EFG Asset Management Americas Corp. Decreases Stock Holdings in Fair Isaac Corporation $FICO

EFG Asset Management Americas Corp. lowered its holdings in Fair Isaac Corporation (NYSE:FICO) by 66.6% in the 3rd quarter, Holdings Channel.com reports. The fund owned 347 shares of the technology company’s stock after selling 692 shares during the quarter. EFG Asset Management Americas Corp.’s holdings in Fair Isaac were worth $519,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Heartland Bank & Trust Co lifted its holdings in shares of Fair Isaac by 1.3% during the 3rd quarter. Heartland Bank & Trust Co now owns 464 shares of the technology company’s stock valued at $694,000 after acquiring an additional 6 shares in the last quarter. GW&K Investment Management LLC increased its holdings in Fair Isaac by 4.6% in the 3rd quarter. GW&K Investment Management LLC now owns 136 shares of the technology company’s stock valued at $204,000 after purchasing an additional 6 shares in the last quarter. Great Lakes Advisors LLC increased its holdings in Fair Isaac by 5.7% in the 1st quarter. Great Lakes Advisors LLC now owns 112 shares of the technology company’s stock valued at $207,000 after purchasing an additional 6 shares in the last quarter. Meeder Asset Management Inc. raised its position in Fair Isaac by 66.7% in 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. Finally, Parkside Financial Bank & Trust raised its position in Fair Isaac by 5.9% in the third quarter. Parkside Financial Bank & Trust now owns 143 shares of the technology company’s stock valued at $214,000 after purchasing an additional 8 shares during the period. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Wall Street Analysts Forecast Growth

FICO has been the subject of several analyst reports. UBS Group decreased their target price on Fair Isaac from $1,500.00 to $1,350.00 and set a “neutral” rating for the company in a research report on Wednesday, March 11th. Zacks Research lowered Fair Isaac from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 1st. Weiss Ratings reiterated a “hold (c+)” rating on shares of Fair Isaac in a report on Monday, December 29th. The Goldman Sachs Group reduced their price target on Fair Isaac from $2,070.00 to $1,777.00 and set a “buy” rating on the stock in a research report on Monday, February 2nd. Finally, Wells Fargo & Company upped their price target on Fair Isaac from $2,400.00 to $2,500.00 and gave the stock an “overweight” rating in a report on Wednesday, January 14th. Nine analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, Fair Isaac presently has an average rating of “Moderate Buy” and an average target price of $1,972.31.

Fair Isaac Price Performance

Shares of Fair Isaac stock opened at $1,131.13 on Monday. The business has a 50-day moving average of $1,436.84 and a 200-day moving average of $1,589.15. The company has a market capitalization of $26.83 billion, a PE ratio of 41.86, a P/E/G ratio of 1.09 and a beta of 1.28. Fair Isaac Corporation has a 1-year low of $1,068.67 and a 1-year high of $2,217.60.

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 the consensus estimate of $7.08 by $0.25. The business had revenue of $766.00 million for the quarter, compared to analysts’ expectations of $501.05 million. Fair Isaac had a negative return on equity of 40.98% and a net margin of 31.89%.The company’s revenue was up 16.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $5.79 earnings per share. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. On average, equities analysts expect that Fair Isaac Corporation will post 24.15 earnings per share for the current fiscal year.

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

Insiders Place Their Bets

In other news, Director Eva Manolis sold 520 shares of the stock in a transaction that occurred 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 completion of the transaction, the director directly owned 344 shares in the company, valued at approximately $422,304.72. This represents a 60.19% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Joanna Rees sold 358 shares of the firm’s stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $1,360.00, for a total transaction of $486,880.00. Following the sale, the director directly owned 11,204 shares of the company’s stock, valued at $15,237,440. The trade was a 3.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 2,304 shares of company stock worth $3,706,308 in the last three months. 3.02% of the stock is owned by insiders.

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.