Tema Etfs LLC Purchases 616 Shares of Fair Isaac Corporation $FICO

Tema Etfs LLC boosted its position in Fair Isaac Corporation (NYSE:FICO) by 74.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,442 shares of the technology company’s stock after acquiring an additional 616 shares during the period. Tema Etfs LLC’s holdings in Fair Isaac were worth $2,158,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FICO. Westside Investment Management Inc. acquired a new position in Fair Isaac during the 2nd quarter valued at about $26,000. ORG Partners LLC bought a new stake in shares of Fair Isaac during the second quarter worth approximately $27,000. Hilltop National Bank acquired a new position in Fair Isaac in the second quarter valued at approximately $27,000. Pinnacle Bancorp Inc. bought a new position in Fair Isaac in the second quarter valued at approximately $31,000. Finally, Ransom Advisory Ltd bought a new position in Fair Isaac in the third quarter valued at approximately $30,000. 85.75% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Wells Fargo & Company increased their price target on Fair Isaac from $2,300.00 to $2,400.00 and gave the company an “overweight” rating in a research note on Tuesday, October 14th. BMO Capital Markets dropped their price objective on Fair Isaac from $2,300.00 to $2,200.00 and set an “outperform” rating for the company in a report on Thursday, November 6th. Robert W. Baird increased their target price on Fair Isaac from $1,900.00 to $1,960.00 and gave the company an “outperform” rating in a research note on Thursday, November 6th. Jefferies Financial Group decreased their target price on Fair Isaac from $2,150.00 to $2,100.00 and set a “buy” rating for the company in a research report on Thursday, November 6th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $1,950.00 price target on shares of Fair Isaac in a research report on Thursday, October 2nd. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $2,076.77.

Insider Transactions at Fair Isaac

In other news, CFO Steven P. Weber sold 1,426 shares of the company’s stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $1,810.00, for a total transaction of $2,581,060.00. Following the completion of the transaction, the chief financial officer directly owned 2,804 shares of the company’s stock, valued at $5,075,240. This represents a 33.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Eva Manolis sold 521 shares of Fair Isaac stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $1,825.83, for a total value of $951,257.43. Following the completion of the sale, the director directly owned 344 shares in the company, valued at approximately $628,085.52. This represents a 60.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 4,347 shares of company stock valued at $7,691,229 over the last three months. Company insiders own 3.46% of the company’s stock.

Fair Isaac Stock Performance

Shares of FICO stock opened at $1,630.53 on Tuesday. The company’s 50 day moving average price is $1,735.46 and its two-hundred day moving average price is $1,620.17. Fair Isaac Corporation has a 52 week low of $1,300.00 and a 52 week high of $2,217.60. The company has a market capitalization of $38.66 billion, a P/E ratio of 61.41, a price-to-earnings-growth ratio of 1.81 and a beta of 1.30.

Fair Isaac (NYSE:FICO) last posted its quarterly earnings data on Thursday, October 30th. The technology company reported $7.74 EPS for the quarter, beating the consensus estimate of $7.36 by $0.38. The business had revenue of $515.75 million for the quarter, compared to analysts’ expectations of $512.38 million. Fair Isaac had a net margin of 32.75% and a negative return on equity of 43.97%. The firm’s revenue was up 13.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $6.54 EPS. Analysts forecast that Fair Isaac Corporation will post 24.15 earnings per share for the current year.

Fair Isaac 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.