Ninety One SA Pty Ltd Acquires New Holdings in Fair Isaac Corporation $FICO

Ninety One SA Pty Ltd acquired a new position in Fair Isaac Corporation (NYSE:FICO) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 810 shares of the technology company’s stock, valued at approximately $490,000.

Other large investors also recently added to or reduced their stakes in the company. XXEC Inc. purchased a new stake in shares of Fair Isaac in the 2nd quarter worth $33,189,000. BlackRock Inc. bought a new position in Fair Isaac in the 2nd quarter worth $2,491,517,000. Primecap Management Co. CA bought a new position in Fair Isaac in the 2nd quarter worth $433,508,000. Lindsell Train Ltd lifted its position in Fair Isaac by 15.2% during the first quarter. Lindsell Train Ltd now owns 249,422 shares of the technology company’s stock valued at $266,268,000 after purchasing an additional 32,829 shares in the last quarter. Finally, Van ECK Associates Corp lifted its position in Fair Isaac by 95.0% during 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. 85.75% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have commented on FICO shares. Susquehanna set a $700.00 price target on Fair Isaac in a research report on Wednesday, September 30th. The Goldman Sachs Group set a $1,322.00 price objective on Fair Isaac in a research report on Tuesday, September 29th. Needham & Company LLC lowered their price objective on Fair Isaac from $1,650.00 to $1,100.00 and set a “buy” rating on the stock in a research report on Tuesday. Jefferies Financial Group reiterated a “buy” rating on shares of Fair Isaac in a research note on Tuesday, September 29th. Finally, Griffin Securities set a $1,150.00 price objective on Fair Isaac in a research note on Thursday, October 1st. Ten investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Fair Isaac has an average rating of “Moderate Buy” and a consensus target price of $1,143.50.

Insider Transactions at Fair Isaac

In other Fair Isaac news, Director Eva Manolis sold 967 shares of the company’s stock in a transaction on 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 transaction, the director owned 498 shares of the company’s stock, valued at $697,200. This represents a 66.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available 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 insiders.

Fair Isaac Stock Performance

Shares of FICO traded up $37.87 during mid-day trading on Thursday, hitting $757.50. 379,373 shares of the stock were exchanged, compared to its average volume of 442,853. The company has a market cap of $16.36 billion, a PE ratio of 21.90, a price-to-earnings-growth ratio of 0.82 and a beta of 1.35. Fair Isaac Corporation has a 52-week low of $586.05 and a 52-week high of $1,858.91. The firm has a 50-day moving average of $946.07 and a two-hundred day moving average of $1,078.49.

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. On average, sell-side analysts predict that Fair Isaac Corporation will post 36.83 EPS for the current year.

About Fair Isaac

Fair Isaac Corporation, known as FICO, develops analytics and software used by businesses to make decisions about credit, risk, fraud, customer engagement and other operational activities. The company is best known for the FICO Score, a credit-risk scoring system used by lenders to help evaluate consumer creditworthiness.

FICO’s offerings include credit scoring solutions, decision-management software, fraud detection and identity verification tools, and analytics platforms. Its products are used by financial institutions, insurers, retailers, telecommunications companies and other organizations to automate decisions, manage risk and improve customer relationships.