1,217 Fair Isaac Corporation $FICO Shares Sold by Baskin Financial Services Inc.

Baskin Financial Services Inc. reduced its position in Fair Isaac Corporation (NYSE:FICO) by 3.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 31,280 shares of the technology company’s stock after selling 1,217 shares during the period. Fair Isaac comprises approximately 1.5% of Baskin Financial Services Inc.’s holdings, making the stock its 26th largest position. Baskin Financial Services Inc. owned approximately 0.14% of Fair Isaac worth $18,532,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in FICO. V Square Quantitative Management LLC lifted its stake in Fair Isaac by 20.7% during the 3rd quarter. V Square Quantitative Management LLC now owns 833 shares of the technology company’s stock valued at $494,000 after acquiring an additional 143 shares during the period. Ninety One UK Ltd bought a new stake in shares of Fair Isaac in the third quarter worth approximately $13,534,000. Ninety One SA Pty Ltd bought a new stake in shares of Fair Isaac in the third quarter worth approximately $490,000. Mather Group LLC. raised its holdings in shares of Fair Isaac by 85.7% during the third quarter. Mather Group LLC. now owns 455 shares of the technology company’s stock valued at $270,000 after purchasing an additional 210 shares during the last quarter. Finally, Mitchell & Pahl Private Wealth LLC raised its holdings in shares of Fair Isaac by 10.3% during the third quarter. Mitchell & Pahl Private Wealth LLC now owns 1,123 shares of the technology company’s stock valued at $665,000 after purchasing an additional 105 shares during the last quarter. 85.75% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, Director Eva Manolis sold 967 shares of Fair Isaac stock in a transaction on 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 approximately $697,200. The trade was a 66.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 3.02% of the company’s stock.

Fair Isaac Stock Up 0.7%

Shares of Fair Isaac stock traded up $5.74 during trading hours on Monday, reaching $776.93. 112,483 shares of the stock traded hands, compared to its average volume of 444,837. The company has a 50 day moving average price of $935.43 and a 200 day moving average price of $1,074.82. The firm has a market capitalization of $16.78 billion, a price-to-earnings ratio of 22.43, a P/E/G ratio of 0.89 and a beta of 1.35. Fair Isaac Corporation has a one year low of $586.05 and a one year high of $1,858.91.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings data on Wednesday, July 29th. The technology company reported $12.18 earnings per share for the quarter, topping the consensus estimate of $11.76 by $0.42. The firm had revenue of $674.19 million for the quarter, compared to analysts’ expectations of $679.17 million. Fair Isaac had a net margin of 34.05% and a negative return on equity of 32.51%. The business’s quarterly revenue was up 25.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $8.57 EPS. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. Sell-side analysts anticipate that Fair Isaac Corporation will post 36.83 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Huber Research downgraded shares of Fair Isaac to a “strong sell” rating in a research report on Tuesday, September 29th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Fair Isaac in a research report on Tuesday, September 29th. Barclays cut their target price on shares of Fair Isaac from $935.00 to $875.00 and set an “overweight” rating for the company in a research report on Friday, October 2nd. Credit Suisse Group set a $1,150.00 target price on shares of Fair Isaac in a research note on Wednesday, September 30th. Finally, Wall Street Zen cut Fair Isaac from a “buy” rating to a “hold” rating in a report on Sunday, June 28th. Ten research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $1,095.94.

Fair Isaac Company Profile

Fair Isaac Corporation, commonly known as FICO, develops analytics and decision-management software used by businesses to assess risk, detect fraud and make customer-related decisions. The company is best known for the FICO Score, a credit-risk scoring system used by lenders and other financial institutions to evaluate consumer creditworthiness.

FICO’s offerings include credit scoring solutions, decisioning platforms, fraud-detection tools, customer management software and predictive analytics.