Skandinaviska Enskilda Banken AB publ Decreases Stake in Fair Isaac Corporation $FICO

Skandinaviska Enskilda Banken AB publ cut its holdings in shares of Fair Isaac Corporation (NYSE:FICO) by 33.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,199 shares of the technology company’s stock after selling 5,102 shares during the period. Skandinaviska Enskilda Banken AB publ’s holdings in Fair Isaac were worth $18,643,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Silvant Capital Management LLC lifted its stake in Fair Isaac by 4.8% during the 2nd quarter. Silvant Capital Management LLC now owns 33,002 shares of the technology company’s stock valued at $60,326,000 after acquiring an additional 1,508 shares during the period. Norges Bank purchased a new position in shares of Fair Isaac during the second quarter valued at approximately $365,831,000. Quadrature Capital Ltd raised its holdings in shares of Fair Isaac by 56.1% during the second quarter. Quadrature Capital Ltd now owns 5,412 shares of the technology company’s stock valued at $9,880,000 after purchasing an additional 1,944 shares during the last quarter. Laidlaw Wealth Management LLC lifted its position in Fair Isaac by 55.3% during the second quarter. Laidlaw Wealth Management LLC now owns 264 shares of the technology company’s stock valued at $483,000 after purchasing an additional 94 shares during the period. Finally, Hsbc Holdings PLC boosted its holdings in Fair Isaac by 16.9% in the second quarter. Hsbc Holdings PLC now owns 45,221 shares of the technology company’s stock worth $82,473,000 after purchasing an additional 6,547 shares during the last quarter. 85.75% of the stock is currently owned by institutional investors.

Insider Transactions at Fair Isaac

In other Fair Isaac news, CEO William J. Lansing sold 2,400 shares of the stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $1,732.88, for a total transaction 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 $18,945,577.04. This represents a 18.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In the last 90 days, insiders have sold 14,422 shares of company stock valued at $23,226,939. Insiders own 3.46% of the company’s stock.

Fair Isaac Stock Performance

FICO opened at $1,805.83 on Friday. The stock has a market cap of $42.81 billion, a price-to-earnings ratio of 70.62, a price-to-earnings-growth ratio of 1.63 and a beta of 1.34. The firm’s fifty day moving average is $1,677.10 and its 200 day moving average is $1,644.38. Fair Isaac Corporation has a fifty-two week low of $1,300.00 and a fifty-two week high of $2,400.00.

Fair Isaac (NYSE:FICO) last issued its earnings results 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. Fair Isaac had a negative return on equity of 48.88% and a net margin of 32.80%.The company had revenue of $515.75 million for the quarter, compared to the consensus estimate of $512.38 million. During the same quarter last year, the company earned $6.54 EPS. The firm’s quarterly revenue was up 13.6% on a year-over-year basis. 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 earnings per share for the current year.

Analyst Ratings Changes

FICO has been the topic of several research reports. BMO Capital Markets dropped their target price on Fair Isaac from $2,300.00 to $2,200.00 and set an “outperform” rating on the stock in a research report on Thursday, November 6th. Barclays raised their price objective 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. Griffin Securities set a $1,800.00 target price on shares of Fair Isaac in a report on Monday, August 18th. Wells Fargo & Company increased their price target on shares of Fair Isaac from $2,300.00 to $2,400.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 14th. Finally, Oppenheimer downgraded shares of Fair Isaac from an “outperform” rating to a “market perform” rating in a research report on Monday, October 13th. Three analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average 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.