Mitsubishi UFJ Asset Management Co. Ltd. Acquires Shares of 56,713 Fair Isaac Corporation $FICO

Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Fair Isaac Corporation (NYSE:FICO) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 56,713 shares of the technology company’s stock, valued at approximately $67,760,000.

Several other institutional investors also recently modified their holdings of the business. Bayban bought a new stake in Fair Isaac during the fourth quarter worth about $25,000. Physician Wealth Advisors Inc. increased its stake in shares of Fair Isaac by 166.7% during the fourth 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 in the last quarter. Western Wealth Management LLC bought a new position in shares of Fair Isaac during the first quarter valued at approximately $29,000. Torren Management LLC purchased a new position in shares of Fair Isaac during the fourth quarter valued at approximately $30,000. Finally, Elyxium Wealth LLC purchased a new position in shares of Fair Isaac during the fourth quarter valued at approximately $42,000. 85.75% of the stock is currently owned by institutional investors.

Fair Isaac Stock Up 7.6%

NYSE:FICO opened at $1,160.59 on Thursday. The company’s 50 day moving average price is $1,174.01 and its 200-day moving average price is $1,185.97. Fair Isaac Corporation has a 52 week low of $870.01 and a 52 week high of $1,998.01. The stock has a market cap of $25.07 billion, a price-to-earnings ratio of 33.52, a PEG ratio of 0.97 and a beta of 1.30.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings data on Wednesday, July 29th. The technology company reported $12.18 earnings per share for the quarter, topping analysts’ consensus estimates of $11.76 by $0.42. The company had revenue of $674.19 million during the quarter, compared to analyst estimates of $679.17 million. Fair Isaac had a net margin of 34.05% and a negative return on equity of 32.51%. The firm’s revenue for the quarter was up 25.7% on a year-over-year basis. During the same period in the previous year, the business earned $8.57 EPS. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. As a group, sell-side analysts anticipate that Fair Isaac Corporation will post 37.37 earnings per share for the current year.

Wall Street Analyst Weigh In

FICO has been the topic of several recent research reports. JPMorgan Chase & Co. cut their price target on Fair Isaac from $1,325.00 to $1,225.00 and set a “neutral” rating on the stock in a research note on Thursday, April 30th. Wall Street Zen cut Fair Isaac from a “buy” rating to a “hold” rating in a research note on Sunday, June 28th. Raymond James Financial reissued an “outperform” rating and issued a $1,750.00 target price on shares of Fair Isaac in a report on Wednesday, April 29th. Royal Bank Of Canada cut their target price on Fair Isaac from $2,400.00 to $1,525.00 and set an “outperform” rating on the stock in a research note on Thursday, July 30th. Finally, Robert W. Baird set a $1,549.00 price target on Fair Isaac in a report on Wednesday, April 29th. Eleven equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $1,553.69.

Insider Activity at Fair Isaac

In related news, Director Eva Manolis sold 967 shares of the stock in a transaction on 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 sale, the director directly owned 498 shares of the company’s stock, valued at $697,200. This trade represents a 66.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 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.