Weiss Asset Management LP Invests $16.16 Million in Fair Isaac Corporation $FICO

Weiss Asset Management LP bought a new position in shares of Fair Isaac Corporation (NYSE:FICO) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 15,140 shares of the technology company’s stock, valued at approximately $16,163,000.

Other hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC lifted its position in Fair Isaac by 168.7% during the fourth quarter. Brighton Jones LLC now owns 481 shares of the technology company’s stock valued at $958,000 after buying an additional 302 shares in the last quarter. Great Lakes Advisors LLC raised its stake in shares of Fair Isaac by 5.7% in the 1st quarter. Great Lakes Advisors LLC now owns 112 shares of the technology company’s stock valued at $207,000 after acquiring an additional 6 shares during the period. Woodline Partners LP boosted its position in Fair Isaac by 46.1% during the 1st quarter. Woodline Partners LP now owns 2,138 shares of the technology company’s stock worth $3,943,000 after purchasing an additional 675 shares during the period. Treasurer of the State of North Carolina increased its holdings in Fair Isaac by 18.0% in the 2nd quarter. Treasurer of the State of North Carolina now owns 14,037 shares of the technology company’s stock valued at $25,659,000 after purchasing an additional 2,146 shares in the last quarter. Finally, Alliancebernstein L.P. raised its position in Fair Isaac by 16.1% in the second quarter. Alliancebernstein L.P. now owns 211,947 shares of the technology company’s stock valued at $387,431,000 after purchasing an additional 29,408 shares during the period. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Fair Isaac Stock Performance

NYSE:FICO opened at $1,238.34 on Friday. The company has a market capitalization of $28.72 billion, a price-to-earnings ratio of 39.23, a price-to-earnings-growth ratio of 1.10 and a beta of 1.29. Fair Isaac Corporation has a one year low of $870.01 and a one year high of $1,998.01. The stock has a 50-day simple moving average of $1,212.80 and a 200 day simple moving average of $1,246.05.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings data on Tuesday, April 28th. The technology company reported $12.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $11.03 by $1.47. The firm had revenue of $691.68 million for the quarter, compared to analysts’ expectations of $630.21 million. Fair Isaac had a negative return on equity of 41.04% and a net margin of 33.67%.Fair Isaac’s revenue for the quarter was up 38.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $7.81 earnings per share. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. On average, equities research analysts forecast that Fair Isaac Corporation will post 38 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on FICO shares. Barclays lowered their target price on Fair Isaac from $2,400.00 to $1,950.00 and set an “overweight” rating for the company in a research note on Friday, April 10th. Mizuho began coverage on shares of Fair Isaac in a research report on Thursday, April 16th. They set an “outperform” rating and a $1,416.00 target price on the stock. Robert W. Baird set a $1,549.00 price target on shares of Fair Isaac in a report on Wednesday, April 29th. Weiss Ratings raised shares of Fair Isaac from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, July 15th. Finally, Bank of America cut their price target on Fair Isaac from $1,550.00 to $1,400.00 and set a “buy” rating on the stock in a research note on Tuesday, May 19th. Ten analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, Fair Isaac currently has an average rating of “Moderate Buy” and an average target price of $1,627.93.

About Fair Isaac

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.