OMERS ADMINISTRATION Corp purchased a new stake in Fair Isaac Corporation (NYSE:FICO – Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 2,808 shares of the technology company’s stock, valued at approximately $3,355,000.
Several other institutional investors and hedge funds also recently modified their holdings of FICO. Bayban bought a new stake in Fair Isaac in the 4th quarter valued at approximately $25,000. Physician Wealth Advisors Inc. grew its stake in shares of Fair Isaac by 166.7% during the 4th quarter. Physician Wealth Advisors Inc. now owns 16 shares of the technology company’s stock worth $27,000 after acquiring an additional 10 shares in the last quarter. Western Wealth Management LLC bought a new position in shares of Fair Isaac during the 1st quarter worth approximately $29,000. Torren Management LLC acquired a new stake in shares of Fair Isaac in the fourth quarter valued at approximately $30,000. Finally, Keating Financial Advisory Services Inc. bought a new stake in shares of Fair Isaac in the second quarter worth $30,000. 85.75% of the stock is owned by institutional investors and hedge funds.
Insider Activity at Fair Isaac
In other news, Director Eva Manolis sold 967 shares of the business’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $1,400.00, for a total transaction of $1,353,800.00. Following the transaction, the director directly owned 498 shares in the company, valued at $697,200. The trade was a 66.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.02% of the stock is currently owned by company insiders.
Fair Isaac Trading Down 2.4%
Fair Isaac (NYSE:FICO – Get Free Report) last issued its earnings results on Wednesday, July 29th. The technology company reported $12.18 earnings per share for the quarter, topping analysts’ consensus estimates of $11.76 by $0.42. Fair Isaac had a net margin of 34.05% and a negative return on equity of 32.51%. The business had revenue of $674.19 million for the quarter, compared to the consensus estimate of $679.17 million. The firm’s revenue for the quarter was up 25.7% on a year-over-year basis. During the same period in the previous year, the company earned $8.57 earnings per share. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. As a group, sell-side analysts predict that Fair Isaac Corporation will post 37.37 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
FICO has been the subject of several recent research reports. Raymond James Financial restated an “outperform” rating and set a $1,750.00 target price on shares of Fair Isaac in a report on Wednesday, April 29th. Robert W. Baird set a $1,549.00 price target on shares of Fair Isaac in a research report on Wednesday, April 29th. Wall Street Zen downgraded shares of Fair Isaac from a “buy” rating to a “hold” rating in a research note on Sunday, June 28th. Royal Bank Of Canada decreased their price objective on Fair Isaac from $2,400.00 to $1,525.00 and set an “outperform” rating for the company in a report on Thursday, July 30th. Finally, Weiss Ratings downgraded Fair Isaac from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, July 30th. Eleven investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $1,553.69.
View Our Latest Analysis on FICO
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.
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