TimesSquare Capital Management LLC Invests $23.96 Million in Fair Isaac Corporation $FICO

TimesSquare Capital Management LLC bought a new stake in Fair Isaac Corporation (NYSE:FICO) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 20,054 shares of the technology company’s stock, valued at approximately $23,960,000.

Several other institutional investors also recently bought and sold shares of the stock. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Fair Isaac during the 2nd quarter worth approximately $67,760,000. Plato Investment Management Ltd bought a new stake in Fair Isaac in the second quarter valued at approximately $492,000. Global Retirement Partners LLC bought a new stake in Fair Isaac in the second quarter valued at approximately $274,000. Bank of New York Mellon Corp purchased a new stake in shares of Fair Isaac during the second quarter valued at approximately $152,357,000. Finally, Clearstead Trust LLC purchased a new stake in shares of Fair Isaac during the second quarter valued at approximately $100,000. 85.75% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Fair Isaac

In related news, Director Eva Manolis sold 967 shares of the business’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $1,400.00, for a total transaction of $1,353,800.00. Following 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 legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.02% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research analysts recently commented on FICO shares. Robert W. Baird set a $1,549.00 target price on shares of Fair Isaac in a research note on Wednesday, April 29th. UBS Group dropped their price target on shares of 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. Weiss Ratings lowered shares of Fair Isaac from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, July 30th. Wall Street Zen cut shares of Fair Isaac from a “buy” rating to a “hold” rating in a research report on Sunday, June 28th. Finally, Raymond James Financial reaffirmed an “outperform” rating and set a $1,750.00 price objective on shares of Fair Isaac in a research note on Wednesday, April 29th. Eleven research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, Fair Isaac has a consensus rating of “Moderate Buy” and an average price target of $1,553.69.

Fair Isaac Price Performance

Shares of FICO opened at $1,065.02 on Tuesday. Fair Isaac Corporation has a one year low of $870.01 and a one year high of $1,998.01. The company has a 50-day simple moving average of $1,178.18 and a two-hundred day simple moving average of $1,191.52. The firm has a market capitalization of $23.00 billion, a PE ratio of 30.76, a price-to-earnings-growth ratio of 0.97 and a beta of 1.30.

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

About Fair Isaac

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.