Artisan Partners Limited Partnership Purchases 10,928 Shares of Fair Isaac Corporation $FICO

Artisan Partners Limited Partnership increased its position in Fair Isaac Corporation (NYSE:FICO) by 23.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 57,042 shares of the technology company’s stock after purchasing an additional 10,928 shares during the quarter. Artisan Partners Limited Partnership owned approximately 0.24% of Fair Isaac worth $85,365,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Westside Investment Management Inc. purchased a new position in Fair Isaac during the second quarter valued at $26,000. Ransom Advisory Ltd bought a new position in shares of Fair Isaac in the 3rd quarter worth about $30,000. Meeder Asset Management Inc. lifted its position in 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 acquiring an additional 8 shares during the period. Root Financial Partners LLC bought a new stake in Fair Isaac during the third quarter worth about $30,000. Finally, Cornerstone Planning Group LLC boosted its stake 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 acquiring an additional 14 shares in the last quarter. 85.75% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

FICO has been the subject of a number of analyst reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Fair Isaac in a research note on Monday, December 29th. The Goldman Sachs Group reduced their price objective on 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. Jefferies Financial Group boosted their target price on Fair Isaac from $2,100.00 to $2,200.00 and gave the stock a “buy” rating in a report on Friday, January 16th. Robert W. Baird raised their price target on Fair Isaac from $1,900.00 to $1,960.00 and gave the company an “outperform” rating in a report on Thursday, November 6th. Finally, Wells Fargo & Company lifted their price target on Fair Isaac from $2,400.00 to $2,500.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 14th. Nine investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $1,994.62.

Fair Isaac Price Performance

Shares of NYSE:FICO opened at $1,409.72 on Friday. Fair Isaac Corporation has a 1 year low of $1,193.09 and a 1 year high of $2,217.60. The company has a market cap of $33.44 billion, a P/E ratio of 52.17, a PEG ratio of 1.34 and a beta of 1.27. The stock’s fifty day moving average price is $1,513.82 and its 200-day moving average price is $1,588.43.

Fair Isaac (NYSE:FICO) last released its quarterly earnings data 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 negative return on equity of 40.98% and a net margin of 31.89%.The company had revenue of $766.00 million during the quarter, compared to the consensus estimate of $501.05 million. During the same period last year, the company earned $5.79 EPS. Fair Isaac’s revenue for the quarter was up 16.4% on a year-over-year basis. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. On average, sell-side analysts anticipate that Fair Isaac Corporation will post 24.15 earnings per share for the current year.

Fair Isaac announced that its Board of Directors has approved a stock buyback 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 typically a sign that the company’s board of directors believes its stock is undervalued.

Insider Transactions at Fair Isaac

In other news, CFO Steven P. Weber sold 1,426 shares of the business’s stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $1,810.00, for a total transaction of $2,581,060.00. Following the completion of the transaction, the chief financial officer directly owned 2,804 shares of the company’s stock, valued at $5,075,240. The trade was a 33.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Eva Manolis sold 520 shares of the 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 transaction of $638,367.60. Following the transaction, the director owned 344 shares in the company, valued at approximately $422,304.72. This trade represents a 60.19% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 2,825 shares of company stock worth $4,657,565 over the last three months. 3.02% of the stock is currently owned by company insiders.

Fair Isaac 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.