King Luther Capital Management Corp Reduces Stock Position in Fair Isaac Corporation $FICO

King Luther Capital Management Corp cut its stake in shares of Fair Isaac Corporation (NYSE:FICO) by 23.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 10,237 shares of the technology company’s stock after selling 3,204 shares during the period. King Luther Capital Management Corp’s holdings in Fair Isaac were worth $15,320,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of FICO. Westside Investment Management Inc. bought a new position in shares of Fair Isaac during the second quarter valued at approximately $26,000. Ransom Advisory Ltd bought a new position in shares of Fair Isaac in the third quarter worth $30,000. Meeder Asset Management Inc. increased its holdings in shares of Fair Isaac by 66.7% during the third quarter. Meeder Asset Management Inc. now owns 20 shares of the technology company’s stock valued at $30,000 after purchasing an additional 8 shares during the period. Root Financial Partners LLC bought a new stake in shares of Fair Isaac during the third quarter valued at about $30,000. Finally, Cornerstone Planning Group LLC lifted its holdings in Fair Isaac by 280.0% in the third quarter. Cornerstone Planning Group LLC now owns 19 shares of the technology company’s stock worth $30,000 after purchasing an additional 14 shares during the period. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have commented on FICO shares. Weiss Ratings restated a “hold (c+)” rating on shares of Fair Isaac in a research report on Monday, December 29th. Bank of America started coverage on Fair Isaac in a report on Tuesday. They set a “buy” rating and a $1,900.00 target price on the stock. BMO Capital Markets decreased their target price on Fair Isaac from $2,300.00 to $2,200.00 and set an “outperform” rating for the company in a research note on Thursday, November 6th. Robert W. Baird boosted their price target on shares of Fair Isaac from $1,900.00 to $1,960.00 and gave the stock an “outperform” rating in a research report on Thursday, November 6th. Finally, The Goldman Sachs Group reduced their price objective on shares of Fair Isaac from $2,070.00 to $1,777.00 and set a “buy” rating for the company in a research report on Monday, February 2nd. Ten research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $2,007.14.

Insider Activity

In other Fair Isaac news, Director Joanna Rees sold 358 shares of the business’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $1,360.00, for a total value of $486,880.00. Following the transaction, the director directly owned 11,204 shares in the company, valued at $15,237,440. The trade was a 3.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Steven P. Weber sold 1,426 shares of the stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $1,810.00, for a total value of $2,581,060.00. Following the sale, the chief financial officer owned 2,804 shares in the company, valued at $5,075,240. The trade was a 33.71% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 2,305 shares of company stock worth $4,019,197 in the last three months. 3.02% of the stock is owned by insiders.

Fair Isaac Stock Down 0.9%

Shares of Fair Isaac stock opened at $1,354.06 on Friday. Fair Isaac Corporation has a 12 month low of $1,280.86 and a 12 month high of $2,217.60. The stock has a market cap of $32.12 billion, a PE ratio of 50.11, a price-to-earnings-growth ratio of 1.32 and a beta of 1.27. The business has a fifty day simple moving average of $1,568.72 and a 200-day simple moving average of $1,589.11.

Fair Isaac (NYSE:FICO) last posted its quarterly earnings results on Wednesday, January 28th. The technology company reported $7.33 EPS for the quarter, topping the consensus estimate of $7.08 by $0.25. The business had revenue of $766.00 million during the quarter, compared to analysts’ expectations of $501.05 million. Fair Isaac had a net margin of 31.89% and a negative return on equity of 40.98%. The firm’s quarterly revenue was up 16.4% compared to the same quarter last year. During the same period last year, the company posted $5.79 earnings per share. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. Analysts expect that Fair Isaac Corporation will post 24.15 EPS for the current fiscal year.

Fair Isaac Profile

Fair Isaac Corporation, commonly known as FICO, is a data analytics and software company best known for its FICO Score, a widely used credit-scoring system that helps lenders assess consumer credit risk. Founded in 1956 by Bill Fair and Earl Isaac, the company has evolved from its origins in statistical credit scoring to a broader focus on predictive analytics, decision management and artificial intelligence-driven solutions for financial services and other industries. FICO is headquartered in San Jose, California, and operates globally, serving clients across North America, Latin America, Europe, the Middle East, Africa and the Asia-Pacific region.

FICO’s product portfolio centers on analytics and decisioning technologies.