Westfield Capital Management Co. LP Has $48.59 Million Holdings in Fair Isaac Corporation $FICO

Westfield Capital Management Co. LP lessened its position in shares of Fair Isaac Corporation (NYSE:FICO) by 23.3% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 32,468 shares of the technology company’s stock after selling 9,836 shares during the period. Westfield Capital Management Co. LP’s holdings in Fair Isaac were worth $48,589,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Westside Investment Management Inc. acquired a new stake in Fair Isaac during the 2nd quarter worth approximately $26,000. Ransom Advisory Ltd bought a new position in Fair Isaac during the 3rd quarter worth $30,000. Meeder Asset Management Inc. lifted its holdings in shares of Fair Isaac by 66.7% during the third quarter. Meeder Asset Management Inc. now owns 20 shares of the technology company’s stock worth $30,000 after buying an additional 8 shares in the last quarter. Root Financial Partners LLC bought a new stake in shares of Fair Isaac in the third quarter valued at about $30,000. Finally, Cornerstone Planning Group LLC grew its stake in shares of Fair Isaac by 280.0% in the third quarter. Cornerstone Planning Group LLC now owns 19 shares of the technology company’s stock valued at $30,000 after acquiring an additional 14 shares in the last quarter. Institutional investors own 85.75% of the company’s stock.

Fair Isaac Price Performance

Shares of FICO opened at $1,389.09 on Friday. The firm has a 50 day simple moving average of $1,520.58 and a two-hundred day simple moving average of $1,587.73. Fair Isaac Corporation has a one year low of $1,193.09 and a one year high of $2,217.60. The company has a market cap of $32.95 billion, a P/E ratio of 51.41, a P/E/G ratio of 1.25 and a beta of 1.27.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings results on Wednesday, January 28th. The technology company reported $7.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.08 by $0.25. Fair Isaac had a negative return on equity of 40.98% and a net margin of 31.89%.The company had revenue of $766.00 million for the quarter, compared to analyst estimates of $501.05 million. During the same quarter last year, the company posted $5.79 EPS. The company’s revenue for the quarter was up 16.4% compared to the same quarter last year. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. On average, analysts expect that Fair Isaac Corporation will post 24.15 earnings per share for the current fiscal year.

Fair Isaac declared that its Board of Directors has approved a share buyback plan on Wednesday, February 25th that permits the company to repurchase $1.50 billion in shares. This repurchase authorization permits the technology company to purchase up to 5.2% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board believes its shares are undervalued.

Insider Buying and Selling at Fair Isaac

In other Fair Isaac news, CFO Steven P. Weber sold 1,426 shares of the business’s stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $1,810.00, for a total transaction of $2,581,060.00. Following the completion of the transaction, the chief financial officer owned 2,804 shares of the company’s stock, valued at approximately $5,075,240. The trade was a 33.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Eva Manolis sold 521 shares of the stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $1,825.83, for a total transaction of $951,257.43. Following the completion of the transaction, the director directly owned 344 shares of the company’s stock, valued at $628,085.52. This trade represents a 60.23% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 2,305 shares of company stock worth $4,019,197 over the last 90 days. Insiders own 3.02% of the company’s stock.

Wall Street Analyst Weigh In

FICO has been the subject of several analyst reports. JPMorgan Chase & Co. lifted their price objective on shares of Fair Isaac from $1,750.00 to $1,825.00 and gave the stock a “neutral” rating in a research note on Thursday, November 6th. The Goldman Sachs Group dropped their price target on shares of Fair Isaac from $2,070.00 to $1,777.00 and set a “buy” rating for the company in a research report on Monday, February 2nd. Wells Fargo & Company boosted their price target on Fair Isaac from $2,400.00 to $2,500.00 and gave the company an “overweight” rating in a research note on Wednesday, January 14th. Zacks Research lowered Fair Isaac from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 1st. Finally, BMO Capital Markets cut their target price on Fair Isaac from $2,300.00 to $2,200.00 and set an “outperform” rating for the company in a research report on Thursday, November 6th. Nine equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, Fair Isaac currently has an average rating of “Moderate Buy” and an average price target of $1,994.62.

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.