Bank of New York Mellon Corp Reduces Stake in Fair Isaac Corporation $FICO

Bank of New York Mellon Corp cut its holdings in shares of Fair Isaac Corporation (NYSE:FICO) by 5.3% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 130,167 shares of the technology company’s stock after selling 7,271 shares during the period. Bank of New York Mellon Corp owned 0.54% of Fair Isaac worth $194,800,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Great Lakes Advisors LLC boosted its holdings in Fair Isaac by 5.7% in the first quarter. Great Lakes Advisors LLC now owns 112 shares of the technology company’s stock valued at $207,000 after acquiring an additional 6 shares in the last quarter. DAVENPORT & Co LLC lifted its position in shares of Fair Isaac by 1.0% in the 2nd quarter. DAVENPORT & Co LLC now owns 786 shares of the technology company’s stock worth $1,437,000 after purchasing an additional 8 shares during the period. Concurrent Investment Advisors LLC boosted its stake in shares of Fair Isaac by 2.7% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 305 shares of the technology company’s stock valued at $558,000 after purchasing an additional 8 shares in the last quarter. Meeder Asset Management Inc. increased its position in shares of Fair Isaac by 66.7% during the third quarter. Meeder Asset Management Inc. now owns 20 shares of the technology company’s stock valued at $30,000 after buying an additional 8 shares during the period. Finally, Parkside Financial Bank & Trust raised its stake in Fair Isaac by 5.9% in the third quarter. Parkside Financial Bank & Trust now owns 143 shares of the technology company’s stock worth $214,000 after buying an additional 8 shares in the last quarter. Institutional investors own 85.75% of the company’s stock.

Fair Isaac Trading Down 2.6%

Fair Isaac stock opened at $1,463.16 on Friday. Fair Isaac Corporation has a 12 month low of $1,300.00 and a 12 month high of $2,217.60. The company has a market capitalization of $34.71 billion, a price-to-earnings ratio of 54.15, a price-to-earnings-growth ratio of 1.60 and a beta of 1.30. The business’s fifty day simple moving average is $1,684.97 and its two-hundred day simple moving average is $1,603.19.

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

Insider Transactions at Fair Isaac

In related news, CEO William J. Lansing sold 2,400 shares of the company’s stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $1,732.88, for a total value of $4,158,912.00. Following the transaction, the chief executive officer directly owned 10,933 shares of the company’s stock, valued at approximately $18,945,577.04. This represents a 18.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Eva Manolis sold 521 shares of Fair Isaac stock in a transaction on Friday, December 12th. The stock was sold at an average price of $1,825.83, for a total value 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. The trade was a 60.23% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 4,347 shares of company stock worth $7,691,229. Corporate insiders own 3.46% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Zacks Research cut Fair Isaac from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 1st. Wells Fargo & Company raised their target price on Fair Isaac from $2,400.00 to $2,500.00 and gave the company an “overweight” rating in a research note on Wednesday, January 14th. Needham & Company LLC reaffirmed a “buy” rating and issued a $1,975.00 price target on shares of Fair Isaac in a research note on Thursday. BMO Capital Markets lowered their price objective on Fair Isaac from $2,300.00 to $2,200.00 and set an “outperform” rating for the company in a research report on Thursday, November 6th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Fair Isaac in a report on Monday, December 29th. Nine research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, Fair Isaac currently has a consensus rating of “Moderate Buy” and an average price target of $2,094.08.

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.