Azzad Asset Management Inc. ADV Purchases Shares of 471 Fair Isaac Corporation $FICO

Azzad Asset Management Inc. ADV purchased a new position in Fair Isaac Corporation (NYSE:FICO) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 471 shares of the technology company’s stock, valued at approximately $705,000.

Several other hedge funds have also modified their holdings of FICO. Smartleaf Asset Management LLC grew its stake in Fair Isaac by 35.6% during the 3rd quarter. Smartleaf Asset Management LLC now owns 122 shares of the technology company’s stock worth $186,000 after purchasing an additional 32 shares in the last quarter. Alps Advisors Inc. grew its position in shares of Fair Isaac by 20.6% during the third quarter. Alps Advisors Inc. now owns 1,018 shares of the technology company’s stock worth $1,523,000 after buying an additional 174 shares in the last quarter. Capital Investment Advisory Services LLC increased its stake in shares of Fair Isaac by 25.4% during the third quarter. Capital Investment Advisory Services LLC now owns 360 shares of the technology company’s stock worth $539,000 after buying an additional 73 shares during the period. Bond & Devick Financial Network Inc. raised its holdings in Fair Isaac by 3.4% in the third quarter. Bond & Devick Financial Network Inc. now owns 900 shares of the technology company’s stock valued at $1,347,000 after acquiring an additional 30 shares in the last quarter. Finally, Bessemer Group Inc. lifted its stake in Fair Isaac by 120.4% in the third quarter. Bessemer Group Inc. now owns 1,468 shares of the technology company’s stock worth $2,198,000 after acquiring an additional 802 shares during the last quarter. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Fair Isaac Stock Down 1.2%

NYSE:FICO opened at $1,373.92 on Tuesday. The company has a market capitalization of $32.59 billion, a PE ratio of 50.85, a P/E/G ratio of 1.41 and a beta of 1.27. Fair Isaac Corporation has a 52-week low of $1,284.30 and a 52-week high of $2,217.60. The stock’s 50 day moving average price is $1,636.05 and its 200 day moving average price is $1,597.83.

Fair Isaac (NYSE:FICO) last posted its quarterly earnings data 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 business 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% compared to the same quarter last year. During the same period in the prior year, the company earned $5.79 earnings per share. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. As a group, sell-side analysts anticipate that Fair Isaac Corporation will post 24.15 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CFO Steven P. Weber sold 1,426 shares of the business’s stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $1,810.00, for a total value of $2,581,060.00. Following the transaction, the chief financial officer owned 2,804 shares in the company, valued at $5,075,240. The trade was a 33.71% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Eva Manolis sold 521 shares of the stock in a transaction that occurred 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 sale, the director directly owned 344 shares of the company’s stock, valued at $628,085.52. The trade was a 60.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 3.02% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. 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 report on Thursday, November 6th. The Goldman Sachs Group dropped their target price on Fair Isaac from $2,070.00 to $1,777.00 and set a “buy” rating on the stock in a report on Monday, February 2nd. Wells Fargo & Company lifted their price target on Fair Isaac from $2,400.00 to $2,500.00 and gave the stock an “overweight” rating in a report on Wednesday, January 14th. Jefferies Financial Group increased their price objective on Fair Isaac from $2,100.00 to $2,200.00 and gave the company a “buy” rating in a report on Friday, January 16th. Finally, Zacks Research cut Fair Isaac from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 1st. Ten 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.com, Fair Isaac currently has an average rating of “Moderate Buy” and a consensus target price of $2,071.43.

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.