HighTower Advisors LLC Has $2.05 Million Holdings in Fair Isaac Corporation $FICO

HighTower Advisors LLC cut its stake in Fair Isaac Corporation (NYSE:FICO) by 61.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,373 shares of the technology company’s stock after selling 2,234 shares during the period. HighTower Advisors LLC’s holdings in Fair Isaac were worth $2,054,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Westside Investment Management Inc. acquired a new stake in Fair Isaac during the second quarter worth about $26,000. Ransom Advisory Ltd acquired a new stake in shares of Fair Isaac during the 3rd quarter worth approximately $30,000. Meeder Asset Management Inc. increased its position in shares of Fair Isaac by 66.7% during the third quarter. Meeder Asset Management Inc. now owns 20 shares of the technology company’s stock valued at $30,000 after purchasing an additional 8 shares during the period. Root Financial Partners LLC acquired a new position in shares of Fair Isaac in the third quarter valued at $30,000. Finally, Cornerstone Planning Group LLC lifted its position in Fair Isaac by 280.0% in the third quarter. Cornerstone Planning Group LLC now owns 19 shares of the technology company’s stock worth $30,000 after purchasing an additional 14 shares during the period. Institutional investors own 85.75% of the company’s stock.

Fair Isaac Trading Up 1.5%

NYSE FICO opened at $1,409.72 on Friday. Fair Isaac Corporation has a 1-year low of $1,193.09 and a 1-year high of $2,217.60. The company has a 50 day moving average of $1,513.82 and a 200-day moving average of $1,590.31. The firm has a market cap of $33.44 billion, a price-to-earnings ratio of 52.17, a PEG ratio of 1.36 and a beta of 1.27.

Fair Isaac (NYSE:FICO) last released its quarterly earnings results on Wednesday, January 28th. The technology company reported $7.33 EPS for the quarter, topping analysts’ consensus estimates of $7.08 by $0.25. Fair Isaac had a negative return on equity of 40.98% and a net margin of 31.89%.The business had revenue of $766.00 million for the quarter, compared to analyst estimates of $501.05 million. During the same period in the prior year, the company earned $5.79 EPS. Fair Isaac’s revenue for the quarter was up 16.4% on a year-over-year basis. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. On average, analysts forecast that Fair Isaac Corporation will post 24.15 earnings per share for the current year.

Fair Isaac announced that its board has approved a stock buyback plan on Wednesday, February 25th that permits the company to repurchase $1.50 billion in shares. This repurchase authorization permits the technology company to purchase up to 5.2% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s board believes its shares are undervalued.

Insider Activity

In other news, Director Joanna Rees sold 358 shares of the company’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $1,360.00, for a total transaction of $486,880.00. Following the transaction, the director directly owned 11,204 shares in the company, valued at approximately $15,237,440. This represents a 3.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Eva Manolis sold 520 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $1,227.63, for a total transaction of $638,367.60. Following the completion of the sale, the director directly owned 344 shares of the company’s stock, valued at approximately $422,304.72. This represents a 60.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 2,825 shares of company stock worth $4,657,565. 3.02% of the stock is owned by corporate insiders.

Analyst Ratings Changes

FICO has been the topic of several analyst reports. Jefferies Financial Group boosted their price target on shares of Fair Isaac from $2,100.00 to $2,200.00 and gave the company a “buy” rating in a report on Friday, January 16th. The Goldman Sachs Group lowered their target price on shares of Fair Isaac from $2,070.00 to $1,777.00 and set a “buy” rating on the stock in a research note on Monday, February 2nd. Bank of America assumed coverage on shares of Fair Isaac in a research report on Tuesday, February 17th. They issued a “buy” rating and a $1,900.00 price target for the company. Zacks Research lowered Fair Isaac from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 1st. Finally, Needham & Company LLC reissued a “buy” rating on shares of Fair Isaac in a report on Thursday. Nine research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $1,994.62.

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.