Koshinski Asset Management Inc. Purchases 34 Shares of Fair Isaac Corporation $FICO

Koshinski Asset Management Inc. lifted its position in Fair Isaac Corporation (NYSE:FICO) by 8.5% in the second quarter, HoldingsChannel.com reports. The firm owned 432 shares of the technology company’s stock after purchasing an additional 34 shares during the quarter. Koshinski Asset Management Inc.’s holdings in Fair Isaac were worth $790,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. ORG Partners LLC bought a new stake in Fair Isaac during the second quarter valued at about $27,000. Hilltop National Bank bought a new stake in Fair Isaac during the 2nd quarter valued at approximately $27,000. Geo Capital Gestora de Recursos Ltd purchased a new position in Fair Isaac in the 1st quarter worth approximately $28,000. N.E.W. Advisory Services LLC bought a new position in Fair Isaac in the 1st quarter worth approximately $30,000. Finally, Meeder Asset Management Inc. grew its holdings in Fair Isaac by 41.7% during the 1st quarter. Meeder Asset Management Inc. now owns 17 shares of the technology company’s stock valued at $31,000 after buying an additional 5 shares in the last quarter. Institutional investors own 85.75% of the company’s stock.

Analysts Set New Price Targets

FICO has been the topic of several research analyst reports. Needham & Company LLC reissued a “buy” rating and issued a $1,950.00 target price on shares of Fair Isaac in a report on Thursday, October 2nd. Seaport Res Ptn upgraded shares of Fair Isaac to a “strong-buy” rating in a research note on Wednesday, October 1st. Raymond James Financial cut their price objective on Fair Isaac from $2,230.00 to $1,800.00 and set an “outperform” rating for the company in a research report on Thursday, July 31st. Weiss Ratings reiterated a “hold (c)” rating on shares of Fair Isaac in a research report on Wednesday, October 8th. Finally, Oppenheimer lowered Fair Isaac from an “outperform” rating to a “market perform” rating in a research note on Monday, October 13th. Three analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $2,137.43.

Fair Isaac Trading Down 0.4%

Shares of NYSE FICO opened at $1,614.22 on Monday. Fair Isaac Corporation has a 12-month low of $1,300.00 and a 12-month high of $2,402.51. The firm’s 50-day moving average price is $1,533.05 and its 200-day moving average price is $1,689.10. The stock has a market capitalization of $38.74 billion, a price-to-earnings ratio of 63.13, a P/E/G ratio of 1.74 and a beta of 1.35.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings data on Wednesday, July 30th. The technology company reported $8.57 earnings per share for the quarter, topping the consensus estimate of $7.75 by $0.82. The company had revenue of $536.42 million for 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 firm’s revenue for the quarter was up 19.8% on a year-over-year basis. During the same period in the previous year, the firm posted $6.25 earnings per share. Fair Isaac has set its FY 2025 guidance at 29.150-29.150 EPS. On average, equities analysts predict that Fair Isaac Corporation will post 24.15 EPS for the current fiscal year.

Insider Transactions at Fair Isaac

In related news, CEO William J. Lansing sold 4,942 shares of the firm’s stock in a transaction on Tuesday, October 14th. The stock was sold at an average price of $1,631.34, for a total value of $8,062,082.28. Following the completion of the sale, the chief executive officer directly owned 43,207 shares in the company, valued at $70,485,307.38. This trade represents a 10.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold 18,032 shares of company stock valued at $28,094,085 in the last ninety days. 3.46% of the stock is owned by company insiders.

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.