Conestoga Capital Advisors LLC Trims Stock Holdings in Fair Isaac Corporation $FICO

Conestoga Capital Advisors LLC lowered its stake in Fair Isaac Corporation (NYSE:FICO) by 93.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 267 shares of the technology company’s stock after selling 3,595 shares during the quarter. Conestoga Capital Advisors LLC’s holdings in Fair Isaac were worth $488,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in FICO. Geo Capital Gestora de Recursos Ltd acquired a new position in shares of Fair Isaac in the 1st quarter worth approximately $28,000. ORG Partners LLC purchased a new stake in Fair Isaac in the second quarter valued at approximately $27,000. Hilltop National Bank acquired a new position in Fair Isaac during the second quarter worth $27,000. N.E.W. Advisory Services LLC purchased a new position in shares of Fair Isaac during the first quarter worth $30,000. Finally, Meeder Asset Management Inc. boosted its position in shares of Fair Isaac by 41.7% during the first quarter. Meeder Asset Management Inc. now owns 17 shares of the technology company’s stock worth $31,000 after buying an additional 5 shares during the period. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently issued reports on FICO shares. Griffin Securities set a $1,800.00 target price on Fair Isaac in a research note on Monday, August 18th. Needham & Company LLC reissued a “buy” rating and set a $1,950.00 price target on shares of Fair Isaac in a research report on Thursday, October 2nd. Seaport Res Ptn raised shares of Fair Isaac to a “strong-buy” rating in a research note on Wednesday, October 1st. Jefferies Financial Group reaffirmed a “buy” rating on shares of Fair Isaac in a research note on Thursday, July 17th. Finally, Oppenheimer cut shares of Fair Isaac from an “outperform” rating to a “market perform” rating in a research report on Monday, October 13th. Three research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $2,137.43.

Insiders Place Their Bets

In other Fair Isaac news, CEO William J. Lansing sold 4,942 shares of Fair Isaac stock in a transaction dated Tuesday, October 14th. The stock was sold at an average price of $1,631.34, for a total transaction of $8,062,082.28. Following the completion of the sale, the chief executive officer directly owned 43,207 shares of the company’s stock, valued at $70,485,307.38. The trade was a 10.26% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders sold 18,032 shares of company stock valued at $28,094,085 in the last 90 days. 3.46% of the stock is owned by company insiders.

Fair Isaac Stock Down 0.4%

Shares of NYSE:FICO opened at $1,614.22 on Monday. Fair Isaac Corporation has a fifty-two week low of $1,300.00 and a fifty-two week high of $2,402.51. The firm’s 50 day moving average price is $1,533.05 and its 200 day moving average price is $1,689.10. The stock has a market cap of $38.74 billion, a price-to-earnings ratio of 63.13, a price-to-earnings-growth ratio of 1.74 and a beta of 1.35.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings data on Wednesday, July 30th. The technology company reported $8.57 EPS for the quarter, beating 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 company had revenue of $536.42 million for the quarter, compared to the consensus estimate of $520.40 million. During the same period in the prior year, the firm posted $6.25 EPS. The company’s quarterly revenue was up 19.8% compared to the same quarter last year. Fair Isaac has set its FY 2025 guidance at 29.150-29.150 EPS. On average, equities analysts anticipate that Fair Isaac Corporation will post 24.15 EPS for the current year.

About Fair Isaac

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.