Los Angeles Capital Management LLC Grows Stake in Fair Isaac Corporation $FICO

Los Angeles Capital Management LLC grew its stake in shares of Fair Isaac Corporation (NYSE:FICO) by 141.6% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 17,290 shares of the technology company’s stock after acquiring an additional 10,135 shares during the period. Los Angeles Capital Management LLC owned about 0.07% of Fair Isaac worth $31,605,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the company. Westside Investment Management Inc. purchased a new stake in Fair Isaac in the second quarter worth $26,000. ORG Partners LLC bought a new stake in Fair Isaac in the 2nd quarter valued at about $27,000. Hilltop National Bank purchased a new stake in Fair Isaac during the second quarter valued at about $27,000. Geo Capital Gestora de Recursos Ltd bought a new position in Fair Isaac during the first quarter worth about $28,000. Finally, N.E.W. Advisory Services LLC purchased a new position in shares of Fair Isaac in the first quarter worth about $30,000. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. UBS Group raised their price objective on shares of Fair Isaac from $1,590.00 to $1,640.00 and gave the stock a “neutral” rating in a report on Monday, September 15th. Zacks Research upgraded Fair Isaac from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 7th. Jefferies Financial Group cut their target price on Fair Isaac from $2,150.00 to $2,100.00 and set a “buy” rating for the company in a research note on Thursday. Seaport Res Ptn upgraded Fair Isaac to a “strong-buy” rating in a research report on Wednesday, October 1st. Finally, Barclays raised their price objective on shares of Fair Isaac from $2,000.00 to $2,400.00 and gave the company an “overweight” rating in a research report on Thursday, October 2nd. Three analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $2,118.50.

Fair Isaac Trading Up 3.9%

Shares of NYSE FICO opened at $1,739.98 on Friday. The business has a 50-day moving average of $1,607.58 and a 200-day moving average of $1,668.68. The firm has a market capitalization of $41.77 billion, a price-to-earnings ratio of 68.05, a PEG ratio of 1.63 and a beta of 1.34. Fair Isaac Corporation has a 12 month low of $1,300.00 and a 12 month high of $2,402.51.

Fair Isaac (NYSE:FICO) last announced 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 net margin of 32.80% and a negative return on equity of 48.88%. The business had revenue of $515.75 million during the quarter, compared to analyst estimates of $512.38 million. During the same period in the previous year, the business posted $6.54 earnings per share. Fair Isaac’s revenue for the quarter 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, analysts predict that Fair Isaac Corporation will post 24.15 earnings per share for the current year.

Insiders Place Their Bets

In other Fair Isaac news, CEO William J. Lansing sold 4,942 shares of the firm’s stock in a transaction dated Tuesday, October 14th. The stock was sold at an average price of $1,631.34, for a total transaction of $8,062,082.28. Following the sale, the chief executive officer owned 43,207 shares in the company, valued at $70,485,307.38. This trade represents a 10.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders sold a total of 18,032 shares of company stock worth $28,094,085 in the last quarter. Company insiders own 3.46% of the company’s stock.

Fair Isaac 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.