Wellington Management Group LLP Has $3 Million Holdings in Fair Isaac Corporation $FICO

Wellington Management Group LLP lessened its position in shares of Fair Isaac Corporation (NYSE:FICO) by 83.3% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,507 shares of the technology company’s stock after selling 12,521 shares during the period. Wellington Management Group LLP’s holdings in Fair Isaac were worth $2,995,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in FICO. XXEC Inc. bought a new position in shares of Fair Isaac during the second quarter worth approximately $33,189,000. Northwestern Mutual Wealth Management Co. boosted its stake in Fair Isaac by 480,776.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,327,664 shares of the technology company’s stock valued at $5,625,815,000 after purchasing an additional 3,326,972 shares during the period. BlackRock Inc. bought a new stake in Fair Isaac in the 2nd quarter valued at $2,491,517,000. Primecap Management Co. CA acquired a new position in Fair Isaac in the 2nd quarter valued at $433,508,000. Finally, Capital Research Global Investors acquired a new position in Fair Isaac in the 4th quarter valued at $516,615,000. Institutional investors and hedge funds own 85.75% of the company’s stock.

Insider Transactions at Fair Isaac

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

Fair Isaac Stock Down 2.2%

FICO stock opened at $961.10 on Friday. Fair Isaac Corporation has a 52 week low of $870.01 and a 52 week high of $1,998.01. The business has a 50-day simple moving average of $1,148.53 and a 200 day simple moving average of $1,153.19. The company has a market cap of $20.76 billion, a PE ratio of 27.76, a price-to-earnings-growth ratio of 0.89 and a beta of 1.32.

Fair Isaac (NYSE:FICO) last released its earnings results on Wednesday, July 29th. The technology company reported $12.18 EPS for the quarter, beating the consensus estimate of $11.76 by $0.42. The firm had revenue of $674.19 million for the quarter, compared to analyst estimates of $679.17 million. Fair Isaac had a net margin of 34.05% and a negative return on equity of 32.51%. The business’s quarterly revenue was up 25.7% compared to the same quarter last year. During the same period last year, the firm earned $8.57 EPS. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. On average, analysts anticipate that Fair Isaac Corporation will post 37.04 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on FICO. Needham & Company LLC reissued a “buy” rating and set a $1,650.00 target price on shares of Fair Isaac in a report on Thursday, July 30th. Jefferies Financial Group set a $1,675.00 price target on shares of Fair Isaac in a research note on Monday, August 3rd. Raymond James Financial reaffirmed an “outperform” rating on shares of Fair Isaac in a research report on Wednesday. Barclays dropped their price objective on shares of Fair Isaac from $1,950.00 to $1,700.00 and set an “overweight” rating for the company in a research note on Monday, August 10th. Finally, Royal Bank Of Canada cut their price objective on shares of Fair Isaac from $2,400.00 to $1,525.00 and set an “outperform” rating for the company in a report on Thursday, July 30th. Eleven equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $1,553.69.

Fair Isaac Profile

Fair Isaac Corp. (NYSE:FICO), commonly known as FICO, is an analytics and decision-management software company best known for developing the FICO Score. The company’s scoring and predictive analytics products help lenders and other businesses evaluate credit risk, manage customer relationships and make data-driven decisions.

FICO provides software and services for a range of industries, including banking, insurance, telecommunications, retail and government. Its offerings include credit scoring solutions, fraud detection and prevention tools, customer engagement platforms, marketing analytics, and decision automation software designed to help organizations manage risk and improve operational efficiency.

The company was founded in 1956 by Bill Fair and Earl Isaac and originally operated as Fair, Isaac and Company.