UNIVEST FINANCIAL Corp bought a new stake in Fair Isaac Corporation (NYSE:FICO – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 13,791 shares of the technology company’s stock, valued at approximately $16,477,000. Fair Isaac comprises approximately 0.8% of UNIVEST FINANCIAL Corp’s investment portfolio, making the stock its 27th biggest position. UNIVEST FINANCIAL Corp owned about 0.06% of Fair Isaac as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds also recently modified their holdings of FICO. Bayban purchased a new position in shares of Fair Isaac during the fourth quarter valued at approximately $25,000. Physician Wealth Advisors Inc. grew its stake in Fair Isaac by 166.7% in the 4th quarter. Physician Wealth Advisors Inc. now owns 16 shares of the technology company’s stock worth $27,000 after acquiring an additional 10 shares during the period. Western Wealth Management LLC purchased a new stake in Fair Isaac in the 1st quarter worth approximately $29,000. Torren Management LLC acquired a new position in Fair Isaac in the 4th quarter valued at $30,000. Finally, Elyxium Wealth LLC acquired a new position in Fair Isaac in the 4th quarter valued at $42,000. 85.75% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several research firms have recently issued reports on FICO. Barclays decreased their price objective 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. Robert W. Baird set a $1,549.00 target price on Fair Isaac in a research note on Wednesday, April 29th. Bank of America decreased their price target on Fair Isaac from $1,550.00 to $1,400.00 and set a “buy” rating on the stock in a research note on Tuesday, May 19th. JPMorgan Chase & Co. lowered their price target on Fair Isaac from $1,325.00 to $1,225.00 and set a “neutral” rating for the company in a report on Thursday, April 30th. Finally, Raymond James Financial reaffirmed an “outperform” rating and set a $1,750.00 price objective on shares of Fair Isaac in a research note on Wednesday, April 29th. Eleven analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Fair Isaac presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,553.69.
Fair Isaac Trading Down 1.9%
Shares of Fair Isaac stock opened at $1,065.02 on Tuesday. The business’s fifty day moving average price is $1,178.18 and its 200 day moving average price is $1,191.52. Fair Isaac Corporation has a twelve month low of $870.01 and a twelve month high of $1,998.01. The stock 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.
Fair Isaac (NYSE:FICO – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The technology company reported $12.18 EPS for the quarter, topping the consensus estimate of $11.76 by $0.42. The company had revenue of $674.19 million during the quarter, compared to analyst estimates of $679.17 million. Fair Isaac had a negative return on equity of 32.51% and a net margin of 34.05%.The firm’s revenue was up 25.7% on a year-over-year basis. During the same period in the prior year, the firm posted $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 EPS for the current year.
Insider Activity
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 transaction of $1,353,800.00. Following the completion of the sale, the director owned 498 shares of the company’s stock, valued at approximately $697,200. This represents a 66.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 3.02% of the company’s stock.
Fair Isaac 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.
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