Fair Isaac Corporation $FICO Holdings Lifted by Police & Firemen s Retirement System of New Jersey

Police & Firemen s Retirement System of New Jersey raised its position in Fair Isaac Corporation (NYSE:FICO) by 4.3% during the 2nd quarter, Holdings Channel.com reports. The firm owned 3,621 shares of the technology company’s stock after acquiring an additional 150 shares during the quarter. Police & Firemen s Retirement System of New Jersey’s holdings in Fair Isaac were worth $6,619,000 as of its most recent filing with the Securities and Exchange Commission.

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

Insider Activity at Fair Isaac

In other news, CEO William J. Lansing sold 6,011 shares of Fair Isaac 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 value of $9,241,912.50. Following the transaction, the chief executive officer directly owned 42,138 shares of the company’s stock, 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 SEC, which is available at this link. Insiders have sold 20,432 shares of company stock valued at $32,252,997 in the last ninety days. Company insiders own 3.46% of the company’s stock.

Fair Isaac Stock Performance

Shares of NYSE:FICO opened at $1,742.98 on Friday. The company has a market capitalization of $41.32 billion, a PE ratio of 68.17, a price-to-earnings-growth ratio of 1.63 and a beta of 1.34. The stock has a fifty day moving average of $1,631.72 and a 200-day moving average of $1,664.41. Fair Isaac Corporation has a one year low of $1,300.00 and a one year 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, 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 company had revenue of $515.75 million for the quarter, compared to analyst estimates of $512.38 million. During the same period in the previous year, the firm earned $6.54 earnings per share. Fair Isaac’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. As a group, research analysts forecast that Fair Isaac Corporation will post 24.15 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on FICO shares. Robert W. Baird increased their target price on shares of Fair Isaac from $1,900.00 to $1,960.00 and gave the company an “outperform” rating in a research report on Thursday, November 6th. Zacks Research upgraded shares of Fair Isaac from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 7th. Jefferies Financial Group lowered their price objective on shares of 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. Raymond James Financial cut their target price 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. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Fair Isaac in a research report on Thursday. Three 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 stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $2,118.50.

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.