Fair Isaac (NYSE:FICO) Trading Down 9.3% – Here’s Why

Fair Isaac Corporation (NYSE:FICO)’s stock price was down 9.3% during mid-day trading on Wednesday . The stock traded as low as $960.00 and last traded at $939.9240. Approximately 232,602 shares were traded during mid-day trading, a decline of 32% from the average daily volume of 339,962 shares. The stock had previously closed at $1,036.70.

Wall Street Analyst Weigh In

FICO has been the subject of a number of recent analyst reports. Mizuho initiated coverage on Fair Isaac in a research report on Thursday, April 16th. They issued an “outperform” rating and a $1,416.00 price objective for the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of Fair Isaac in a research note on Monday, December 29th. Wells Fargo & Company lowered their target price on Fair Isaac from $2,300.00 to $1,650.00 and set an “overweight” rating on the stock in a research note on Thursday. JPMorgan Chase & Co. lowered their target price on Fair Isaac from $1,825.00 to $1,325.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 24th. Finally, Bank of America assumed coverage on Fair Isaac in a research note on Tuesday, February 17th. They set a “buy” rating and a $1,900.00 target price on the stock. Ten equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $1,742.43.

Fair Isaac Trading Up 2.5%

The stock has a 50 day simple moving average of $1,177.92 and a 200 day simple moving average of $1,489.79. The stock has a market cap of $23.83 billion, a P/E ratio of 37.18, a price-to-earnings-growth ratio of 0.93 and a beta of 1.38.

Fair Isaac (NYSE:FICO) last posted its quarterly earnings data on Wednesday, January 28th. The technology company reported $7.33 EPS for the quarter, topping analysts’ consensus estimates of $7.08 by $0.25. Fair Isaac had a negative return on equity of 40.98% and a net margin of 31.89%.The firm had revenue of $766.00 million for the quarter, compared to analyst estimates of $501.05 million. During the same quarter last year, the company earned $5.79 EPS. The company’s revenue was up 16.4% on a year-over-year basis. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. Equities analysts anticipate that Fair Isaac Corporation will post 36.45 earnings per share for the current year.

Fair Isaac announced that its Board of Directors has authorized a share buyback plan on Wednesday, February 25th that allows the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization allows the technology company to buy up to 5.2% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

Insiders Place Their Bets

In other Fair Isaac news, Director Eva Manolis sold 520 shares of the firm’s stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $1,227.63, for a total value of $638,367.60. Following the sale, the director owned 344 shares of the company’s stock, valued at approximately $422,304.72. This trade represents a 60.19% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Joanna Rees sold 358 shares of the firm’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $1,360.00, for a total value of $486,880.00. Following the completion of the sale, the director directly owned 11,204 shares in the company, valued at approximately $15,237,440. This represents a 3.10% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 3.02% of the company’s stock.

Institutional Investors Weigh In On Fair Isaac

Large investors have recently modified their holdings of the business. Brighton Jones LLC boosted its holdings in shares of Fair Isaac by 168.7% during the 4th quarter. Brighton Jones LLC now owns 481 shares of the technology company’s stock valued at $958,000 after acquiring an additional 302 shares in the last quarter. Great Lakes Advisors LLC boosted its holdings in shares of Fair Isaac by 5.7% during the 1st quarter. Great Lakes Advisors LLC now owns 112 shares of the technology company’s stock valued at $207,000 after acquiring an additional 6 shares in the last quarter. Woodline Partners LP boosted its holdings in shares of Fair Isaac by 46.1% during the 1st quarter. Woodline Partners LP now owns 2,138 shares of the technology company’s stock valued at $3,943,000 after acquiring an additional 675 shares in the last quarter. Treasurer of the State of North Carolina boosted its holdings in shares of Fair Isaac by 18.0% during the 2nd quarter. Treasurer of the State of North Carolina now owns 14,037 shares of the technology company’s stock valued at $25,659,000 after acquiring an additional 2,146 shares in the last quarter. Finally, Alliancebernstein L.P. boosted its holdings in shares of Fair Isaac by 16.1% during the 2nd quarter. Alliancebernstein L.P. now owns 211,947 shares of the technology company’s stock valued at $387,431,000 after acquiring an additional 29,408 shares in the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

About Fair Isaac

Fair Isaac Corporation, commonly known as FICO, is a data analytics and software company best known for its FICO Score, a widely used credit-scoring system that helps lenders assess consumer credit risk. Founded in 1956 by Bill Fair and Earl Isaac, the company has evolved from its origins in statistical credit scoring to a broader focus on predictive analytics, decision management and artificial intelligence-driven solutions for financial services and other industries. FICO is headquartered in San Jose, California, and operates globally, serving clients across North America, Latin America, Europe, the Middle East, Africa and the Asia-Pacific region.

FICO’s product portfolio centers on analytics and decisioning technologies.