2,407 Shares of Fair Isaac Corporation $FICO Bought by T3 Companies LLC

T3 Companies LLC bought a new stake in Fair Isaac Corporation (NYSE:FICO) in the 3rd quarter, HoldingsChannel.com reports. The firm bought 2,407 shares of the technology company’s stock, valued at approximately $1,426,000. Fair Isaac makes up 1.4% of T3 Companies LLC’s investment portfolio, making the stock its 17th biggest holding.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in FICO. Canada Pension Plan Investment Board bought a new position in shares of Fair Isaac in the 2nd quarter worth $1,737,000. Bank of America Corp DE increased its stake in Fair Isaac by 5.7% during the 1st quarter. Bank of America Corp DE now owns 133,448 shares of the technology company’s stock valued at $142,461,000 after purchasing an additional 7,154 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in Fair Isaac during the 2nd quarter valued at $67,760,000. Quantinno Capital Management LP increased its stake in Fair Isaac by 44.9% during the 1st quarter. Quantinno Capital Management LP now owns 15,582 shares of the technology company’s stock valued at $16,635,000 after purchasing an additional 4,830 shares in the last quarter. Finally, BlackRock Inc. acquired a new position in Fair Isaac during the second quarter worth $2,491,517,000. 85.75% of the stock is owned by institutional investors.

Fair Isaac Price Performance

NYSE:FICO opened at $823.24 on Friday. The business has a fifty day simple moving average of $914.58 and a two-hundred day simple moving average of $1,067.01. Fair Isaac Corporation has a 1 year low of $586.05 and a 1 year high of $1,858.91. The company has a market capitalization of $17.78 billion, a P/E ratio of 23.78, a P/E/G ratio of 0.94 and a beta of 1.35.

Fair Isaac (NYSE:FICO) last issued its earnings results on Wednesday, July 29th. The technology company reported $12.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $11.76 by $0.42. Fair Isaac had a negative return on equity of 32.51% and a net margin of 34.05%. The firm had revenue of $674.19 million for the quarter, compared to analyst estimates of $679.17 million. During the same period in the previous year, the company posted $8.57 earnings per share. The business’s revenue was up 25.7% on a year-over-year basis. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. As a group, analysts anticipate that Fair Isaac Corporation will post 36.66 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have weighed in on FICO shares. UBS Group dropped their price objective on shares of Fair Isaac from $1,200.00 to $1,130.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 12th. Raymond James Financial dropped their price objective on Fair Isaac from $1,750.00 to $1,230.00 and set an “outperform” rating on the stock in a research note on Tuesday, October 13th. Royal Bank Of Canada dropped their target price on shares of Fair Isaac from $1,525.00 to $1,045.00 and set an “outperform” rating on the stock in a research report on Friday, October 16th. Robert W. Baird lowered their target price on Fair Isaac from $1,549.00 to $1,070.00 and set an “outperform” rating on the stock in a research note on Friday, October 2nd. Finally, Wall Street Zen downgraded shares of Fair Isaac from a “buy” rating to a “hold” rating in a report on Sunday, June 28th. Ten equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $1,095.94.

Insiders Place Their Bets

In related news, Director Eva Manolis sold 967 shares of Fair Isaac stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $1,400.00, for a total value of $1,353,800.00. Following the completion of the sale, the director owned 498 shares of the company’s stock, valued at approximately $697,200. This trade represents a 66.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 3.02% of the company’s stock.

About Fair Isaac

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.