AustralianSuper Pty Ltd Sells 25,880 Shares of Fair Isaac Corporation $FICO

AustralianSuper Pty Ltd lessened its holdings in shares of Fair Isaac Corporation (NYSE:FICO) by 23.5% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 84,434 shares of the technology company’s stock after selling 25,880 shares during the quarter. Fair Isaac makes up 0.8% of AustralianSuper Pty Ltd’s portfolio, making the stock its 27th biggest position. AustralianSuper Pty Ltd owned 0.35% of Fair Isaac worth $154,342,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FICO. Brighton Jones LLC grew its stake 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 purchasing an additional 302 shares during the period. GAMMA Investing LLC grew its stake in Fair Isaac by 55.6% in the first quarter. GAMMA Investing LLC now owns 140 shares of the technology company’s stock worth $258,000 after purchasing an additional 50 shares during the period. Golden State Wealth Management LLC grew its stake in Fair Isaac by 137.8% in the first quarter. Golden State Wealth Management LLC now owns 88 shares of the technology company’s stock worth $162,000 after purchasing an additional 51 shares during the period. Perigon Wealth Management LLC grew its stake in Fair Isaac by 26.2% in the first quarter. Perigon Wealth Management LLC now owns 164 shares of the technology company’s stock worth $302,000 after purchasing an additional 34 shares during the period. Finally, Sequoia Financial Advisors LLC grew its stake in Fair Isaac by 15.7% in the first quarter. Sequoia Financial Advisors LLC now owns 581 shares of the technology company’s stock worth $1,071,000 after purchasing an additional 79 shares during the period. Institutional investors own 85.75% of the company’s stock.

Fair Isaac Stock Performance

FICO stock opened at $1,664.53 on Monday. Fair Isaac Corporation has a fifty-two week low of $1,300.00 and a fifty-two week high of $2,402.51. The business’s 50-day moving average is $1,561.44 and its two-hundred day moving average is $1,685.38. The company has a market cap of $39.95 billion, a price-to-earnings ratio of 65.10, a P/E/G ratio of 1.73 and a beta of 1.35.

Fair Isaac (NYSE:FICO) last posted its earnings results on Wednesday, July 30th. The technology company reported $8.57 earnings per share for the quarter, beating analysts’ consensus estimates of $7.75 by $0.82. Fair Isaac had a negative return on equity of 48.88% and a net margin of 32.80%.The company had revenue of $536.42 million for the quarter, compared to the consensus estimate of $520.40 million. During the same quarter in the prior year, the company earned $6.25 earnings per share. Fair Isaac’s revenue was up 19.8% on a year-over-year basis. Fair Isaac has set its FY 2025 guidance at 29.150-29.150 EPS. Equities analysts predict that Fair Isaac Corporation will post 24.15 earnings per share for the current year.

Insider Activity at Fair Isaac

In other news, CEO William J. Lansing sold 6,011 shares of the firm’s stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $1,537.50, for a total value of $9,241,912.50. Following the transaction, the chief executive officer owned 42,138 shares of the company’s stock, valued at $64,787,175. This trade represents a 12.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold a total of 18,032 shares of company stock valued at $28,094,085 over the last 90 days. 3.46% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. Zacks Research raised Fair Isaac from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 7th. UBS Group increased their target price on Fair Isaac from $1,590.00 to $1,640.00 and gave the stock a “neutral” rating in a research note on Monday, September 15th. Barclays increased their target price on Fair Isaac from $2,000.00 to $2,400.00 and gave the stock an “overweight” rating in a research note on Thursday, October 2nd. Wells Fargo & Company increased their target price on Fair Isaac from $2,300.00 to $2,400.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 14th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of Fair Isaac in a research note on Thursday, July 17th. Three research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $2,137.43.

Fair Isaac 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.