Meridian Wealth Management LLC Has $1.07 Million Holdings in Fair Isaac Corporation $FICO

Meridian Wealth Management LLC decreased its position in shares of Fair Isaac Corporation (NYSE:FICO) by 12.7% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 584 shares of the technology company’s stock after selling 85 shares during the period. Meridian Wealth Management LLC’s holdings in Fair Isaac were worth $1,068,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of FICO. Brighton Jones LLC grew its position in Fair Isaac by 168.7% during the 4th quarter. Brighton Jones LLC now owns 481 shares of the technology company’s stock worth $958,000 after acquiring an additional 302 shares during the last quarter. CWM LLC increased its stake in shares of Fair Isaac by 10.4% in the first quarter. CWM LLC now owns 667 shares of the technology company’s stock valued at $1,230,000 after buying an additional 63 shares in the last quarter. Morse Asset Management Inc raised its holdings in shares of Fair Isaac by 41.6% in the first quarter. Morse Asset Management Inc now owns 606 shares of the technology company’s stock valued at $1,118,000 after buying an additional 178 shares during the last quarter. Optimist Retirement Group LLC lifted its position in Fair Isaac by 27.4% during the 1st quarter. Optimist Retirement Group LLC now owns 158 shares of the technology company’s stock worth $291,000 after buying an additional 34 shares in the last quarter. Finally, Lindbrook Capital LLC grew its holdings in Fair Isaac by 16.9% during the 1st quarter. Lindbrook Capital LLC now owns 90 shares of the technology company’s stock worth $166,000 after acquiring an additional 13 shares during the last quarter. Institutional investors own 85.75% of the company’s stock.

Fair Isaac Trading Up 0.3%

FICO opened at $1,742.98 on Monday. The stock has a market capitalization of $41.32 billion, a P/E ratio of 68.17, a P/E/G ratio of 1.63 and a beta of 1.34. The firm’s fifty day simple moving average is $1,631.72 and its 200 day simple moving average is $1,660.10. Fair Isaac Corporation has a 12 month low of $1,300.00 and a 12 month high of $2,400.00.

Fair Isaac (NYSE:FICO) last released its earnings results on Wednesday, November 5th. The technology company reported $7.74 EPS for the quarter, beating the consensus estimate of $7.36 by $0.38. Fair Isaac had a negative return on equity of 48.88% and a net margin of 32.80%.The firm had revenue of $515.75 million for the quarter, compared to analysts’ expectations of $512.38 million. During the same quarter in the previous year, the business posted $6.54 EPS. The business’s quarterly revenue was up 13.6% compared to the same quarter last year. 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 fiscal year.

Insider Buying and Selling

In related news, CEO William J. Lansing sold 6,011 shares of the firm’s stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $1,537.50, for a total value of $9,241,912.50. Following the completion of the transaction, the chief executive officer owned 42,138 shares of the company’s stock, valued at approximately $64,787,175. This trade represents a 12.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold a total of 20,432 shares of company stock worth $32,252,997 in the last ninety days. Corporate insiders own 3.46% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on FICO shares. Robert W. Baird upped their price objective on Fair Isaac from $1,900.00 to $1,960.00 and gave the stock an “outperform” rating in a report on Thursday, November 6th. Weiss Ratings reissued a “hold (c+)” rating on shares of Fair Isaac in a report on Thursday. Griffin Securities set a $1,800.00 target price on shares of Fair Isaac in a research note on Monday, August 18th. Zacks Research raised shares of Fair Isaac from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 7th. Finally, Seaport Res Ptn raised shares of Fair Isaac to a “strong-buy” rating in a report on Wednesday, October 1st. Three investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, Fair Isaac has a consensus rating of “Moderate Buy” and a consensus price target of $2,118.50.

Fair Isaac Company 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.