Fair Isaac Corporation $FICO Shares Acquired by AG2R LA Mondiale Gestion D Actifs

AG2R LA Mondiale Gestion D Actifs lifted its holdings in shares of Fair Isaac Corporation (NYSE:FICO) by 2.3% during the 2nd quarter, Holdings Channel reports. The firm owned 1,002 shares of the technology company’s stock after buying an additional 23 shares during the period. AG2R LA Mondiale Gestion D Actifs’ holdings in Fair Isaac were worth $1,832,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Vanguard Group Inc. raised its holdings in Fair Isaac by 2.0% in the first quarter. Vanguard Group Inc. now owns 2,962,434 shares of the technology company’s stock valued at $5,463,202,000 after acquiring an additional 58,740 shares in the last quarter. Price T Rowe Associates Inc. MD raised its holdings in Fair Isaac by 0.4% in the first quarter. Price T Rowe Associates Inc. MD now owns 823,574 shares of the technology company’s stock valued at $1,518,803,000 after acquiring an additional 3,677 shares in the last quarter. Principal Financial Group Inc. raised its holdings in Fair Isaac by 7.3% in the first quarter. Principal Financial Group Inc. now owns 391,823 shares of the technology company’s stock valued at $722,585,000 after acquiring an additional 26,811 shares in the last quarter. American Century Companies Inc. raised its holdings in Fair Isaac by 4.7% in the first quarter. American Century Companies Inc. now owns 386,618 shares of the technology company’s stock valued at $712,985,000 after acquiring an additional 17,498 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Fair Isaac by 29.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 316,780 shares of the technology company’s stock valued at $584,193,000 after acquiring an additional 72,518 shares in the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Fair Isaac Trading Up 3.0%

FICO stock opened at $1,664.53 on Friday. Fair Isaac Corporation has a twelve month low of $1,300.00 and a twelve month high of $2,402.51. The company’s 50 day moving average is $1,561.44 and its two-hundred day moving average is $1,686.51. The stock has a market cap of $39.95 billion, a P/E ratio of 65.10, a PEG ratio of 1.73 and a beta of 1.35.

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, topping analysts’ consensus estimates of $7.75 by $0.82. Fair Isaac had a net margin of 32.80% and a negative return on equity of 48.88%. The company had revenue of $536.42 million for the quarter, compared to analysts’ expectations of $520.40 million. During the same quarter last year, the company earned $6.25 earnings per share. The firm’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, equities research analysts predict that Fair Isaac Corporation will post 24.15 earnings per share for the current year.

Wall Street Analyst Weigh In

FICO has been the topic of several analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Fair Isaac in a report on Saturday. Wells Fargo & Company raised their target price on shares of Fair Isaac from $2,300.00 to $2,400.00 and gave the company an “overweight” rating in a report on Tuesday, October 14th. BMO Capital Markets raised their target price on shares of Fair Isaac from $1,650.00 to $1,800.00 and gave the company an “outperform” rating in a report on Monday, August 18th. Seaport Res Ptn raised shares of Fair Isaac to a “strong-buy” rating in a report on Wednesday, October 1st. Finally, UBS Group raised their target price on shares of Fair Isaac from $1,590.00 to $1,640.00 and gave the company a “neutral” rating in a report on Monday, September 15th. Three investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $2,137.43.

Insider Activity

In other news, CEO William J. Lansing sold 6,011 shares of the firm’s stock in a transaction that occurred on Tuesday, September 9th. The shares were 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 directly owned 42,138 shares in the company, valued at approximately $64,787,175. This trade represents a 12.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have sold 18,032 shares of company stock worth $28,094,085 in the last 90 days. Company insiders own 3.46% of the company’s stock.

Fair Isaac Company 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.