Biondo Investment Advisors LLC Boosts Holdings in Fair Isaac Corporation $FICO

Biondo Investment Advisors LLC raised its holdings in Fair Isaac Corporation (NYSE:FICOFree Report) by 28.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 8,621 shares of the technology company’s stock after acquiring an additional 1,889 shares during the period. Fair Isaac accounts for 1.8% of Biondo Investment Advisors LLC’s holdings, making the stock its 16th biggest holding. Biondo Investment Advisors LLC’s holdings in Fair Isaac were worth $14,575,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in FICO. Brighton Jones LLC boosted its holdings in Fair Isaac by 168.7% in the fourth quarter. Brighton Jones LLC now owns 481 shares of the technology company’s stock valued at $958,000 after purchasing an additional 302 shares during the last quarter. Great Lakes Advisors LLC boosted its stake in shares of Fair Isaac by 5.7% during the 1st quarter. Great Lakes Advisors LLC now owns 112 shares of the technology company’s stock worth $207,000 after acquiring an additional 6 shares in the last quarter. Woodline Partners LP boosted its stake in shares of Fair Isaac by 46.1% during the 1st quarter. Woodline Partners LP now owns 2,138 shares of the technology company’s stock worth $3,943,000 after acquiring an additional 675 shares in the last quarter. Treasurer of the State of North Carolina boosted its stake in shares of Fair Isaac by 18.0% during the 2nd quarter. Treasurer of the State of North Carolina now owns 14,037 shares of the technology company’s stock worth $25,659,000 after acquiring an additional 2,146 shares in the last quarter. Finally, Alliancebernstein L.P. boosted its stake in shares of Fair Isaac by 16.1% during the 2nd quarter. Alliancebernstein L.P. now owns 211,947 shares of the technology company’s stock worth $387,431,000 after acquiring an additional 29,408 shares in the last quarter. 85.75% of the stock is owned by hedge funds and other institutional investors.

Fair Isaac Stock Down 0.7%

FICO opened at $1,177.22 on Friday. Fair Isaac Corporation has a twelve month low of $870.01 and a twelve month high of $1,998.01. The company has a 50-day moving average price of $1,120.24 and a 200 day moving average price of $1,362.61. The company has a market cap of $27.30 billion, a PE ratio of 37.29, a price-to-earnings-growth ratio of 1.04 and a beta of 1.28.

Fair Isaac (NYSE:FICOGet Free Report) last released its quarterly earnings results on Tuesday, April 28th. The technology company reported $12.50 earnings per share for the quarter, topping the consensus estimate of $11.03 by $1.47. Fair Isaac had a net margin of 33.67% and a negative return on equity of 41.04%. The firm had revenue of $691.68 million during the quarter, compared to the consensus estimate of $630.21 million. During the same quarter in the prior year, the firm earned $7.81 EPS. The company’s revenue for the quarter was up 38.7% on a year-over-year basis. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. As a group, sell-side analysts expect that Fair Isaac Corporation will post 38.06 earnings per share for the current year.

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

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Barclays lowered their target price on shares of Fair Isaac from $2,400.00 to $1,950.00 and set an “overweight” rating on the stock in a research note on Friday, April 10th. The Goldman Sachs Group lowered their target price on shares of Fair Isaac from $1,770.00 to $1,528.00 and set a “buy” rating on the stock in a research note on Thursday, April 2nd. JPMorgan Chase & Co. lowered their target price on shares of Fair Isaac from $1,325.00 to $1,225.00 and set a “neutral” rating on the stock in a research note on Thursday, April 30th. Jefferies Financial Group lowered their target price on shares of Fair Isaac from $1,800.00 to $1,700.00 and set a “buy” rating on the stock in a research note on Monday, May 4th. Finally, Weiss Ratings raised shares of Fair Isaac from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, June 5th. Ten analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, Fair Isaac currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,619.36.

Get Our Latest Stock Analysis on FICO

About Fair Isaac

(Free Report)

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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Institutional Ownership by Quarter for Fair Isaac (NYSE:FICO)

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