Fair Isaac Corporation $FICO Shares Sold by American Century Companies Inc.

American Century Companies Inc. cut its stake in Fair Isaac Corporation (NYSE:FICO) by 15.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 335,922 shares of the technology company’s stock after selling 61,467 shares during the quarter. American Century Companies Inc. owned approximately 1.42% of Fair Isaac worth $502,717,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of FICO. Edgewood Management LLC purchased a new position in shares of Fair Isaac during the 2nd quarter valued at approximately $612,785,000. Norges Bank acquired a new stake in Fair Isaac during the second quarter valued at $365,831,000. Primecap Management Co. CA increased its holdings in Fair Isaac by 871.2% in the third quarter. Primecap Management Co. CA now owns 180,650 shares of the technology company’s stock valued at $270,348,000 after buying an additional 162,050 shares in the last quarter. Brown Advisory Inc. raised its position in shares of Fair Isaac by 2,047.5% in the second quarter. Brown Advisory Inc. now owns 99,387 shares of the technology company’s stock worth $181,676,000 after acquiring an additional 94,759 shares during the period. Finally, Vanguard Group Inc. boosted its stake in shares of Fair Isaac by 2.4% during the 3rd quarter. Vanguard Group Inc. now owns 3,069,749 shares of the technology company’s stock worth $4,593,971,000 after acquiring an additional 72,224 shares in the last quarter. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. Jefferies Financial Group lifted their price target on Fair Isaac from $2,100.00 to $2,200.00 and gave the company a “buy” rating in a research note on Friday, January 16th. The Goldman Sachs Group cut their price objective on Fair Isaac from $2,070.00 to $1,777.00 and set a “buy” rating for the company in a research report on Monday, February 2nd. Needham & Company LLC reaffirmed a “buy” rating on shares of Fair Isaac in a research note on Thursday. Zacks Research cut shares of Fair Isaac from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 1st. Finally, Wells Fargo & Company boosted their price target on shares of Fair Isaac from $2,400.00 to $2,500.00 and gave the stock an “overweight” rating in a report on Wednesday, January 14th. Nine analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $1,994.62.

Insider Buying and Selling at Fair Isaac

In other news, Director Eva Manolis sold 520 shares of the company’s stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $1,227.63, for a total value of $638,367.60. Following the transaction, the director owned 344 shares of the company’s stock, valued at $422,304.72. This represents a 60.19% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Joanna Rees sold 358 shares of the stock in a transaction on Friday, February 13th. The stock was sold at an average price of $1,360.00, for a total value of $486,880.00. Following the transaction, the director owned 11,204 shares of the company’s stock, valued at approximately $15,237,440. This represents a 3.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 2,825 shares of company stock worth $4,657,565 over the last quarter. 3.02% of the stock is currently owned by company insiders.

Fair Isaac Price Performance

NYSE:FICO opened at $1,409.72 on Friday. The company’s 50-day moving average is $1,513.82 and its two-hundred day moving average is $1,588.43. Fair Isaac Corporation has a 1-year low of $1,193.09 and a 1-year high of $2,217.60. The firm has a market capitalization of $33.44 billion, a price-to-earnings ratio of 52.17, a PEG ratio of 1.34 and a beta of 1.27.

Fair Isaac (NYSE:FICO) last released its quarterly 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 firm had revenue of $766.00 million for the quarter, compared to analyst estimates of $501.05 million. During the same quarter in the previous year, the company earned $5.79 EPS. The business’s revenue for the quarter was up 16.4% compared to the same quarter last year. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. As a group, equities analysts anticipate that Fair Isaac Corporation will post 24.15 earnings per share for the current fiscal year.

Fair Isaac announced that its board has initiated a share repurchase plan on Wednesday, February 25th that authorizes the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization authorizes the technology company to repurchase up to 5.2% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

About Fair Isaac

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.