Saudi Central Bank Buys 744 Shares of Fair Isaac Corporation $FICO

Saudi Central Bank lifted its stake in Fair Isaac Corporation (NYSE:FICO) by 85.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,619 shares of the technology company’s stock after purchasing an additional 744 shares during the period. Saudi Central Bank’s holdings in Fair Isaac were worth $1,934,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Canada Pension Plan Investment Board bought a new position in Fair Isaac in the second quarter valued at approximately $1,737,000. Bank of America Corp DE boosted its position in shares of Fair Isaac by 5.7% in the 1st quarter. Bank of America Corp DE now owns 133,448 shares of the technology company’s stock worth $142,461,000 after purchasing an additional 7,154 shares during the last quarter. Soltis Investment Advisors LLC bought a new position in shares of Fair Isaac in the 4th quarter worth $2,379,000. Brighton Jones LLC grew its stake in shares of Fair Isaac by 168.7% during the fourth quarter. Brighton Jones LLC now owns 481 shares of the technology company’s stock worth $958,000 after purchasing an additional 302 shares during the period. Finally, Titan Global Capital Management USA LLC grew its stake in shares of Fair Isaac by 42.6% during the fourth quarter. Titan Global Capital Management USA LLC now owns 7,993 shares of the technology company’s stock worth $13,513,000 after purchasing an additional 2,387 shares during the period. Institutional investors own 85.75% of the company’s stock.

Fair Isaac Price Performance

NYSE:FICO opened at $931.63 on Tuesday. The business’s 50-day simple moving average is $1,164.45 and its 200-day simple moving average is $1,161.58. Fair Isaac Corporation has a fifty-two week low of $870.01 and a fifty-two week high of $1,998.01. The stock has a market capitalization of $20.12 billion, a PE ratio of 26.91, a price-to-earnings-growth ratio of 0.84 and a beta of 1.32.

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

Analyst Ratings Changes

Several equities analysts have weighed in on FICO shares. Royal Bank Of Canada cut their target price on Fair Isaac from $2,400.00 to $1,525.00 and set an “outperform” rating on the stock in a research note on Thursday, July 30th. UBS Group lowered 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 note on Wednesday, August 12th. Needham & Company LLC reiterated a “buy” rating and issued a $1,650.00 price target on shares of Fair Isaac in a research report on Thursday, July 30th. Barclays reduced their price objective on shares of Fair Isaac from $1,950.00 to $1,700.00 and set an “overweight” rating on the stock in a research note on Monday, August 10th. Finally, Bank of America lowered their target price 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. Eleven research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, Fair Isaac presently has an average rating of “Moderate Buy” and a consensus price target of $1,553.69.

Insider Buying and Selling

In related news, Director Eva Manolis sold 967 shares of the company’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $1,400.00, for a total value of $1,353,800.00. Following the completion of the transaction, the director directly owned 498 shares of the company’s stock, valued at approximately $697,200. This represents a 66.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 3.02% of the company’s stock.

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.