6,000 Shares in Fair Isaac Corporation $FICO Acquired by Maestria Partners LLC

Maestria Partners LLC bought a new position in shares of Fair Isaac Corporation (NYSE:FICO) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 6,000 shares of the technology company’s stock, valued at approximately $10,968,000. Fair Isaac makes up approximately 3.8% of Maestria Partners LLC’s investment portfolio, making the stock its 12th biggest position.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. OFI Invest Asset Management increased its position in Fair Isaac by 57.1% during the 2nd quarter. OFI Invest Asset Management now owns 55 shares of the technology company’s stock worth $101,000 after purchasing an additional 20 shares in the last quarter. Vanguard Personalized Indexing Management LLC increased its position in Fair Isaac by 3.4% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 3,732 shares of the technology company’s stock worth $6,824,000 after purchasing an additional 121 shares in the last quarter. Tranquility Partners LLC increased its position in Fair Isaac by 51.7% during the 2nd quarter. Tranquility Partners LLC now owns 396 shares of the technology company’s stock worth $724,000 after purchasing an additional 135 shares in the last quarter. Concurrent Investment Advisors LLC increased its position in Fair Isaac by 2.7% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 305 shares of the technology company’s stock worth $558,000 after purchasing an additional 8 shares in the last quarter. Finally, Apollon Wealth Management LLC increased its position in Fair Isaac by 192.4% during the 2nd quarter. Apollon Wealth Management LLC now owns 696 shares of the technology company’s stock worth $1,272,000 after purchasing an additional 458 shares in the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on FICO shares. Wells Fargo & Company set a $2,300.00 target price on shares of Fair Isaac in a research report on Wednesday, October 1st. Barclays upped their price target on Fair Isaac from $2,000.00 to $2,400.00 and gave the stock an “overweight” rating in a report on Thursday, October 2nd. Oppenheimer decreased their price target on Fair Isaac from $2,300.00 to $1,953.00 and set an “outperform” rating for the company in a report on Thursday, July 31st. Jefferies Financial Group restated a “buy” rating on shares of Fair Isaac in a report on Thursday, July 17th. Finally, BMO Capital Markets upped their price target on Fair Isaac from $1,650.00 to $1,800.00 and gave the stock an “outperform” rating in a report on Monday, August 18th. Three investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and an average target price of $2,130.29.

Fair Isaac Trading Down 2.4%

Fair Isaac stock opened at $1,668.26 on Friday. The stock has a market cap of $40.04 billion, a P/E ratio of 65.24, a price-to-earnings-growth ratio of 1.83 and a beta of 1.35. The stock has a 50 day moving average of $1,504.63 and a 200-day moving average of $1,697.77. Fair Isaac Corporation has a 52 week low of $1,300.00 and a 52 week high of $2,402.51.

Fair Isaac (NYSE:FICO) last released its earnings results on Wednesday, July 30th. The technology company reported $8.57 EPS for the quarter, beating the consensus estimate of $7.75 by $0.82. The company had revenue of $536.42 million during the quarter, compared to analysts’ expectations of $520.40 million. Fair Isaac had a negative return on equity of 48.88% and a net margin of 32.80%.The business’s revenue was up 19.8% on a year-over-year basis. During the same period in the prior year, the business posted $6.25 EPS. Fair Isaac has set its FY 2025 guidance at 29.150-29.150 EPS. As a group, equities analysts predict that Fair Isaac Corporation will post 24.15 earnings per share for the current fiscal year.

Fair Isaac declared that its board has approved a stock buyback plan on Thursday, June 19th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the technology company to repurchase up to 2.3% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s management believes its stock is undervalued.

Insider Activity at Fair Isaac

In other news, CEO William J. Lansing sold 6,011 shares of the stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $1,537.50, for a total transaction of $9,241,912.50. Following the completion of the transaction, the chief executive officer directly owned 42,138 shares in the company, valued at approximately $64,787,175. This represents a 12.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 3.46% of the company’s stock.

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.