Alliancebernstein L.P. Sells 30,956 Shares of Fair Isaac Corporation $FICO

Alliancebernstein L.P. cut its holdings in Fair Isaac Corporation (NYSE:FICO) by 14.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 180,991 shares of the technology company’s stock after selling 30,956 shares during the period. Alliancebernstein L.P. owned approximately 0.76% of Fair Isaac worth $270,858,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of FICO. Cornerstone Planning Group LLC boosted its holdings in Fair Isaac by 280.0% during the third quarter. Cornerstone Planning Group LLC now owns 19 shares of the technology company’s stock valued at $30,000 after acquiring an additional 14 shares during the period. Ransom Advisory Ltd acquired a new position in Fair Isaac in the third quarter worth about $30,000. Meeder Asset Management Inc. boosted its stake in shares of Fair Isaac by 66.7% in the 3rd quarter. Meeder Asset Management Inc. now owns 20 shares of the technology company’s stock valued at $30,000 after purchasing an additional 8 shares in the last quarter. Root Financial Partners LLC bought a new position in shares of Fair Isaac in the third quarter valued at about $30,000. Finally, Strengthening Families & Communities LLC acquired a new stake in shares of Fair Isaac in the 3rd quarter valued at $34,000. 85.75% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

FICO has been the subject of a number of research reports. UBS Group lowered their price objective on Fair Isaac from $1,500.00 to $1,350.00 and set a “neutral” rating for the company in a research report on Wednesday, March 11th. Weiss Ratings reissued a “hold (c+)” rating on shares of Fair Isaac in a research note on Monday, December 29th. The Goldman Sachs Group reduced their price target on 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. Zacks Research downgraded Fair Isaac from a “strong-buy” rating to a “hold” rating in a report on Monday, December 1st. Finally, Needham & Company LLC reissued a “buy” rating on shares of Fair Isaac in a research note on Thursday, February 26th. Nine equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,972.31.

Fair Isaac Price Performance

FICO stock opened at $1,131.13 on Monday. The stock has a market capitalization of $26.83 billion, a P/E ratio of 41.86, a P/E/G ratio of 1.09 and a beta of 1.28. Fair Isaac Corporation has a fifty-two week low of $1,068.67 and a fifty-two week high of $2,217.60. The business has a 50-day moving average of $1,436.84 and a 200-day moving average of $1,589.15.

Fair Isaac (NYSE:FICO) last announced its earnings results on Wednesday, January 28th. The technology company reported $7.33 EPS for the quarter, topping 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 business had revenue of $766.00 million during the quarter, compared to analysts’ expectations of $501.05 million. During the same quarter in the prior year, the company posted $5.79 earnings per share. The firm’s revenue was up 16.4% on a year-over-year basis. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. Equities analysts expect that Fair Isaac Corporation will post 24.15 EPS for the current year.

Fair Isaac announced that its board has authorized a stock buyback program on Wednesday, February 25th that permits the company to buyback $1.50 billion in shares. This buyback authorization permits the technology company to purchase up to 5.2% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s management believes its stock is undervalued.

Insiders Place Their Bets

In other Fair Isaac news, Director Joanna Rees sold 358 shares of the company’s 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 value of $486,880.00. Following the sale, the director owned 11,204 shares in the company, valued at $15,237,440. This represents a 3.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Eva Manolis sold 520 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $1,227.63, for a total value of $638,367.60. Following the completion of the sale, the director directly owned 344 shares of the company’s stock, valued at approximately $422,304.72. The trade was a 60.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 2,304 shares of company stock valued at $3,706,308 over the last 90 days. 3.02% of the stock is currently owned by insiders.

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.