Legal & General Group Plc Sells 2,577 Shares of Fair Isaac Corporation $FICO

Legal & General Group Plc decreased its holdings in shares of Fair Isaac Corporation (NYSE:FICO) by 1.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 158,285 shares of the technology company’s stock after selling 2,577 shares during the period. Legal & General Group Plc’s holdings in Fair Isaac were worth $267,600,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. New Age Alpha Advisors LLC increased its stake in shares of Fair Isaac by 119.3% during the fourth quarter. New Age Alpha Advisors LLC now owns 2,891 shares of the technology company’s stock valued at $4,888,000 after purchasing an additional 1,573 shares in the last quarter. Simplify Asset Management Inc. bought a new position in shares of Fair Isaac during the fourth quarter valued at approximately $203,000. Catalyst Funds Management Pty Ltd bought a new position in shares of Fair Isaac during the fourth quarter valued at approximately $321,000. Coldstream Capital Management Inc. increased its stake in shares of Fair Isaac by 3.9% during the fourth quarter. Coldstream Capital Management Inc. now owns 1,216 shares of the technology company’s stock valued at $2,056,000 after purchasing an additional 46 shares in the last quarter. Finally, St. Louis Trust Co bought a new stake in shares of Fair Isaac during the fourth quarter valued at approximately $1,065,000. Institutional investors own 85.75% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on FICO shares. Needham & Company LLC reduced their price target on shares of Fair Isaac from $1,975.00 to $1,650.00 and set a “buy” rating for the company in a research report on Wednesday, April 29th. UBS Group reduced their price target on shares of Fair Isaac from $1,200.00 to $1,150.00 and set a “neutral” rating for the company in a research report on Thursday, April 23rd. JPMorgan Chase & Co. reduced their price target on shares of Fair Isaac from $1,325.00 to $1,225.00 and set a “neutral” rating for the company in a research report on Thursday, April 30th. The Goldman Sachs Group reduced their price target 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, Barclays reduced their price target on shares of Fair Isaac from $2,400.00 to $1,950.00 and set an “overweight” rating for the company in a research report on Friday, April 10th. Ten analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, Fair Isaac presently has a consensus rating of “Moderate Buy” and an average target price of $1,619.36.

Fair Isaac Trading Up 1.5%

Shares of FICO stock opened at $1,258.07 on Wednesday. Fair Isaac Corporation has a 12-month low of $870.01 and a 12-month high of $1,998.01. The firm’s 50 day moving average is $1,085.45 and its 200 day moving average is $1,408.03. The stock has a market capitalization of $29.18 billion, a P/E ratio of 39.85, a P/E/G ratio of 1.10 and a beta of 1.24.

Fair Isaac (NYSE:FICO) last issued its earnings results on Tuesday, April 28th. The technology company reported $12.50 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $691.68 million for the quarter, compared to analysts’ expectations of $630.21 million. During the same quarter last year, the company posted $7.81 earnings per share. The firm’s quarterly revenue was up 38.7% on a year-over-year basis. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. As a group, equities analysts predict that Fair Isaac Corporation will post 37.99 earnings per share for the current year.

Fair Isaac declared that its Board of Directors has authorized a stock buyback program on Wednesday, February 25th that allows the company to buyback $1.50 billion in outstanding shares. This buyback authorization allows the technology company to reacquire up to 5.2% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board of directors believes its stock is undervalued.

Fair Isaac Company 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.