Waterway Wealth Management LLC Invests $1.29 Million in Fair Isaac Corporation $FICO

Waterway Wealth Management LLC acquired a new stake in shares of Fair Isaac Corporation (NYSE:FICO) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 865 shares of the technology company’s stock, valued at approximately $1,294,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FICO. Westside Investment Management Inc. purchased a new position in shares of Fair Isaac in the 2nd quarter worth approximately $26,000. Ransom Advisory Ltd acquired a new stake in Fair Isaac in the third quarter valued at approximately $30,000. Meeder Asset Management Inc. grew its holdings in Fair Isaac by 66.7% in the third quarter. Meeder Asset Management Inc. now owns 20 shares of the technology company’s stock worth $30,000 after purchasing an additional 8 shares during the last quarter. Root Financial Partners LLC acquired a new position in shares of Fair Isaac during the third quarter worth $30,000. Finally, Cornerstone Planning Group LLC lifted its holdings in shares of Fair Isaac by 280.0% during the 3rd 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 during the last quarter. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Weiss Ratings restated a “hold (c+)” rating on shares of Fair Isaac in a research note on Monday, December 29th. Jefferies Financial Group raised their price target on 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 price objective on shares of Fair Isaac from $1,900.00 to $1,960.00 and gave the company an “outperform” rating in a report on Thursday, November 6th. Wells Fargo & Company increased their price objective on shares of Fair Isaac from $2,400.00 to $2,500.00 and gave the company an “overweight” rating in a research report on Wednesday, January 14th. Finally, The Goldman Sachs Group dropped their target price on shares of Fair Isaac from $2,070.00 to $1,777.00 and set a “buy” rating on the stock in a research report on Monday, February 2nd. Ten analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $2,071.43.

Insider Activity

In other news, Director Eva Manolis sold 521 shares of the firm’s stock in a transaction that occurred on 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 owned 344 shares of the company’s stock, valued at $628,085.52. This trade represents a 60.23% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Steven P. Weber sold 1,426 shares of the business’s stock in a transaction on 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 approximately $5,075,240. This represents a 33.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 3.02% of the stock is owned by company insiders.

Fair Isaac Trading Down 1.2%

FICO opened at $1,373.92 on Tuesday. Fair Isaac Corporation has a 12-month low of $1,284.30 and a 12-month high of $2,217.60. The firm has a 50 day moving average of $1,636.05 and a two-hundred day moving average of $1,597.83. The firm 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 (NYSE:FICO) last released its quarterly earnings data on Wednesday, January 28th. The technology company reported $7.33 earnings per share for the quarter, topping analysts’ consensus estimates of $7.08 by $0.25. The firm had revenue of $766.00 million for 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 quarterly revenue was up 16.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $5.79 earnings per share. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. As a group, analysts predict that Fair Isaac Corporation will post 24.15 EPS for the current fiscal year.

Fair Isaac Company 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.