University of Texas Texas AM Investment Management Co. Sells 81 Shares of Fair Isaac Corporation $FICO

University of Texas Texas AM Investment Management Co. trimmed its holdings in shares of Fair Isaac Corporation (NYSE:FICO) by 3.2% during the second quarter, Holdings Channel.com reports. The institutional investor owned 2,461 shares of the technology company’s stock after selling 81 shares during the quarter. Fair Isaac accounts for approximately 0.7% of University of Texas Texas AM Investment Management Co.’s investment portfolio, making the stock its 27th biggest holding. University of Texas Texas AM Investment Management Co.’s holdings in Fair Isaac were worth $4,499,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Brighton Jones LLC increased its stake in shares of Fair Isaac by 168.7% during the 4th 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 last quarter. GAMMA Investing LLC increased its position in Fair Isaac by 55.6% in the first quarter. GAMMA Investing LLC now owns 140 shares of the technology company’s stock worth $258,000 after buying an additional 50 shares during the last quarter. Nordea Investment Management AB lifted its position in shares of Fair Isaac by 1.7% during the 2nd quarter. Nordea Investment Management AB now owns 28,240 shares of the technology company’s stock valued at $51,214,000 after buying an additional 467 shares during the last quarter. Geo Capital Gestora de Recursos Ltd bought a new position in shares of Fair Isaac during the 1st quarter worth $28,000. Finally, Fifth Third Bancorp raised its stake in Fair Isaac by 5.4% in the 2nd quarter. Fifth Third Bancorp now owns 413 shares of the technology company’s stock valued at $755,000 after acquiring an additional 21 shares during the period. Institutional investors own 85.75% of the company’s stock.

Insider Activity at Fair Isaac

In other news, CEO William J. Lansing sold 6,011 shares of the firm’s stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $1,537.50, for a total transaction of $9,241,912.50. Following the sale, the chief executive officer owned 42,138 shares in the company, valued at approximately $64,787,175. This trade represents a 12.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Over the last 90 days, insiders have sold 18,032 shares of company stock valued at $28,094,085. 3.46% of the stock is owned by corporate insiders.

Fair Isaac Stock Up 3.0%

NYSE:FICO opened at $1,664.53 on Friday. The stock has a market cap of $39.95 billion, a P/E ratio of 65.10, a PEG ratio of 1.73 and a beta of 1.35. The business’s 50-day moving average price is $1,561.44 and its two-hundred day moving average price is $1,686.51. Fair Isaac Corporation has a twelve month low of $1,300.00 and a twelve month high of $2,402.51.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings data on Wednesday, July 30th. The technology company reported $8.57 EPS for the quarter, topping the consensus estimate of $7.75 by $0.82. The company had revenue of $536.42 million during the quarter, compared to analyst estimates of $520.40 million. Fair Isaac had a negative return on equity of 48.88% and a net margin of 32.80%.Fair Isaac’s revenue was up 19.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $6.25 earnings per share. Fair Isaac has set its FY 2025 guidance at 29.150-29.150 EPS. On average, equities research analysts expect that Fair Isaac Corporation will post 24.15 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on FICO shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Fair Isaac in a research note on Saturday. Jefferies Financial Group reiterated a “buy” rating on shares of Fair Isaac in a research note on Thursday, July 17th. Raymond James Financial cut their price target on Fair Isaac from $2,230.00 to $1,800.00 and set an “outperform” rating for the company in a report on Thursday, July 31st. UBS Group boosted their price objective on Fair Isaac from $1,590.00 to $1,640.00 and gave the company a “neutral” rating in a research note on Monday, September 15th. Finally, BMO Capital Markets lifted their target price on Fair Isaac from $1,650.00 to $1,800.00 and gave the company an “outperform” rating in a report on Monday, August 18th. Three investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, Fair Isaac presently has a consensus rating of “Moderate Buy” and a consensus price target of $2,137.43.

Fair Isaac Profile

Fair Isaac Corporation develops analytic, software, and digital decisioning technologies and services that enable businesses to automate, enhance, and connect decisions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Scores and Software. The Software segment provides pre-configured analytic and decision management solution designed for various business needs or processes, such as account origination, customer management, customer engagement, fraud detection, financial crimes compliance, and marketing, as well as associated professional services.