Man Group plc Makes New $7.95 Million Investment in Fair Isaac Corporation $FICO

Man Group plc purchased a new stake in shares of Fair Isaac Corporation (NYSE:FICO) during the second quarter, HoldingsChannel reports. The fund purchased 6,653 shares of the technology company’s stock, valued at approximately $7,949,000.

Several other large investors have also made changes to their positions in the business. Councilmark Asset Management LLC bought a new position in shares of Fair Isaac in the second quarter worth about $540,000. Roberts Glore & Co. Inc. IL bought a new stake in Fair Isaac during the 2nd quarter valued at approximately $479,000. Jupiter Topco LLC purchased a new position in Fair Isaac in the 2nd quarter worth approximately $33,080,000. Hsbc Holdings PLC purchased a new position in Fair Isaac in the 2nd quarter worth approximately $50,455,000. Finally, EFG International AG bought a new position in Fair Isaac in the 2nd quarter worth approximately $1,045,000. 85.75% of the stock is currently owned by hedge funds and other institutional investors.

Fair Isaac Stock Performance

NYSE FICO opened at $1,154.38 on Friday. The company has a market capitalization of $24.93 billion, a P/E ratio of 33.34, a P/E/G ratio of 1.04 and a beta of 1.30. Fair Isaac Corporation has a one year low of $870.01 and a one year high of $1,998.01. The stock has a 50 day moving average price of $1,174.41 and a 200-day moving average price of $1,175.59.

Fair Isaac (NYSE:FICO) last posted its earnings results on Wednesday, July 29th. The technology company reported $12.18 earnings per share for the quarter, beating 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 firm had revenue of $674.19 million during the quarter, compared to analyst estimates of $679.17 million. During the same period last year, the firm posted $8.57 earnings per share. Fair Isaac’s revenue for the quarter was up 25.7% compared to the same quarter last year. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. As a group, equities analysts predict that Fair Isaac Corporation will post 37.37 EPS for the current fiscal year.

Insider Buying and Selling

In other Fair Isaac news, Director Eva Manolis sold 967 shares of Fair Isaac stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $1,400.00, for a total value of $1,353,800.00. Following the completion of the transaction, the director directly owned 498 shares of the company’s stock, valued at $697,200. This trade represents a 66.01% decrease in their position. The sale was disclosed in a 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 owned by company insiders.

Analysts Set New Price Targets

FICO has been the subject of a number of research analyst reports. Needham & Company LLC reaffirmed a “buy” rating and set a $1,650.00 price objective on shares of Fair Isaac in a report on Thursday, July 30th. Weiss Ratings lowered shares of Fair Isaac from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, July 30th. Wall Street Zen downgraded shares of Fair Isaac from a “buy” rating to a “hold” rating in a report on Sunday, June 28th. UBS Group decreased their price target on shares of Fair Isaac from $1,200.00 to $1,130.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 12th. Finally, Barclays dropped their price objective 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 given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $1,553.69.

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.