Hsbc Holdings PLC decreased its holdings in shares of Fair Isaac Corporation (NYSE:FICO – Free Report) by 4.7% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 36,913 shares of the technology company’s stock after selling 1,816 shares during the period. Hsbc Holdings PLC’s holdings in Fair Isaac were worth $39,399,000 at the end of the most recent reporting period.
Other large investors also recently made changes to their positions in the company. Bayban bought a new position in shares of Fair Isaac in the 4th quarter worth $25,000. Physician Wealth Advisors Inc. increased its holdings in Fair Isaac by 166.7% in the fourth quarter. Physician Wealth Advisors Inc. now owns 16 shares of the technology company’s stock valued at $27,000 after purchasing an additional 10 shares during the last quarter. Torren Management LLC bought a new stake in Fair Isaac in the fourth quarter valued at about $30,000. Elyxium Wealth LLC acquired a new position in Fair Isaac in the fourth quarter valued at about $42,000. Finally, Rakuten Securities Inc. lifted its stake in Fair Isaac by 100.0% in the second quarter. Rakuten Securities Inc. now owns 24 shares of the technology company’s stock valued at $44,000 after buying an additional 12 shares during the period. Institutional investors and hedge funds own 85.75% of the company’s stock.
Analysts Set New Price Targets
Several equities analysts have recently issued reports on FICO shares. UBS Group boosted their target price on Fair Isaac from $1,250.00 to $1,270.00 and gave the stock a “neutral” rating in a research report on Thursday, July 2nd. Weiss Ratings upgraded shares of Fair Isaac from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, July 15th. Needham & Company LLC reissued a “buy” rating and set a $1,650.00 price objective on shares of Fair Isaac in a research note on Tuesday, June 9th. Wall Street Zen cut shares of Fair Isaac from a “buy” rating to a “hold” rating in a report on Sunday, June 28th. Finally, Bank of America lowered 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 note on Tuesday, May 19th. Ten research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,627.93.
Fair Isaac Stock Up 0.5%
Shares of NYSE:FICO opened at $1,263.92 on Tuesday. Fair Isaac Corporation has a 12 month low of $870.01 and a 12 month high of $1,998.01. The company’s fifty day simple moving average is $1,201.49 and its 200 day simple moving average is $1,255.76. The firm has a market cap of $29.31 billion, a price-to-earnings ratio of 40.04, a PEG ratio of 1.12 and a beta of 1.29.
Fair Isaac (NYSE:FICO – Get Free Report) last released its 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 during the quarter, compared to analysts’ expectations of $630.21 million. During the same quarter in the prior year, the company earned $7.81 EPS. The company’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 expect that Fair Isaac Corporation will post 38 earnings per share for the current fiscal year.
Fair Isaac 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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