1,845 Shares of Fair Isaac Corporation $FICO Purchased by Titan Investment Management LLC

Titan Investment Management LLC bought a new position in shares of Fair Isaac Corporation (NYSE:FICO – Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 1,845 shares of the technology company’s stock, valued at approximately $1,093,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of FICO. XXEC Inc. bought a new stake in shares of Fair Isaac during the second quarter valued at approximately $33,189,000. BlackRock Inc. purchased a new stake in shares of Fair Isaac in the second quarter valued at approximately $2,491,517,000. Primecap Management Co. CA acquired a new position in Fair Isaac in the 2nd quarter valued at $433,508,000. Legal & General Group Plc purchased a new position in shares of Fair Isaac during the 2nd quarter worth $173,157,000. Finally, Bank of New York Mellon Corp acquired a new position in Fair Isaac in the second quarter valued at about $152,357,000. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Insider Buying and Selling at Fair Isaac

In other news, Director Eva Manolis sold 967 shares of the company’s stock in a transaction 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 approximately $697,200. This represents a 66.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 3.02% of the company’s stock.

Analyst Ratings Changes

FICO has been the subject of several analyst reports. Weiss Ratings upgraded shares of Fair Isaac from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, October 9th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Fair Isaac in a report on Tuesday, September 29th. The Goldman Sachs Group set a $1,322.00 price target on Fair Isaac in a research note on Tuesday, September 29th. Credit Suisse Group set a $1,150.00 price target on Fair Isaac in a report on Wednesday, September 30th. Finally, Griffin Securities set a $1,150.00 target price on Fair Isaac in a research report on Thursday, October 1st. Ten investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Fair Isaac has a consensus rating of “Moderate Buy” and a consensus price target of $1,095.94.

Read Our Latest Stock Report on FICO

Fair Isaac Trading Up 3.5%

Shares of NYSE:FICO opened at $823.24 on Friday. Fair Isaac Corporation has a twelve month low of $586.05 and a twelve month high of $1,858.91. The company has a 50 day moving average of $914.58 and a 200-day moving average of $1,067.01. The firm has a market cap of $17.78 billion, a P/E ratio of 23.78, a P/E/G ratio of 0.94 and a beta of 1.35.

Fair Isaac (NYSE:FICO – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The technology company reported $12.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $11.76 by $0.42. The company had revenue of $674.19 million for the quarter, compared to analysts’ expectations 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 revenue was up 25.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $8.57 EPS. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. Equities research analysts forecast that Fair Isaac Corporation will post 36.66 EPS for the current year.

About Fair Isaac

(Free Report)

Fair Isaac Corporation, commonly known as FICO, develops analytics and decision-management software used by businesses to assess risk, detect fraud and make customer-related decisions. The company is best known for the FICO Score, a credit-risk scoring system used by lenders and other financial institutions to evaluate consumer creditworthiness.

FICO’s offerings include credit scoring solutions, decisioning platforms, fraud-detection tools, customer management software and predictive analytics.

Further Reading

Institutional Ownership by Quarter for Fair Isaac (NYSE:FICO)

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