DNB Asset Management AS Purchases 200 Shares of Fair Isaac Corporation $FICO

DNB Asset Management AS raised its position in Fair Isaac Corporation (NYSE:FICO) by 4.8% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,384 shares of the technology company’s stock after buying an additional 200 shares during the period. DNB Asset Management AS’s holdings in Fair Isaac were worth $8,014,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. increased its position in shares of Fair Isaac by 1.2% during the second quarter. Vanguard Group Inc. now owns 2,997,525 shares of the technology company’s stock valued at $5,479,356,000 after acquiring an additional 35,091 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in Fair Isaac by 0.4% in the first quarter. Price T Rowe Associates Inc. MD now owns 823,574 shares of the technology company’s stock worth $1,518,803,000 after purchasing an additional 3,677 shares during the last quarter. Geode Capital Management LLC grew its stake in Fair Isaac by 2.0% in the 2nd quarter. Geode Capital Management LLC now owns 712,699 shares of the technology company’s stock valued at $1,299,727,000 after purchasing an additional 13,906 shares during the period. American Century Companies Inc. increased its position in shares of Fair Isaac by 4.7% during the 1st quarter. American Century Companies Inc. now owns 386,618 shares of the technology company’s stock valued at $712,985,000 after purchasing an additional 17,498 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Fair Isaac by 29.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 316,780 shares of the technology company’s stock worth $584,193,000 after purchasing an additional 72,518 shares during the period. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Fair Isaac Trading Up 3.9%

FICO opened at $1,787.96 on Friday. Fair Isaac Corporation has a 12 month low of $1,300.00 and a 12 month high of $2,400.00. The company has a market cap of $42.39 billion, a PE ratio of 69.92, a price-to-earnings-growth ratio of 1.63 and a beta of 1.34. The company has a 50 day moving average of $1,651.24 and a 200 day moving average of $1,652.19.

Fair Isaac (NYSE:FICO) last posted its earnings results on Wednesday, November 5th. The technology company reported $7.74 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to the consensus estimate of $512.38 million. During the same quarter in the prior year, the business posted $6.54 earnings per share. The business’s quarterly 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. Research analysts forecast that Fair Isaac Corporation will post 24.15 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Fair Isaac news, CEO William J. Lansing sold 6,011 shares of Fair Isaac stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $1,537.50, for a total transaction of $9,241,912.50. Following the completion of the transaction, the chief executive officer owned 42,138 shares of the company’s stock, valued at $64,787,175. The trade was a 12.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In the last ninety days, insiders sold 20,432 shares of company stock valued at $32,252,997. 3.46% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

FICO has been the subject of several research reports. BMO Capital Markets reduced their price target on shares of Fair Isaac from $2,300.00 to $2,200.00 and set an “outperform” rating for the company in a research report on Thursday, November 6th. JPMorgan Chase & Co. increased their target price 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. Jefferies Financial Group decreased their price target on shares of Fair Isaac from $2,150.00 to $2,100.00 and set a “buy” rating for the company in a research note on Thursday, November 6th. UBS Group upped their price objective on Fair Isaac from $1,590.00 to $1,640.00 and gave the company a “neutral” rating in a research note on Monday, September 15th. Finally, Barclays increased their price objective on Fair Isaac from $2,000.00 to $2,400.00 and gave the company an “overweight” rating in a report on Thursday, October 2nd. Three equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $2,118.50.

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.