Fair Isaac Corporation $FICO Shares Bought by Roundview Capital LLC

Roundview Capital LLC raised its holdings in Fair Isaac Corporation (NYSE:FICO) by 7.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,709 shares of the technology company’s stock after purchasing an additional 182 shares during the quarter. Roundview Capital LLC’s holdings in Fair Isaac were worth $4,952,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Geo Capital Gestora de Recursos Ltd acquired a new position in Fair Isaac in the first quarter valued at $28,000. ORG Partners LLC acquired a new position in Fair Isaac in the second quarter valued at $27,000. Hilltop National Bank acquired a new position in Fair Isaac in the second quarter valued at $27,000. N.E.W. Advisory Services LLC acquired a new position in Fair Isaac in the first quarter valued at $30,000. Finally, Meeder Asset Management Inc. increased its stake in shares of Fair Isaac by 41.7% during the first quarter. Meeder Asset Management Inc. now owns 17 shares of the technology company’s stock worth $31,000 after acquiring an additional 5 shares during the period. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Fair Isaac news, CEO William J. Lansing sold 6,011 shares of the company’s stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $1,537.50, for a total transaction of $9,241,912.50. Following the transaction, the chief executive officer directly owned 42,138 shares in the company, valued at approximately $64,787,175. This represents a 12.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 3.46% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. Seaport Res Ptn upgraded shares of Fair Isaac to a “strong-buy” rating in a research note on Wednesday, October 1st. Raymond James Financial dropped their price target on shares of Fair Isaac from $2,230.00 to $1,800.00 and set an “outperform” rating on the stock in a research note on Thursday, July 31st. UBS Group boosted their price target on shares of 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. BMO Capital Markets boosted their price target on shares of Fair Isaac from $1,650.00 to $1,800.00 and gave the stock an “outperform” rating in a research note on Monday, August 18th. Finally, Oppenheimer dropped their price target on shares of Fair Isaac from $2,300.00 to $1,953.00 and set an “outperform” rating on the stock in a research note on Thursday, July 31st. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, Fair Isaac presently has an average rating of “Moderate Buy” and an average price target of $2,130.29.

Fair Isaac Trading Down 0.0%

Shares of FICO opened at $1,849.87 on Tuesday. The firm’s 50-day moving average is $1,482.81 and its two-hundred day moving average is $1,700.97. Fair Isaac Corporation has a twelve month low of $1,300.00 and a twelve month high of $2,402.51. The firm has a market capitalization of $44.40 billion, a P/E ratio of 72.35, a PEG ratio of 2.14 and a beta of 1.35.

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

Fair Isaac announced that its Board of Directors has initiated a stock repurchase plan on Thursday, June 19th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the technology company to buy up to 2.3% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board of directors believes its shares are undervalued.

About Fair Isaac

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.