EFG Asset Management Americas Corp. Decreases Holdings in Fair Isaac Corporation $FICO

EFG Asset Management Americas Corp. trimmed its position in shares of Fair Isaac Corporation (NYSE:FICO) by 21.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,039 shares of the technology company’s stock after selling 276 shares during the quarter. EFG Asset Management Americas Corp.’s holdings in Fair Isaac were worth $1,899,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of FICO. Meeder Asset Management Inc. lifted its holdings in Fair Isaac by 41.7% in the first quarter. Meeder Asset Management Inc. now owns 17 shares of the technology company’s stock valued at $31,000 after acquiring an additional 5 shares during the period. Baker Avenue Asset Management LP increased its position in shares of Fair Isaac by 4.6% during the 1st quarter. Baker Avenue Asset Management LP now owns 113 shares of the technology company’s stock valued at $209,000 after purchasing an additional 5 shares during the last quarter. Ironwood Investment Counsel LLC lifted its stake in shares of 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 during the period. MAI Capital Management boosted its holdings in shares of 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. Finally, Great Lakes Advisors LLC grew its position in Fair Isaac by 5.7% during the first quarter. Great Lakes Advisors LLC now owns 112 shares of the technology company’s stock valued at $207,000 after buying an additional 6 shares during the period. Institutional investors own 85.75% of the company’s stock.

Fair Isaac Trading Up 0.7%

Shares of FICO opened at $1,736.82 on Thursday. The business’s 50 day moving average is $1,643.85 and its 200 day moving average is $1,656.65. Fair Isaac Corporation has a 12-month low of $1,300.00 and a 12-month high of $2,400.00. The company has a market capitalization of $41.18 billion, a PE ratio of 67.92, a price-to-earnings-growth ratio of 1.63 and a beta of 1.34.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings results on Wednesday, November 5th. The technology company reported $7.74 EPS for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $512.38 million. During the same quarter in the previous year, the company earned $6.54 EPS. The business’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. Equities research analysts predict that Fair Isaac Corporation will post 24.15 earnings per share for the current year.

Insider Buying and Selling

In other Fair Isaac news, CEO William J. Lansing sold 6,011 shares of Fair Isaac stock in a transaction on 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 directly owned 42,138 shares of the company’s stock, valued at $64,787,175. This trade represents a 12.48% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Insiders have sold a total of 20,432 shares of company stock worth $32,252,997 in the last three months. 3.46% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research firms have weighed in on FICO. UBS Group increased their price target on shares of Fair Isaac from $1,590.00 to $1,640.00 and gave the stock a “neutral” rating in a research report on Monday, September 15th. Raymond James Financial lowered their target price on Fair Isaac from $2,230.00 to $1,800.00 and set an “outperform” rating on the stock in a research report on Thursday, July 31st. Jefferies Financial Group reduced their price target on Fair Isaac from $2,150.00 to $2,100.00 and set a “buy” rating for the company in a research report on Thursday, November 6th. Barclays lifted their price objective on 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. Finally, 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 note on Thursday, November 6th. Three research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, Fair Isaac has an average rating of “Moderate Buy” and a consensus price target 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.