EFG International AG bought a new position in Fair Isaac Corporation (NYSE:FICO – Free Report) in the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 875 shares of the technology company’s stock, valued at approximately $1,045,000.
Other institutional investors also recently bought and sold shares of the company. Great Lakes Advisors LLC boosted its holdings in shares of Fair Isaac by 5.7% during the first quarter. Great Lakes Advisors LLC now owns 112 shares of the technology company’s stock worth $207,000 after purchasing an additional 6 shares during the last quarter. San Luis Wealth Advisors LLC increased its stake in Fair Isaac by 2.8% in the third quarter. San Luis Wealth Advisors LLC now owns 253 shares of the technology company’s stock valued at $379,000 after purchasing an additional 7 shares during the last quarter. Interchange Capital Partners LLC lifted its position in Fair Isaac by 1.0% during the fourth quarter. Interchange Capital Partners LLC now owns 812 shares of the technology company’s stock worth $1,373,000 after buying an additional 8 shares during the period. Pinnacle Wealth Management Advisory Group LLC boosted its stake in Fair Isaac by 4.9% in the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 172 shares of the technology company’s stock worth $291,000 after buying an additional 8 shares during the last quarter. Finally, Pinnacle Associates Ltd. grew its holdings in Fair Isaac by 4.9% in the 4th quarter. Pinnacle Associates Ltd. now owns 172 shares of the technology company’s stock valued at $291,000 after buying an additional 8 shares during the period. 85.75% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at Fair Isaac
In related news, Director Eva Manolis sold 967 shares of Fair Isaac stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $1,400.00, for a total transaction of $1,353,800.00. Following the sale, the director directly owned 498 shares in the company, valued at $697,200. The trade was a 66.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.02% of the stock is currently owned by corporate insiders.
Fair Isaac Stock Performance
Fair Isaac (NYSE:FICO – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The technology company reported $12.18 earnings per share for the quarter, beating analysts’ consensus estimates of $11.76 by $0.42. Fair Isaac had a negative return on equity of 32.51% and a net margin of 34.05%.The company had revenue of $674.19 million for the quarter, compared to analysts’ expectations of $679.17 million. During the same quarter in the previous year, the company posted $8.57 earnings per share. The business’s revenue for the quarter was up 25.7% compared to the same quarter last year. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. Analysts predict that Fair Isaac Corporation will post 37.37 EPS for the current year.
Wall Street Analysts Forecast Growth
FICO has been the topic of several recent analyst reports. UBS Group cut their price objective on shares of Fair Isaac from $1,200.00 to $1,130.00 and set a “neutral” rating on the stock in a report on Wednesday, August 12th. Wall Street Zen downgraded shares of Fair Isaac from a “buy” rating to a “hold” rating in a research note on Sunday, June 28th. Bank of America lowered their target price on Fair Isaac from $1,550.00 to $1,400.00 and set a “buy” rating for the company in a research note on Tuesday, May 19th. Raymond James Financial reaffirmed an “outperform” rating and set a $1,750.00 price target on shares of Fair Isaac in a report on Wednesday, April 29th. Finally, JPMorgan Chase & Co. lowered their price objective on Fair Isaac from $1,325.00 to $1,225.00 and set a “neutral” rating for the company in a research note on Thursday, April 30th. Eleven research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,553.69.
Check Out Our Latest Research Report on FICO
Fair Isaac Company 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.
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