iA Global Asset Management Inc. Takes Position in Fair Isaac Corporation $FICO

iA Global Asset Management Inc. bought a new stake in shares of Fair Isaac Corporation (NYSE:FICO) in the 4th quarter, HoldingsChannel.com reports. The firm bought 823 shares of the technology company’s stock, valued at approximately $1,391,000.

Other hedge funds have also modified their holdings of the company. Physician Wealth Advisors Inc. lifted its holdings in shares of Fair Isaac by 166.7% during the fourth quarter. Physician Wealth Advisors Inc. now owns 16 shares of the technology company’s stock valued at $27,000 after purchasing an additional 10 shares during the last quarter. Torren Management LLC purchased a new stake in Fair Isaac in the 4th quarter worth about $30,000. Cornerstone Planning Group LLC lifted its stake in Fair Isaac by 280.0% in the 3rd quarter. Cornerstone Planning Group LLC now owns 19 shares of the technology company’s stock worth $30,000 after acquiring an additional 14 shares in the last quarter. Root Financial Partners LLC purchased a new stake in Fair Isaac in the 3rd quarter worth about $30,000. Finally, Strengthening Families & Communities LLC purchased a new stake in Fair Isaac in the 3rd quarter worth about $34,000. 85.75% of the stock is owned by hedge funds and other institutional investors.

Fair Isaac Stock Performance

Shares of NYSE FICO opened at $1,183.95 on Tuesday. The firm has a market cap of $27.46 billion, a price-to-earnings ratio of 37.50, a P/E/G ratio of 0.97 and a beta of 1.24. The business’s 50-day simple moving average is $1,089.37 and its 200-day simple moving average is $1,424.37. Fair Isaac Corporation has a 52 week low of $870.01 and a 52 week high of $2,217.60.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings data on Tuesday, April 28th. The technology company reported $12.50 EPS for the quarter, beating 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 business had revenue of $691.68 million for the quarter, compared to analyst estimates of $630.21 million. During the same quarter in the prior year, the firm posted $7.81 EPS. The firm’s revenue for the quarter was up 38.7% on a year-over-year basis. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. As a group, equities research analysts forecast that Fair Isaac Corporation will post 37.99 earnings per share for the current year.

Fair Isaac announced that its Board of Directors has authorized a share buyback program on Wednesday, February 25th that permits the company to repurchase $1.50 billion in shares. This repurchase authorization permits the technology company to repurchase up to 5.2% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s management believes its shares are undervalued.

Insider Buying and Selling at Fair Isaac

In other news, Director Eva Manolis sold 520 shares of the business’s stock in a transaction on Wednesday, February 25th. The shares were 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 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 Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 3.02% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on FICO. Jefferies Financial Group reduced their price objective on Fair Isaac from $1,800.00 to $1,700.00 and set a “buy” rating for the company in a research note on Monday, May 4th. The Goldman Sachs Group reduced their price objective on Fair Isaac from $1,770.00 to $1,528.00 and set a “buy” rating for the company in a research note on Thursday, April 2nd. Mizuho initiated coverage on Fair Isaac in a research note on Thursday, April 16th. They issued an “outperform” rating and a $1,416.00 price objective for the company. Wall Street Zen lowered Fair Isaac from a “buy” rating to a “hold” rating in a research report on Sunday. Finally, Wells Fargo & Company dropped their target price on Fair Isaac from $1,650.00 to $1,400.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. Ten investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,655.07.

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.