Intech Investment Management LLC Sells 790 Shares of Fair Isaac Corporation $FICO

Intech Investment Management LLC reduced its holdings in Fair Isaac Corporation (NYSE:FICO) by 2.3% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 34,301 shares of the technology company’s stock after selling 790 shares during the quarter. Fair Isaac accounts for approximately 0.6% of Intech Investment Management LLC’s portfolio, making the stock its 26th largest position. Intech Investment Management LLC’s holdings in Fair Isaac were worth $62,701,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Westside Investment Management Inc. bought a new stake in shares of Fair Isaac during the 2nd quarter valued at $26,000. ORG Partners LLC bought a new stake in Fair Isaac in the second quarter valued at about $27,000. Hilltop National Bank acquired a new position in Fair Isaac in the second quarter valued at about $27,000. Geo Capital Gestora de Recursos Ltd acquired a new position in Fair Isaac in the first quarter valued at about $28,000. Finally, N.E.W. Advisory Services LLC bought a new position in Fair Isaac during the first quarter worth about $30,000. Institutional investors and hedge funds own 85.75% of the company’s stock.

Fair Isaac Stock Performance

Shares of FICO opened at $1,742.98 on Friday. The firm has a market cap of $41.32 billion, a P/E ratio of 68.17, a PEG ratio of 1.63 and a beta of 1.34. Fair Isaac Corporation has a twelve month low of $1,300.00 and a twelve month high of $2,400.00. The firm’s 50 day moving average price is $1,631.72 and its two-hundred day moving average price is $1,664.41.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings data on Wednesday, November 5th. The technology company reported $7.74 EPS for the quarter, topping analysts’ consensus estimates of $7.36 by $0.38. The business had revenue of $515.75 million for the quarter, compared to analyst estimates of $512.38 million. Fair Isaac had a net margin of 32.80% and a negative return on equity of 48.88%. The firm’s quarterly revenue was up 13.6% on a year-over-year basis. During the same period last year, the business posted $6.54 earnings per share. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. On average, sell-side analysts anticipate that Fair Isaac Corporation will post 24.15 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Raymond James Financial lowered their price target on Fair Isaac from $2,230.00 to $1,800.00 and set an “outperform” rating for the company in a research note on Thursday, July 31st. JPMorgan Chase & Co. boosted their price objective on shares of Fair Isaac from $1,750.00 to $1,825.00 and gave the company a “neutral” rating in a report on Thursday, November 6th. Barclays increased their target price on shares of Fair Isaac from $2,000.00 to $2,400.00 and gave the stock an “overweight” rating in a report on Thursday, October 2nd. UBS Group lifted their price target on shares of Fair Isaac from $1,590.00 to $1,640.00 and gave the stock a “neutral” rating in a research report on Monday, September 15th. Finally, Wells Fargo & Company upped their price objective on shares of Fair Isaac from $2,300.00 to $2,400.00 and gave the company an “overweight” rating in a research report on Tuesday, October 14th. Three investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $2,118.50.

Insider Activity

In other news, CEO William J. Lansing sold 2,400 shares of the business’s stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $1,732.88, for a total value of $4,158,912.00. Following the sale, the chief executive officer directly owned 10,933 shares in the company, valued at $18,945,577.04. The trade was a 18.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Over the last 90 days, insiders sold 20,432 shares of company stock valued at $32,252,997. Company insiders own 3.46% of the company’s stock.

About Fair Isaac

Fair Isaac Corporation develops analytic, software, and digital decisioning technologies and services that enable businesses to automate, enhance, and connect decisions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Scores and Software. The Software segment provides pre-configured analytic and decision management solution designed for various business needs or processes, such as account origination, customer management, customer engagement, fraud detection, financial crimes compliance, and marketing, as well as associated professional services.