Fair Isaac Corporation $FICO Stock Position Increased by Forsta AP Fonden

Forsta AP Fonden increased its position in Fair Isaac Corporation (NYSE:FICO) by 39.1% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 8,900 shares of the technology company’s stock after acquiring an additional 2,500 shares during the period. Forsta AP Fonden’s holdings in Fair Isaac were worth $16,269,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of FICO. Meeder Asset Management Inc. boosted its position in shares of Fair Isaac by 41.7% during the 1st quarter. Meeder Asset Management Inc. now owns 17 shares of the technology company’s stock valued at $31,000 after purchasing an additional 5 shares in the last quarter. Baker Avenue Asset Management LP raised its holdings in shares of Fair Isaac by 4.6% in the 1st 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 in the last quarter. Forum Financial Management LP lifted its stake in Fair Isaac by 2.2% during the first quarter. Forum Financial Management LP now owns 275 shares of the technology company’s stock valued at $507,000 after purchasing an additional 6 shares during the last quarter. Ironwood Investment Counsel LLC boosted its holdings in Fair Isaac by 5.8% during the first quarter. Ironwood Investment Counsel LLC now owns 109 shares of the technology company’s stock worth $201,000 after buying an additional 6 shares in the last quarter. Finally, MAI Capital Management grew its position in Fair Isaac by 11.8% in the first quarter. MAI Capital Management now owns 57 shares of the technology company’s stock worth $105,000 after buying an additional 6 shares during the last quarter. 85.75% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. BMO Capital Markets cut their price objective on Fair Isaac from $2,300.00 to $2,200.00 and set an “outperform” rating for the company in a research report on Thursday, November 6th. Oppenheimer downgraded Fair Isaac from an “outperform” rating to a “market perform” rating in a report on Monday, October 13th. Raymond James Financial decreased their price target on Fair Isaac from $2,230.00 to $1,800.00 and set an “outperform” rating for the company in a research report on Thursday, July 31st. Needham & Company LLC restated a “buy” rating and set a $1,950.00 price objective on shares of Fair Isaac in a report on Thursday, October 2nd. Finally, Robert W. Baird raised their target price on shares of Fair Isaac from $1,900.00 to $1,960.00 and gave the stock an “outperform” rating in a report on Thursday, November 6th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, Fair Isaac has an average rating of “Moderate Buy” and a consensus target price of $2,118.50.

Insider Transactions at Fair Isaac

In other Fair Isaac news, CEO William J. Lansing sold 2,400 shares of Fair Isaac stock in a transaction on 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 sale, the chief executive officer owned 10,933 shares of the company’s stock, valued at $18,945,577.04. This trade represents a 18.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In the last three months, insiders have sold 20,432 shares of company stock valued at $32,252,997. 3.46% of the stock is owned by corporate insiders.

Fair Isaac Trading Down 1.1%

Shares of Fair Isaac stock opened at $1,777.68 on Thursday. Fair Isaac Corporation has a 1 year low of $1,300.00 and a 1 year high of $2,402.51. The company has a market cap of $42.15 billion, a P/E ratio of 69.52, a P/E/G ratio of 1.63 and a beta of 1.34. The stock has a 50-day moving average price of $1,623.16 and a 200 day moving average price of $1,665.28.

Fair Isaac (NYSE:FICO) last issued its earnings results on Wednesday, November 5th. The technology company reported $7.74 earnings per share for the quarter, beating analysts’ consensus estimates of $7.36 by $0.38. The company had revenue of $515.75 million for the quarter, compared to the consensus estimate of $512.38 million. Fair Isaac had a negative return on equity of 48.88% and a net margin of 32.80%.The firm’s quarterly revenue was up 13.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $6.54 EPS. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. On average, equities analysts forecast that Fair Isaac Corporation will post 24.15 earnings per share for the current fiscal year.

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.