West Family Investments Inc. Purchases Shares of 279 Fair Isaac Corporation $FICO

West Family Investments Inc. acquired a new position in Fair Isaac Corporation (NYSE:FICO) during the second quarter, Holdings Channel reports. The firm acquired 279 shares of the technology company’s stock, valued at approximately $510,000.

Several other institutional investors have also modified their holdings of FICO. Baker Avenue Asset Management LP boosted its holdings in Fair Isaac by 4.6% during the first quarter. Baker Avenue Asset Management LP now owns 113 shares of the technology company’s stock worth $209,000 after buying an additional 5 shares in the last quarter. Ironwood Investment Counsel LLC increased its holdings 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 during the period. MAI Capital Management boosted its stake in shares of Fair Isaac by 11.8% during the 1st quarter. MAI Capital Management now owns 57 shares of the technology company’s stock valued at $105,000 after buying an additional 6 shares during the period. Great Lakes Advisors LLC raised its holdings in shares of Fair Isaac by 5.7% during the first quarter. Great Lakes Advisors LLC now owns 112 shares of the technology company’s stock worth $207,000 after acquiring an additional 6 shares in the last quarter. Finally, J. Safra Sarasin Holding AG lifted its holdings in shares of Fair Isaac by 1.5% during the 1st quarter. J. Safra Sarasin Holding AG now owns 525 shares of the technology company’s stock valued at $968,000 after buying an additional 8 shares during the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Insider Activity at Fair Isaac

In other news, CEO William J. Lansing sold 6,011 shares of the stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $1,537.50, for a total value of $9,241,912.50. Following the completion of the sale, the chief executive officer directly owned 42,138 shares of the company’s stock, valued at approximately $64,787,175. This 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 can be accessed through this hyperlink. Insiders sold 14,422 shares of company stock worth $23,226,939 in the last three months. 3.46% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on FICO shares. UBS Group increased their price target on shares of Fair Isaac from $1,590.00 to $1,640.00 and gave the stock a “neutral” rating in a research note on Monday, September 15th. Wells Fargo & Company upped their price objective on shares of Fair Isaac from $2,300.00 to $2,400.00 and gave the stock an “overweight” rating in a report on Tuesday, October 14th. BMO Capital Markets cut their target price on Fair Isaac from $2,300.00 to $2,200.00 and set an “outperform” rating on the stock in a report on Thursday, November 6th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Fair Isaac in a research report on Tuesday. Finally, Needham & Company LLC reiterated a “buy” rating and set a $1,950.00 price target on shares of Fair Isaac in a research note on Thursday, October 2nd. Three equities research 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. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $2,118.50.

Fair Isaac Price Performance

Fair Isaac stock opened at $1,805.83 on Friday. Fair Isaac Corporation has a fifty-two week low of $1,300.00 and a fifty-two week high of $2,400.00. The firm has a fifty day moving average price of $1,677.10 and a two-hundred day moving average price of $1,640.97. The firm has a market cap of $42.81 billion, a price-to-earnings ratio of 70.62, a P/E/G ratio of 1.63 and a beta of 1.34.

Fair Isaac (NYSE:FICO) last posted its quarterly earnings data on Wednesday, November 5th. The technology company reported $7.74 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 for the quarter, compared to analyst estimates of $512.38 million. During the same period in the previous year, the company posted $6.54 earnings per share. The firm’s revenue for the quarter was up 13.6% on a year-over-year basis. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. As a group, sell-side analysts expect that Fair Isaac Corporation will post 24.15 earnings per share for the current year.

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.