Fair Isaac Corporation $FICO Holdings Decreased by Truist Financial Corp

Truist Financial Corp decreased its holdings in shares of Fair Isaac Corporation (NYSE:FICO) by 49.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,620 shares of the technology company’s stock after selling 1,601 shares during the quarter. Truist Financial Corp’s holdings in Fair Isaac were worth $2,739,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in Fair Isaac by 2.4% in the third quarter. Vanguard Group Inc. now owns 3,069,749 shares of the technology company’s stock valued at $4,593,971,000 after purchasing an additional 72,224 shares in the last quarter. Capital World Investors grew its stake in Fair Isaac by 874.4% in the third quarter. Capital World Investors now owns 808,393 shares of the technology company’s stock valued at $1,209,784,000 after purchasing an additional 725,432 shares in the last quarter. Principal Financial Group Inc. grew its stake in Fair Isaac by 8.1% in the third quarter. Principal Financial Group Inc. now owns 404,105 shares of the technology company’s stock valued at $604,819,000 after purchasing an additional 30,253 shares in the last quarter. Capital International Investors grew its stake in Fair Isaac by 402.8% in the third quarter. Capital International Investors now owns 377,883 shares of the technology company’s stock valued at $565,513,000 after purchasing an additional 302,734 shares in the last quarter. Finally, Kensico Capital Management Corp grew its stake in Fair Isaac by 30.4% in the third quarter. Kensico Capital Management Corp now owns 324,880 shares of the technology company’s stock valued at $486,193,000 after purchasing an additional 75,700 shares in the last quarter. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Insider Transactions at Fair Isaac

In other Fair Isaac news, Director Joanna Rees sold 358 shares of the business’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $1,360.00, for a total value of $486,880.00. Following the completion of the sale, the director owned 11,204 shares of the company’s stock, valued at $15,237,440. The trade was a 3.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Eva Manolis sold 520 shares of the business’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $1,227.63, for a total value of $638,367.60. Following the completion of the sale, the director directly owned 344 shares of the company’s stock, valued at $422,304.72. This represents a 60.19% decrease in their position. The disclosure for this sale is available in the SEC filing. 3.02% of the stock is owned by insiders.

Fair Isaac Price Performance

Shares of NYSE:FICO opened at $1,085.16 on Wednesday. Fair Isaac Corporation has a fifty-two week low of $870.01 and a fifty-two week high of $2,217.60. The business has a 50-day moving average of $1,116.70 and a two-hundred day moving average of $1,439.86. The stock has a market capitalization of $25.16 billion, a P/E ratio of 34.37, a P/E/G ratio of 0.97 and a beta of 1.24.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings results on Tuesday, April 28th. The technology company reported $12.50 earnings per share for the quarter, topping analysts’ consensus estimates of $11.03 by $1.47. Fair Isaac had a negative return on equity of 41.04% and a net margin of 33.67%.The company had revenue of $691.68 million during the quarter, compared to analysts’ expectations of $630.21 million. During the same quarter in the previous year, the firm earned $7.81 earnings per share. The business’s quarterly revenue was up 38.7% compared to the same quarter last year. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. As a group, research analysts expect that Fair Isaac Corporation will post 37.99 EPS for the current fiscal year.

Fair Isaac declared that its board has authorized a stock repurchase program on Wednesday, February 25th that allows the company to buyback $1.50 billion in shares. This buyback authorization allows the technology company to reacquire up to 5.2% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board believes its shares are undervalued.

Analyst Upgrades and Downgrades

A number of research analysts have commented on FICO shares. Jefferies Financial Group lowered their target price on Fair Isaac from $1,800.00 to $1,700.00 and set a “buy” rating on the stock in a research note on Monday, May 4th. Bank of America started coverage on Fair Isaac in a research note on Tuesday, February 17th. They issued a “buy” rating and a $1,900.00 target price on the stock. Robert W. Baird set a $1,549.00 target price on Fair Isaac in a research note on Wednesday, April 29th. The Goldman Sachs Group lowered their target price on Fair Isaac from $1,770.00 to $1,528.00 and set a “buy” rating on the stock in a research note on Thursday, April 2nd. Finally, Barclays lowered their target price on Fair Isaac from $2,400.00 to $1,950.00 and set an “overweight” rating on the stock in a research note on Friday, April 10th. Ten analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $1,655.07.

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.