Fair Isaac Corporation $FICO Holdings Raised by Candriam S.C.A.

Candriam S.C.A. increased its position in shares of Fair Isaac Corporation (NYSE:FICO) by 53.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,166 shares of the technology company’s stock after purchasing an additional 3,540 shares during the quarter. Candriam S.C.A.’s holdings in Fair Isaac were worth $18,584,000 at the end of the most recent reporting period.

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

Fair Isaac Stock Down 2.2%

Shares of NYSE FICO opened at $1,738.32 on Friday. The stock has a market cap of $41.21 billion, a P/E ratio of 67.98, a P/E/G ratio of 1.63 and a beta of 1.34. The firm’s 50-day simple moving average is $1,627.55 and its 200 day simple moving average is $1,665.79. Fair Isaac Corporation has a fifty-two week low of $1,300.00 and a fifty-two week high of $2,400.00.

Fair Isaac (NYSE:FICO) last announced its earnings results on Wednesday, November 5th. The technology company reported $7.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.36 by $0.38. Fair Isaac had a net margin of 32.80% and a negative return on equity of 48.88%. The firm had revenue of $515.75 million during the quarter, compared to analyst estimates of $512.38 million. During the same quarter in the prior year, the firm posted $6.54 EPS. Fair Isaac’s revenue 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. On average, sell-side analysts anticipate that Fair Isaac Corporation will post 24.15 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently commented on FICO. JPMorgan Chase & Co. upped their target price on Fair Isaac from $1,750.00 to $1,825.00 and gave the company a “neutral” rating in a report on Thursday, November 6th. Wells Fargo & Company upped their price objective on Fair Isaac from $2,300.00 to $2,400.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 14th. Jefferies Financial Group cut their target price on Fair Isaac from $2,150.00 to $2,100.00 and set a “buy” rating on the stock in a research note on Thursday, November 6th. Griffin Securities set a $1,800.00 price target on shares of Fair Isaac in a research report on Monday, August 18th. Finally, UBS Group increased their price objective on shares of Fair Isaac from $1,590.00 to $1,640.00 and gave the stock a “neutral” rating in a report on Monday, September 15th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $2,118.50.

Insider Activity at Fair Isaac

In related 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 owned 42,138 shares in the company, valued at $64,787,175. This trade represents a 12.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold a total of 20,432 shares of company stock worth $32,252,997 in the last quarter. 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.