Commerce Bank purchased a new stake in Fair Isaac Corporation (NYSE:FICO – Free Report) during the 2nd quarter, HoldingsChannel.com reports. The fund purchased 1,314 shares of the technology company’s stock, valued at approximately $1,570,000.
Other hedge funds have also recently bought and sold shares of the company. Bayban acquired a new stake in Fair Isaac during the 4th quarter worth approximately $25,000. Physician Wealth Advisors Inc. lifted its position in shares of 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 acquiring an additional 10 shares during the period. Torren Management LLC acquired a new stake in Fair Isaac during the fourth quarter worth about $30,000. Rakuten Securities Inc. raised its position in Fair Isaac by 100.0% during the second quarter. Rakuten Securities Inc. now owns 24 shares of the technology company’s stock valued at $44,000 after purchasing an additional 12 shares in the last quarter. Finally, Elyxium Wealth LLC bought a new position in Fair Isaac in the fourth quarter valued at about $42,000. 85.75% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
FICO has been the subject of several research analyst reports. Robert W. Baird set a $1,549.00 price target on shares of Fair Isaac in a report on Wednesday, April 29th. Raymond James Financial reiterated an “outperform” rating and set a $1,750.00 target price on shares of Fair Isaac in a research report on Wednesday, April 29th. Barclays reduced their target price on shares of Fair Isaac from $1,950.00 to $1,700.00 and set an “overweight” rating on the stock in a report on Monday, August 10th. Wells Fargo & Company upped their price target on shares of Fair Isaac from $1,400.00 to $1,450.00 and gave the company an “overweight” rating in a research report on Thursday, July 30th. Finally, Jefferies Financial Group set a $1,675.00 price target on shares of Fair Isaac in a research note on Monday, August 3rd. Eleven equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Fair Isaac presently has an average rating of “Moderate Buy” and an average price target of $1,553.69.
Fair Isaac Trading Down 2.4%
NYSE:FICO opened at $1,138.87 on Wednesday. Fair Isaac Corporation has a 12 month low of $870.01 and a 12 month high of $1,998.01. The stock has a market capitalization of $24.60 billion, a price-to-earnings ratio of 32.90, a PEG ratio of 1.05 and a beta of 1.30. The firm has a fifty day simple moving average of $1,171.94 and a two-hundred day simple moving average of $1,178.95.
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, topping analysts’ consensus estimates of $11.76 by $0.42. Fair Isaac had a net margin of 34.05% and a negative return on equity of 32.51%. The company had revenue of $674.19 million for the quarter, compared to analysts’ expectations of $679.17 million. During the same quarter in the prior year, the firm earned $8.57 EPS. The business’s revenue was up 25.7% on a year-over-year basis. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. Equities analysts predict that Fair Isaac Corporation will post 37.37 earnings per share for the current fiscal year.
Insider Activity at Fair Isaac
In other news, Director Eva Manolis sold 967 shares of the business’s stock in a transaction dated Wednesday, July 29th. The shares were 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 of the company’s stock, valued at $697,200. The trade was a 66.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.02% of the stock is currently owned by insiders.
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.
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