Westfield Capital Management Co. LP Has $77.33 Million Stake in Fair Isaac Corporation $FICO

Westfield Capital Management Co. LP reduced its stake in shares of Fair Isaac Corporation (NYSE:FICO) by 13.4% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 42,304 shares of the technology company’s stock after selling 6,523 shares during the period. Westfield Capital Management Co. LP owned 0.18% of Fair Isaac worth $77,330,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Westside Investment Management Inc. bought a new position in shares of Fair Isaac during the second quarter worth about $26,000. Geo Capital Gestora de Recursos Ltd acquired a new stake in Fair Isaac during the 1st quarter valued at approximately $28,000. ORG Partners LLC bought a new position in Fair Isaac during the 2nd quarter worth approximately $27,000. Hilltop National Bank acquired a new position in shares of Fair Isaac in the 2nd quarter worth approximately $27,000. Finally, N.E.W. Advisory Services LLC acquired a new position in shares of Fair Isaac in the 1st quarter worth approximately $30,000. Institutional investors own 85.75% of the company’s stock.

Fair Isaac Stock Up 2.3%

Shares of FICO opened at $1,776.16 on Thursday. The business’s fifty day moving average is $1,643.85 and its 200 day moving average is $1,656.65. Fair Isaac Corporation has a 12-month low of $1,300.00 and a 12-month high of $2,400.00. The stock has a market cap of $42.11 billion, a P/E ratio of 68.44, 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, topping the consensus estimate of $7.36 by $0.38. Fair Isaac had a net margin of 32.80% and a negative return on equity of 48.88%. The firm had revenue of $515.75 million for the quarter, compared to the consensus estimate of $512.38 million. During the same quarter in the prior year, the company posted $6.54 earnings per share. The business’s revenue was up 13.6% on a year-over-year basis. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. On average, analysts expect that Fair Isaac Corporation will post 24.15 EPS for the current year.

Analyst Upgrades and Downgrades

FICO has been the subject of several recent analyst reports. UBS Group increased their price objective on shares of Fair Isaac from $1,590.00 to $1,640.00 and gave the stock a “neutral” rating in a research report on Monday, September 15th. JPMorgan Chase & Co. upped their price target on shares of Fair Isaac from $1,750.00 to $1,825.00 and gave the company a “neutral” rating in a research report on Thursday, November 6th. Griffin Securities set a $1,800.00 price objective on Fair Isaac in a research report on Monday, August 18th. Weiss Ratings reissued a “hold (c+)” rating on shares of Fair Isaac in a research note on Thursday, November 13th. Finally, Barclays raised their target price on Fair Isaac from $2,000.00 to $2,400.00 and gave the stock an “overweight” rating in a research note on Thursday, October 2nd. Three analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $2,118.50.

Insider Buying and Selling at Fair Isaac

In related news, CEO William J. Lansing sold 2,400 shares of the firm’s stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $1,732.88, for a total value of $4,158,912.00. Following the transaction, the chief executive officer owned 10,933 shares of the company’s stock, valued at approximately $18,945,577.04. This trade represents a 18.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last quarter, insiders have sold 20,432 shares of company stock valued at $32,252,997. Corporate insiders own 3.46% of the company’s stock.

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.