Oppenheimer Asset Management Inc. boosted its position in Fair Isaac Corporation (NYSE:FICO – Free Report) by 24.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,244 shares of the technology company’s stock after purchasing an additional 835 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Fair Isaac were worth $7,175,000 at the end of the most recent quarter.
A number of other institutional investors have also added to or reduced their stakes in FICO. Physician Wealth Advisors Inc. increased its holdings in shares of Fair Isaac by 166.7% during the fourth quarter. Physician Wealth Advisors Inc. now owns 16 shares of the technology company’s stock valued at $27,000 after acquiring an additional 10 shares in the last quarter. Torren Management LLC bought a new position in shares of Fair Isaac during the fourth quarter valued at $30,000. Cornerstone Planning Group LLC increased its holdings in shares of Fair Isaac by 280.0% during the third quarter. Cornerstone Planning Group LLC now owns 19 shares of the technology company’s stock valued at $30,000 after acquiring an additional 14 shares in the last quarter. Meeder Asset Management Inc. increased its holdings in shares of Fair Isaac by 66.7% during the third quarter. Meeder Asset Management Inc. now owns 20 shares of the technology company’s stock valued at $30,000 after acquiring an additional 8 shares in the last quarter. Finally, Root Financial Partners LLC bought a new position in shares of Fair Isaac during the third quarter valued at $30,000. Institutional investors own 85.75% of the company’s stock.
Analyst Ratings Changes
FICO has been the subject of several analyst reports. Barclays reduced their price target on Fair Isaac from $2,400.00 to $1,950.00 and set an “overweight” rating for the company in a report on Friday, April 10th. JPMorgan Chase & Co. reduced their price target on Fair Isaac from $1,325.00 to $1,225.00 and set a “neutral” rating for the company in a report on Thursday. Bank of America initiated coverage on Fair Isaac in a report on Tuesday, February 17th. They set a “buy” rating and a $1,900.00 price target for the company. Wells Fargo & Company reduced their price target on Fair Isaac from $1,650.00 to $1,400.00 and set an “overweight” rating for the company in a report on Thursday. Finally, UBS Group reduced their price objective on Fair Isaac from $1,200.00 to $1,150.00 and set a “neutral” rating for the company in a report on Thursday, April 23rd. Ten analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,690.79.
Fair Isaac Stock Performance
NYSE FICO opened at $1,035.24 on Friday. Fair Isaac Corporation has a one year low of $870.01 and a one year high of $2,217.60. The stock has a 50-day moving average of $1,144.59 and a 200 day moving average of $1,462.79. The company has a market capitalization of $24.01 billion, a price-to-earnings ratio of 32.79, a PEG ratio of 1.00 and a beta of 1.24.
Fair Isaac (NYSE:FICO – Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The technology company reported $12.50 EPS for the quarter, topping 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 company had revenue of $691.68 million during the quarter, compared to the consensus estimate of $630.21 million. During the same period last year, the company earned $7.81 EPS. Fair Isaac’s revenue for the quarter was up 38.7% on a year-over-year basis. 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 37.99 earnings per share for the current fiscal year.
Fair Isaac declared that its Board of Directors has initiated a stock repurchase program on Wednesday, February 25th that permits the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization permits the technology company to repurchase up to 5.2% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s board believes its stock is undervalued.
Insider Activity
In related news, Director Eva Manolis sold 520 shares of Fair Isaac stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $1,227.63, for a total value of $638,367.60. Following the completion of the sale, the director directly owned 344 shares in the company, valued at approximately $422,304.72. This trade represents a 60.19% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Joanna Rees sold 358 shares of the firm’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $1,360.00, for a total value of $486,880.00. Following the completion of the transaction, the director directly owned 11,204 shares in the company, valued at $15,237,440. The trade was a 3.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 3.02% of the stock is currently owned by company insiders.
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.
See Also
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