Platinum Investment Management Ltd. Sells 1,300 Shares of Fair Isaac Corporation $FICO

Platinum Investment Management Ltd. lessened its holdings in shares of Fair Isaac Corporation (NYSE:FICO) by 25.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,859 shares of the technology company’s stock after selling 1,300 shares during the quarter. Fair Isaac comprises 1.5% of Platinum Investment Management Ltd.’s portfolio, making the stock its 14th biggest holding. Platinum Investment Management Ltd.’s holdings in Fair Isaac were worth $6,524,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Physician Wealth Advisors Inc. raised its stake in Fair Isaac by 166.7% during the 4th quarter. Physician Wealth Advisors Inc. now owns 16 shares of the technology company’s stock valued at $27,000 after purchasing an additional 10 shares during the period. Torren Management LLC bought a new stake in Fair Isaac during the 4th quarter valued at approximately $30,000. Rakuten Securities Inc. raised its stake in Fair Isaac by 100.0% during the 2nd quarter. Rakuten Securities Inc. now owns 24 shares of the technology company’s stock valued at $44,000 after purchasing an additional 12 shares during the period. Elyxium Wealth LLC bought a new stake in Fair Isaac during the 4th quarter valued at approximately $42,000. Finally, Aventura Private Wealth LLC bought a new stake in Fair Isaac during the 4th quarter valued at approximately $51,000. Institutional investors own 85.75% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Bank of America decreased their target price on Fair Isaac from $1,550.00 to $1,400.00 and set a “buy” rating on the stock in a research note on Tuesday, May 19th. Robert W. Baird set a $1,549.00 target price on Fair Isaac in a research note on Wednesday, April 29th. Wall Street Zen downgraded Fair Isaac from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Mizuho began coverage on Fair Isaac in a research note on Thursday, April 16th. They set an “outperform” rating and a $1,416.00 target price on the stock. Finally, JPMorgan Chase & Co. cut their price target on Fair Isaac from $1,325.00 to $1,225.00 and set a “neutral” rating for the company in a report on Thursday, April 30th. Ten research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $1,619.36.

Fair Isaac Price Performance

NYSE FICO opened at $1,177.22 on Friday. The stock has a market capitalization of $27.30 billion, a PE ratio of 37.29, a P/E/G ratio of 1.05 and a beta of 1.28. The business has a 50 day simple moving average of $1,120.24 and a two-hundred day simple moving average of $1,362.61. Fair Isaac Corporation has a 1-year low of $870.01 and a 1-year high of $1,998.01.

Fair Isaac (NYSE:FICO) last released its quarterly earnings results on Tuesday, April 28th. The technology company reported $12.50 earnings per share for the quarter, beating the consensus estimate of $11.03 by $1.47. The business had revenue of $691.68 million during the quarter, compared to analysts’ expectations of $630.21 million. Fair Isaac had a negative return on equity of 41.04% and a net margin of 33.67%.The firm’s revenue for the quarter was up 38.7% compared to the same quarter last year. During the same quarter last year, the business posted $7.81 EPS. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. On average, analysts anticipate that Fair Isaac Corporation will post 38.06 EPS for the current fiscal year.

Fair Isaac declared that its board has authorized a stock repurchase plan on Wednesday, February 25th that permits the company to buyback $1.50 billion in shares. This buyback authorization permits the technology company to buy up to 5.2% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board of directors believes its stock is undervalued.

Fair Isaac Profile

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.