Private Trust Co. NA Purchases 9 Shares of Fair Isaac Corporation $FICO

Private Trust Co. NA boosted its position in Fair Isaac Corporation (NYSE:FICO) by 33.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 36 shares of the technology company’s stock after acquiring an additional 9 shares during the period. Private Trust Co. NA’s holdings in Fair Isaac were worth $66,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Angeles Wealth Management LLC bought a new position in Fair Isaac in the second quarter valued at about $239,000. Nordea Investment Management AB boosted its holdings in Fair Isaac by 1.7% in the second quarter. Nordea Investment Management AB now owns 28,240 shares of the technology company’s stock valued at $51,214,000 after acquiring an additional 467 shares during the last quarter. Barlow Wealth Partners Inc. boosted its holdings in Fair Isaac by 1.7% in the second quarter. Barlow Wealth Partners Inc. now owns 4,857 shares of the technology company’s stock valued at $8,951,000 after acquiring an additional 80 shares during the last quarter. Rheos Capital Works Inc. bought a new position in Fair Isaac in the second quarter valued at about $22,118,000. Finally, Dock Street Asset Management Inc. boosted its holdings in Fair Isaac by 0.8% in the second quarter. Dock Street Asset Management Inc. now owns 15,009 shares of the technology company’s stock valued at $27,436,000 after acquiring an additional 115 shares during the last quarter. Institutional investors own 85.75% of the company’s stock.

Insider Buying and Selling at Fair Isaac

In other news, CEO William J. Lansing sold 6,011 shares of Fair Isaac stock in a transaction dated 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 transaction, the chief executive officer owned 42,138 shares in the company, valued at $64,787,175. The trade was a 12.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In the last quarter, insiders sold 18,032 shares of company stock worth $28,094,085. Insiders own 3.46% of the company’s stock.

Fair Isaac Price Performance

NYSE:FICO opened at $1,612.42 on Friday. Fair Isaac Corporation has a fifty-two week low of $1,300.00 and a fifty-two week high of $2,402.51. The stock has a market capitalization of $38.70 billion, a PE ratio of 63.06, a price-to-earnings-growth ratio of 1.67 and a beta of 1.35. The business’s 50-day simple moving average is $1,554.99 and its 200-day simple moving average is $1,686.42.

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

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Griffin Securities set a $1,800.00 price target on Fair Isaac in a report on Monday, August 18th. Barclays raised their target price 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. Weiss Ratings restated a “hold (c)” rating on shares of Fair Isaac in a report on Wednesday, October 8th. Jefferies Financial Group restated a “buy” rating on shares of Fair Isaac in a report on Thursday, July 17th. Finally, Seaport Res Ptn upgraded Fair Isaac to a “strong-buy” rating in a report on Wednesday, October 1st. Three analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $2,137.43.

About Fair Isaac

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.