Los Angeles Capital Management LLC Cuts Stock Position in Fair Isaac Corporation $FICO

Los Angeles Capital Management LLC cut its holdings in shares of Fair Isaac Corporation (NYSE:FICO) by 74.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,932 shares of the technology company’s stock after selling 11,661 shares during the period. Los Angeles Capital Management LLC’s holdings in Fair Isaac were worth $6,234,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Heartland Bank & Trust Co increased its stake in Fair Isaac by 1.3% during the third quarter. Heartland Bank & Trust Co now owns 464 shares of the technology company’s stock worth $694,000 after purchasing an additional 6 shares during the period. GW&K Investment Management LLC increased its stake in Fair Isaac by 4.6% during the third quarter. GW&K Investment Management LLC now owns 136 shares of the technology company’s stock worth $204,000 after purchasing an additional 6 shares during the period. Great Lakes Advisors LLC increased its stake in 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 period. Capital Investment Advisory Services LLC increased its stake in Fair Isaac by 1.9% during the fourth quarter. Capital Investment Advisory Services LLC now owns 367 shares of the technology company’s stock worth $620,000 after purchasing an additional 7 shares during the period. Finally, San Luis Wealth Advisors LLC increased its stake in Fair Isaac by 2.8% during the third quarter. San Luis Wealth Advisors LLC now owns 253 shares of the technology company’s stock worth $379,000 after purchasing an additional 7 shares during the period. 85.75% of the stock is currently owned by hedge funds and other institutional investors.

Fair Isaac Stock Performance

FICO stock opened at $1,209.92 on Tuesday. The company’s 50 day moving average price is $1,107.87 and its 200 day moving average price is $1,375.28. Fair Isaac Corporation has a fifty-two week low of $870.01 and a fifty-two week high of $1,998.01. The firm has a market capitalization of $28.06 billion, a price-to-earnings ratio of 38.33, a PEG ratio of 1.00 and a beta of 1.28.

Fair Isaac (NYSE:FICO) last released its earnings results on Tuesday, April 28th. The technology company reported $12.50 earnings per share 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 firm had revenue of $691.68 million for the quarter, compared to analyst estimates of $630.21 million. During the same period in the prior year, the firm earned $7.81 earnings per share. The business’s quarterly revenue was up 38.7% compared to the same quarter last year. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. Equities analysts forecast that Fair Isaac Corporation will post 38.06 EPS for the current fiscal year.

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

Wall Street Analyst Weigh In

A number of brokerages have issued reports on FICO. JPMorgan Chase & Co. cut their price target on shares of Fair Isaac from $1,325.00 to $1,225.00 and set a “neutral” rating on the stock in a research note on Thursday, April 30th. Raymond James Financial reiterated an “outperform” rating and set a $1,750.00 price target on shares of Fair Isaac in a research note on Wednesday, April 29th. Needham & Company LLC cut their price target on shares of Fair Isaac from $1,975.00 to $1,650.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. The Goldman Sachs Group cut their price target on shares of Fair Isaac from $1,770.00 to $1,528.00 and set a “buy” rating on the stock in a research note on Thursday, April 2nd. Finally, Wells Fargo & Company cut their price target on shares of Fair Isaac from $1,650.00 to $1,400.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Ten research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $1,619.36.

About Fair Isaac

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.