Strategic Global Advisors LLC Buys Shares of 3,580 Fair Isaac Corporation $FICO

Strategic Global Advisors LLC bought a new position in shares of Fair Isaac Corporation (NYSE:FICOFree Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 3,580 shares of the technology company’s stock, valued at approximately $6,052,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Heartland Bank & Trust Co raised its position in Fair Isaac by 1.3% during the third quarter. Heartland Bank & Trust Co now owns 464 shares of the technology company’s stock worth $694,000 after acquiring an additional 6 shares during the last quarter. GW&K Investment Management LLC raised its position in Fair Isaac by 4.6% during the third quarter. GW&K Investment Management LLC now owns 136 shares of the technology company’s stock worth $204,000 after acquiring an additional 6 shares during the last quarter. Great Lakes Advisors LLC raised 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 worth $207,000 after acquiring an additional 6 shares during the last quarter. Capital Investment Advisory Services LLC raised its position in Fair Isaac by 1.9% during the fourth quarter. Capital Investment Advisory Services LLC now owns 367 shares of the technology company’s stock worth $620,000 after acquiring an additional 7 shares during the last quarter. Finally, San Luis Wealth Advisors LLC raised its position in Fair Isaac by 2.8% during the third quarter. San Luis Wealth Advisors LLC now owns 253 shares of the technology company’s stock worth $379,000 after acquiring an additional 7 shares during the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on FICO shares. Barclays cut their target price 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. Wells Fargo & Company cut their target price on shares of Fair Isaac from $1,650.00 to $1,400.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th. Bank of America cut their target price on shares of Fair Isaac from $1,550.00 to $1,400.00 and set a “buy” rating for the company in a research report on Tuesday, May 19th. Wall Street Zen cut shares of Fair Isaac from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Finally, UBS Group cut their target price on shares of Fair Isaac from $1,200.00 to $1,150.00 and set a “neutral” rating for the company in a research report on Thursday, April 23rd. Ten analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, Fair Isaac has a consensus rating of “Moderate Buy” and a consensus price target of $1,619.36.

View Our Latest Research Report on FICO

Fair Isaac Price Performance

Shares of NYSE FICO opened at $1,177.22 on Monday. 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 Corporation has a 12 month low of $870.01 and a 12 month high of $1,998.01. The company has a 50-day simple moving average of $1,120.24 and a 200-day simple moving average of $1,359.91.

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

Fair Isaac announced that its Board of Directors has approved a share repurchase program on Wednesday, February 25th that permits the company to buyback $1.50 billion in shares. This buyback authorization permits the technology company to purchase up to 5.2% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s board of directors believes its stock is undervalued.

Fair Isaac Company Profile

(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.

Further Reading

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

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