Van ECK Associates Corp Grows Position in Fair Isaac Corporation $FICO

Van ECK Associates Corp grew its position in Fair Isaac Corporation (NYSE:FICO) by 95.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 223,798 shares of the technology company’s stock after buying an additional 109,027 shares during the quarter. Van ECK Associates Corp owned 1.04% of Fair Isaac worth $267,389,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Bayban purchased a new position in Fair Isaac in the fourth quarter valued at $25,000. Torren Management LLC purchased a new stake in Fair Isaac in the 4th quarter valued at $30,000. Rakuten Securities Inc. boosted its stake in shares of Fair Isaac by 100.0% during the second quarter. Rakuten Securities Inc. now owns 24 shares of the technology company’s stock worth $44,000 after buying an additional 12 shares during the period. Elyxium Wealth LLC purchased a new position in shares of Fair Isaac in the 4th quarter valued at approximately $42,000. Finally, Keating Financial Advisory Services Inc. purchased a new position in Fair Isaac during the 2nd quarter worth $30,000. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Fair Isaac Stock Down 0.2%

NYSE:FICO opened at $1,154.38 on Friday. The business’s 50-day moving average price is $1,174.41 and its 200 day moving average price is $1,175.59. Fair Isaac Corporation has a 52-week low of $870.01 and a 52-week high of $1,998.01. The firm has a market cap of $24.93 billion, a P/E ratio of 33.34, a PEG ratio of 1.04 and a beta of 1.30.

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

Analyst Ratings Changes

Several analysts recently commented on the stock. Wall Street Zen cut shares of Fair Isaac from a “buy” rating to a “hold” rating in a research note on Sunday, June 28th. Weiss Ratings downgraded Fair Isaac from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, July 30th. Wells Fargo & Company boosted their target price on shares of Fair Isaac from $1,400.00 to $1,450.00 and gave the company an “overweight” rating in a report on Thursday, July 30th. Royal Bank Of Canada decreased their target price on Fair Isaac from $2,400.00 to $1,525.00 and set an “outperform” rating for the company in a report on Thursday, July 30th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $1,650.00 target price on shares of Fair Isaac in a report on Thursday, July 30th. Eleven research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $1,553.69.

Insider Buying and Selling

In other Fair Isaac news, Director Eva Manolis sold 967 shares of the firm’s stock in a transaction dated Wednesday, July 29th. The stock was 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 in the company, valued at $697,200. This trade represents a 66.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.02% of the stock is owned by corporate insiders.

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.