GCQ FUNDS MANAGEMENT PTY Ltd Acquires Shares of 47,472 Fair Isaac Corporation $FICO

GCQ FUNDS MANAGEMENT PTY Ltd bought a new position in shares of Fair Isaac Corporation (NYSE:FICO) during the second quarter, HoldingsChannel.com reports. The firm bought 47,472 shares of the technology company’s stock, valued at approximately $56,719,000. Fair Isaac accounts for approximately 7.9% of GCQ FUNDS MANAGEMENT PTY Ltd’s portfolio, making the stock its 8th biggest position.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC raised its holdings in Fair Isaac by 168.7% in the 4th quarter. Brighton Jones LLC now owns 481 shares of the technology company’s stock valued at $958,000 after acquiring an additional 302 shares in the last quarter. Great Lakes Advisors LLC grew its holdings in shares of Fair Isaac by 5.7% during the 1st quarter. Great Lakes Advisors LLC now owns 112 shares of the technology company’s stock worth $207,000 after purchasing an additional 6 shares in the last quarter. Woodline Partners LP increased its position in shares of Fair Isaac by 46.1% in the first quarter. Woodline Partners LP now owns 2,138 shares of the technology company’s stock worth $3,943,000 after purchasing an additional 675 shares during the period. Treasurer of the State of North Carolina increased its position in shares of Fair Isaac by 18.0% in the second quarter. Treasurer of the State of North Carolina now owns 14,037 shares of the technology company’s stock worth $25,659,000 after purchasing an additional 2,146 shares during the period. Finally, Alliancebernstein L.P. raised its stake in Fair Isaac by 16.1% in the second quarter. Alliancebernstein L.P. now owns 211,947 shares of the technology company’s stock valued at $387,431,000 after purchasing an additional 29,408 shares in the last quarter. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Needham & Company LLC reaffirmed a “buy” rating and set a $1,650.00 price objective on shares of Fair Isaac in a research report on Thursday, July 30th. Royal Bank Of Canada dropped their target price on shares of Fair Isaac from $2,400.00 to $1,525.00 and set an “outperform” rating for the company in a research report on Thursday, July 30th. Raymond James Financial reaffirmed an “outperform” rating and set a $1,750.00 price target on shares of Fair Isaac in a report on Wednesday, April 29th. Robert W. Baird set a $1,549.00 price target on shares of Fair Isaac in a research report on Wednesday, April 29th. Finally, Weiss Ratings lowered shares of Fair Isaac from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, July 30th. Eleven investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $1,553.69.

Insider Activity

In related news, Director Eva Manolis sold 967 shares of Fair Isaac 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 sale, the director directly owned 498 shares of the company’s stock, valued at approximately $697,200. The trade was a 66.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 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 Stock Up 2.1%

NYSE:FICO opened at $1,174.20 on Friday. The stock’s 50-day simple moving average is $1,173.21 and its 200 day simple moving average is $1,183.68. The firm has a market capitalization of $25.36 billion, a PE ratio of 33.92, a price-to-earnings-growth ratio of 1.03 and a beta of 1.30. Fair Isaac Corporation has a twelve month low of $870.01 and a twelve month high of $1,998.01.

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

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.