KBC Group NV Increases Holdings in Fair Isaac Corporation $FICO

KBC Group NV increased its holdings in Fair Isaac Corporation (NYSE:FICO) by 68.8% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 25,452 shares of the technology company’s stock after buying an additional 10,372 shares during the period. KBC Group NV owned 0.11% of Fair Isaac worth $46,525,000 as of its most recent SEC filing.

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

Fair Isaac Price Performance

NYSE:FICO opened at $1,777.68 on Thursday. Fair Isaac Corporation has a 12 month low of $1,300.00 and a 12 month high of $2,402.51. The firm has a market capitalization of $42.15 billion, a PE ratio of 69.52, a price-to-earnings-growth ratio of 1.63 and a beta of 1.34. The business’s fifty day moving average price is $1,623.16 and its 200 day moving average price is $1,665.28.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings results on Wednesday, November 5th. The technology company reported $7.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $515.75 million during the quarter, compared to the consensus estimate of $512.38 million. During the same period in the prior year, the company posted $6.54 earnings per share. The firm’s quarterly revenue was up 13.6% compared to the same quarter last year. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. As a group, equities analysts anticipate that Fair Isaac Corporation will post 24.15 EPS for the current year.

Insider Transactions at Fair Isaac

In other Fair Isaac news, CEO William J. Lansing sold 6,011 shares of the company’s stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $1,537.50, for a total transaction 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last 90 days, insiders sold 20,432 shares of company stock valued at $32,252,997. Insiders own 3.46% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on FICO shares. BMO Capital Markets cut 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 note on Thursday, November 6th. JPMorgan Chase & Co. raised their target price on Fair Isaac from $1,750.00 to $1,825.00 and gave the stock a “neutral” rating in a report on Thursday, November 6th. Barclays lifted their price target on shares of Fair Isaac from $2,000.00 to $2,400.00 and gave the company an “overweight” rating in a research note on Thursday, October 2nd. Zacks Research upgraded shares of Fair Isaac from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 7th. Finally, UBS Group lifted their price target on shares of Fair Isaac from $1,590.00 to $1,640.00 and gave the company a “neutral” rating in a research report on Monday, September 15th. Three analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, Fair Isaac presently has an average rating of “Moderate Buy” and an average target price of $2,118.50.

About Fair Isaac

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.