Spyglass Capital Management LLC Takes $41.41 Million Position in Fair Isaac Corporation $FICO

Spyglass Capital Management LLC acquired a new stake in Fair Isaac Corporation (NYSE:FICO) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 27,673 shares of the technology company’s stock, valued at approximately $41,413,000. Fair Isaac accounts for about 2.2% of Spyglass Capital Management LLC’s holdings, making the stock its 21st biggest position. Spyglass Capital Management LLC owned about 0.12% of Fair Isaac at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of FICO. Ransom Advisory Ltd bought a new stake in Fair Isaac in the third quarter worth about $30,000. Meeder Asset Management Inc. lifted its holdings in Fair Isaac by 66.7% in the 3rd quarter. Meeder Asset Management Inc. now owns 20 shares of the technology company’s stock valued at $30,000 after acquiring an additional 8 shares during the last quarter. Root Financial Partners LLC bought a new position in shares of Fair Isaac during the 3rd quarter valued at about $30,000. Cornerstone Planning Group LLC boosted its position in shares of Fair Isaac by 280.0% during the 3rd quarter. Cornerstone Planning Group LLC now owns 19 shares of the technology company’s stock valued at $30,000 after purchasing an additional 14 shares in the last quarter. Finally, Strengthening Families & Communities LLC acquired a new position in shares of Fair Isaac in the 3rd quarter worth approximately $34,000. Institutional investors own 85.75% of the company’s stock.

Fair Isaac Trading Up 3.4%

FICO stock opened at $1,131.13 on Friday. Fair Isaac Corporation has a one year low of $1,068.67 and a one year high of $2,217.60. The firm has a 50-day moving average of $1,436.84 and a two-hundred day moving average of $1,586.84. The firm has a market capitalization of $26.83 billion, a PE ratio of 41.86, a P/E/G ratio of 1.05 and a beta of 1.28.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings results on Wednesday, January 28th. The technology company reported $7.33 EPS for the quarter, beating the consensus estimate of $7.08 by $0.25. Fair Isaac had a net margin of 31.89% and a negative return on equity of 40.98%. The business had revenue of $766.00 million during the quarter, compared to the consensus estimate of $501.05 million. During the same quarter in the prior year, the firm earned $5.79 EPS. The firm’s quarterly revenue 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, equities research analysts anticipate that Fair Isaac Corporation will post 24.15 earnings per share for the current year.

Fair Isaac declared that its Board of Directors has authorized a share repurchase plan on Wednesday, February 25th that allows the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization allows the technology company to reacquire up to 5.2% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board of directors believes its shares are undervalued.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. Bank of America started coverage on shares of Fair Isaac in a report on Tuesday, February 17th. They issued a “buy” rating and a $1,900.00 target price on the stock. UBS Group decreased their price target on shares of Fair Isaac from $1,500.00 to $1,350.00 and set a “neutral” rating on the stock in a research report on Wednesday. Zacks Research cut Fair Isaac from a “strong-buy” rating to a “hold” rating in a report on Monday, December 1st. Needham & Company LLC reiterated a “buy” rating on shares of Fair Isaac in a research report on Thursday, February 26th. Finally, Jefferies Financial Group raised their price objective on Fair Isaac from $2,100.00 to $2,200.00 and gave the stock a “buy” rating in a research note on Friday, January 16th. Nine research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,972.31.

Insider Activity

In other news, Director Eva Manolis sold 520 shares of Fair Isaac stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $1,227.63, for a total transaction of $638,367.60. Following the transaction, the director owned 344 shares in the company, valued at approximately $422,304.72. The trade was a 60.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Steven P. Weber sold 1,426 shares of the company’s stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $1,810.00, for a total value of $2,581,060.00. Following the transaction, the chief financial officer directly owned 2,804 shares in the company, valued at $5,075,240. The trade was a 33.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 2,304 shares of company stock worth $3,706,308 over the last quarter. Corporate insiders own 3.02% of the company’s stock.

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.