Wealthfront Advisers LLC Acquires New Stake in Fair Isaac Corporation $FICO

Wealthfront Advisers LLC purchased a new position in Fair Isaac Corporation (NYSE:FICO) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 2,629 shares of the technology company’s stock, valued at approximately $3,141,000.

Other institutional investors have also recently made changes to their positions in the company. Great Lakes Advisors LLC boosted its stake in shares of Fair Isaac by 5.7% in the first quarter. Great Lakes Advisors LLC now owns 112 shares of the technology company’s stock worth $207,000 after acquiring an additional 6 shares during the period. San Luis Wealth Advisors LLC grew its stake in shares of Fair Isaac by 2.8% in the 3rd quarter. San Luis Wealth Advisors LLC now owns 253 shares of the technology company’s stock worth $379,000 after buying an additional 7 shares in the last quarter. Interchange Capital Partners LLC grew its position in Fair Isaac by 1.0% in the fourth quarter. Interchange Capital Partners LLC now owns 812 shares of the technology company’s stock worth $1,373,000 after acquiring an additional 8 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC boosted its holdings in shares of Fair Isaac by 4.9% in the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 172 shares of the technology company’s stock worth $291,000 after purchasing an additional 8 shares during the period. Finally, Pinnacle Associates Ltd. boosted its stake in Fair Isaac by 4.9% during the fourth quarter. Pinnacle Associates Ltd. now owns 172 shares of the technology company’s stock worth $291,000 after buying an additional 8 shares during the period. Institutional investors own 85.75% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. UBS Group reduced their target price on shares of Fair Isaac from $1,200.00 to $1,130.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 12th. Needham & Company LLC reiterated a “buy” rating and set a $1,650.00 price target on shares of Fair Isaac in a report on Thursday, July 30th. Raymond James Financial reissued an “outperform” rating and issued a $1,750.00 price objective on shares of Fair Isaac in a research report on Wednesday, April 29th. Robert W. Baird set a $1,549.00 price objective on shares of Fair Isaac in a research note on Wednesday, April 29th. Finally, JPMorgan Chase & Co. dropped their target price on Fair Isaac from $1,325.00 to $1,225.00 and set a “neutral” rating for the company in a research report on Thursday, April 30th. Eleven analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,553.69.

Insider Activity at Fair Isaac

In other news, Director Eva Manolis sold 967 shares of the firm’s stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $1,400.00, for a total transaction of $1,353,800.00. Following the transaction, the director directly owned 498 shares of the company’s stock, valued at approximately $697,200. This trade represents a 66.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 3.02% of the company’s stock.

Fair Isaac Trading Down 1.3%

Shares of FICO opened at $1,147.03 on Friday. The firm has a market capitalization of $24.78 billion, a P/E ratio of 33.13, a P/E/G ratio of 1.04 and a beta of 1.30. Fair Isaac Corporation has a 12-month low of $870.01 and a 12-month high of $1,998.01. The firm has a fifty day moving average price of $1,173.27 and a 200-day moving average price of $1,183.74.

Fair Isaac (NYSE:FICO) last posted its quarterly earnings results on Wednesday, July 29th. The technology company reported $12.18 EPS for the quarter, topping analysts’ consensus estimates of $11.76 by $0.42. Fair Isaac had a net margin of 34.05% and a negative return on equity of 32.51%. The firm had revenue of $674.19 million for the quarter, compared to analysts’ expectations of $679.17 million. During the same period in the prior year, the business posted $8.57 earnings per share. The business’s revenue for the quarter was up 25.7% on a year-over-year basis. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. Analysts predict that Fair Isaac Corporation will post 37.37 earnings per share for the current year.

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.