NEOS Investment Management LLC Raises Stake in Fair Isaac Corporation $FICO

NEOS Investment Management LLC increased its holdings in Fair Isaac Corporation (NYSE:FICO) by 52.8% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 1,783 shares of the technology company’s stock after buying an additional 616 shares during the period. NEOS Investment Management LLC’s holdings in Fair Isaac were worth $2,668,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Wealthcare Advisory Partners LLC increased its stake in shares of Fair Isaac by 14.7% in the third quarter. Wealthcare Advisory Partners LLC now owns 359 shares of the technology company’s stock worth $537,000 after acquiring an additional 46 shares during the period. Accretive Wealth Partners LLC grew its position in Fair Isaac by 0.9% during the 3rd quarter. Accretive Wealth Partners LLC now owns 1,551 shares of the technology company’s stock worth $2,321,000 after purchasing an additional 14 shares during the period. Vanguard Group Inc. raised its stake in shares of Fair Isaac by 2.4% during the 3rd quarter. Vanguard Group Inc. now owns 3,069,749 shares of the technology company’s stock valued at $4,593,971,000 after buying an additional 72,224 shares during the last quarter. Fifth Third Bancorp raised its stake in shares of Fair Isaac by 8.2% during the 3rd quarter. Fifth Third Bancorp now owns 447 shares of the technology company’s stock valued at $669,000 after buying an additional 34 shares during the last quarter. Finally, State of New Jersey Common Pension Fund D lifted its holdings in shares of Fair Isaac by 3.1% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 8,471 shares of the technology company’s stock valued at $12,677,000 after buying an additional 257 shares during the period. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Fair Isaac

In related 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 transaction, the director owned 344 shares in the company, valued at $628,085.52. This represents a 60.23% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Steven P. Weber sold 1,426 shares of the firm’s stock in a transaction dated Wednesday, December 17th. The shares were 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 $5,075,240. This represents a 33.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 2,305 shares of company stock valued at $4,019,197 over the last 90 days. Corporate insiders own 3.02% of the company’s stock.

Fair Isaac Price Performance

Shares of FICO stock opened at $1,354.06 on Friday. Fair Isaac Corporation has a 1-year low of $1,280.86 and a 1-year high of $2,217.60. The company has a market cap of $32.12 billion, a price-to-earnings ratio of 50.11, a PEG ratio of 1.32 and a beta of 1.27. The stock has a 50 day simple moving average of $1,568.72 and a 200-day simple moving average of $1,589.11.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings results on Wednesday, January 28th. The technology company reported $7.33 EPS for the quarter, topping the consensus estimate of $7.08 by $0.25. The company had revenue of $766.00 million during the quarter, compared to analyst estimates of $501.05 million. Fair Isaac had a net margin of 31.89% and a negative return on equity of 40.98%. The firm’s revenue was up 16.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $5.79 EPS. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. Analysts anticipate that Fair Isaac Corporation will post 24.15 earnings per share for the current fiscal year.

Analysts Set New Price Targets

FICO has been the topic of several analyst reports. Bank of America initiated coverage on Fair Isaac in a report on Tuesday. They set a “buy” rating and a $1,900.00 target price on the stock. BMO Capital Markets lowered their price objective on Fair Isaac from $2,300.00 to $2,200.00 and set an “outperform” rating on the stock in a research report on Thursday, November 6th. The Goldman Sachs Group cut their target price on shares of Fair Isaac from $2,070.00 to $1,777.00 and set a “buy” rating for the company in a report on Monday, February 2nd. Jefferies Financial Group boosted their target price 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 restated a “buy” rating and set a $1,975.00 price target on shares of Fair Isaac in a research report on Thursday, January 29th. Ten equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $2,007.14.

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.