Allspring Global Investments Holdings LLC Increases Position in Fair Isaac Corporation $FICO

Allspring Global Investments Holdings LLC raised its position in shares of Fair Isaac Corporation (NYSE:FICO) by 254.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 51,342 shares of the technology company’s stock after buying an additional 36,857 shares during the period. Allspring Global Investments Holdings LLC owned about 0.22% of Fair Isaac worth $84,369,000 as of its most recent filing with the Securities & Exchange Commission.

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

Insider Buying and Selling

In other Fair Isaac news, Director Joanna Rees sold 358 shares of the business’s 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 completion of the transaction, the director directly owned 11,204 shares in the company, valued at approximately $15,237,440. The trade was a 3.10% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Eva Manolis sold 520 shares of Fair Isaac stock in a transaction dated 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 owned 344 shares of the company’s stock, valued at $422,304.72. This trade represents a 60.19% decrease in their position. The SEC filing for this sale provides additional information. 3.02% of the stock is currently owned by company insiders.

Fair Isaac Price Performance

Shares of Fair Isaac stock opened at $1,067.98 on Wednesday. Fair Isaac Corporation has a 1 year low of $969.32 and a 1 year high of $2,217.60. The company has a market capitalization of $25.33 billion, a P/E ratio of 39.53, a P/E/G ratio of 1.01 and a beta of 1.28. The business has a 50 day moving average price of $1,315.02 and a 200 day moving average price of $1,551.70.

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

Fair Isaac announced that its board has initiated a share buyback plan on Wednesday, February 25th that permits the company to buyback $1.50 billion in shares. This buyback authorization permits the technology company to reacquire up to 5.2% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s management believes its shares are undervalued.

Analysts Set New Price Targets

A number of equities analysts recently commented on FICO shares. Jefferies Financial Group boosted their target price on shares of Fair Isaac from $2,100.00 to $2,200.00 and gave the stock a “buy” rating in a research note on Friday, January 16th. Wells Fargo & Company reduced 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 research report on Wednesday, March 18th. JPMorgan Chase & Co. decreased their price objective on shares of Fair Isaac from $1,825.00 to $1,325.00 and set a “neutral” rating for the company in a research note on Tuesday, March 24th. 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 report on Wednesday, March 11th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Fair Isaac in a research note on Monday, December 29th. Nine equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $1,886.69.

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.