Mediolanum International Funds Ltd lowered its position in shares of Fair Isaac Corporation (NYSE:FICO – Free Report) by 11.4% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,592 shares of the technology company’s stock after selling 464 shares during the quarter. Mediolanum International Funds Ltd’s holdings in Fair Isaac were worth $3,764,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also recently bought and sold shares of the business. Ceera Investments LLC purchased a new position in shares of Fair Isaac in the 1st quarter worth about $2,624,000. Heartland Bank & Trust Co grew its position in Fair Isaac by 2.9% during the first quarter. Heartland Bank & Trust Co now owns 468 shares of the technology company’s stock valued at $500,000 after buying an additional 13 shares during the period. Assetmark Inc. increased its holdings in Fair Isaac by 362.7% during the first quarter. Assetmark Inc. now owns 273 shares of the technology company’s stock worth $291,000 after buying an additional 214 shares during the last quarter. Aware Super Pty Ltd as trustee of Aware Super purchased a new stake in Fair Isaac during the first quarter worth about $15,686,000. Finally, Calamos Wealth Management LLC raised its position in Fair Isaac by 162.9% in the first quarter. Calamos Wealth Management LLC now owns 376 shares of the technology company’s stock worth $401,000 after acquiring an additional 233 shares during the period. Institutional investors own 85.75% of the company’s stock.
Wall Street Analysts Forecast Growth
FICO has been the topic of a number of research analyst reports. Needham & Company LLC reiterated a “buy” rating and issued a $1,650.00 target price on shares of Fair Isaac in a research note on Tuesday, June 9th. Bank of America decreased their price target 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. Jefferies Financial Group lowered their price target on shares of Fair Isaac from $1,800.00 to $1,700.00 and set a “buy” rating on the stock in a report on Monday, May 4th. Barclays dropped their price objective on 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. Finally, Wells Fargo & Company decreased their target price on 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. Ten research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $1,627.93.
Fair Isaac Trading Up 0.5%
Shares of FICO stock opened at $1,263.92 on Tuesday. The stock has a market capitalization of $29.31 billion, a P/E ratio of 40.04, a PEG ratio of 1.12 and a beta of 1.29. The firm’s 50 day moving average is $1,201.49 and its 200 day moving average is $1,255.76. Fair Isaac Corporation has a 12 month low of $870.01 and a 12 month high of $1,998.01.
Fair Isaac (NYSE:FICO – Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The technology company reported $12.50 earnings per share for the quarter, beating analysts’ consensus estimates 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 business had revenue of $691.68 million during the quarter, compared to analyst estimates of $630.21 million. During the same period in the previous year, the business earned $7.81 EPS. Fair Isaac’s 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. On average, equities analysts predict that Fair Isaac Corporation will post 38 EPS for the current 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.
Read More
- Five stocks we like better than Fair Isaac
- The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence
- Is Domino’s Stock Serving Up a Buying Opportunity?
- A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free
- Why Gold Miners Could Be the Market’s Biggest Comeback Story
Want to see what other hedge funds are holding FICO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fair Isaac Corporation (NYSE:FICO – Free Report).
Receive News & Ratings for Fair Isaac Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fair Isaac and related companies with MarketBeat.com's FREE daily email newsletter.
