National Pension Service boosted its stake in shares of Fair Isaac Corporation (NYSE:FICO – Free Report) by 14.0% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 42,022 shares of the technology company’s stock after acquiring an additional 5,147 shares during the period. National Pension Service owned about 0.19% of Fair Isaac worth $50,207,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Great Lakes Advisors LLC increased its stake in shares of Fair Isaac by 5.7% during the first quarter. Great Lakes Advisors LLC now owns 112 shares of the technology company’s stock worth $207,000 after purchasing an additional 6 shares in the last quarter. San Luis Wealth Advisors LLC lifted its stake in Fair Isaac by 2.8% in the 3rd quarter. San Luis Wealth Advisors LLC now owns 253 shares of the technology company’s stock valued at $379,000 after buying an additional 7 shares in the last quarter. Pinnacle Associates Ltd. lifted its stake in Fair Isaac by 4.9% in the 4th quarter. Pinnacle Associates Ltd. now owns 172 shares of the technology company’s stock valued at $291,000 after buying an additional 8 shares in the last quarter. Canopy Partners LLC boosted its holdings in Fair Isaac by 2.3% in the 4th quarter. Canopy Partners LLC now owns 363 shares of the technology company’s stock worth $614,000 after buying an additional 8 shares during the last quarter. Finally, UMB Bank n.a. boosted its holdings in Fair Isaac by 6.6% in the 4th quarter. UMB Bank n.a. now owns 130 shares of the technology company’s stock worth $220,000 after buying an additional 8 shares during the last quarter. 85.75% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling
In related news, Director Eva Manolis sold 967 shares of Fair Isaac stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $1,400.00, for a total transaction of $1,353,800.00. Following the transaction, the director owned 498 shares in the company, valued at approximately $697,200. This trade represents a 66.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 3.02% of the company’s stock.
Fair Isaac Trading Up 2.6%
Fair Isaac (NYSE:FICO – Get Free Report) last released its earnings results on Wednesday, July 29th. The technology company reported $12.18 earnings per share for the quarter, topping analysts’ consensus estimates of $11.76 by $0.42. The business had revenue of $674.19 million for the quarter, compared to analyst estimates 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 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, sell-side analysts forecast that Fair Isaac Corporation will post 37.04 EPS for the current fiscal year.
Analyst Ratings Changes
A number of equities analysts have commented on the company. Royal Bank Of Canada reduced their target price on Fair Isaac from $2,400.00 to $1,525.00 and set an “outperform” rating for the company in a report on Thursday, July 30th. Raymond James Financial reaffirmed an “outperform” rating on shares of Fair Isaac in a research note on Wednesday. UBS Group dropped 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 report on Wednesday, August 12th. Jefferies Financial Group set a $1,675.00 price objective on Fair Isaac in a research note on Monday, August 3rd. Finally, Wells Fargo & Company raised their price objective on Fair Isaac from $1,400.00 to $1,450.00 and gave the company an “overweight” rating in a report on Thursday, July 30th. Eleven investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,553.69.
Read Our Latest Analysis on Fair Isaac
Fair Isaac Profile
Fair Isaac Corp. (NYSE:FICO), commonly known as FICO, is an analytics and decision-management software company best known for developing the FICO Score. The company’s scoring and predictive analytics products help lenders and other businesses evaluate credit risk, manage customer relationships and make data-driven decisions.
FICO provides software and services for a range of industries, including banking, insurance, telecommunications, retail and government. Its offerings include credit scoring solutions, fraud detection and prevention tools, customer engagement platforms, marketing analytics, and decision automation software designed to help organizations manage risk and improve operational efficiency.
The company was founded in 1956 by Bill Fair and Earl Isaac and originally operated as Fair, Isaac and Company.
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