Marks Group Wealth Management Inc Sells 1,005 Shares of Fair Isaac Corporation $FICO

Marks Group Wealth Management Inc cut its stake in shares of Fair Isaac Corporation (NYSE:FICO) by 29.4% during the 1st quarter, Holdings Channel reports. The institutional investor owned 2,418 shares of the technology company’s stock after selling 1,005 shares during the quarter. Marks Group Wealth Management Inc’s holdings in Fair Isaac were worth $2,581,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in FICO. Great Lakes Advisors LLC increased its stake in shares of Fair Isaac by 5.7% in the first quarter. Great Lakes Advisors LLC now owns 112 shares of the technology company’s stock valued at $207,000 after buying an additional 6 shares during the period. Capital Investment Advisory Services LLC lifted its stake in shares of Fair Isaac by 1.9% in the fourth quarter. Capital Investment Advisory Services LLC now owns 367 shares of the technology company’s stock worth $620,000 after acquiring an additional 7 shares during the period. San Luis Wealth Advisors LLC increased its position in Fair Isaac by 2.8% during the 3rd quarter. San Luis Wealth Advisors LLC now owns 253 shares of the technology company’s stock valued at $379,000 after purchasing an additional 7 shares during the period. Interchange Capital Partners LLC raised its holdings in Fair Isaac by 1.0% during the 4th quarter. Interchange Capital Partners LLC now owns 812 shares of the technology company’s stock worth $1,373,000 after purchasing an additional 8 shares during the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC raised its holdings in Fair Isaac by 4.9% during the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 172 shares of the technology company’s stock worth $291,000 after purchasing an additional 8 shares during the last quarter. Institutional investors own 85.75% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Raymond James Financial reaffirmed an “outperform” rating and issued a $1,750.00 price objective on shares of Fair Isaac in a research note on Wednesday, April 29th. UBS Group boosted their target price on shares of Fair Isaac from $1,250.00 to $1,270.00 and gave the company a “neutral” rating in a report on Thursday, July 2nd. Wall Street Zen cut shares of Fair Isaac from a “buy” rating to a “hold” rating in a research report on Sunday, June 28th. Wells Fargo & Company decreased their price target on Fair Isaac from $1,650.00 to $1,400.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $1,650.00 price objective on shares of Fair Isaac in a research report on Tuesday, June 9th. Ten equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, Fair Isaac presently has an average rating of “Moderate Buy” and a consensus target price of $1,627.93.

Fair Isaac Stock Down 0.4%

Shares of FICO stock opened at $1,205.78 on Thursday. The company has a market cap of $27.96 billion, a price-to-earnings ratio of 38.19, a price-to-earnings-growth ratio of 1.08 and a beta of 1.29. Fair Isaac Corporation has a 52 week low of $870.01 and a 52 week high of $1,998.01. The firm has a 50 day moving average of $1,193.16 and a 200-day moving average of $1,266.37.

Fair Isaac (NYSE:FICO) last released its earnings results on Tuesday, April 28th. The technology company reported $12.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $11.03 by $1.47. The company had revenue of $691.68 million for the quarter, compared to the consensus estimate of $630.21 million. Fair Isaac had a net margin of 33.67% and a negative return on equity of 41.04%. Fair Isaac’s quarterly revenue was up 38.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $7.81 EPS. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. Analysts anticipate that Fair Isaac Corporation will post 38 earnings per share for the current year.

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.