Fair Isaac Corporation $FICO Stock Holdings Decreased by Osterweis Capital Management Inc.

Osterweis Capital Management Inc. cut its stake in shares of Fair Isaac Corporation (NYSE:FICO) by 18.5% during the first quarter, HoldingsChannel.com reports. The firm owned 1,442 shares of the technology company’s stock after selling 328 shares during the period. Osterweis Capital Management Inc.’s holdings in Fair Isaac were worth $2,659,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. CWA Asset Management Group LLC grew its position in Fair Isaac by 15.1% during the first quarter. CWA Asset Management Group LLC now owns 145 shares of the technology company’s stock valued at $267,000 after purchasing an additional 19 shares in the last quarter. QRG Capital Management Inc. grew its position in Fair Isaac by 4.5% during the first quarter. QRG Capital Management Inc. now owns 395 shares of the technology company’s stock valued at $728,000 after purchasing an additional 17 shares in the last quarter. Brighton Jones LLC grew its position in Fair Isaac by 168.7% during the fourth quarter. Brighton Jones LLC now owns 481 shares of the technology company’s stock valued at $958,000 after purchasing an additional 302 shares in the last quarter. GAMMA Investing LLC grew its position in Fair Isaac by 55.6% during the first quarter. GAMMA Investing LLC now owns 140 shares of the technology company’s stock valued at $258,000 after purchasing an additional 50 shares in the last quarter. Finally, Tidal Investments LLC grew its position in Fair Isaac by 692.2% during the fourth quarter. Tidal Investments LLC now owns 14,133 shares of the technology company’s stock valued at $28,138,000 after purchasing an additional 12,349 shares in the last quarter. 85.75% of the stock is owned by hedge funds and other institutional investors.

Fair Isaac Stock Up 4.3%

FICO stock opened at $1,595.52 on Friday. The firm has a 50 day moving average of $1,483.99 and a two-hundred day moving average of $1,730.80. Fair Isaac Corporation has a 12 month low of $1,300.00 and a 12 month high of $2,402.51. The company has a market capitalization of $38.29 billion, a price-to-earnings ratio of 62.40, a P/E/G ratio of 2.98 and a beta of 1.35.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings data on Wednesday, July 30th. The technology company reported $8.57 earnings per share for the quarter, topping analysts’ consensus estimates of $7.75 by $0.82. Fair Isaac had a net margin of 32.80% and a negative return on equity of 48.88%. The business had revenue of $536.42 million during the quarter, compared to analysts’ expectations of $520.40 million. During the same period in the previous year, the company earned $6.25 earnings per share. Fair Isaac’s revenue for the quarter was up 19.8% on a year-over-year basis. Fair Isaac has set its FY 2025 guidance at 29.150-29.150 EPS. On average, research analysts expect that Fair Isaac Corporation will post 24.15 EPS for the current fiscal year.

Fair Isaac announced that its Board of Directors has authorized a share buyback program on Thursday, June 19th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the technology company to repurchase up to 2.3% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s management believes its shares are undervalued.

Insider Buying and Selling at Fair Isaac

In other news, CEO William J. Lansing sold 6,011 shares of the business’s stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $1,537.50, for a total value of $9,241,912.50. Following the completion of the sale, the chief executive officer directly owned 42,138 shares in the company, valued at approximately $64,787,175. The trade was a 12.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold 18,032 shares of company stock valued at $28,153,015 in the last ninety days. 3.46% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages recently commented on FICO. Griffin Securities set a $1,800.00 price objective on shares of Fair Isaac in a research report on Monday, August 18th. Robert W. Baird raised shares of Fair Isaac from a “neutral” rating to an “outperform” rating and lowered their price objective for the company from $2,021.00 to $1,900.00 in a research report on Wednesday, May 28th. Needham & Company LLC decreased their target price on shares of 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 reissued a “buy” rating on shares of Fair Isaac in a research report on Thursday, July 17th. Finally, Baird R W raised shares of Fair Isaac from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 28th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $2,098.14.

Fair Isaac 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.