Deutsche Bank AG purchased a new stake in shares of Fair Isaac Corporation (NYSE:FICO – Free Report) during the second quarter, Holdings Channel.com reports. The firm purchased 94,907 shares of the technology company’s stock, valued at approximately $113,393,000.
Several other hedge funds have also made changes to their positions in the company. Bayban purchased a new position in Fair Isaac during the 4th quarter worth approximately $25,000. 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. Western Wealth Management LLC purchased a new stake in shares of Fair Isaac in the first quarter valued at $29,000. Torren Management LLC purchased a new stake in shares of Fair Isaac in the fourth quarter valued at $30,000. Finally, Elyxium Wealth LLC acquired a new stake in shares of Fair Isaac in the fourth quarter worth $42,000. Hedge funds and other institutional investors own 85.75% of the company’s stock.
Wall Street Analysts Forecast Growth
FICO has been the topic of a number of research analyst reports. UBS Group lowered their price target on Fair Isaac from $1,200.00 to $1,130.00 and set a “neutral” rating on the stock in a report on Wednesday, August 12th. Royal Bank Of Canada reduced their price objective on Fair Isaac from $2,400.00 to $1,525.00 and set an “outperform” rating for the company in a research note on Thursday, July 30th. Jefferies Financial Group set a $1,675.00 target price on Fair Isaac in a report on Monday, August 3rd. Raymond James Financial reissued an “outperform” rating and issued a $1,750.00 price target on shares of Fair Isaac in a research report on Wednesday, April 29th. Finally, Barclays decreased their price target on shares of Fair Isaac from $1,950.00 to $1,700.00 and set an “overweight” rating for the company in a report on Monday, August 10th. Eleven equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,553.69.
Fair Isaac Trading Up 7.6%
NYSE FICO opened at $1,160.59 on Thursday. Fair Isaac Corporation has a 1-year low of $870.01 and a 1-year high of $1,998.01. The firm’s fifty day simple moving average is $1,174.01 and its 200-day simple moving average is $1,185.97. The company has a market capitalization of $25.07 billion, a PE ratio of 33.52, a price-to-earnings-growth ratio of 0.97 and a beta of 1.30.
Fair Isaac (NYSE:FICO – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The technology company reported $12.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $11.76 by $0.42. Fair Isaac had a negative return on equity of 32.51% and a net margin of 34.05%.The firm had revenue of $674.19 million during the quarter, compared to analysts’ expectations of $679.17 million. During the same quarter last year, the firm earned $8.57 earnings per share. The business’s revenue for the quarter was up 25.7% on a year-over-year basis. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. As a group, analysts predict that Fair Isaac Corporation will post 37.37 EPS for the current year.
Insider Buying and Selling at Fair Isaac
In other news, Director Eva Manolis sold 967 shares of Fair Isaac stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $1,400.00, for a total transaction of $1,353,800.00. Following the completion of the sale, the director directly owned 498 shares in the company, valued at $697,200. The trade was a 66.01% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.02% of the stock is owned by company insiders.
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.
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