Fair Isaac Corporation $FICO Shares Sold by Quantum Capital Management LLC NJ

Quantum Capital Management LLC NJ decreased its position in shares of Fair Isaac Corporation (NYSE:FICO) by 1.3% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,971 shares of the technology company’s stock after selling 40 shares during the quarter. Fair Isaac accounts for approximately 0.6% of Quantum Capital Management LLC NJ’s investment portfolio, making the stock its 20th largest holding. Quantum Capital Management LLC NJ’s holdings in Fair Isaac were worth $5,479,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. grew its holdings in Fair Isaac by 2.0% during the first quarter. Vanguard Group Inc. now owns 2,962,434 shares of the technology company’s stock worth $5,463,202,000 after acquiring an additional 58,740 shares during the period. Principal Financial Group Inc. grew its holdings in Fair Isaac by 7.3% during the first quarter. Principal Financial Group Inc. now owns 391,823 shares of the technology company’s stock worth $722,585,000 after acquiring an additional 26,811 shares during the period. American Century Companies Inc. grew its holdings in Fair Isaac by 4.7% during the first quarter. American Century Companies Inc. now owns 386,618 shares of the technology company’s stock worth $712,985,000 after acquiring an additional 17,498 shares during the period. GAMMA Investing LLC grew its holdings in Fair Isaac by 286,768.9% during the first quarter. GAMMA Investing LLC now owns 258,182 shares of the technology company’s stock worth $476,129,000 after acquiring an additional 258,092 shares during the period. Finally, Northern Trust Corp grew its holdings in Fair Isaac by 20.1% during the fourth quarter. Northern Trust Corp now owns 254,201 shares of the technology company’s stock worth $506,096,000 after acquiring an additional 42,588 shares during the period. 85.75% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

FICO has been the subject of a number of research analyst reports. Oppenheimer reduced their target price on Fair Isaac from $2,300.00 to $1,953.00 and set an “outperform” rating for the company in a report on Thursday, July 31st. Griffin Securities set a $1,800.00 price target on Fair Isaac in a research report on Monday. Needham & Company LLC dropped their price target on Fair Isaac from $2,575.00 to $1,950.00 and set a “buy” rating for the company in a research report on Wednesday, July 16th. Jefferies Financial Group restated a “buy” rating on shares of Fair Isaac in a research report on Thursday, July 17th. Finally, Barclays dropped their price target on Fair Isaac from $2,250.00 to $2,000.00 and set an “overweight” rating for the company in a research report on Wednesday, July 9th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Fair Isaac currently has a consensus rating of “Moderate Buy” and an average price target of $2,134.57.

Fair Isaac Stock Performance

FICO stock opened at $1,384.6420 on Wednesday. Fair Isaac Corporation has a one year low of $1,300.00 and a one year high of $2,402.51. The stock has a market capitalization of $33.23 billion, a PE ratio of 54.15, a price-to-earnings-growth ratio of 2.63 and a beta of 1.28. The company has a fifty day moving average of $1,598.95 and a 200-day moving average of $1,767.01.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings results on Wednesday, July 30th. The technology company reported $8.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.75 by $0.82. The business had revenue of $536.42 million during the quarter, compared to the consensus estimate of $520.40 million. Fair Isaac had a net margin of 32.80% and a negative return on equity of 48.88%. The business’s revenue was up 19.8% compared to the same quarter last year. During the same quarter last year, the firm posted $6.25 EPS. Fair Isaac has set its FY 2025 guidance at 29.150-29.150 EPS. Equities analysts forecast that Fair Isaac Corporation will post 24.15 earnings per share for the current fiscal year.

Fair Isaac announced that its board has initiated a stock repurchase program on Thursday, June 19th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the technology company to repurchase up to 2.3% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s leadership believes its shares are undervalued.

Insider Transactions at Fair Isaac

In related news, CEO William J. Lansing sold 3,811 shares of the business’s stock in a transaction that occurred on Tuesday, July 8th. The stock was sold at an average price of $1,565.99, for a total transaction of $5,967,987.89. Following the transaction, the chief executive officer directly owned 44,338 shares of the company’s stock, valued at approximately $69,432,864.62. The trade was a 7.92% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Steven P. Weber sold 1,000 shares of the business’s stock in a transaction that occurred on Monday, June 9th. The stock was sold at an average price of $1,738.25, for a total value of $1,738,250.00. Following the transaction, the chief financial officer directly owned 1,862 shares in the company, valued at $3,236,621.50. This trade represents a 34.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 13,021 shares of company stock valued at $22,247,892 in the last quarter. Company 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.