T3 Companies LLC Acquires New Shares in Fair Isaac Corporation $FICO

T3 Companies LLC acquired a new stake in Fair Isaac Corporation (NYSE:FICO) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 2,407 shares of the technology company’s stock, valued at approximately $1,426,000. Fair Isaac comprises 1.4% of T3 Companies LLC’s holdings, making the stock its 17th biggest position.

Other large investors have also added to or reduced their stakes in the company. Keating Financial Advisory Services Inc. bought a new stake in Fair Isaac during the 2nd quarter worth approximately $30,000. Western Wealth Management LLC bought a new position in shares of Fair Isaac during the first quarter valued at $29,000. Versant Capital Management Inc raised its stake in shares of Fair Isaac by 120.0% during the second quarter. Versant Capital Management Inc now owns 44 shares of the technology company’s stock valued at $53,000 after acquiring an additional 24 shares during the last quarter. Clearstead Trust LLC acquired a new position in shares of Fair Isaac during the second quarter worth $100,000. Finally, Eastern Bank lifted its holdings in shares of Fair Isaac by 177.1% during the second quarter. Eastern Bank now owns 97 shares of the technology company’s stock worth $116,000 after purchasing an additional 62 shares during the period. Institutional investors own 85.75% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on FICO shares. Royal Bank Of Canada reduced their price objective on shares of Fair Isaac from $1,525.00 to $1,045.00 and set an “outperform” rating on the stock in a research note on Friday, October 16th. Weiss Ratings raised Fair Isaac from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, October 9th. Mizuho cut their target price on Fair Isaac from $1,344.00 to $1,063.00 and set an “outperform” rating on the stock in a report on Monday. Credit Suisse Group set a $1,150.00 target price on Fair Isaac in a report on Wednesday, September 30th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Fair Isaac in a research report on Tuesday, September 29th. Ten equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Fair Isaac presently has an average rating of “Moderate Buy” and an average target price of $1,095.94.

Insider Buying and Selling

In other Fair Isaac news, Director Eva Manolis sold 967 shares of Fair Isaac stock in a transaction that occurred 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 directly owned 498 shares in the company, valued at approximately $697,200. The trade was a 66.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.02% of the stock is owned by corporate insiders.

Fair Isaac Stock Up 3.5%

FICO opened at $823.24 on Friday. Fair Isaac Corporation has a twelve month low of $586.05 and a twelve month high of $1,858.91. The company has a fifty day moving average of $914.58 and a 200-day moving average of $1,067.01. The stock has a market cap of $17.78 billion, a PE ratio of 23.78, a price-to-earnings-growth ratio of 0.94 and a beta of 1.35.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings results on Wednesday, July 29th. The technology company reported $12.18 EPS for the quarter, beating analysts’ consensus estimates of $11.76 by $0.42. Fair Isaac had a net margin of 34.05% and a negative return on equity of 32.51%. The business had revenue of $674.19 million for the quarter, compared to analysts’ expectations of $679.17 million. During the same quarter in the prior year, the firm posted $8.57 earnings per share. The business’s quarterly revenue was up 25.7% compared to the same quarter last year. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. Sell-side analysts anticipate that Fair Isaac Corporation will post 36.66 EPS for the current fiscal year.

About Fair Isaac

Fair Isaac Corporation, commonly known as FICO, develops analytics and decision-management software used by businesses to assess risk, detect fraud and make customer-related decisions. The company is best known for the FICO Score, a credit-risk scoring system used by lenders and other financial institutions to evaluate consumer creditworthiness.

FICO’s offerings include credit scoring solutions, decisioning platforms, fraud-detection tools, customer management software and predictive analytics.