Fair Isaac (NYSE:FICO) Trading 5.6% Higher – Here’s What Happened

Fair Isaac Corporation (NYSE:FICO) shares were up 5.6% during mid-day trading on Wednesday . The company traded as high as $994.50 and last traded at $985.7680. 528,183 shares were traded during mid-day trading, an increase of 52% from the average daily volume of 347,832 shares. The stock had previously closed at $933.30.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on FICO shares. Needham & Company LLC reaffirmed a “buy” rating and issued a $1,650.00 target price on shares of Fair Isaac in a report on Thursday, July 30th. Wells Fargo & Company boosted their price objective on 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. 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 on the stock in a report on Thursday, July 30th. UBS Group reduced 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 note on Wednesday, August 12th. Finally, Bank of America lowered their target price on shares of Fair Isaac from $1,550.00 to $1,400.00 and set a “buy” rating on the stock in a research note on Tuesday, May 19th. Eleven analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,553.69.

Fair Isaac Stock Performance

The business’s fifty day moving average price is $1,159.18 and its two-hundred day moving average price is $1,158.53. The stock has a market capitalization of $21.05 billion, a P/E ratio of 28.41, a P/E/G ratio of 0.84 and a beta of 1.32.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings data on Wednesday, July 29th. The technology company reported $12.18 earnings per share for the quarter, topping 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 company had revenue of $674.19 million for the quarter, compared to analysts’ expectations of $679.17 million. During the same period in the previous year, the firm posted $8.57 earnings per share. The firm’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. As a group, analysts forecast that Fair Isaac Corporation will post 37.37 earnings per share for the current year.

Insider Transactions at Fair Isaac

In other Fair Isaac news, Director Eva Manolis sold 967 shares of the business’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $1,400.00, for a total transaction of $1,353,800.00. Following the transaction, the director owned 498 shares in the company, valued at $697,200. The trade was a 66.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.02% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Fair Isaac

A number of institutional investors and hedge funds have recently modified their holdings of FICO. Capstone Financial Advisors Inc. purchased a new stake in Fair Isaac in the second quarter worth about $208,000. Sequoia Financial Advisors LLC grew its position in shares of Fair Isaac by 15.4% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 1,089 shares of the technology company’s stock worth $1,301,000 after buying an additional 145 shares during the last quarter. National Pension Service boosted its stake in Fair Isaac by 14.0% in the second quarter. National Pension Service now owns 42,022 shares of the technology company’s stock valued at $50,207,000 after acquiring an additional 5,147 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC acquired a new stake in Fair Isaac in the second quarter valued at approximately $215,000. Finally, RFG Advisory LLC purchased a new position in Fair Isaac in the second quarter worth $382,000. 85.75% of the stock is owned by institutional investors.

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.