Wealthfront Advisers LLC acquired a new stake in Fair Isaac Corporation (NYSE:FICO – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,629 shares of the technology company’s stock, valued at approximately $3,141,000.
Other hedge funds also recently added to or reduced their stakes in the company. Great Lakes Advisors LLC increased its position in Fair Isaac by 5.7% during the 1st quarter. Great Lakes Advisors LLC now owns 112 shares of the technology company’s stock valued at $207,000 after purchasing an additional 6 shares during the period. San Luis Wealth Advisors LLC raised its holdings in shares of Fair Isaac by 2.8% in the 3rd quarter. San Luis Wealth Advisors LLC now owns 253 shares of the technology company’s stock valued at $379,000 after purchasing an additional 7 shares in the last quarter. Interchange Capital Partners LLC lifted its position in shares of Fair Isaac by 1.0% in the 4th quarter. Interchange Capital Partners LLC now owns 812 shares of the technology company’s stock worth $1,373,000 after purchasing an additional 8 shares during the period. Pinnacle Wealth Management Advisory Group LLC boosted its stake in shares of Fair Isaac by 4.9% during the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 172 shares of the technology company’s stock valued at $291,000 after purchasing an additional 8 shares in the last quarter. Finally, Pinnacle Associates Ltd. boosted its stake in shares of Fair Isaac by 4.9% during the fourth quarter. Pinnacle Associates Ltd. now owns 172 shares of the technology company’s stock valued at $291,000 after purchasing an additional 8 shares in the last quarter. 85.75% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of equities analysts recently commented on the stock. Bank of America reduced their price objective on shares of 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. Weiss Ratings cut Fair Isaac from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, July 30th. Jefferies Financial Group set a $1,675.00 price target on Fair Isaac in a report on Monday, August 3rd. UBS Group reduced their price target on Fair Isaac from $1,200.00 to $1,130.00 and set a “neutral” rating for the company in a research report on Wednesday, August 12th. Finally, Wall Street Zen downgraded Fair Isaac from a “buy” rating to a “hold” rating in a research report on Sunday, June 28th. Eleven research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $1,553.69.
Insider Activity
In related news, Director Eva Manolis sold 967 shares of Fair Isaac 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 completion of the sale, the director owned 498 shares of the company’s stock, valued at $697,200. The trade was a 66.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.02% of the stock is currently owned by insiders.
Fair Isaac Stock Performance
Shares of FICO stock opened at $1,147.03 on Friday. Fair Isaac Corporation has a fifty-two week low of $870.01 and a fifty-two week high of $1,998.01. The firm has a market capitalization of $24.78 billion, a price-to-earnings ratio of 33.13, a PEG ratio of 1.04 and a beta of 1.30. The stock’s 50-day simple moving average is $1,173.27 and its 200-day simple moving average is $1,183.74.
Fair Isaac (NYSE:FICO – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The technology company reported $12.18 EPS for the quarter, beating the consensus estimate of $11.76 by $0.42. The firm had revenue of $674.19 million during 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%. Fair Isaac’s revenue was up 25.7% on a year-over-year basis. During the same period last year, the firm posted $8.57 EPS. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. As a group, equities analysts forecast that Fair Isaac Corporation will post 37.37 earnings per share for the current year.
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.
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