Geode Capital Management LLC Raises Stake in Fair Isaac Corporation $FICO

Geode Capital Management LLC increased its holdings in Fair Isaac Corporation (NYSE:FICO) by 2.0% in the second quarter, Holdings Channel.com reports. The firm owned 712,699 shares of the technology company’s stock after acquiring an additional 13,906 shares during the period. Geode Capital Management LLC’s holdings in Fair Isaac were worth $1,299,727,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in FICO. Westside Investment Management Inc. bought a new stake in Fair Isaac in the second quarter worth $26,000. ORG Partners LLC purchased a new position in shares of Fair Isaac in the second quarter worth about $27,000. Hilltop National Bank bought a new stake in shares of Fair Isaac in the 2nd quarter valued at about $27,000. Geo Capital Gestora de Recursos Ltd purchased a new stake in Fair Isaac during the 1st quarter valued at about $28,000. Finally, N.E.W. Advisory Services LLC purchased a new stake in Fair Isaac during the 1st quarter valued at about $30,000. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Insider Buying and Selling

In other Fair Isaac news, CEO William J. Lansing sold 2,400 shares of the business’s stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $1,732.88, for a total value of $4,158,912.00. Following the completion of the transaction, the chief executive officer owned 10,933 shares of the company’s stock, valued at approximately $18,945,577.04. The trade was a 18.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last ninety days, insiders sold 20,432 shares of company stock valued at $32,252,997. 3.46% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. JPMorgan Chase & Co. lifted their price target on Fair Isaac from $1,750.00 to $1,825.00 and gave the stock a “neutral” rating in a research note on Thursday, November 6th. Zacks Research upgraded shares of Fair Isaac from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 7th. Jefferies Financial Group lowered their price target on shares of Fair Isaac from $2,150.00 to $2,100.00 and set a “buy” rating for the company in a report on Thursday, November 6th. Barclays raised their price target on shares of Fair Isaac from $2,000.00 to $2,400.00 and gave the stock an “overweight” rating in a report on Thursday, October 2nd. Finally, Raymond James Financial lowered their price objective on shares of Fair Isaac from $2,230.00 to $1,800.00 and set an “outperform” rating for the company in a research note on Thursday, July 31st. Three research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $2,118.50.

Fair Isaac Stock Performance

NYSE:FICO opened at $1,777.68 on Thursday. The firm has a market cap of $42.15 billion, a P/E ratio of 69.52, a P/E/G ratio of 1.63 and a beta of 1.34. The firm has a 50-day simple moving average of $1,623.16 and a two-hundred day simple moving average of $1,665.28. Fair Isaac Corporation has a fifty-two week low of $1,300.00 and a fifty-two week high of $2,402.51.

Fair Isaac (NYSE:FICO) last released its quarterly earnings data on Wednesday, November 5th. The technology company reported $7.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.36 by $0.38. The business had revenue of $515.75 million for the quarter, compared to analysts’ expectations of $512.38 million. Fair Isaac had a negative return on equity of 48.88% and a net margin of 32.80%.The firm’s quarterly revenue was up 13.6% on a year-over-year basis. During the same period in the prior year, the firm posted $6.54 EPS. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. On average, equities research analysts predict that Fair Isaac Corporation will post 24.15 EPS for the current year.

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.