National Pension Service now owns 42,022 shares of the technology company’s stock worth $50,207,000 after purchasing an additional 5,147 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC acquired a new position in shares of Fair Isaac in the 2nd quarter worth approximately $215,000. Finally, RFG Advisory LLC bought a new stake in shares of Fair Isaac in the 2nd quarter worth approximately $382,000. 85.75% of the stock is owned by institutional investors and hedge funds.

About Fair Isaac

(Get Free Report)

Fair Isaac Corp. (NYSE:FICO), commonly known as FICO, is an analytics and decision-management software company best known for developing the FICO Score. The company’s scoring and predictive analytics products help lenders and other businesses evaluate credit risk, manage customer relationships and make data-driven decisions.

FICO provides software and services for a range of industries, including banking, insurance, telecommunications, retail and government. Its offerings include credit scoring solutions, fraud detection and prevention tools, customer engagement platforms, marketing analytics, and decision automation software designed to help organizations manage risk and improve operational efficiency.

The company was founded in 1956 by Bill Fair and Earl Isaac and originally operated as Fair, Isaac and Company.

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