Sequoia Financial Advisors LLC Has $1.19 Million Position in Fair Isaac Corporation $FICO

Sequoia Financial Advisors LLC lifted its holdings in shares of Fair Isaac Corporation (NYSE:FICO) by 11.7% during the second quarter, HoldingsChannel reports. The firm owned 649 shares of the technology company’s stock after acquiring an additional 68 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Fair Isaac were worth $1,187,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Meeder Asset Management Inc. raised its position in shares of Fair Isaac by 41.7% during the first quarter. Meeder Asset Management Inc. now owns 17 shares of the technology company’s stock worth $31,000 after purchasing an additional 5 shares during the period. Baker Avenue Asset Management LP raised its position in shares of Fair Isaac by 4.6% during the first quarter. Baker Avenue Asset Management LP now owns 113 shares of the technology company’s stock worth $209,000 after purchasing an additional 5 shares during the period. Valeo Financial Advisors LLC raised its position in Fair Isaac by 4.4% in the 1st quarter. Valeo Financial Advisors LLC now owns 142 shares of the technology company’s stock valued at $262,000 after buying an additional 6 shares during the last quarter. Forum Financial Management LP raised its position in Fair Isaac by 2.2% in the 1st quarter. Forum Financial Management LP now owns 275 shares of the technology company’s stock valued at $507,000 after buying an additional 6 shares during the last quarter. Finally, Ironwood Investment Counsel LLC raised its position in Fair Isaac by 5.8% in the 1st quarter. Ironwood Investment Counsel LLC now owns 109 shares of the technology company’s stock valued at $201,000 after buying an additional 6 shares during the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on FICO. Weiss Ratings reissued a “hold (c)” rating on shares of Fair Isaac in a research report on Wednesday, October 8th. Raymond James Financial dropped their target price on Fair Isaac from $2,230.00 to $1,800.00 and set an “outperform” rating on the stock in a research report on Thursday, July 31st. BMO Capital Markets lifted their target price on Fair Isaac from $1,650.00 to $1,800.00 and gave the company an “outperform” rating in a research report on Monday, August 18th. Wells Fargo & Company lifted their target price on Fair Isaac from $2,300.00 to $2,400.00 and gave the company an “overweight” rating in a research report on Tuesday. Finally, Zacks Research raised Fair Isaac from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 7th. Three investment 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 stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $2,137.43.

Insider Transactions at Fair Isaac

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

Fair Isaac Trading Down 0.4%

Shares of NYSE FICO opened at $1,614.22 on Friday. Fair Isaac Corporation has a 12 month low of $1,300.00 and a 12 month high of $2,402.51. The stock has a 50 day moving average of $1,533.05 and a 200-day moving average of $1,691.24. The company has a market capitalization of $38.74 billion, a P/E ratio of 63.13, a P/E/G ratio of 1.74 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, topping the consensus estimate of $7.75 by $0.82. Fair Isaac had a negative return on equity of 48.88% and a net margin of 32.80%.The company had revenue of $536.42 million during the quarter, compared to the consensus estimate of $520.40 million. During the same period in the previous year, the company posted $6.25 EPS. The firm’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. Analysts predict that Fair Isaac Corporation will post 24.15 EPS for the current fiscal year.

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.