GCQ FUNDS MANAGEMENT PTY Ltd Takes $56.72 Million Position in Fair Isaac Corporation $FICO

GCQ FUNDS MANAGEMENT PTY Ltd bought a new stake in Fair Isaac Corporation (NYSE:FICO) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 47,472 shares of the technology company’s stock, valued at approximately $56,719,000. Fair Isaac makes up 7.9% of GCQ FUNDS MANAGEMENT PTY Ltd’s holdings, making the stock its 8th biggest position. GCQ FUNDS MANAGEMENT PTY Ltd owned about 0.22% of Fair Isaac as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. grew its position in shares of Fair Isaac by 480,776.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,327,664 shares of the technology company’s stock valued at $5,625,815,000 after acquiring an additional 3,326,972 shares during the period. BlackRock Inc. bought a new stake in shares of Fair Isaac in the 2nd quarter valued at about $2,491,517,000. Capital World Investors raised its holdings in shares of Fair Isaac by 10.7% in the 4th quarter. Capital World Investors now owns 894,593 shares of the technology company’s stock valued at $1,512,417,000 after purchasing an additional 86,200 shares during the period. Geode Capital Management LLC lifted its stake in Fair Isaac by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 719,120 shares of the technology company’s stock valued at $1,213,620,000 after purchasing an additional 8,886 shares during the last quarter. Finally, Morgan Stanley lifted its stake in Fair Isaac by 2.3% in the 4th quarter. Morgan Stanley now owns 499,836 shares of the technology company’s stock valued at $845,037,000 after purchasing an additional 11,363 shares during the last quarter. 85.75% of the stock is owned by institutional investors.

Analysts Set New Price Targets

FICO has been the topic of a number of recent analyst reports. Robert W. Baird set a $1,549.00 price target on Fair Isaac in a research report on Wednesday, April 29th. Jefferies Financial Group set a $1,675.00 target price on Fair Isaac in a research note on Monday, August 3rd. UBS Group decreased their target price on Fair Isaac from $1,200.00 to $1,130.00 and set a “neutral” rating on the stock in a report on Wednesday, August 12th. Needham & Company LLC restated a “buy” rating and issued a $1,650.00 price target on shares of Fair Isaac in a research note on Thursday, July 30th. Finally, Barclays cut their price target on Fair Isaac from $1,950.00 to $1,700.00 and set an “overweight” rating for the company in a report on Monday, August 10th. Eleven analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $1,553.69.

Insider Transactions at Fair Isaac

In other Fair Isaac 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 transaction, the director directly owned 498 shares of the company’s stock, valued at $697,200. This represents a 66.01% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.02% of the stock is owned by company insiders.

Fair Isaac Stock Up 2.1%

Shares of FICO stock opened at $1,174.20 on Friday. Fair Isaac Corporation has a 12-month low of $870.01 and a 12-month high of $1,998.01. The company has a market capitalization of $25.36 billion, a PE ratio of 33.92, a price-to-earnings-growth ratio of 1.03 and a beta of 1.30. The firm has a 50 day moving average price of $1,173.21 and a two-hundred day moving average price of $1,183.68.

Fair Isaac (NYSE:FICO) last posted its earnings results on Wednesday, July 29th. The technology company reported $12.18 EPS for the quarter, beating 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% on a year-over-year basis. During the same quarter in the prior year, the business earned $8.57 earnings per share. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. As a group, research analysts expect that Fair Isaac Corporation will post 37.37 EPS for the current year.

Fair Isaac Company Profile

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.