Fair Isaac Corporation $FICO Shares Sold by EFG Asset Management North America Corp.

EFG Asset Management North America Corp. reduced its position in Fair Isaac Corporation (NYSE:FICO) by 27.6% in the 2nd quarter, Holdings Channel reports. The firm owned 895 shares of the technology company’s stock after selling 341 shares during the period. EFG Asset Management North America Corp.’s holdings in Fair Isaac were worth $1,635,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in FICO. Westside Investment Management Inc. acquired a new position in Fair Isaac during the second quarter worth approximately $26,000. Geo Capital Gestora de Recursos Ltd purchased a new position in shares of Fair Isaac during the first quarter worth approximately $28,000. ORG Partners LLC acquired a new position in shares of Fair Isaac in the 2nd quarter valued at $27,000. Hilltop National Bank purchased a new stake in Fair Isaac in the 2nd quarter valued at $27,000. Finally, N.E.W. Advisory Services LLC acquired a new stake in Fair Isaac during the 1st quarter worth $30,000. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Insider Activity

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

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. UBS Group upped their target price on shares of Fair Isaac from $1,590.00 to $1,640.00 and gave the company a “neutral” rating in a report on Monday, September 15th. Seaport Res Ptn upgraded Fair Isaac to a “strong-buy” rating in a research report on Wednesday, October 1st. Barclays increased their price objective on Fair Isaac from $2,000.00 to $2,400.00 and gave the stock an “overweight” rating in a research report on Thursday, October 2nd. BMO Capital Markets boosted their target price on Fair Isaac from $1,650.00 to $1,800.00 and gave the company an “outperform” rating in a report on Monday, August 18th. Finally, Oppenheimer downgraded Fair Isaac from an “outperform” rating to a “market perform” rating in a report on Monday, October 13th. Three analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $2,137.43.

Fair Isaac Stock Up 1.5%

Shares of FICO opened at $1,630.47 on Thursday. Fair Isaac Corporation has a 52-week low of $1,300.00 and a 52-week high of $2,402.51. The company has a 50-day simple moving average of $1,599.84 and a 200-day simple moving average of $1,670.63. The company has a market capitalization of $39.14 billion, a PE ratio of 63.76, a P/E/G ratio of 1.63 and a beta of 1.34.

Fair Isaac (NYSE:FICO) last released its quarterly earnings data on Wednesday, November 5th. The technology company reported $7.74 earnings per share 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 firm had revenue of $515.75 million during the quarter, compared to the consensus estimate of $512.38 million. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. On average, research 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.