Corient Private Wealth LP Invests $7.40 Million in Fair Isaac Corporation $FICO

Corient Private Wealth LP purchased a new stake in Fair Isaac Corporation (NYSE:FICOFree Report) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 6,197 shares of the technology company’s stock, valued at approximately $7,403,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Bayban purchased a new stake in Fair Isaac during the fourth quarter worth approximately $25,000. Western Wealth Management LLC purchased a new position in shares of Fair Isaac in the 1st quarter valued at $29,000. Keating Financial Advisory Services Inc. acquired a new position in shares of Fair Isaac during the 2nd quarter valued at $30,000. Elyxium Wealth LLC acquired a new position in shares of Fair Isaac during the 4th quarter valued at $42,000. Finally, Rakuten Securities Inc. boosted its position in Fair Isaac by 100.0% during the 2nd quarter. Rakuten Securities Inc. now owns 24 shares of the technology company’s stock worth $44,000 after purchasing an additional 12 shares during the period. 85.75% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently issued reports on FICO shares. Jefferies Financial Group set a $1,675.00 price target on Fair Isaac in a report on Monday, August 3rd. Wells Fargo & Company upped their target price on Fair Isaac from $1,400.00 to $1,450.00 and gave the stock an “overweight” rating in a research report on Thursday, July 30th. Barclays lowered their target price on Fair Isaac from $1,950.00 to $1,700.00 and set an “overweight” rating for the company in a research note on Monday, August 10th. Bank of America dropped their target price on Fair Isaac from $1,550.00 to $1,400.00 and set a “buy” rating on the stock in a report on Tuesday, May 19th. Finally, Wall Street Zen lowered Fair Isaac from a “buy” rating to a “hold” rating in a research report on Sunday, June 28th. Eleven investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $1,553.69.

View Our Latest Research Report on Fair Isaac

Fair Isaac Price Performance

Fair Isaac stock opened at $1,154.38 on Monday. Fair Isaac Corporation has a 12-month low of $870.01 and a 12-month high of $1,998.01. The company has a market capitalization of $24.93 billion, a price-to-earnings ratio of 33.34, a price-to-earnings-growth ratio of 1.04 and a beta of 1.30. The firm’s fifty day moving average price is $1,174.41 and its 200 day moving average price is $1,174.19.

Fair Isaac (NYSE:FICOGet Free Report) last posted its quarterly earnings data 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. The company had revenue of $674.19 million during the quarter, compared to analysts’ expectations of $679.17 million. Fair Isaac had a net margin of 34.05% and a negative return on equity of 32.51%. The firm’s revenue for the quarter was up 25.7% on a year-over-year basis. During the same period in the prior year, the company posted $8.57 EPS. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. Analysts forecast that Fair Isaac Corporation will post 37.37 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Eva Manolis sold 967 shares of the stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $1,400.00, for a total value of $1,353,800.00. Following the completion of the transaction, the director owned 498 shares of the company’s stock, valued at approximately $697,200. This represents a 66.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 3.02% of the company’s stock.

About Fair Isaac

(Free Report)

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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Institutional Ownership by Quarter for Fair Isaac (NYSE:FICO)

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