Fair Isaac Corporation $FICO Shares Sold by Swiss National Bank

Swiss National Bank trimmed its stake in shares of Fair Isaac Corporation (NYSE:FICO) by 5.0% during the third quarter, HoldingsChannel reports. The fund owned 70,200 shares of the technology company’s stock after selling 3,700 shares during the quarter. Swiss National Bank’s holdings in Fair Isaac were worth $105,056,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its position in shares of Fair Isaac by 168.7% during the fourth quarter. Brighton Jones LLC now owns 481 shares of the technology company’s stock worth $958,000 after purchasing an additional 302 shares during the last quarter. Great Lakes Advisors LLC raised its stake in Fair Isaac by 5.7% during the first quarter. Great Lakes Advisors LLC now owns 112 shares of the technology company’s stock valued at $207,000 after buying an additional 6 shares in the last quarter. Woodline Partners LP lifted its holdings in Fair Isaac by 46.1% during the 1st quarter. Woodline Partners LP now owns 2,138 shares of the technology company’s stock worth $3,943,000 after buying an additional 675 shares during the last quarter. Penserra Capital Management LLC lifted its holdings in Fair Isaac by 12.8% during the 2nd quarter. Penserra Capital Management LLC now owns 132 shares of the technology company’s stock worth $240,000 after buying an additional 15 shares during the last quarter. Finally, Profund Advisors LLC grew its position in shares of Fair Isaac by 6.0% in the 2nd quarter. Profund Advisors LLC now owns 444 shares of the technology company’s stock worth $812,000 after acquiring an additional 25 shares in the last quarter. 85.75% of the stock is owned by institutional investors and hedge funds.

Fair Isaac Trading Down 11.0%

NYSE FICO opened at $1,282.35 on Wednesday. The company has a 50-day moving average price of $1,469.69 and a two-hundred day moving average price of $1,595.35. Fair Isaac Corporation has a 52 week low of $1,193.09 and a 52 week high of $2,217.60. The stock has a market cap of $30.42 billion, a price-to-earnings ratio of 47.46, a price-to-earnings-growth ratio of 1.39 and a beta of 1.28.

Fair Isaac (NYSE:FICO) last released its quarterly earnings results on Wednesday, January 28th. The technology company reported $7.33 earnings per share for the quarter, beating analysts’ consensus estimates 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 previous year, the company posted $5.79 earnings per share. The business’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 research analysts expect that Fair Isaac Corporation will post 24.15 earnings per share for the current fiscal year.

Fair Isaac announced that its board has authorized a share repurchase program on Wednesday, February 25th that permits the company to repurchase $1.50 billion in shares. This repurchase authorization permits the technology company to purchase up to 5.2% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board of directors believes its stock is undervalued.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on FICO shares. Wells Fargo & Company raised their price objective on Fair Isaac from $2,400.00 to $2,500.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 14th. Jefferies Financial Group lifted their price target on shares of Fair Isaac from $2,100.00 to $2,200.00 and gave the company a “buy” rating in a report on Friday, January 16th. Needham & Company LLC reissued a “buy” rating on shares of Fair Isaac in a report on Thursday, February 26th. Zacks Research lowered Fair Isaac from a “strong-buy” rating to a “hold” rating in a report on Monday, December 1st. Finally, Bank of America began coverage on Fair Isaac in a report on Tuesday, February 17th. They issued a “buy” rating and a $1,900.00 price target on the stock. Nine investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $1,994.62.

Insider Activity

In related news, 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 sale, the director directly owned 344 shares in the company, valued at $628,085.52. The trade was a 60.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Steven P. Weber sold 1,426 shares of the 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 owned 2,804 shares of the company’s stock, valued at $5,075,240. This represents a 33.71% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 2,825 shares of company stock valued at $4,657,565. Company insiders own 3.02% of the company’s stock.

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.