Oppenheimer Asset Management Inc. Invests $4.57 Million in Fair Isaac Corporation $FICO

Oppenheimer Asset Management Inc. bought a new position in shares of Fair Isaac Corporation (NYSE:FICO) in the second quarter, Holdings Channel reports. The institutional investor bought 3,823 shares of the technology company’s stock, valued at approximately $4,568,000.

Several other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its stake in Fair Isaac by 5.7% in the first quarter. Bank of America Corp DE now owns 133,448 shares of the technology company’s stock worth $142,461,000 after purchasing an additional 7,154 shares in the last quarter. Soltis Investment Advisors LLC bought a new stake in shares of Fair Isaac during the fourth quarter worth $2,379,000. Brighton Jones LLC increased its stake in shares of Fair Isaac by 168.7% in the fourth quarter. Brighton Jones LLC now owns 481 shares of the technology company’s stock valued at $958,000 after buying an additional 302 shares in the last quarter. Titan Global Capital Management USA LLC increased its stake in shares of Fair Isaac by 42.6% in the fourth quarter. Titan Global Capital Management USA LLC now owns 7,993 shares of the technology company’s stock valued at $13,513,000 after buying an additional 2,387 shares in the last quarter. Finally, Altrafin AG bought a new position in shares of Fair Isaac in the fourth quarter valued at about $2,117,000. 85.75% of the stock is owned by institutional investors.

Insider Buying and Selling at Fair Isaac

In related news, Director Eva Manolis sold 967 shares of the stock in a transaction that occurred on 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 sale, the director directly owned 498 shares in the company, valued at $697,200. This trade represents a 66.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.02% of the stock is owned by corporate insiders.

Fair Isaac Trading Down 2.3%

NYSE FICO opened at $1,084.65 on Friday. Fair Isaac Corporation has a 12 month low of $870.01 and a 12 month high of $1,998.01. The stock has a 50-day simple moving average of $1,181.07 and a 200 day simple moving average of $1,197.39. The company has a market capitalization of $23.43 billion, a PE ratio of 31.33, a P/E/G ratio of 0.97 and a beta of 1.30.

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

Analyst Ratings Changes

Several brokerages recently issued reports on FICO. JPMorgan Chase & Co. reduced their price target on shares of Fair Isaac from $1,325.00 to $1,225.00 and set a “neutral” rating on the stock in a research report on Thursday, April 30th. UBS Group lowered their price objective on shares of Fair Isaac from $1,200.00 to $1,130.00 and set a “neutral” rating for the company in a research report on Wednesday. Weiss Ratings downgraded shares of Fair Isaac from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, July 30th. Barclays reduced their target price on shares of Fair Isaac from $1,950.00 to $1,700.00 and set an “overweight” rating on the stock in a research report on Monday, August 10th. Finally, Wall Street Zen cut shares of Fair Isaac from a “buy” rating to a “hold” rating in a research note on Sunday, June 28th. Eleven investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,571.29.

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.