Fair Isaac Corporation $FICO Stock Position Cut by OAKMONT Corp

OAKMONT Corp lessened its position in shares of Fair Isaac Corporation (NYSE:FICO) by 1.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,293 shares of the technology company’s stock after selling 413 shares during the quarter. Fair Isaac comprises 6.2% of OAKMONT Corp’s holdings, making the stock its 7th biggest position. OAKMONT Corp’s holdings in Fair Isaac were worth $34,859,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its holdings in shares of Fair Isaac by 168.7% during the fourth quarter. Brighton Jones LLC now owns 481 shares of the technology company’s stock valued at $958,000 after acquiring an additional 302 shares in the last quarter. Great Lakes Advisors LLC lifted its stake in 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 acquiring an additional 6 shares during the period. Woodline Partners LP boosted its holdings in shares of Fair Isaac by 46.1% in the 1st quarter. Woodline Partners LP now owns 2,138 shares of the technology company’s stock valued at $3,943,000 after acquiring an additional 675 shares during the last quarter. MGO One Seven LLC purchased a new stake in Fair Isaac in the second quarter valued at $274,000. Finally, Private Trust Co. NA grew its holdings in Fair Isaac by 33.3% during the second quarter. Private Trust Co. NA now owns 36 shares of the technology company’s stock worth $66,000 after acquiring an additional 9 shares during the period. 85.75% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Needham & Company LLC restated a “buy” rating and set a $1,975.00 price target on shares of Fair Isaac in a research report on Thursday, January 29th. Wells Fargo & Company boosted their target price 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. The Goldman Sachs Group dropped their price target 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. JPMorgan Chase & Co. upped their target price on Fair Isaac from $1,750.00 to $1,825.00 and gave the company a “neutral” rating in a report on Thursday, November 6th. Finally, Jefferies Financial Group increased their price target on shares of Fair Isaac from $2,100.00 to $2,200.00 and gave the company a “buy” rating in a research note on Friday, January 16th. Ten equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $2,071.43.

Insider Activity at Fair Isaac

In related news, Director Eva Manolis sold 521 shares of the business’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $1,825.83, for a total value of $951,257.43. Following the completion of the sale, the director directly owned 344 shares of the company’s stock, valued at $628,085.52. The trade was a 60.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Steven P. Weber sold 1,426 shares of the business’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $1,810.00, for a total value of $2,581,060.00. Following the completion of the sale, 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 disclosure for this sale is available in the SEC filing. 3.02% of the stock is owned by insiders.

Fair Isaac Stock Performance

Shares of Fair Isaac stock opened at $1,345.74 on Tuesday. The business has a 50-day simple moving average of $1,593.99 and a 200-day simple moving average of $1,592.56. Fair Isaac Corporation has a one year low of $1,280.86 and a one year high of $2,217.60. The company has a market cap of $31.92 billion, a PE ratio of 49.81, a P/E/G ratio of 1.36 and a beta of 1.27.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings results on Wednesday, January 28th. The technology company reported $7.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $7.08 by $0.25. The company had revenue of $766.00 million during 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%. The firm’s quarterly revenue was up 16.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $5.79 earnings per share. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. On average, sell-side analysts predict that Fair Isaac Corporation will post 24.15 earnings per share for the current fiscal year.

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.