Bamco Inc. NY Has $116.06 Million Stock Holdings in Fair Isaac Corporation $FICO

Bamco Inc. NY lessened its holdings in Fair Isaac Corporation (NYSE:FICO) by 9.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 68,651 shares of the technology company’s stock after selling 7,178 shares during the quarter. Bamco Inc. NY’s holdings in Fair Isaac were worth $116,063,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in FICO. Physician Wealth Advisors Inc. raised its position in Fair Isaac by 166.7% in the fourth quarter. Physician Wealth Advisors Inc. now owns 16 shares of the technology company’s stock worth $27,000 after purchasing an additional 10 shares in the last quarter. Torren Management LLC acquired a new stake in shares of Fair Isaac during the fourth quarter worth approximately $30,000. Elyxium Wealth LLC acquired a new stake in shares of Fair Isaac during the fourth quarter worth approximately $42,000. Rakuten Securities Inc. increased its holdings in shares of Fair Isaac by 100.0% during the second quarter. Rakuten Securities Inc. now owns 24 shares of the technology company’s stock worth $44,000 after buying an additional 12 shares in the last quarter. Finally, JPL Wealth Management LLC acquired a new stake in shares of Fair Isaac during the third quarter worth approximately $46,000. Institutional investors and hedge funds own 85.75% of the company’s stock.

Fair Isaac Price Performance

FICO opened at $1,126.49 on Thursday. Fair Isaac Corporation has a one year low of $870.01 and a one year high of $1,998.01. The company’s 50 day simple moving average is $1,124.79 and its 200-day simple moving average is $1,346.46. The stock has a market capitalization of $26.12 billion, a P/E ratio of 35.68, a price-to-earnings-growth ratio of 1.05 and a beta of 1.28.

Fair Isaac (NYSE:FICO) last released its quarterly earnings results on Tuesday, April 28th. The technology company reported $12.50 EPS for the quarter, beating the consensus estimate of $11.03 by $1.47. Fair Isaac had a net margin of 33.67% and a negative return on equity of 41.04%. The business had revenue of $691.68 million for the quarter, compared to analysts’ expectations of $630.21 million. During the same period in the prior year, the firm earned $7.81 earnings per share. Fair Isaac’s revenue was up 38.7% compared to the same quarter last year. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. As a group, analysts anticipate that Fair Isaac Corporation will post 38.06 EPS for the current year.

Fair Isaac announced that its board has approved a share repurchase program on Wednesday, February 25th that allows the company to buyback $1.50 billion in shares. This buyback authorization allows the technology company to reacquire up to 5.2% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board believes its shares are undervalued.

Analyst Upgrades and Downgrades

FICO has been the subject of several recent analyst reports. UBS Group raised their price objective on shares of Fair Isaac from $1,110.00 to $1,250.00 and gave the stock a “neutral” rating in a report on Tuesday. Barclays dropped their price objective on shares of Fair Isaac from $2,400.00 to $1,950.00 and set an “overweight” rating for the company in a report on Friday, April 10th. Wall Street Zen lowered shares of Fair Isaac from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Jefferies Financial Group dropped their price objective on shares of Fair Isaac from $1,800.00 to $1,700.00 and set a “buy” rating for the company in a report on Monday, May 4th. Finally, Mizuho initiated coverage on shares of Fair Isaac in a report on Thursday, April 16th. They set an “outperform” rating and a $1,416.00 price objective for the company. Ten equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $1,626.50.

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.