Fair Isaac Corporation $FICO Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. reduced its holdings in shares of Fair Isaac Corporation (NYSE:FICO) by 49.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 16,510 shares of the technology company’s stock after selling 16,391 shares during the quarter. Victory Capital Management Inc. owned approximately 0.07% of Fair Isaac worth $24,708,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Artisan Partners Limited Partnership purchased a new stake in Fair Isaac in the second quarter valued at $84,295,000. Brighton Jones LLC grew its holdings in shares of Fair Isaac by 168.7% during the fourth quarter. Brighton Jones LLC now owns 481 shares of the technology company’s stock worth $958,000 after purchasing an additional 302 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. grew its holdings in shares of Fair Isaac by 111.6% during the third quarter. Tokio Marine Asset Management Co. Ltd. now owns 1,947 shares of the technology company’s stock worth $2,914,000 after purchasing an additional 1,027 shares during the last quarter. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Fair Isaac during the third quarter worth about $627,000. Finally, Azzad Asset Management Inc. ADV purchased a new stake in shares of Fair Isaac in the 3rd quarter valued at about $705,000. Institutional investors and hedge funds own 85.75% of the company’s stock.

Insider Buying and Selling at Fair Isaac

In other news, Director Joanna Rees sold 358 shares of Fair Isaac stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $1,360.00, for a total value of $486,880.00. Following the sale, the director owned 11,204 shares of the company’s stock, valued at $15,237,440. The trade was a 3.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Eva Manolis sold 521 shares of the business’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $1,825.83, for a total transaction of $951,257.43. Following the transaction, the director owned 344 shares in the company, valued at approximately $628,085.52. This trade represents a 60.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 2,825 shares of company stock valued at $4,657,565. 3.02% of the stock is owned by company insiders.

Analysts Set New Price Targets

FICO has been the subject of a number of research analyst reports. Wells Fargo & Company upped their target price on 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. Weiss Ratings reiterated a “hold (c+)” rating on shares of Fair Isaac in a research note on Monday, December 29th. Zacks Research lowered shares of Fair Isaac from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 1st. Bank of America began coverage on shares of Fair Isaac in a report on Tuesday, February 17th. They issued a “buy” rating and a $1,900.00 target price on the stock. Finally, The Goldman Sachs Group reduced their price target on shares of 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. Nine investment 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 company currently has an average rating of “Moderate Buy” and an average target price of $1,994.62.

Fair Isaac Trading Down 2.4%

Fair Isaac stock opened at $1,441.03 on Tuesday. The stock has a 50 day moving average of $1,478.95 and a two-hundred day moving average of $1,596.27. Fair Isaac Corporation has a twelve month low of $1,193.09 and a twelve month high of $2,217.60. The stock has a market capitalization of $34.18 billion, a price-to-earnings ratio of 53.33, a PEG ratio of 1.42 and a beta of 1.28.

Fair Isaac (NYSE:FICO) last released 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. Fair Isaac had a negative return on equity of 40.98% and a net margin of 31.89%.The business 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 posted $5.79 earnings per share. The company’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. Equities analysts predict that Fair Isaac Corporation will post 24.15 earnings per share for the current year.

Fair Isaac announced that its Board of Directors has authorized a share buyback plan on Wednesday, February 25th that allows the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization allows the technology company to reacquire up to 5.2% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s management 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.