EFG Asset Management Americas Corp. Decreases Stake in Fair Isaac Corporation $FICO

EFG Asset Management Americas Corp. lessened its stake in shares of Fair Isaac Corporation (NYSE:FICO) by 21.0% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,039 shares of the technology company’s stock after selling 276 shares during the quarter. EFG Asset Management Americas Corp.’s holdings in Fair Isaac were worth $1,899,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in FICO. Ensign Peak Advisors Inc boosted its position in Fair Isaac by 19.7% during the 2nd quarter. Ensign Peak Advisors Inc now owns 18,490 shares of the technology company’s stock valued at $33,799,000 after buying an additional 3,044 shares during the period. Artisan Partners Limited Partnership bought a new position in Fair Isaac during the 2nd quarter valued at approximately $84,295,000. Dorsey Wright & Associates raised its position in Fair Isaac by 0.9% during the 2nd quarter. Dorsey Wright & Associates now owns 2,709 shares of the technology company’s stock valued at $4,952,000 after purchasing an additional 24 shares during the last quarter. TD Waterhouse Canada Inc. lifted its holdings in Fair Isaac by 529.0% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 195 shares of the technology company’s stock worth $359,000 after buying an additional 164 shares during the period. Finally, Primecap Management Co. CA bought a new stake in shares of Fair Isaac in the 2nd quarter worth approximately $34,000,000. Institutional investors own 85.75% of the company’s stock.

Fair Isaac Stock Up 0.7%

NYSE:FICO opened at $1,736.82 on Thursday. The stock has a market cap of $41.18 billion, a price-to-earnings ratio of 67.92, a PEG ratio of 1.63 and a beta of 1.34. The company’s 50 day moving average price is $1,643.85 and its 200-day moving average price is $1,656.65. Fair Isaac Corporation has a 52 week low of $1,300.00 and a 52 week high of $2,400.00.

Fair Isaac (NYSE:FICO) last released its quarterly earnings data on Wednesday, November 5th. The technology company reported $7.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.36 by $0.38. Fair Isaac had a negative return on equity of 48.88% and a net margin of 32.80%.The business had revenue of $515.75 million for the quarter, compared to analysts’ expectations of $512.38 million. During the same period in the prior year, the firm posted $6.54 EPS. The firm’s quarterly revenue was up 13.6% on a year-over-year basis. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. As a group, sell-side analysts anticipate that Fair Isaac Corporation will post 24.15 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have commented on the stock. UBS Group raised their price objective on shares of Fair Isaac from $1,590.00 to $1,640.00 and gave the stock a “neutral” rating in a report on Monday, September 15th. Wells Fargo & Company raised their target price on shares of Fair Isaac from $2,300.00 to $2,400.00 and gave the company an “overweight” rating in a research note on Tuesday, October 14th. Barclays lifted their target price on shares of Fair Isaac from $2,000.00 to $2,400.00 and gave the company an “overweight” rating in a report on Thursday, October 2nd. Weiss Ratings restated a “hold (c+)” rating on shares of Fair Isaac in a research note on Thursday, November 13th. Finally, JPMorgan Chase & Co. raised their price objective on Fair Isaac from $1,750.00 to $1,825.00 and gave the company a “neutral” rating in a research report on Thursday, November 6th. Three analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, Fair Isaac currently has a consensus rating of “Moderate Buy” and a consensus price target of $2,118.50.

Insider Activity

In related news, CEO William J. Lansing sold 6,011 shares of the stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $1,537.50, for a total transaction of $9,241,912.50. Following the sale, the chief executive officer directly owned 42,138 shares of the company’s stock, valued at $64,787,175. This trade represents a 12.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders sold 20,432 shares of company stock worth $32,252,997 over the last 90 days. Corporate insiders own 3.46% of the company’s stock.

Fair Isaac Company Profile

Fair Isaac Corporation develops analytic, software, and digital decisioning technologies and services that enable businesses to automate, enhance, and connect decisions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Scores and Software. The Software segment provides pre-configured analytic and decision management solution designed for various business needs or processes, such as account origination, customer management, customer engagement, fraud detection, financial crimes compliance, and marketing, as well as associated professional services.