Dock Street Asset Management Inc. Purchases 940 Shares of Fair Isaac Corporation $FICO

Dock Street Asset Management Inc. raised its position in Fair Isaac Corporation (NYSE:FICO) by 6.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,485 shares of the technology company’s stock after purchasing an additional 940 shares during the quarter. Fair Isaac accounts for approximately 2.4% of Dock Street Asset Management Inc.’s holdings, making the stock its 15th biggest holding. Dock Street Asset Management Inc. owned approximately 0.07% of Fair Isaac worth $26,179,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Heartland Bank & Trust Co raised its holdings in shares of Fair Isaac by 1.3% in the third quarter. Heartland Bank & Trust Co now owns 464 shares of the technology company’s stock worth $694,000 after buying an additional 6 shares during the period. GW&K Investment Management LLC grew its position in Fair Isaac by 4.6% in the 3rd quarter. GW&K Investment Management LLC now owns 136 shares of the technology company’s stock valued at $204,000 after acquiring an additional 6 shares during the last quarter. Great Lakes Advisors LLC grew its position in Fair Isaac by 5.7% in the 1st quarter. Great Lakes Advisors LLC now owns 112 shares of the technology company’s stock valued at $207,000 after acquiring an additional 6 shares during the last quarter. San Luis Wealth Advisors LLC increased its stake in Fair Isaac by 2.8% in the third quarter. San Luis Wealth Advisors LLC now owns 253 shares of the technology company’s stock worth $379,000 after purchasing an additional 7 shares during the period. Finally, Meeder Asset Management Inc. lifted its position in shares of Fair Isaac by 66.7% during the third quarter. Meeder Asset Management Inc. now owns 20 shares of the technology company’s stock worth $30,000 after purchasing an additional 8 shares during the last quarter. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Insider Buying and Selling

In related news, Director Joanna Rees sold 358 shares of Fair Isaac 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 transaction, the director directly owned 11,204 shares of the company’s stock, valued at $15,237,440. This trade represents a 3.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Eva Manolis sold 520 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $1,227.63, for a total transaction of $638,367.60. Following the completion of 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 position. Additional details regarding this sale are available in the official SEC disclosure. 3.02% of the stock is currently owned by company insiders.

Fair Isaac Trading Up 1.9%

Shares of Fair Isaac stock opened at $1,067.98 on Wednesday. The stock’s fifty day moving average price is $1,315.02 and its 200-day moving average price is $1,551.70. The firm has a market cap 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. Fair Isaac Corporation has a 12 month low of $969.32 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, topping analysts’ consensus estimates of $7.08 by $0.25. Fair Isaac had a net margin of 31.89% and a negative return on equity of 40.98%. The company had revenue of $766.00 million during the quarter, compared to analyst estimates of $501.05 million. During the same period in the prior year, the firm earned $5.79 earnings per share. The firm’s revenue for the quarter 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. Analysts forecast that Fair Isaac Corporation will post 24.15 earnings per share for the current year.

Fair Isaac announced that its Board of Directors has authorized a share repurchase plan on Wednesday, February 25th that authorizes the company to buyback $1.50 billion in outstanding shares. This buyback authorization authorizes the technology company to buy up to 5.2% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s board of directors believes its shares are undervalued.

Wall Street Analyst Weigh In

FICO has been the topic of a number of research analyst reports. Needham & Company LLC restated a “buy” rating on shares of Fair Isaac in a report on Thursday, February 26th. Wells Fargo & Company decreased their price objective 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. Bank of America initiated coverage on shares of Fair Isaac in a research report on Tuesday, February 17th. They issued a “buy” rating and a $1,900.00 price objective for the company. Weiss Ratings restated a “hold (c+)” rating on shares of Fair Isaac in a research note on Monday, December 29th. Finally, The Goldman Sachs Group reduced their target price on shares of Fair Isaac from $2,070.00 to $1,777.00 and set a “buy” rating on the stock in a research report on Monday, February 2nd. Nine investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $1,886.69.

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.