Fair Isaac Corporation $FICO Stake Lowered by Bamco Inc. NY

Bamco Inc. NY cut its holdings in Fair Isaac Corporation (NYSE:FICO) by 9.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 68,651 shares of the technology company’s stock after selling 7,178 shares during the period. Bamco Inc. NY owned approximately 0.29% of Fair Isaac worth $116,063,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Physician Wealth Advisors Inc. boosted 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 worth $27,000 after purchasing an additional 10 shares in the last quarter. Torren Management LLC bought a new stake in Fair Isaac in the fourth quarter worth $30,000. Elyxium Wealth LLC bought a new stake in shares of Fair Isaac during the 4th quarter worth $42,000. Rakuten Securities Inc. boosted its holdings in shares of Fair Isaac by 100.0% during the 2nd quarter. Rakuten Securities Inc. now owns 24 shares of the technology company’s stock worth $44,000 after buying an additional 12 shares during the period. Finally, JPL Wealth Management LLC bought a new stake in shares of Fair Isaac during the 3rd quarter worth $46,000. 85.75% of the stock is currently owned by institutional investors.

Fair Isaac Stock Down 5.0%

Shares of FICO opened at $1,126.49 on Thursday. Fair Isaac Corporation has a 12-month low of $870.01 and a 12-month high of $1,998.01. The firm has a market capitalization of $26.12 billion, a price-to-earnings ratio of 35.68, a P/E/G ratio of 1.05 and a beta of 1.28. The stock’s 50-day moving average price is $1,124.79 and its 200 day moving average price is $1,346.46.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings results on Tuesday, April 28th. The technology company reported $12.50 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $630.21 million. During the same period in the previous year, the company posted $7.81 earnings per share. The company’s quarterly revenue was up 38.7% compared to the same quarter last year. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. Equities research analysts expect that Fair Isaac Corporation will post 38.06 EPS for the current year.

Fair Isaac declared that its board has initiated a stock buyback program on Wednesday, February 25th that allows the company to repurchase $1.50 billion in shares. This repurchase authorization allows the technology company to buy up to 5.2% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s leadership believes its stock is undervalued.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. Raymond James Financial reissued an “outperform” rating and set a $1,750.00 target price on shares of Fair Isaac in a research report on Wednesday, April 29th. 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. Weiss Ratings raised shares of Fair Isaac from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, June 5th. The Goldman Sachs Group cut their target price on shares of Fair Isaac from $1,770.00 to $1,528.00 and set a “buy” rating for the company in a research report on Thursday, April 2nd. Finally, Mizuho assumed coverage on shares of Fair Isaac in a research report on Thursday, April 16th. They set an “outperform” rating and a $1,416.00 target price for the company. Ten investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $1,626.50.

About Fair Isaac

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.