CIBC Private Wealth Group LLC Sells 32,039 Shares of Fair Isaac Corporation $FICO

CIBC Private Wealth Group LLC lowered its holdings in Fair Isaac Corporation (NYSE:FICO) by 97.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 883 shares of the technology company’s stock after selling 32,039 shares during the period. CIBC Private Wealth Group LLC’s holdings in Fair Isaac were worth $1,321,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Cornerstone Planning Group LLC increased 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 worth $30,000 after buying an additional 14 shares during the last quarter. Ransom Advisory Ltd purchased a new position in Fair Isaac in the third quarter valued at about $30,000. Meeder Asset Management Inc. boosted its stake in Fair Isaac by 66.7% in the third quarter. Meeder Asset Management Inc. now owns 20 shares of the technology company’s stock valued at $30,000 after acquiring an additional 8 shares during the last quarter. Root Financial Partners LLC bought a new position in shares of Fair Isaac during the 3rd quarter valued at approximately $30,000. Finally, Strengthening Families & Communities LLC bought a new position in shares of Fair Isaac during the 3rd quarter valued at approximately $34,000. Institutional investors own 85.75% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on FICO. 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 report on Monday, February 2nd. Weiss Ratings reissued a “hold (c+)” rating on shares of Fair Isaac in a research report on Monday, December 29th. Bank of America began coverage on Fair Isaac in a research note on Tuesday, February 17th. They issued a “buy” rating and a $1,900.00 target price on the stock. Zacks Research cut Fair Isaac from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 1st. Finally, UBS Group cut their price target on Fair Isaac from $1,500.00 to $1,350.00 and set a “neutral” rating for the company in a research note on Wednesday, March 11th. Nine investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $1,956.92.

Fair Isaac Stock Up 1.3%

Shares of FICO opened at $1,127.50 on Monday. The business’s 50-day moving average price is $1,391.32 and its 200-day moving average price is $1,576.67. Fair Isaac Corporation has a twelve month low of $1,068.67 and a twelve month high of $2,217.60. The stock has a market cap of $26.74 billion, a PE ratio of 41.73, a P/E/G ratio of 1.09 and a beta of 1.28.

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

Fair Isaac declared that its Board of Directors has authorized a share repurchase program on Wednesday, February 25th that allows the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization allows the technology company to purchase up to 5.2% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s leadership believes its shares are undervalued.

Insider Activity at Fair Isaac

In other news, Director Joanna Rees sold 358 shares of the company’s stock in a transaction on 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 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 transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, 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 transaction of $638,367.60. Following the completion of the transaction, the director directly owned 344 shares in the company, valued at approximately $422,304.72. The trade was a 60.19% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 3.02% of the company’s stock.

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.