8,124 Shares in Fair Isaac Corporation $FICO Bought by Cornerstone Advisors LLC

Cornerstone Advisors LLC purchased a new stake in Fair Isaac Corporation (NYSE:FICO) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 8,124 shares of the technology company’s stock, valued at approximately $9,706,000.

Other hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC raised its holdings in Fair Isaac by 168.7% in the 4th quarter. Brighton Jones LLC now owns 481 shares of the technology company’s stock worth $958,000 after purchasing an additional 302 shares in the last quarter. Great Lakes Advisors LLC boosted its stake in shares of Fair Isaac by 5.7% during the 1st 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 in the last quarter. Woodline Partners LP increased its position in shares of Fair Isaac by 46.1% during the first quarter. Woodline Partners LP now owns 2,138 shares of the technology company’s stock valued at $3,943,000 after buying an additional 675 shares during the period. Treasurer of the State of North Carolina increased its position in shares of Fair Isaac by 18.0% during the second quarter. Treasurer of the State of North Carolina now owns 14,037 shares of the technology company’s stock valued at $25,659,000 after buying an additional 2,146 shares during the period. Finally, Alliancebernstein L.P. raised its stake in Fair Isaac by 16.1% in the second quarter. Alliancebernstein L.P. now owns 211,947 shares of the technology company’s stock worth $387,431,000 after buying an additional 29,408 shares in the last quarter. 85.75% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

FICO has been the subject of several research analyst reports. Wells Fargo & Company raised their price objective on shares of Fair Isaac from $1,400.00 to $1,450.00 and gave the stock an “overweight” rating in a report on Thursday, July 30th. Barclays reduced their target price on Fair Isaac from $1,950.00 to $1,700.00 and set an “overweight” rating on the stock in a report on Monday, August 10th. UBS Group lowered their target price on Fair Isaac from $1,200.00 to $1,130.00 and set a “neutral” rating for the company in a research note on Wednesday, August 12th. Weiss Ratings lowered Fair Isaac from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, July 30th. Finally, Raymond James Financial reiterated an “outperform” rating and issued a $1,750.00 price objective on shares of Fair Isaac in a report on Wednesday, April 29th. Eleven investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $1,553.69.

Fair Isaac Stock Down 1.9%

Fair Isaac stock opened at $1,065.02 on Tuesday. Fair Isaac Corporation has a twelve month low of $870.01 and a twelve month high of $1,998.01. The company has a market capitalization of $23.00 billion, a P/E ratio of 30.76, a PEG ratio of 0.97 and a beta of 1.30. The stock’s 50 day moving average is $1,178.18 and its 200 day moving average is $1,191.52.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings data on Wednesday, July 29th. The technology company reported $12.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $11.76 by $0.42. Fair Isaac had a negative return on equity of 32.51% and a net margin of 34.05%.The business had revenue of $674.19 million during the quarter, compared to analysts’ expectations of $679.17 million. During the same quarter in the previous year, the business earned $8.57 earnings per share. The firm’s quarterly revenue was up 25.7% compared to the same quarter last year. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. As a group, equities analysts expect that Fair Isaac Corporation will post 37.37 EPS for the current year.

Insider Activity

In related news, Director Eva Manolis sold 967 shares of the company’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $1,400.00, for a total value of $1,353,800.00. Following the transaction, the director owned 498 shares in the company, valued at $697,200. The trade was a 66.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.02% of the stock is currently owned by corporate insiders.

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.