Legal & General Group Plc Takes Position in Fair Isaac Corporation $FICO

Legal & General Group Plc acquired a new position in shares of Fair Isaac Corporation (NYSE:FICO) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 144,928 shares of the technology company’s stock, valued at approximately $173,157,000. Legal & General Group Plc owned about 0.67% of Fair Isaac as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. XXEC Inc. acquired a new stake in shares of Fair Isaac during the second quarter valued at about $33,189,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of Fair Isaac by 480,776.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,327,664 shares of the technology company’s stock valued at $5,625,815,000 after buying an additional 3,326,972 shares during the period. BlackRock Inc. bought a new position in Fair Isaac in the 2nd quarter valued at approximately $2,491,517,000. Capital World Investors raised its holdings in Fair Isaac by 10.7% in the 4th quarter. Capital World Investors now owns 894,593 shares of the technology company’s stock valued at $1,512,417,000 after buying an additional 86,200 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in Fair Isaac by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 719,120 shares of the technology company’s stock worth $1,213,620,000 after buying an additional 8,886 shares during the period. Institutional investors and hedge funds own 85.75% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on FICO shares. Royal Bank Of Canada reduced their target price on shares of Fair Isaac from $2,400.00 to $1,525.00 and set an “outperform” rating on the stock in a report on Thursday, July 30th. Wells Fargo & Company lifted their price target on shares of Fair Isaac from $1,400.00 to $1,450.00 and gave the stock an “overweight” rating in a report on Thursday, July 30th. UBS Group reduced their price objective on shares of Fair Isaac from $1,200.00 to $1,130.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 12th. Robert W. Baird set a $1,549.00 price objective on Fair Isaac in a report on Wednesday, April 29th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $1,650.00 target price on shares of Fair Isaac in a research report on Thursday, July 30th. Eleven analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $1,553.69.

Fair Isaac Price Performance

Shares of FICO stock opened at $1,132.75 on Thursday. The stock has a market capitalization of $24.47 billion, a PE ratio of 32.72, a PEG ratio of 1.02 and a beta of 1.30. The business’s 50 day simple moving average is $1,172.07 and its 200 day simple moving average is $1,177.39. Fair Isaac Corporation has a one year low of $870.01 and a one year high of $1,998.01.

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

Insider Transactions at Fair Isaac

In related news, Director Eva Manolis sold 967 shares of the business’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 transaction, the director owned 498 shares in the company, valued at $697,200. The trade was a 66.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 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.