Keeler Thomas Management LLC Takes $1.16 Million Position in Fair Isaac Corporation $FICO

Keeler Thomas Management LLC purchased a new stake in Fair Isaac Corporation (NYSE:FICO) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 636 shares of the technology company’s stock, valued at approximately $1,163,000.

Several other large investors have also modified their holdings of FICO. Brighton Jones LLC grew its position in shares of Fair Isaac by 168.7% in the fourth quarter. Brighton Jones LLC now owns 481 shares of the technology company’s stock valued at $958,000 after purchasing an additional 302 shares during the last quarter. GAMMA Investing LLC grew its position in shares of Fair Isaac by 55.6% in the first quarter. GAMMA Investing LLC now owns 140 shares of the technology company’s stock valued at $258,000 after purchasing an additional 50 shares during the last quarter. International Assets Investment Management LLC grew its position in shares of Fair Isaac by 4.3% in the first quarter. International Assets Investment Management LLC now owns 194 shares of the technology company’s stock valued at $358,000 after purchasing an additional 8 shares during the last quarter. Golden State Wealth Management LLC boosted its position in Fair Isaac by 137.8% during the first quarter. Golden State Wealth Management LLC now owns 88 shares of the technology company’s stock worth $162,000 after acquiring an additional 51 shares during the last quarter. Finally, Perigon Wealth Management LLC boosted its position in Fair Isaac by 26.2% during the first quarter. Perigon Wealth Management LLC now owns 164 shares of the technology company’s stock worth $302,000 after acquiring an additional 34 shares during the last quarter. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Fair Isaac

In related news, CEO William J. Lansing sold 4,942 shares of Fair Isaac stock in a transaction on Tuesday, October 14th. The shares were sold at an average price of $1,631.34, for a total transaction of $8,062,082.28. Following the sale, the chief executive officer owned 43,207 shares of the company’s stock, valued at $70,485,307.38. The trade was a 10.26% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Over the last quarter, insiders have sold 18,032 shares of company stock worth $28,094,085. Insiders own 3.46% of the company’s stock.

Analyst Ratings Changes

FICO has been the topic of a number of analyst reports. BMO Capital Markets raised their target price on shares of Fair Isaac from $1,650.00 to $1,800.00 and gave the stock an “outperform” rating in a research report on Monday, August 18th. Barclays raised their target price on shares of Fair Isaac from $2,000.00 to $2,400.00 and gave the stock an “overweight” rating in a research report on Thursday, October 2nd. Zacks Research upgraded shares of Fair Isaac from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 7th. Wells Fargo & Company lifted their price target on shares of Fair Isaac from $2,300.00 to $2,400.00 and gave the company an “overweight” rating in a report on Tuesday, October 14th. Finally, Raymond James Financial decreased 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 report on Thursday, July 31st. Three analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $2,137.43.

Fair Isaac Trading Up 3.0%

Shares of FICO stock opened at $1,664.53 on Friday. The company’s fifty day simple moving average is $1,561.44 and its 200-day simple moving average is $1,686.38. Fair Isaac Corporation has a 52 week low of $1,300.00 and a 52 week high of $2,402.51. The company has a market cap of $39.96 billion, a PE ratio of 65.10, a P/E/G ratio of 1.68 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 EPS for the quarter, beating analysts’ consensus estimates 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 business had revenue of $536.42 million for the quarter, compared to the consensus estimate of $520.40 million. During the same quarter last year, the firm posted $6.25 EPS. The business’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. Equities research analysts expect that Fair Isaac Corporation will post 24.15 EPS for the current fiscal year.

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.