Realta Investment Advisors Makes New $473,000 Investment in Fair Isaac Corporation $FICO

Realta Investment Advisors acquired a new position in Fair Isaac Corporation (NYSE:FICO) during the second quarter, according to the company in its most recent filing with the SEC. The fund acquired 259 shares of the technology company’s stock, valued at approximately $473,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Geo Capital Gestora de Recursos Ltd acquired a new position in Fair Isaac in the 1st quarter worth $28,000. ORG Partners LLC acquired a new position in Fair Isaac in the 2nd quarter worth $27,000. Hilltop National Bank acquired a new position in Fair Isaac in the 2nd quarter worth $27,000. N.E.W. Advisory Services LLC bought a new stake in shares of Fair Isaac in the 1st quarter worth about $30,000. Finally, Meeder Asset Management Inc. increased its position in shares of Fair Isaac by 41.7% in the 1st 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 last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Insider Buying and Selling

In other Fair Isaac news, CEO William J. Lansing sold 6,011 shares of the company’s stock in a transaction dated 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 in the company, valued at approximately $64,787,175. This represents a 12.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last ninety days, insiders have sold 18,032 shares of company stock valued at $28,153,015. 3.46% of the stock is currently owned by corporate insiders.

Fair Isaac Stock Up 3.7%

FICO opened at $1,851.00 on Friday. The firm has a market cap of $44.42 billion, a price-to-earnings ratio of 72.39, a price-to-earnings-growth ratio of 2.90 and a beta of 1.35. Fair Isaac Corporation has a fifty-two week low of $1,300.00 and a fifty-two week high of $2,402.51. The company’s 50-day moving average price is $1,476.07 and its 200 day moving average price is $1,702.09.

Fair Isaac (NYSE:FICO) last released its quarterly earnings data on Wednesday, July 30th. The technology company reported $8.57 earnings per share for the quarter, topping the consensus estimate of $7.75 by $0.82. The firm had revenue of $536.42 million for the quarter, compared to analyst estimates of $520.40 million. Fair Isaac had a net margin of 32.80% and a negative return on equity of 48.88%. Fair Isaac’s quarterly revenue was up 19.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $6.25 earnings per share. Fair Isaac has set its FY 2025 guidance at 29.150-29.150 EPS. Research analysts anticipate that Fair Isaac Corporation will post 24.15 earnings per share for the current year.

Fair Isaac declared that its board has approved a stock repurchase program on Thursday, June 19th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the technology company to reacquire up to 2.3% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s management believes its shares are undervalued.

Analyst Ratings Changes

Several research firms have recently weighed in on FICO. Wells Fargo & Company set a $2,300.00 target price on shares of Fair Isaac in a research report on Wednesday. BMO Capital Markets boosted 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. Needham & Company LLC reissued a “buy” rating and issued a $1,950.00 target price on shares of Fair Isaac in a research report on Thursday. Seaport Res Ptn raised shares of Fair Isaac to a “strong-buy” rating in a research report on Wednesday. Finally, Griffin Securities set a $1,800.00 target price on shares of Fair Isaac in a research report on Monday, August 18th. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $2,130.29.

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.