Mutual of America Capital Management LLC Has $5.10 Million Holdings in Fair Isaac Corporation $FICO

Mutual of America Capital Management LLC lessened its stake in Fair Isaac Corporation (NYSE:FICO) by 1.7% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,790 shares of the technology company’s stock after selling 48 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Fair Isaac were worth $5,100,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of FICO. Brighton Jones LLC raised its stake in Fair Isaac by 168.7% during the fourth quarter. Brighton Jones LLC now owns 481 shares of the technology company’s stock worth $958,000 after acquiring an additional 302 shares in the last quarter. GAMMA Investing LLC raised its stake in Fair Isaac by 55.6% during the first quarter. GAMMA Investing LLC now owns 140 shares of the technology company’s stock worth $258,000 after acquiring an additional 50 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in Fair Isaac by 207.8% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 5,085 shares of the technology company’s stock worth $9,378,000 after acquiring an additional 3,433 shares in the last quarter. Kentucky Retirement Systems Insurance Trust Fund acquired a new position in Fair Isaac during the first quarter worth about $1,272,000. Finally, Oppenheimer Asset Management Inc. raised its stake in Fair Isaac by 12.5% during the first quarter. Oppenheimer Asset Management Inc. now owns 3,062 shares of the technology company’s stock worth $5,647,000 after acquiring an additional 341 shares in the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Analyst Upgrades and Downgrades

FICO has been the subject of several research analyst reports. Griffin Securities set a $1,800.00 target price on Fair Isaac in a research note on Monday, August 18th. Seaport Res Ptn raised Fair Isaac to a “strong-buy” rating in a research note on Wednesday, October 1st. Barclays boosted their target price on Fair Isaac from $2,000.00 to $2,400.00 and gave the stock an “overweight” rating in a research note on Thursday, October 2nd. Zacks Research raised Fair Isaac from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 7th. Finally, Oppenheimer downgraded Fair Isaac from an “outperform” rating to a “market perform” rating in a research note on Monday, October 13th. Three research 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, Fair Isaac currently has a consensus rating of “Moderate Buy” and an average target price of $2,137.43.

Fair Isaac Stock Performance

Shares of NYSE FICO opened at $1,568.85 on Wednesday. Fair Isaac Corporation has a 52-week low of $1,300.00 and a 52-week high of $2,402.51. The firm has a 50 day moving average price of $1,544.29 and a two-hundred day moving average price of $1,687.85. The stock has a market cap of $37.66 billion, a P/E ratio of 61.36, a price-to-earnings-growth ratio of 1.71 and a beta of 1.35.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings results on Wednesday, July 30th. The technology company reported $8.57 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $536.42 million during the quarter, compared to analysts’ expectations of $520.40 million. During the same period in the prior year, the company posted $6.25 EPS. The company’s revenue was up 19.8% on a year-over-year basis. Fair Isaac has set its FY 2025 guidance at 29.150-29.150 EPS. Analysts predict that Fair Isaac Corporation will post 24.15 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Fair Isaac news, CEO William J. Lansing sold 4,942 shares of the stock in a transaction that occurred 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 completion of the sale, the chief executive officer owned 43,207 shares of the company’s stock, valued at approximately $70,485,307.38. This represents a 10.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Over the last three months, insiders have sold 18,032 shares of company stock worth $28,094,085. Corporate insiders own 3.46% of the company’s stock.

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.