Havemeyer Place LP Invests $876,000 in Fair Isaac Corporation $FICO

Havemeyer Place LP bought a new stake in shares of Fair Isaac Corporation (NYSE:FICO) in the 4th quarter, Holdings Channel reports. The institutional investor bought 518 shares of the technology company’s stock, valued at approximately $876,000.

Other institutional investors also recently bought and sold shares of the company. Physician Wealth Advisors Inc. grew its stake in Fair Isaac by 166.7% during the fourth quarter. Physician Wealth Advisors Inc. now owns 16 shares of the technology company’s stock valued at $27,000 after acquiring an additional 10 shares in the last quarter. Torren Management LLC purchased a new position in Fair Isaac during the fourth quarter valued at $30,000. Rakuten Securities Inc. grew its stake in Fair Isaac by 100.0% during the second quarter. Rakuten Securities Inc. now owns 24 shares of the technology company’s stock valued at $44,000 after acquiring an additional 12 shares in the last quarter. Elyxium Wealth LLC purchased a new position in Fair Isaac during the fourth quarter valued at $42,000. Finally, Aventura Private Wealth LLC purchased a new position in Fair Isaac during the fourth quarter valued at $51,000. 85.75% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Wells Fargo & Company cut their target price on shares of Fair Isaac from $1,650.00 to $1,400.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Barclays cut their target price on shares of 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. Jefferies Financial Group cut their target price on shares of Fair Isaac from $1,800.00 to $1,700.00 and set a “buy” rating for the company in a research note on Monday, May 4th. Needham & Company LLC cut their target price on shares of Fair Isaac from $1,975.00 to $1,650.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Finally, Mizuho assumed coverage on shares of Fair Isaac in a research note on Thursday, April 16th. They set an “outperform” rating and a $1,416.00 target price for the company. Ten analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $1,619.36.

Fair Isaac Stock Up 6.4%

Shares of NYSE:FICO opened at $1,209.92 on Tuesday. Fair Isaac Corporation has a 52 week low of $870.01 and a 52 week high of $1,998.01. The stock has a market capitalization of $28.06 billion, a P/E ratio of 38.33, a PEG ratio of 1.00 and a beta of 1.28. The firm has a fifty day simple moving average of $1,107.87 and a two-hundred day simple moving average of $1,375.28.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings data on Tuesday, April 28th. The technology company reported $12.50 EPS for the quarter, topping analysts’ consensus estimates of $11.03 by $1.47. Fair Isaac had a net margin of 33.67% and a negative return on equity of 41.04%. The business had revenue of $691.68 million during the quarter, compared to analysts’ expectations of $630.21 million. During the same period last year, the company posted $7.81 EPS. The business’s revenue was up 38.7% on a year-over-year basis. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. On average, analysts expect that Fair Isaac Corporation will post 38.06 earnings per share for the current year.

Fair Isaac announced that its board has initiated a stock buyback program on Wednesday, February 25th that permits the company to repurchase $1.50 billion in shares. This repurchase authorization permits the technology company to buy up to 5.2% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s management believes its shares are undervalued.

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.