Mitsubishi UFJ Asset Management Co. Ltd. Grows Stock Position in Fair Isaac Corporation $FICO

Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in shares of Fair Isaac Corporation (NYSE:FICO) by 4.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 48,935 shares of the technology company’s stock after acquiring an additional 1,869 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Fair Isaac were worth $73,233,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Edgewood Management LLC purchased a new position in Fair Isaac in the second quarter worth approximately $612,785,000. Norges Bank purchased a new stake in Fair Isaac during the second quarter worth about $365,831,000. Primecap Management Co. CA increased its stake in Fair Isaac by 871.2% during the 3rd quarter. Primecap Management Co. CA now owns 180,650 shares of the technology company’s stock worth $270,348,000 after buying an additional 162,050 shares during the period. Brown Advisory Inc. boosted its holdings in Fair Isaac by 2,047.5% in the second quarter. Brown Advisory Inc. now owns 99,387 shares of the technology company’s stock valued at $181,676,000 after purchasing an additional 94,759 shares during the period. Finally, Vanguard Group Inc. boosted its stake in shares of Fair Isaac by 2.4% in 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 period. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Insider Transactions at Fair Isaac

In other Fair Isaac news, Director Joanna Rees sold 358 shares of Fair Isaac stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $1,360.00, for a total value of $486,880.00. Following the completion of the transaction, the director directly owned 11,204 shares in the company, valued at $15,237,440. The trade was a 3.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Eva Manolis sold 521 shares of Fair Isaac 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 owned 344 shares in the company, valued at approximately $628,085.52. This represents a 60.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 2,825 shares of company stock worth $4,657,565. 3.02% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts have weighed in on FICO shares. Wells Fargo & Company raised their price objective on shares of Fair Isaac from $2,400.00 to $2,500.00 and gave the stock an “overweight” rating in a report on Wednesday, January 14th. BMO Capital Markets dropped their price objective on shares of Fair Isaac from $2,300.00 to $2,200.00 and set an “outperform” rating on the stock in a research note on Thursday, November 6th. The Goldman Sachs Group cut their target price on Fair Isaac from $2,070.00 to $1,777.00 and set a “buy” rating for the company in a research note on Monday, February 2nd. Weiss Ratings reiterated a “hold (c+)” rating on shares of Fair Isaac in a research note on Monday, December 29th. Finally, Needham & Company LLC reaffirmed a “buy” rating on shares of Fair Isaac in a research note on Thursday. Nine investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, Fair Isaac presently has a consensus rating of “Moderate Buy” and an average target price of $1,994.62.

Fair Isaac Stock Performance

Shares of FICO stock opened at $1,409.72 on Friday. The firm has a market capitalization of $33.44 billion, a price-to-earnings ratio of 52.17, a price-to-earnings-growth ratio of 1.34 and a beta of 1.27. The company has a 50 day moving average price of $1,513.82 and a 200 day moving average price of $1,588.43. Fair Isaac Corporation has a one year low of $1,193.09 and a one year high of $2,217.60.

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

Fair Isaac declared that its Board of Directors has approved a share repurchase plan on Wednesday, February 25th that permits the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization permits the technology company to reacquire up to 5.2% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

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.