Fair Isaac Corporation $FICO Shares Purchased by Fortis Capital Management LLC

Fortis Capital Management LLC boosted its stake in Fair Isaac Corporation (NYSE:FICO) by 10.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,895 shares of the technology company’s stock after buying an additional 377 shares during the quarter. Fortis Capital Management LLC’s holdings in Fair Isaac were worth $5,829,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Westside Investment Management Inc. purchased a new position in shares of Fair Isaac in the second quarter valued at approximately $26,000. Cornerstone Planning Group LLC raised its stake in Fair Isaac by 280.0% in 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. Ransom Advisory Ltd purchased a new position in Fair Isaac in the 3rd quarter valued at $30,000. Meeder Asset Management Inc. grew its holdings 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 worth $30,000 after buying an additional 8 shares in the last quarter. Finally, Root Financial Partners LLC acquired a new stake in shares of Fair Isaac in the third quarter valued at about $30,000. 85.75% of the stock is currently owned by hedge funds and other institutional investors.

Fair Isaac Stock Performance

FICO opened at $1,348.92 on Monday. The stock has a market capitalization of $32.00 billion, a PE ratio of 49.92, a P/E/G ratio of 1.30 and a beta of 1.27. Fair Isaac Corporation has a one year low of $1,280.86 and a one year high of $2,217.60. The business’s 50 day moving average price is $1,558.81 and its 200 day moving average price is $1,592.17.

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

Insider Buying and Selling at Fair Isaac

In other news, CFO Steven P. Weber sold 1,426 shares of the business’s stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $1,810.00, for a total value of $2,581,060.00. Following the sale, the chief financial officer directly owned 2,804 shares of the company’s stock, valued at approximately $5,075,240. The trade was a 33.71% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Joanna Rees sold 358 shares of the stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $1,360.00, for a total transaction of $486,880.00. Following the transaction, the director directly owned 11,204 shares of the company’s stock, valued at $15,237,440. The trade was a 3.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 2,305 shares of company stock valued at $4,019,197 over the last 90 days. 3.02% of the stock is owned by insiders.

Analyst Ratings Changes

FICO has been the topic of a number of recent research reports. The Goldman Sachs Group lowered their price target 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. Needham & Company LLC restated a “buy” rating and set a $1,975.00 target price on shares of Fair Isaac in a report on Thursday, January 29th. Wells Fargo & Company increased their price target on Fair Isaac from $2,400.00 to $2,500.00 and gave the company an “overweight” rating in a report on Wednesday, January 14th. Jefferies Financial Group lifted their price objective on Fair Isaac from $2,100.00 to $2,200.00 and gave the stock a “buy” rating in a research report on Friday, January 16th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Fair Isaac in a report on Monday, December 29th. Ten research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Fair Isaac currently has a consensus rating of “Moderate Buy” and a consensus target price of $2,007.14.

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.