Daiichi Life Insurance Co. Ltd. Buys New Stake in Fair Isaac Corporation $FICO

Daiichi Life Insurance Co. Ltd. bought a new stake in Fair Isaac Corporation (NYSE:FICO) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 1,052 shares of the technology company’s stock, valued at approximately $1,257,000.

Other large investors also recently bought and sold shares of the company. XXEC Inc. bought a new stake in shares of Fair Isaac in the 2nd quarter worth about $33,189,000. Northwestern Mutual Wealth Management Co. raised its position in shares of Fair Isaac by 480,776.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,327,664 shares of the technology company’s stock valued at $5,625,815,000 after buying an additional 3,326,972 shares in the last quarter. BlackRock Inc. bought a new position in shares of Fair Isaac in the 2nd quarter valued at about $2,491,517,000. Capital World Investors lifted its holdings in shares of Fair Isaac by 10.7% in the 4th quarter. Capital World Investors now owns 894,593 shares of the technology company’s stock valued at $1,512,417,000 after acquiring an additional 86,200 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in Fair Isaac by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 719,120 shares of the technology company’s stock worth $1,213,620,000 after acquiring an additional 8,886 shares in the last quarter. Institutional investors own 85.75% of the company’s stock.

Insider Buying and Selling at Fair Isaac

In other news, Director Eva Manolis sold 967 shares of the stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $1,400.00, for a total value of $1,353,800.00. Following the sale, the director directly owned 498 shares in the company, valued at approximately $697,200. This represents a 66.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 3.02% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have weighed in on FICO. Raymond James Financial reissued an “outperform” rating and set a $1,750.00 price objective on shares of Fair Isaac in a research note on Wednesday, April 29th. Barclays lowered their price objective on Fair Isaac from $1,950.00 to $1,700.00 and set an “overweight” rating for the company in a research note on Monday, August 10th. Bank of America cut their target price on Fair Isaac from $1,550.00 to $1,400.00 and set a “buy” rating on the stock in a research report on Tuesday, May 19th. Robert W. Baird set a $1,549.00 price target on Fair Isaac in a report on Wednesday, April 29th. Finally, Jefferies Financial Group set a $1,675.00 price target on Fair Isaac in a research report on Monday, August 3rd. Eleven investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,553.69.

Fair Isaac Trading Down 0.6%

Shares of NYSE:FICO opened at $1,165.63 on Tuesday. The company has a market capitalization of $25.18 billion, a price-to-earnings ratio of 33.67, a PEG ratio of 1.05 and a beta of 1.30. Fair Isaac Corporation has a 12 month low of $870.01 and a 12 month high of $1,998.01. The firm’s 50-day moving average is $1,172.94 and its 200 day moving average is $1,180.67.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings data on Wednesday, July 29th. The technology company reported $12.18 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $674.19 million during the quarter, compared to the consensus estimate of $679.17 million. During the same quarter last year, the firm earned $8.57 earnings per share. The firm’s quarterly revenue 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 forecast that Fair Isaac Corporation will post 37.37 EPS for the current fiscal year.

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.