Forsta AP Fonden Boosts Stock Position in Fair Isaac Corporation $FICO

Forsta AP Fonden raised its holdings in Fair Isaac Corporation (NYSE:FICO) by 39.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,900 shares of the technology company’s stock after purchasing an additional 2,500 shares during the period. Forsta AP Fonden’s holdings in Fair Isaac were worth $16,269,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Meeder Asset Management Inc. raised its holdings in Fair Isaac by 41.7% in the first quarter. Meeder Asset Management Inc. now owns 17 shares of the technology company’s stock valued at $31,000 after acquiring an additional 5 shares in the last quarter. Baker Avenue Asset Management LP grew its holdings in Fair Isaac by 4.6% during the 1st quarter. Baker Avenue Asset Management LP now owns 113 shares of the technology company’s stock worth $209,000 after acquiring an additional 5 shares in the last quarter. Forum Financial Management LP increased its position in shares of Fair Isaac by 2.2% in the 1st quarter. Forum Financial Management LP now owns 275 shares of the technology company’s stock worth $507,000 after purchasing an additional 6 shares during the last quarter. Ironwood Investment Counsel LLC raised its stake in shares of Fair Isaac by 5.8% in the 1st quarter. Ironwood Investment Counsel LLC now owns 109 shares of the technology company’s stock valued at $201,000 after purchasing an additional 6 shares in the last quarter. Finally, MAI Capital Management lifted its position in shares of Fair Isaac by 11.8% during the first quarter. MAI Capital Management now owns 57 shares of the technology company’s stock worth $105,000 after purchasing an additional 6 shares during the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Fair Isaac Trading Down 1.1%

Shares of NYSE:FICO opened at $1,777.68 on Thursday. The firm’s 50 day moving average is $1,623.16 and its two-hundred day moving average is $1,665.28. The firm has a market capitalization of $42.15 billion, a P/E ratio of 69.52, a PEG ratio of 1.63 and a beta of 1.34. 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 issued its quarterly earnings data on Wednesday, November 5th. The technology company reported $7.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $7.36 by $0.38. Fair Isaac had a negative return on equity of 48.88% and a net margin of 32.80%.The business had revenue of $515.75 million during the quarter, compared to analyst estimates of $512.38 million. During the same period in the prior year, the company posted $6.54 EPS. The business’s revenue for the quarter was up 13.6% compared to the same quarter last year. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. Analysts predict that Fair Isaac Corporation will post 24.15 EPS for the current year.

Analysts Set New Price Targets

FICO has been the subject of several research analyst reports. Wells Fargo & Company boosted their price objective on Fair Isaac from $2,300.00 to $2,400.00 and gave the company an “overweight” rating in a report on Tuesday, October 14th. JPMorgan Chase & Co. upped their price target on Fair Isaac from $1,750.00 to $1,825.00 and gave the company a “neutral” rating in a research report on Thursday, November 6th. Oppenheimer cut Fair Isaac from an “outperform” rating to a “market perform” rating in a research note on Monday, October 13th. BMO Capital Markets lowered their target price on shares of Fair Isaac from $2,300.00 to $2,200.00 and set an “outperform” rating for the company in a research note on Thursday, November 6th. Finally, Robert W. Baird raised their price target on shares of Fair Isaac from $1,900.00 to $1,960.00 and gave the stock an “outperform” rating in a research report on Thursday, November 6th. Three investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $2,118.50.

Insider Buying and Selling at Fair Isaac

In related news, CEO William J. Lansing sold 2,400 shares of the company’s stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $1,732.88, for a total value of $4,158,912.00. Following the completion of the sale, the chief executive officer owned 10,933 shares of the company’s stock, valued at $18,945,577.04. This represents a 18.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders have sold 20,432 shares of company stock worth $32,252,997 in the last quarter. 3.46% of the stock is owned by 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.