XXEC Inc. Purchases New Position in Fair Isaac Corporation $FICO

XXEC Inc. purchased a new position in Fair Isaac Corporation (NYSE:FICO) in the second quarter, HoldingsChannel reports. The fund purchased 38,814,075 shares of the technology company’s stock, valued at approximately $33,189,000. Fair Isaac makes up approximately 0.0% of XXEC Inc.’s portfolio, making the stock its 23rd largest holding. XXEC Inc. owned about 1.80% of Fair Isaac at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of FICO. Westpac Banking Corp bought a new stake in Fair Isaac during the 2nd quarter valued at approximately $168,000. GCQ FUNDS MANAGEMENT PTY Ltd purchased a new position in shares of Fair Isaac during the 2nd quarter worth approximately $56,719,000. Landscape Capital Management L.L.C. bought a new position in shares of Fair Isaac in the 2nd quarter worth approximately $686,000. Korea Investment CORP bought a new position in shares of Fair Isaac in the 2nd quarter worth approximately $13,298,000. Finally, Heartland Bank & Trust Co bought a new position in shares of Fair Isaac in the 2nd quarter worth approximately $551,000. 85.75% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Fair Isaac news, Director Eva Manolis sold 967 shares of Fair Isaac stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $1,400.00, for a total transaction of $1,353,800.00. Following the completion of the transaction, the director owned 498 shares in the company, valued at approximately $697,200. The trade was a 66.01% decrease in their ownership of the stock. The sale was disclosed in a 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. 3.02% of the stock is currently owned by company insiders.

Fair Isaac Stock Performance

Shares of NYSE FICO opened at $1,174.20 on Friday. The company has a 50 day simple moving average of $1,173.21 and a two-hundred day simple moving average of $1,183.68. Fair Isaac Corporation has a fifty-two week low of $870.01 and a fifty-two week high of $1,998.01. The company has a market capitalization of $25.36 billion, a price-to-earnings ratio of 33.92, a P/E/G ratio of 1.05 and a beta of 1.30.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings results on Wednesday, July 29th. The technology company reported $12.18 EPS for the quarter, topping analysts’ consensus estimates of $11.76 by $0.42. The firm had revenue of $674.19 million for the quarter, compared to analysts’ expectations of $679.17 million. Fair Isaac had a negative return on equity of 32.51% and a net margin of 34.05%.The business’s revenue for the quarter was up 25.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $8.57 EPS. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. On average, analysts forecast that Fair Isaac Corporation will post 37.37 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

FICO has been the topic of several research reports. UBS Group dropped their price target on Fair Isaac from $1,200.00 to $1,130.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 12th. Barclays decreased their price objective on Fair Isaac from $1,950.00 to $1,700.00 and set an “overweight” rating for the company in a report on Monday, August 10th. Bank of America lowered their price objective on Fair Isaac from $1,550.00 to $1,400.00 and set a “buy” rating for the company in a research report on Tuesday, May 19th. Needham & Company LLC restated a “buy” rating and set a $1,650.00 target price on shares of Fair Isaac in a report on Thursday, July 30th. Finally, Weiss Ratings cut shares of Fair Isaac from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, July 30th. Eleven investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $1,553.69.

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.