Titan Investment Management LLC Acquires 1,845 Shares of Fair Isaac Corporation $FICO

Titan Investment Management LLC purchased a new stake in shares of Fair Isaac Corporation (NYSE:FICO) during the 3rd quarter, Holdings Channel reports. The institutional investor purchased 1,845 shares of the technology company’s stock, valued at approximately $1,093,000.

A number of other hedge funds have also modified their holdings of the stock. BlackRock Inc. bought a new position in Fair Isaac during the 2nd quarter valued at about $2,491,517,000. Primecap Management Co. CA bought a new position in shares of Fair Isaac during the 2nd quarter valued at about $433,508,000. Van ECK Associates Corp lifted its holdings in shares of Fair Isaac by 95.0% in the second quarter. Van ECK Associates Corp now owns 223,798 shares of the technology company’s stock valued at $267,389,000 after purchasing an additional 109,027 shares in the last quarter. Lindsell Train Ltd boosted its stake in shares of Fair Isaac by 15.2% during the 1st quarter. Lindsell Train Ltd now owns 249,422 shares of the technology company’s stock worth $266,268,000 after buying an additional 32,829 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its stake in Fair Isaac by 9.2% in the first quarter. Arrowstreet Capital Limited Partnership now owns 175,917 shares of the technology company’s stock valued at $187,798,000 after acquiring an additional 14,792 shares during the last quarter. 85.75% of the stock is owned by institutional investors and hedge funds.

Fair Isaac Price Performance

Shares of NYSE:FICO opened at $823.24 on Friday. Fair Isaac Corporation has a 1 year low of $586.05 and a 1 year high of $1,858.91. The business has a fifty day moving average price of $914.58 and a two-hundred day moving average price of $1,067.01. The company has a market capitalization of $17.78 billion, a PE ratio of 23.78, a price-to-earnings-growth ratio of 0.94 and a beta of 1.35.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings data on Wednesday, July 29th. The technology company reported $12.18 EPS for the quarter, topping the consensus estimate of $11.76 by $0.42. Fair Isaac had a net margin of 34.05% and a negative return on equity of 32.51%. The business had revenue of $674.19 million for the quarter, compared to analyst estimates of $679.17 million. During the same quarter in the previous year, the firm posted $8.57 earnings per share. The company’s revenue for the quarter was up 25.7% on a year-over-year basis. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. Sell-side analysts anticipate that Fair Isaac Corporation will post 36.66 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director Eva Manolis sold 967 shares of the business’s 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 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 SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 3.02% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on FICO. Mizuho reduced their target price on shares of Fair Isaac from $1,344.00 to $1,063.00 and set an “outperform” rating for the company in a report on Monday. Wells Fargo & Company dropped their price target on Fair Isaac from $1,350.00 to $950.00 and set an “overweight” rating for the company in a research note on Wednesday, September 30th. The Goldman Sachs Group set a $1,322.00 price target on Fair Isaac in a research report on Tuesday, September 29th. Zacks Research lowered Fair Isaac from a “hold” rating to a “strong sell” rating in a research report on Wednesday, October 7th. Finally, Needham & Company LLC reduced their price objective on Fair Isaac from $1,650.00 to $1,100.00 and set a “buy” rating for the company in a research note on Tuesday, October 13th. Ten research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,095.94.

Fair Isaac Profile

Fair Isaac Corporation, commonly known as FICO, develops analytics and decision-management software used by businesses to assess risk, detect fraud and make customer-related decisions. The company is best known for the FICO Score, a credit-risk scoring system used by lenders and other financial institutions to evaluate consumer creditworthiness.

FICO’s offerings include credit scoring solutions, decisioning platforms, fraud-detection tools, customer management software and predictive analytics.