Citigroup Inc. Has $38.61 Million Stock Position in Fair Isaac Corporation $FICO

Citigroup Inc. reduced its holdings in Fair Isaac Corporation (NYSE:FICO) by 23.4% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 25,798 shares of the technology company’s stock after selling 7,887 shares during the quarter. Citigroup Inc. owned about 0.11% of Fair Isaac worth $38,607,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Edgewood Management LLC acquired a new position in shares of Fair Isaac during the 2nd quarter valued at $612,785,000. Norges Bank bought a new stake in Fair Isaac in the second quarter valued at $365,831,000. Brown Advisory Inc. increased its stake in Fair Isaac by 2,047.5% in the second quarter. Brown Advisory Inc. now owns 99,387 shares of the technology company’s stock valued at $181,676,000 after purchasing an additional 94,759 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of Fair Isaac by 2.4% during the third quarter. Vanguard Group Inc. now owns 3,069,749 shares of the technology company’s stock valued at $4,593,971,000 after purchasing an additional 72,224 shares during the period. Finally, Artisan Partners Limited Partnership bought a new position in shares of Fair Isaac during the 2nd quarter worth about $84,295,000. 85.75% of the stock is currently owned by institutional investors.

Fair Isaac Trading Down 4.3%

Shares of NYSE:FICO opened at $1,227.07 on Wednesday. The stock has a market cap of $29.11 billion, a PE ratio of 45.41, a price-to-earnings-growth ratio of 1.24 and a beta of 1.27. The stock’s fifty day simple moving average is $1,537.02 and its two-hundred day simple moving average is $1,591.14. Fair Isaac Corporation has a 1-year low of $1,193.09 and a 1-year high of $2,217.60.

Fair Isaac (NYSE:FICO) last announced its earnings results on Wednesday, January 28th. The technology company reported $7.33 EPS for the quarter, beating the consensus estimate of $7.08 by $0.25. Fair Isaac had a net margin of 31.89% and a negative return on equity of 40.98%. The company had revenue of $766.00 million during the quarter, compared to the consensus estimate of $501.05 million. During the same quarter in the prior year, the company posted $5.79 earnings per share. The firm’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. On average, sell-side analysts forecast that Fair Isaac Corporation will post 24.15 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Bank of America started coverage on Fair Isaac in a research report on Tuesday, February 17th. They issued a “buy” rating and a $1,900.00 target price for the company. JPMorgan Chase & Co. boosted their price objective on Fair Isaac from $1,750.00 to $1,825.00 and gave the company a “neutral” rating in a report on Thursday, November 6th. BMO Capital Markets lowered their target price on 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. Weiss Ratings reissued a “hold (c+)” rating on shares of Fair Isaac in a research report on Monday, December 29th. Finally, Robert W. Baird upped their price objective on shares of Fair Isaac from $1,900.00 to $1,960.00 and gave the stock an “outperform” rating in a report on Thursday, November 6th. Ten investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $2,007.14.

Insiders Place Their Bets

In related news, Director Joanna Rees sold 358 shares of Fair Isaac stock in a transaction 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 sale, the director directly owned 11,204 shares in the company, valued at approximately $15,237,440. This trade represents a 3.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Steven P. Weber sold 1,426 shares of the company’s stock in a transaction 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 completion of the transaction, the chief financial officer owned 2,804 shares of the company’s stock, valued at $5,075,240. This trade represents a 33.71% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 2,305 shares of company stock valued at $4,019,197 in the last 90 days. 3.02% of the stock is currently owned by corporate insiders.

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.