Banco Bilbao Vizcaya Argentaria S.A. grew its position in shares of Fair Isaac Corporation (NYSE:FICO – Free Report) by 5.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,685 shares of the technology company’s stock after buying an additional 460 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Fair Isaac were worth $14,507,000 as of its most recent SEC filing.
Several other hedge funds also recently made changes to their positions in FICO. Heartland Bank & Trust Co raised its position in shares of Fair Isaac by 1.3% during the 3rd 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 in the last quarter. GW&K Investment Management LLC boosted its holdings 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 increased its stake in Fair Isaac by 5.7% during the first 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 during the last quarter. Meeder Asset Management Inc. increased its stake in Fair Isaac by 66.7% during the third 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 last quarter. Finally, Parkside Financial Bank & Trust raised its holdings in shares of Fair Isaac by 5.9% during the third quarter. Parkside Financial Bank & Trust now owns 143 shares of the technology company’s stock worth $214,000 after purchasing an additional 8 shares during the period. Institutional investors and hedge funds own 85.75% of the company’s stock.
Analyst Upgrades and Downgrades
FICO has been the topic of a number of recent research reports. Zacks Research downgraded shares of Fair Isaac from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 1st. Wells Fargo & Company increased their price objective on shares of Fair Isaac from $2,400.00 to $2,500.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 14th. Needham & Company LLC reissued a “buy” rating on shares of Fair Isaac in a report on Thursday, February 26th. Weiss Ratings restated a “hold (c+)” rating on shares of Fair Isaac in a research note on Monday, December 29th. Finally, Bank of America started coverage on Fair Isaac in a report on Tuesday, February 17th. They set a “buy” rating and a $1,900.00 target price for the company. Nine analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Fair Isaac currently has a consensus rating of “Moderate Buy” and an average target price of $1,972.31.
Fair Isaac Stock Performance
Fair Isaac stock opened at $1,131.13 on Monday. Fair Isaac Corporation has a one year low of $1,068.67 and a one year high of $2,217.60. The company has a 50-day simple moving average of $1,436.84 and a 200-day simple moving average of $1,589.15. The firm 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 (NYSE:FICO – Get Free Report) last issued its quarterly earnings data on Wednesday, January 28th. The technology company reported $7.33 earnings per share for the quarter, beating the consensus estimate of $7.08 by $0.25. The firm had revenue of $766.00 million for the quarter, compared to the consensus estimate 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 quarterly revenue was up 16.4% compared to the same quarter last year. During the same period last year, the firm posted $5.79 EPS. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. As a group, sell-side analysts forecast that Fair Isaac Corporation will post 24.15 earnings per share for the current year.
Fair Isaac declared that its Board of Directors has approved a share repurchase plan on Wednesday, February 25th that allows the company to buyback $1.50 billion in outstanding shares. This buyback authorization allows the technology company to purchase up to 5.2% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board believes its shares are undervalued.
Insider Activity
In other news, CFO Steven P. Weber sold 1,426 shares of Fair Isaac stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $1,810.00, for a total transaction of $2,581,060.00. Following the sale, the chief financial officer owned 2,804 shares of the company’s stock, valued at approximately $5,075,240. The trade was a 33.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Joanna Rees sold 358 shares of the business’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 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 disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 2,304 shares of company stock valued at $3,706,308. Insiders own 3.02% of the company’s stock.
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.
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