8,124 Shares in Fair Isaac Corporation $FICO Bought by Cornerstone Advisors LLC

Cornerstone Advisors LLC bought a new stake in Fair Isaac Corporation (NYSE:FICO) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 8,124 shares of the technology company’s stock, valued at approximately $9,706,000.

Other hedge funds have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Fair Isaac by 480,776.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,327,664 shares of the technology company’s stock worth $5,625,815,000 after acquiring an additional 3,326,972 shares during the last quarter. BlackRock Inc. purchased a new position in Fair Isaac in the second quarter worth $2,491,517,000. Capital World Investors increased its stake in Fair Isaac by 10.7% in the fourth quarter. Capital World Investors now owns 894,593 shares of the technology company’s stock valued at $1,512,417,000 after acquiring an additional 86,200 shares during the last quarter. Geode Capital Management LLC increased its stake in Fair Isaac by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 719,120 shares of the technology company’s stock valued at $1,213,620,000 after acquiring an additional 8,886 shares during the last quarter. Finally, Morgan Stanley raised its position in Fair Isaac by 2.3% during the fourth quarter. Morgan Stanley now owns 499,836 shares of the technology company’s stock valued at $845,037,000 after purchasing an additional 11,363 shares in the last quarter. 85.75% of the stock is currently owned by institutional investors.

Insider Activity

In related news, Director Eva Manolis sold 967 shares of the business’s stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $1,400.00, for a total transaction of $1,353,800.00. Following the transaction, the director owned 498 shares in the company, valued at $697,200. The trade was a 66.01% decrease in their position. The sale 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 owned by insiders.

Fair Isaac Stock Down 1.9%

NYSE:FICO opened at $1,065.02 on Tuesday. The company has a fifty day moving average of $1,178.18 and a 200 day moving average of $1,191.52. Fair Isaac Corporation has a 52 week low of $870.01 and a 52 week high of $1,998.01. The firm has a market capitalization of $23.00 billion, a P/E ratio of 30.76, a P/E/G ratio of 0.97 and a beta of 1.30.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings results on Wednesday, July 29th. The technology company reported $12.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $11.76 by $0.42. The business had revenue of $674.19 million for the quarter, compared to analyst estimates of $679.17 million. Fair Isaac had a net margin of 34.05% and a negative return on equity of 32.51%. The company’s revenue was up 25.7% on a year-over-year basis. During the same quarter last year, the firm earned $8.57 EPS. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. As a group, analysts anticipate that Fair Isaac Corporation will post 37.37 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on FICO. Raymond James Financial reiterated an “outperform” rating and issued a $1,750.00 price objective on shares of Fair Isaac in a report on Wednesday, April 29th. Weiss Ratings cut Fair Isaac from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, July 30th. Bank of America cut their target price on 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. Barclays reduced their price target on shares of Fair Isaac from $1,950.00 to $1,700.00 and set an “overweight” rating on the stock in a research report on Monday, August 10th. Finally, Wall Street Zen downgraded shares of Fair Isaac from a “buy” rating to a “hold” rating in a research note on Sunday, June 28th. Eleven investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Fair Isaac presently has an average rating of “Moderate Buy” and an average target price of $1,553.69.

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.