Securian Asset Management Inc. lowered its holdings in Fair Isaac Corporation (NYSE:FICO – Free Report) by 48.5% during the fourth quarter, HoldingsChannel reports. The fund owned 645 shares of the technology company’s stock after selling 608 shares during the period. Securian Asset Management Inc.’s holdings in Fair Isaac were worth $1,090,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Capital World Investors boosted its holdings in Fair Isaac by 874.4% in the third quarter. Capital World Investors now owns 808,393 shares of the technology company’s stock valued at $1,209,784,000 after purchasing an additional 725,432 shares in the last quarter. Capital International Investors raised its holdings in Fair Isaac by 402.8% during the third 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. Akre Capital Management LLC raised its holdings in Fair Isaac by 2,751.4% during the third quarter. Akre Capital Management LLC now owns 260,849 shares of the technology company’s stock worth $390,368,000 after purchasing an additional 251,701 shares in the last quarter. Primecap Management Co. CA lifted its position in shares of Fair Isaac by 871.2% during the 3rd quarter. Primecap Management Co. CA now owns 180,650 shares of the technology company’s stock worth $270,348,000 after buying an additional 162,050 shares during the last quarter. Finally, Kensico Capital Management Corp lifted its position in shares of Fair Isaac by 30.4% during the 3rd quarter. Kensico Capital Management Corp now owns 324,880 shares of the technology company’s stock worth $486,193,000 after buying an additional 75,700 shares during the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.
Analyst Ratings Changes
FICO has been the topic of a number of recent analyst reports. Mizuho initiated coverage on shares of Fair Isaac in a research report on Thursday, April 16th. They issued an “outperform” rating and a $1,416.00 target price on the stock. Barclays reduced their price target on shares of Fair Isaac from $2,400.00 to $1,950.00 and set an “overweight” rating for the company in a research report on Friday, April 10th. Needham & Company LLC decreased their price objective on shares of Fair Isaac from $1,975.00 to $1,650.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Bank of America started coverage on Fair Isaac in a research report on Tuesday, February 17th. They set a “buy” rating and a $1,900.00 target price on the stock. Finally, Robert W. Baird set a $1,549.00 target price on Fair Isaac in a report on Wednesday, April 29th. Ten investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Fair Isaac has a consensus rating of “Moderate Buy” and a consensus price target of $1,655.07.
Insider Activity at Fair Isaac
In related news, Director Eva Manolis sold 520 shares of Fair Isaac stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $1,227.63, for a total value of $638,367.60. Following the transaction, the director directly owned 344 shares in the company, valued at $422,304.72. This trade represents a 60.19% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Joanna Rees sold 358 shares of the company’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $1,360.00, for a total transaction of $486,880.00. Following the transaction, the director owned 11,204 shares of the company’s stock, valued at approximately $15,237,440. The trade was a 3.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 3.02% of the stock is owned by corporate insiders.
Fair Isaac Stock Performance
NYSE FICO opened at $1,085.16 on Wednesday. Fair Isaac Corporation has a one year low of $870.01 and a one year high of $2,217.60. The firm has a market cap of $25.16 billion, a PE ratio of 34.37, a P/E/G ratio of 0.97 and a beta of 1.24. The firm’s fifty day moving average is $1,116.70 and its two-hundred day moving average is $1,439.86.
Fair Isaac (NYSE:FICO – Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The technology company reported $12.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $11.03 by $1.47. Fair Isaac had a negative return on equity of 41.04% and a net margin of 33.67%.The firm had revenue of $691.68 million for the quarter, compared to analyst estimates of $630.21 million. During the same quarter last year, the company posted $7.81 earnings per share. The business’s revenue was up 38.7% on a year-over-year basis. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. Research analysts predict that Fair Isaac Corporation will post 37.99 earnings per share for the current year.
Fair Isaac declared that its board has initiated a stock buyback program on Wednesday, February 25th that allows the company to buyback $1.50 billion in outstanding shares. This buyback authorization allows the technology company to reacquire up to 5.2% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s management believes its stock is undervalued.
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.
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