Lindsell Train Ltd decreased its stake in shares of Fair Isaac Corporation (NYSE:FICO – Free Report) by 5.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 212,785 shares of the technology company’s stock after selling 13,401 shares during the period. Fair Isaac accounts for approximately 5.4% of Lindsell Train Ltd’s portfolio, making the stock its 7th biggest position. Lindsell Train Ltd’s holdings in Fair Isaac were worth $126,069,000 at the end of the most recent quarter.
A number of other hedge funds also recently bought and sold shares of FICO. XXEC Inc. purchased a new position in shares of Fair Isaac in the 2nd quarter valued at about $33,189,000. BlackRock Inc. acquired a new position in shares of Fair Isaac during the second quarter worth about $2,491,517,000. Primecap Management Co. CA acquired a new position in shares of Fair Isaac during the second quarter worth about $433,508,000. Van ECK Associates Corp increased its stake in shares of Fair Isaac by 95.0% during the second quarter. Van ECK Associates Corp now owns 223,798 shares of the technology company’s stock worth $267,389,000 after buying an additional 109,027 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its holdings in Fair Isaac by 9.2% in the first quarter. Arrowstreet Capital Limited Partnership now owns 175,917 shares of the technology company’s stock valued at $187,798,000 after acquiring an additional 14,792 shares in the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.
Trending Headlines about Fair Isaac
Here are the key news stories impacting Fair Isaac this week:
- Positive Sentiment: FICO reported quarterly earnings of $11.10 per share and revenue of $657.05 million, beating analyst estimates. Revenue grew 27.4% year over year, with scores, pricing and software growth contributing. Read More.
- Positive Sentiment: Management also highlighted software-platform growth, wider score adoption and strong cash flow. More lenders joined FICO’s Preferred Program, and a regional lender upgraded to Auto Score 10, supporting continued product adoption. Read More. · Read More.
- Negative Sentiment: FICO withheld fiscal 2027 guidance amid uncertainty as it shifts mortgage-origination pricing from a flat fee to customer-specific pricing. Investors lack visibility into the effect on revenue, while a low-priced competitor adds pressure to assess FICO’s pricing power. Read More.
- Negative Sentiment: Several firms cut their price targets, reflecting a more cautious outlook: JPMorgan lowered its target to $800 from $900 and moved to neutral; Barclays cut to $800 from $875 but kept an overweight rating; Needham reduced its target to $925 from $1,100 while retaining a buy rating; and Wells Fargo lowered its target to $650 from $735. Read More. · Read More. · Read More. · Read More.
Analysts Set New Price Targets
A number of brokerages recently issued reports on FICO. Royal Bank Of Canada downgraded shares of Fair Isaac from an “outperform” rating to a “sector perform” rating and decreased their price target for the stock from $1,045.00 to $770.00 in a research note on Thursday. UBS Group reissued a “buy” rating on shares of Fair Isaac in a research report on Thursday. Robert W. Baird dropped their price objective on shares of Fair Isaac from $1,549.00 to $1,070.00 and set an “outperform” rating on the stock in a research report on Friday, October 2nd. BMO Capital Markets reduced their price objective on shares of Fair Isaac from $1,150.00 to $897.00 and set an “outperform” rating on the stock in a report on Monday, October 26th. Finally, Bank of America cut shares of Fair Isaac from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $1,400.00 to $700.00 in a research report on Wednesday, September 30th. Nine analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $922.75.
Check Out Our Latest Stock Analysis on FICO
Fair Isaac Stock Performance
Shares of FICO stock opened at $708.25 on Friday. The firm has a market cap of $15.30 billion, a price-to-earnings ratio of 19.50, a PEG ratio of 0.85 and a beta of 1.36. Fair Isaac Corporation has a 1 year low of $586.05 and a 1 year high of $1,858.91. The stock’s 50-day moving average is $836.72 and its two-hundred day moving average is $1,111.06.
Fair Isaac (NYSE:FICO – Get Free Report) last posted its quarterly earnings data on Wednesday, November 4th. The technology company reported $11.10 earnings per share for the quarter, beating the consensus estimate of $10.69 by $0.41. Fair Isaac had a negative return on equity of 31.37% and a net margin of 32.94%. The business had revenue of $657.05 million during the quarter, compared to the consensus estimate of $651.73 million. During the same period in the prior year, the company earned $7.74 earnings per share. The company’s revenue was up 27.4% compared to the same quarter last year. As a group, research analysts predict that Fair Isaac Corporation will post 40.03 EPS for the current year.
Fair Isaac Company Profile
Fair Isaac Corporation, commonly known as FICO, develops analytics and decision-management software used by businesses to assess risk, detect fraud and make customer-related decisions. The company is best known for the FICO Score, a credit-risk scoring system used by lenders and other financial institutions to evaluate consumer creditworthiness.
FICO’s offerings include credit scoring solutions, decisioning platforms, fraud-detection tools, customer management software and predictive analytics.
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