Tcfg Wealth Management LLC Takes $20.37 Million Position in Fair Isaac Corporation $FICO

Tcfg Wealth Management LLC bought a new stake in Fair Isaac Corporation (NYSE:FICO) in the 3rd quarter, according to its most recent filing with the SEC. The fund bought 13,614 shares of the technology company’s stock, valued at approximately $20,374,000. Fair Isaac accounts for 5.1% of Tcfg Wealth Management LLC’s investment portfolio, making the stock its largest holding.

Other hedge funds have also recently added to or reduced their stakes in the company. Oarsman Capital Inc. raised its position in shares of Fair Isaac by 6.7% in the third quarter. Oarsman Capital Inc. now owns 143 shares of the technology company’s stock worth $214,000 after acquiring an additional 9 shares during the period. Coldstream Capital Management Inc. grew its position in shares of Fair Isaac by 2.0% during the 3rd quarter. Coldstream Capital Management Inc. now owns 1,170 shares of the technology company’s stock valued at $1,751,000 after acquiring an additional 23 shares during the period. Danske Bank A S purchased a new position in shares of Fair Isaac in the 3rd quarter valued at about $17,056,000. Stance Capital LLC acquired a new position in Fair Isaac in the 3rd quarter worth about $1,302,000. Finally, Silvant Capital Management LLC boosted its position in Fair Isaac by 1.7% during the third quarter. Silvant Capital Management LLC now owns 33,568 shares of the technology company’s stock worth $50,236,000 after purchasing an additional 566 shares in the last quarter. 85.75% of the stock is owned by hedge funds and other institutional investors.

Fair Isaac Stock Performance

Shares of FICO stock opened at $1,203.78 on Thursday. Fair Isaac Corporation has a fifty-two week low of $1,068.67 and a fifty-two week high of $2,217.60. The stock’s fifty day moving average is $1,411.53 and its two-hundred day moving average is $1,581.78. The firm has a market capitalization of $28.55 billion, a P/E ratio of 44.55, a PEG ratio of 1.16 and a beta of 1.28.

Fair Isaac (NYSE:FICO) last issued its earnings results on Wednesday, January 28th. The technology company reported $7.33 EPS for the quarter, beating analysts’ consensus estimates of $7.08 by $0.25. The business had revenue of $766.00 million during the quarter, compared to analysts’ expectations of $501.05 million. Fair Isaac had a net margin of 31.89% and a negative return on equity of 40.98%. The company’s quarterly revenue was up 16.4% compared to the same quarter last year. During the same period in the prior year, the business earned $5.79 earnings per share. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. On average, equities analysts forecast that Fair Isaac Corporation will post 24.15 earnings per share for the current year.

Fair Isaac declared that its board has approved a share buyback plan on Wednesday, February 25th that authorizes the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization authorizes the technology company to reacquire up to 5.2% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

Wall Street Analyst Weigh In

A number of analysts have recently commented on FICO shares. Weiss Ratings restated a “hold (c+)” rating on shares of Fair Isaac in a research report on Monday, December 29th. Bank of America initiated coverage on shares of Fair Isaac in a research note on Tuesday, February 17th. They issued a “buy” rating and a $1,900.00 price target on the stock. Needham & Company LLC restated a “buy” rating on shares of Fair Isaac in a research 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 on the stock in a report on Wednesday. Finally, Jefferies Financial Group lifted their target price on shares of Fair Isaac from $2,100.00 to $2,200.00 and gave the company a “buy” rating in a research report on Friday, January 16th. Nine investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Fair Isaac currently has an average rating of “Moderate Buy” and a consensus target price of $1,956.92.

Insider Buying and Selling

In other Fair Isaac news, Director Joanna Rees sold 358 shares of the firm’s 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 value 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 position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Eva Manolis sold 520 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the director owned 344 shares of the company’s stock, valued at $422,304.72. This trade represents a 60.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 3.02% of the company’s stock.

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.