Pittenger & Anderson Inc. cut its stake in shares of Fair Isaac Corporation (NYSE:FICO – Free Report) by 87.2% in the 3rd quarter, Holdings Channel reports. The firm owned 100 shares of the technology company’s stock after selling 683 shares during the quarter. Pittenger & Anderson Inc.’s holdings in Fair Isaac were worth $150,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also made changes to their positions in the company. Great Lakes Advisors LLC grew its stake in 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 buying an additional 6 shares during the last quarter. DAVENPORT & Co LLC grew its position in shares of Fair Isaac by 1.0% during the second quarter. DAVENPORT & Co LLC now owns 786 shares of the technology company’s stock worth $1,437,000 after acquiring an additional 8 shares during the last quarter. Concurrent Investment Advisors LLC increased its holdings in shares of Fair Isaac by 2.7% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 305 shares of the technology company’s stock worth $558,000 after acquiring an additional 8 shares during the period. Meeder Asset Management Inc. lifted its position in Fair Isaac by 66.7% in the 3rd quarter. Meeder Asset Management Inc. now owns 20 shares of the technology company’s stock valued at $30,000 after purchasing an additional 8 shares during the last quarter. Finally, Parkside Financial Bank & Trust boosted its stake in Fair Isaac by 5.9% during the 3rd quarter. Parkside Financial Bank & Trust now owns 143 shares of the technology company’s stock valued at $214,000 after purchasing an additional 8 shares during the period. Institutional investors own 85.75% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently weighed in on FICO shares. JPMorgan Chase & Co. lifted their price target on Fair Isaac from $1,750.00 to $1,825.00 and gave the company a “neutral” rating in a report on Thursday, November 6th. Oppenheimer downgraded Fair Isaac from an “outperform” rating to a “market perform” rating in a research note on Monday, October 13th. Zacks Research cut Fair Isaac from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 1st. Jefferies Financial Group lifted their price objective on shares of Fair Isaac from $2,100.00 to $2,200.00 and gave the company a “buy” rating in a research note on Friday, January 16th. Finally, Needham & Company LLC reissued a “buy” rating and set a $1,975.00 target price on shares of Fair Isaac in a research note on Thursday. Nine research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $2,094.08.
Fair Isaac Price Performance
NYSE FICO opened at $1,463.16 on Friday. The company has a market capitalization of $34.71 billion, a P/E ratio of 54.15, a PEG ratio of 1.60 and a beta of 1.30. Fair Isaac Corporation has a 12 month low of $1,300.00 and a 12 month high of $2,217.60. The company’s 50 day simple moving average is $1,684.97 and its 200 day simple moving average is $1,603.19.
Fair Isaac (NYSE:FICO – Get Free Report) last posted its quarterly earnings results on Wednesday, January 28th. The technology company reported $7.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.08 by $0.25. Fair Isaac had a negative return on equity of 40.98% and a net margin of 31.89%.The company had revenue of $766.00 million for the quarter, compared to analysts’ expectations of $501.05 million. During the same quarter in the prior year, the company earned $5.79 earnings per share. The firm’s revenue was up 16.4% on a year-over-year basis. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. On average, analysts anticipate that Fair Isaac Corporation will post 24.15 earnings per share for the current year.
Insider Activity
In other Fair Isaac news, Director Eva Manolis sold 521 shares of the company’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $1,825.83, for a total transaction of $951,257.43. Following the completion of the sale, the director directly owned 344 shares of the company’s stock, valued at approximately $628,085.52. This represents a 60.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Steven P. Weber sold 1,426 shares of Fair Isaac stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $1,810.00, for a total transaction of $2,581,060.00. Following the completion of the transaction, the chief financial officer directly owned 2,804 shares in the company, valued at approximately $5,075,240. This trade represents a 33.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 4,347 shares of company stock valued at $7,691,229 over the last three months. Insiders own 3.46% of the company’s stock.
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.
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