Fair Isaac Corporation $FICO is Spyglass Capital Management LLC’s 6th Largest Position

Spyglass Capital Management LLC lifted its holdings in Fair Isaac Corporation (NYSE:FICO) by 33.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 74,948 shares of the technology company’s stock after acquiring an additional 18,598 shares during the period. Fair Isaac makes up 4.8% of Spyglass Capital Management LLC’s portfolio, making the stock its 6th biggest position. Spyglass Capital Management LLC’s holdings in Fair Isaac were worth $89,546,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Bayban acquired a new stake in Fair Isaac in the 4th quarter valued at $25,000. Rakuten Securities Inc. lifted its stake in shares of Fair Isaac by 100.0% during the second quarter. Rakuten Securities Inc. now owns 24 shares of the technology company’s stock worth $44,000 after purchasing an additional 12 shares in the last quarter. Elyxium Wealth LLC purchased a new stake in shares of Fair Isaac in the fourth quarter worth about $42,000. Keating Financial Advisory Services Inc. purchased a new stake in shares of Fair Isaac in the second quarter worth about $30,000. Finally, Western Wealth Management LLC acquired a new stake in shares of Fair Isaac in the first quarter valued at about $29,000. Institutional investors and hedge funds own 85.75% of the company’s stock.

Insider Activity at Fair Isaac

In other news, Director Eva Manolis sold 967 shares of the business’s stock in a transaction that occurred on 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 sale, the director directly owned 498 shares in the company, valued at approximately $697,200. The trade was a 66.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 3.02% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on FICO shares. Weiss Ratings raised Fair Isaac from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday. UBS Group lowered their price objective on shares of Fair Isaac from $1,200.00 to $1,130.00 and set a “neutral” rating for the company in a research report on Wednesday, August 12th. Wells Fargo & Company lifted their price objective on shares of Fair Isaac from $1,400.00 to $1,450.00 and gave the company an “overweight” rating in a research note on Thursday, July 30th. Wall Street Zen downgraded shares of Fair Isaac from a “buy” rating to a “hold” rating in a research note on Sunday, June 28th. Finally, Royal Bank Of Canada lowered their price target on shares of Fair Isaac from $2,400.00 to $1,525.00 and set an “outperform” rating for the company in a report on Thursday, July 30th. Eleven equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $1,553.69.

Fair Isaac Stock Performance

Shares of FICO stock opened at $1,146.26 on Tuesday. The stock has a market capitalization of $24.76 billion, a price-to-earnings ratio of 33.11, a PEG ratio of 1.04 and a beta of 1.30. Fair Isaac Corporation has a one year low of $870.01 and a one year high of $1,998.01. The company’s 50-day simple moving average is $1,175.58 and its 200-day simple moving average is $1,172.54.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings data on Wednesday, July 29th. The technology company reported $12.18 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $674.19 million during the quarter, compared to analyst estimates of $679.17 million. During the same period in the previous year, the company earned $8.57 earnings per share. Fair Isaac’s quarterly revenue was up 25.7% on a year-over-year basis. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. As a group, research analysts forecast that Fair Isaac Corporation will post 37.37 EPS for the current 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.