Envestnet Asset Management Inc. Sells 9,535 Shares of Fair Isaac Corporation $FICO

Envestnet Asset Management Inc. reduced its position in Fair Isaac Corporation (NYSE:FICO) by 20.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,194 shares of the technology company’s stock after selling 9,535 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.16% of Fair Isaac worth $57,158,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Westside Investment Management Inc. purchased a new position in Fair Isaac during the 2nd quarter valued at approximately $26,000. Ransom Advisory Ltd purchased a new stake in shares of Fair Isaac during the 3rd quarter worth approximately $30,000. Meeder Asset Management Inc. boosted its position in shares of Fair Isaac by 66.7% during the 3rd quarter. Meeder Asset Management Inc. now owns 20 shares of the technology company’s stock valued at $30,000 after acquiring an additional 8 shares during the last quarter. Root Financial Partners LLC bought a new position in shares of Fair Isaac during the 3rd quarter valued at approximately $30,000. Finally, Cornerstone Planning Group LLC grew its holdings in shares of Fair Isaac by 280.0% in the third quarter. Cornerstone Planning Group LLC now owns 19 shares of the technology company’s stock valued at $30,000 after purchasing an additional 14 shares in the last quarter. 85.75% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Fair Isaac

In related news, CFO Steven P. Weber sold 1,426 shares of the business’s stock in a transaction that occurred on 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 completion of the sale, the chief financial officer owned 2,804 shares in the company, valued at approximately $5,075,240. The trade was a 33.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through 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 completion of the transaction, the director directly owned 344 shares in the company, valued at approximately $628,085.52. This trade represents a 60.23% decrease in their position. The SEC filing for this sale provides additional information. 3.02% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Fair Isaac in a research note on Monday, December 29th. Jefferies Financial Group boosted their target price on shares of Fair Isaac from $2,100.00 to $2,200.00 and gave the stock a “buy” rating in a report on Friday, January 16th. Robert W. Baird upped their target price on shares of Fair Isaac from $1,900.00 to $1,960.00 and gave the company an “outperform” rating in a research report on Thursday, November 6th. JPMorgan Chase & Co. increased their price target on shares of Fair Isaac from $1,750.00 to $1,825.00 and gave the company a “neutral” rating in a report on Thursday, November 6th. Finally, BMO Capital Markets reduced their price objective on 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. Ten investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $2,071.43.

Fair Isaac Stock Down 1.2%

Shares of Fair Isaac stock opened at $1,373.92 on Tuesday. The stock’s fifty day moving average is $1,636.05 and its two-hundred day moving average is $1,597.83. Fair Isaac Corporation has a 52 week low of $1,284.30 and a 52 week high of $2,217.60. The company has a market capitalization of $32.59 billion, a PE ratio of 50.85, a price-to-earnings-growth ratio of 1.41 and a beta of 1.27.

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

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.