Fair Isaac Corporation $FICO Holdings Lowered by Congress Asset Management Co.

Congress Asset Management Co. reduced its stake in Fair Isaac Corporation (NYSE:FICO) by 9.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 32,321 shares of the technology company’s stock after selling 3,248 shares during the period. Congress Asset Management Co. owned 0.14% of Fair Isaac worth $54,643,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Heartland Bank & Trust Co increased its stake in shares of Fair Isaac by 1.3% during the third quarter. Heartland Bank & Trust Co now owns 464 shares of the technology company’s stock valued at $694,000 after acquiring an additional 6 shares during the period. GW&K Investment Management LLC lifted its position in Fair Isaac by 4.6% in the third quarter. GW&K Investment Management LLC now owns 136 shares of the technology company’s stock worth $204,000 after purchasing an additional 6 shares during the period. Great Lakes Advisors LLC boosted its stake in Fair Isaac by 5.7% during the 1st quarter. Great Lakes Advisors LLC now owns 112 shares of the technology company’s stock valued at $207,000 after purchasing an additional 6 shares in the last quarter. San Luis Wealth Advisors LLC increased its position in shares of Fair Isaac by 2.8% during the 3rd quarter. San Luis Wealth Advisors LLC now owns 253 shares of the technology company’s stock valued at $379,000 after purchasing an additional 7 shares during the period. Finally, Meeder Asset Management Inc. increased its position in shares of Fair Isaac by 66.7% during 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 during the period. 85.75% of the stock is currently owned by institutional investors.

Insider Transactions at Fair Isaac

In other news, Director Eva Manolis sold 520 shares of Fair Isaac 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 transaction, the director directly owned 344 shares of the company’s stock, valued at $422,304.72. This trade represents a 60.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Joanna Rees sold 358 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $1,360.00, for a total transaction 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 position. The disclosure for this sale is available in the SEC filing. 3.02% of the stock is currently owned by corporate insiders.

Fair Isaac Stock Down 5.8%

Shares of NYSE FICO opened at $1,062.32 on Tuesday. The stock’s fifty day simple moving average is $1,379.96 and its 200 day simple moving average is $1,573.46. The stock has a market capitalization of $25.20 billion, a price-to-earnings ratio of 39.32, a PEG ratio of 1.09 and a beta of 1.28. Fair Isaac Corporation has a 52-week low of $1,061.00 and a 52-week 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 negative return on equity of 40.98% and a net margin of 31.89%.The business had revenue of $766.00 million during the quarter, compared to the consensus estimate of $501.05 million. During the same period in the prior year, the business posted $5.79 earnings per share. Fair Isaac’s revenue 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, analysts anticipate that Fair Isaac Corporation will post 24.15 earnings per share for the current year.

Fair Isaac declared that its board has approved a share repurchase program on Wednesday, February 25th that permits the company to repurchase $1.50 billion in shares. This repurchase authorization permits the technology company to reacquire up to 5.2% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s board believes its stock is undervalued.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on FICO. Bank of America began coverage on Fair Isaac in a report on Tuesday, February 17th. They issued a “buy” rating and a $1,900.00 price objective for the company. Zacks Research lowered Fair Isaac from a “strong-buy” rating to a “hold” rating in a report on Monday, December 1st. Wells Fargo & Company cut their price target on shares of Fair Isaac from $2,500.00 to $2,300.00 and set an “overweight” rating for the company in a report on Wednesday, March 18th. Jefferies Financial Group raised their price objective on shares of Fair Isaac from $2,100.00 to $2,200.00 and gave the company a “buy” rating in a research report on Friday, January 16th. Finally, UBS Group lowered their price objective on shares of Fair Isaac from $1,500.00 to $1,350.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 11th. Nine research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $1,956.92.

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.