Third View Private Wealth LLC Invests $1.42 Million in Fair Isaac Corporation $FICO

Third View Private Wealth LLC acquired a new position in Fair Isaac Corporation (NYSE:FICO) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 839 shares of the technology company’s stock, valued at approximately $1,418,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in shares of Fair Isaac by 2.4% in the 3rd quarter. Vanguard Group Inc. now owns 3,069,749 shares of the technology company’s stock worth $4,593,971,000 after purchasing an additional 72,224 shares in the last quarter. Capital World Investors boosted its holdings in shares of Fair Isaac by 874.4% in the 3rd quarter. Capital World Investors now owns 808,393 shares of the technology company’s stock worth $1,209,784,000 after purchasing an additional 725,432 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in shares of Fair Isaac by 8.1% in the 3rd quarter. Principal Financial Group Inc. now owns 404,105 shares of the technology company’s stock worth $604,819,000 after purchasing an additional 30,253 shares in the last quarter. Capital International Investors boosted its holdings in shares of Fair Isaac by 402.8% in the 3rd quarter. Capital International Investors now owns 377,883 shares of the technology company’s stock worth $565,513,000 after purchasing an additional 302,734 shares in the last quarter. Finally, Kensico Capital Management Corp boosted its holdings in shares of Fair Isaac by 30.4% in the 3rd quarter. Kensico Capital Management Corp now owns 324,880 shares of the technology company’s stock worth $486,193,000 after purchasing an additional 75,700 shares in the last quarter. 85.75% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Fair Isaac news, Director Eva Manolis sold 520 shares of the stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $1,227.63, for a total value of $638,367.60. Following the completion of the sale, the director owned 344 shares in the company, valued at approximately $422,304.72. This trade represents a 60.19% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Joanna Rees sold 358 shares of the stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $1,360.00, for a total value of $486,880.00. Following the completion of the sale, the director owned 11,204 shares of the company’s stock, valued at approximately $15,237,440. This trade represents a 3.10% decrease in their position. The SEC filing for this sale provides additional information. 3.02% of the stock is owned by insiders.

Fair Isaac Price Performance

Shares of Fair Isaac stock opened at $999.75 on Tuesday. The business’s 50 day simple moving average is $1,231.55 and its two-hundred day simple moving average is $1,521.12. The stock has a market capitalization of $23.72 billion, a P/E ratio of 37.00, a price-to-earnings-growth ratio of 0.89 and a beta of 1.38. Fair Isaac Corporation has a one year low of $909.00 and a one year high of $2,217.60.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings results on Wednesday, January 28th. The technology company reported $7.33 EPS for the quarter, topping analysts’ consensus estimates of $7.08 by $0.25. The business had revenue of $766.00 million for the quarter, compared to analysts’ expectations of $501.05 million. Fair Isaac had a negative return on equity of 40.98% and a net margin of 31.89%.The business’s quarterly revenue was up 16.4% on a year-over-year basis. During the same period in the previous year, the firm earned $5.79 EPS. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. Sell-side analysts expect that Fair Isaac Corporation will post 24.15 earnings per share for the current fiscal year.

Fair Isaac announced that its board has authorized a stock repurchase program on Wednesday, February 25th that allows the company to repurchase $1.50 billion in shares. This repurchase authorization allows the technology company to reacquire up to 5.2% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board believes its stock is undervalued.

Wall Street Analysts Forecast Growth

FICO has been the subject of a number of research reports. Wells Fargo & Company cut their price objective on Fair Isaac from $2,500.00 to $2,300.00 and set an “overweight” rating for the company in a report on Wednesday, March 18th. Jefferies Financial Group upped their price objective on Fair Isaac from $2,100.00 to $2,200.00 and gave the stock a “buy” rating in a report on Friday, January 16th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Fair Isaac in a report on Monday, December 29th. Needham & Company LLC reiterated a “buy” rating on shares of Fair Isaac in a report on Thursday, February 26th. Finally, Bank of America began coverage on Fair Isaac in a report on Tuesday, February 17th. They set a “buy” rating and a $1,900.00 target price for the company. Nine equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $1,832.92.

Fair Isaac Company Profile

Fair Isaac Corporation, commonly known as FICO, is a data analytics and software company best known for its FICO Score, a widely used credit-scoring system that helps lenders assess consumer credit risk. Founded in 1956 by Bill Fair and Earl Isaac, the company has evolved from its origins in statistical credit scoring to a broader focus on predictive analytics, decision management and artificial intelligence-driven solutions for financial services and other industries. FICO is headquartered in San Jose, California, and operates globally, serving clients across North America, Latin America, Europe, the Middle East, Africa and the Asia-Pacific region.

FICO’s product portfolio centers on analytics and decisioning technologies.