Main Street Research LLC cut its stake in Fair Isaac Corporation (NYSE:FICO – Free Report) by 71.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,492 shares of the technology company’s stock after selling 6,135 shares during the period. Main Street Research LLC’s holdings in Fair Isaac were worth $4,213,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Physician Wealth Advisors Inc. lifted its position in Fair Isaac by 166.7% during the fourth quarter. Physician Wealth Advisors Inc. now owns 16 shares of the technology company’s stock valued at $27,000 after buying an additional 10 shares in the last quarter. Root Financial Partners LLC acquired a new position in Fair Isaac during the third quarter valued at approximately $30,000. Cornerstone Planning Group LLC lifted its position in Fair Isaac by 280.0% during the third quarter. Cornerstone Planning Group LLC now owns 19 shares of the technology company’s stock valued at $30,000 after buying an additional 14 shares in the last quarter. Torren Management LLC acquired a new position in Fair Isaac during the fourth quarter valued at approximately $30,000. Finally, Strengthening Families & Communities LLC acquired a new position in Fair Isaac during the third quarter valued at approximately $34,000. 85.75% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
FICO has been the topic of a number of recent research reports. Weiss Ratings cut shares of Fair Isaac from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday. Mizuho initiated coverage on shares of Fair Isaac in a research report on Thursday, April 16th. They set an “outperform” rating and a $1,416.00 price target on the stock. UBS Group reduced their price target on shares of Fair Isaac from $1,200.00 to $1,150.00 and set a “neutral” rating on the stock in a research report on Thursday, April 23rd. Wells Fargo & Company reduced their price target on shares of Fair Isaac from $1,650.00 to $1,400.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. Finally, Jefferies Financial Group reduced their price target on shares of Fair Isaac from $1,800.00 to $1,700.00 and set a “buy” rating on the stock in a research report on Monday, May 4th. Ten analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,619.36.
Insider Activity
In other news, Director Eva Manolis sold 520 shares of Fair Isaac stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $1,227.63, for a total transaction of $638,367.60. Following the sale, the director owned 344 shares in the company, valued at $422,304.72. This trade represents a 60.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 3.02% of the stock is owned by corporate insiders.
Fair Isaac Stock Up 0.1%
FICO opened at $1,241.39 on Monday. The firm has a market capitalization of $28.79 billion, a P/E ratio of 39.32, a P/E/G ratio of 1.10 and a beta of 1.24. The firm’s 50 day moving average is $1,079.93 and its 200-day moving average is $1,413.21. Fair Isaac Corporation has a 52-week low of $870.01 and a 52-week high of $1,998.01.
Fair Isaac (NYSE:FICO – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The technology company reported $12.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $11.03 by $1.47. The company had revenue of $691.68 million for the quarter, compared to analyst estimates of $630.21 million. Fair Isaac had a net margin of 33.67% and a negative return on equity of 41.04%. The business’s quarterly revenue was up 38.7% on a year-over-year basis. During the same quarter last year, the firm posted $7.81 earnings per share. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. Equities analysts expect that Fair Isaac Corporation will post 37.99 earnings per share for the current fiscal year.
Fair Isaac announced that its board has initiated a share repurchase plan on Wednesday, February 25th that permits the company to buyback $1.50 billion in outstanding shares. This buyback authorization permits the technology company to reacquire up to 5.2% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s leadership 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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