Cibc World Market Inc. Sells 1,465 Shares of Fair Isaac Corporation $FICO

Cibc World Market Inc. trimmed its position in shares of Fair Isaac Corporation (NYSE:FICO) by 44.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,829 shares of the technology company’s stock after selling 1,465 shares during the quarter. Cibc World Market Inc.’s holdings in Fair Isaac were worth $3,092,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FICO. Physician Wealth Advisors Inc. boosted its position 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 worth $27,000 after purchasing an additional 10 shares in the last quarter. Torren Management LLC bought a new position in shares of Fair Isaac during the fourth quarter worth $30,000. Elyxium Wealth LLC bought a new position in shares of Fair Isaac during the fourth quarter worth $42,000. Rakuten Securities Inc. boosted its position in shares of Fair Isaac by 100.0% during the second quarter. Rakuten Securities Inc. now owns 24 shares of the technology company’s stock worth $44,000 after purchasing an additional 12 shares in the last quarter. Finally, JPL Wealth Management LLC bought a new position in shares of Fair Isaac during the third quarter worth $46,000. 85.75% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms recently commented on FICO. Wall Street Zen cut shares of Fair Isaac from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. UBS Group cut their price objective on shares of Fair Isaac from $1,200.00 to $1,150.00 and set a “neutral” rating on the stock in a research report on Thursday, April 23rd. Jefferies Financial Group cut their price objective on shares of Fair Isaac from $1,800.00 to $1,700.00 and set a “buy” rating on the stock in a research report on Monday, May 4th. Wells Fargo & Company cut their price objective on shares of Fair Isaac from $1,650.00 to $1,400.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. Finally, Needham & Company LLC cut their price objective on shares of Fair Isaac from $1,975.00 to $1,650.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. Ten research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, Fair Isaac has a consensus rating of “Moderate Buy” and a consensus target price of $1,619.36.

Fair Isaac Trading Up 6.4%

Shares of FICO stock opened at $1,209.92 on Tuesday. Fair Isaac Corporation has a 1 year low of $870.01 and a 1 year high of $1,998.01. The firm’s fifty day moving average price is $1,107.87 and its two-hundred day moving average price is $1,375.28. The firm has a market capitalization of $28.06 billion, a P/E ratio of 38.33, a PEG ratio of 1.00 and a beta of 1.28.

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. The firm had revenue of $691.68 million for the quarter, compared to analyst estimates of $630.21 million. Fair Isaac had a net margin of 33.67% and a negative return on equity of 41.04%. The company’s revenue was up 38.7% compared to the same quarter last year. During the same period in the previous year, the business earned $7.81 EPS. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. As a group, equities research analysts forecast that Fair Isaac Corporation will post 38.06 EPS for the current fiscal year.

Fair Isaac declared that its board has authorized a stock repurchase program on Wednesday, February 25th that permits the company to buyback $1.50 billion in outstanding shares. This buyback authorization permits the technology company to purchase 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 shares are undervalued.

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.