Procyon Advisors LLC Has $2.56 Million Stock Position in Fair Isaac Corporation $FICO

Procyon Advisors LLC increased its stake in shares of Fair Isaac Corporation (NYSE:FICO) by 41.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,516 shares of the technology company’s stock after acquiring an additional 444 shares during the quarter. Procyon Advisors LLC’s holdings in Fair Isaac were worth $2,562,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of FICO. Vanguard Group Inc. grew its position in Fair Isaac by 2.4% in the 3rd quarter. Vanguard Group Inc. now owns 3,069,749 shares of the technology company’s stock worth $4,593,971,000 after purchasing an additional 72,224 shares during the last quarter. State Street Corp raised its position in shares of Fair Isaac by 1.2% during the second quarter. State Street Corp now owns 1,083,410 shares of the technology company’s stock valued at $1,980,430,000 after buying an additional 13,018 shares during the last quarter. Capital World Investors lifted its stake in shares of Fair Isaac by 874.4% in the third quarter. Capital World Investors now owns 808,393 shares of the technology company’s stock valued at $1,209,784,000 after buying an additional 725,432 shares during the period. Principal Financial Group Inc. lifted its stake in shares of Fair Isaac by 8.1% in the third quarter. Principal Financial Group Inc. now owns 404,105 shares of the technology company’s stock valued at $604,819,000 after buying an additional 30,253 shares during the period. Finally, American Century Companies Inc. grew its position in Fair Isaac by 2.8% during the second quarter. American Century Companies Inc. now owns 397,389 shares of the technology company’s stock worth $726,411,000 after buying an additional 10,771 shares in the last quarter. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Fair Isaac Stock Up 1.3%

Shares of FICO opened at $1,127.50 on Monday. The company has a 50-day moving average price of $1,391.32 and a two-hundred day moving average price of $1,576.67. The stock has a market cap of $26.74 billion, a price-to-earnings ratio of 41.73, a P/E/G ratio of 1.09 and a beta of 1.28. Fair Isaac Corporation has a 12 month low of $1,068.67 and a 12 month high of $2,217.60.

Fair Isaac (NYSE:FICO) last released 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 company had revenue of $766.00 million for the quarter, compared to analyst estimates of $501.05 million. Fair Isaac had a negative return on equity of 40.98% and a net margin of 31.89%.The company’s revenue was up 16.4% compared to the same quarter last year. During the same period in the prior year, the company posted $5.79 EPS. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. Equities research analysts expect that Fair Isaac Corporation will post 24.15 EPS for the current fiscal year.

Fair Isaac announced that its Board of Directors has authorized a stock buyback program on Wednesday, February 25th that permits the company to buyback $1.50 billion in outstanding shares. This buyback authorization permits the technology company to purchase up to 5.2% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s management believes its shares are undervalued.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on FICO. The Goldman Sachs Group lowered their price target on Fair Isaac from $2,070.00 to $1,777.00 and set a “buy” rating on the stock in a research note on Monday, February 2nd. UBS Group decreased their price objective on Fair Isaac from $1,500.00 to $1,350.00 and set a “neutral” rating on the stock in a report on Wednesday, March 11th. Bank of America began coverage on Fair Isaac in a research report on Tuesday, February 17th. They set a “buy” rating and a $1,900.00 price objective on the stock. Needham & Company LLC restated a “buy” rating on shares of Fair Isaac in a research note on Thursday, February 26th. Finally, Zacks Research cut Fair Isaac from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 1st. Nine equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $1,956.92.

Insider Buying and Selling at Fair Isaac

In other Fair Isaac news, Director Joanna Rees sold 358 shares of the stock in a transaction on Friday, February 13th. The stock was sold at an average price of $1,360.00, for a total transaction of $486,880.00. Following the completion of the transaction, the director directly owned 11,204 shares in the company, valued at $15,237,440. This represents a 3.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Eva Manolis sold 520 shares of Fair Isaac stock in a transaction 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 approximately $422,304.72. The trade was a 60.19% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 3.02% of the company’s stock.

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.