Lido Advisors LLC Purchases 1,926 Shares of Fair Isaac Corporation $FICO

Lido Advisors LLC lifted its position in shares of Fair Isaac Corporation (NYSE:FICO) by 234.0% during the 2nd quarter, Holdings Channel reports. The firm owned 2,749 shares of the technology company’s stock after purchasing an additional 1,926 shares during the quarter. Lido Advisors LLC’s holdings in Fair Isaac were worth $5,026,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of FICO. First National Advisers LLC grew its holdings in Fair Isaac by 13.7% during the second quarter. First National Advisers LLC now owns 1,751 shares of the technology company’s stock worth $3,201,000 after purchasing an additional 211 shares during the period. New York State Common Retirement Fund lifted its position in shares of Fair Isaac by 17.8% in the second quarter. New York State Common Retirement Fund now owns 14,561 shares of the technology company’s stock valued at $26,617,000 after buying an additional 2,200 shares during the last quarter. West Family Investments Inc. bought a new position in shares of Fair Isaac during the 2nd quarter worth approximately $510,000. Edgewood Management LLC acquired a new position in shares of Fair Isaac during the 2nd quarter worth approximately $612,785,000. Finally, Silvant Capital Management LLC raised its stake in Fair Isaac by 4.8% in the 2nd quarter. Silvant Capital Management LLC now owns 33,002 shares of the technology company’s stock valued at $60,326,000 after acquiring an additional 1,508 shares during the period. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Fair Isaac Stock Up 0.6%

NYSE FICO opened at $1,779.81 on Wednesday. The firm has a 50-day moving average price of $1,686.47 and a two-hundred day moving average price of $1,631.65. Fair Isaac Corporation has a 12-month low of $1,300.00 and a 12-month high of $2,400.00. The company has a market capitalization of $42.20 billion, a P/E ratio of 67.04, a P/E/G ratio of 1.96 and a beta of 1.29.

Fair Isaac (NYSE:FICO) last released its quarterly earnings results on Wednesday, November 5th. The technology company reported $7.74 earnings per share for the quarter, beating analysts’ consensus estimates of $7.36 by $0.38. The company had revenue of $515.75 million during the quarter, compared to the consensus estimate of $512.38 million. Fair Isaac had a net margin of 32.75% and a negative return on equity of 43.97%. The firm’s quarterly revenue was up 13.6% on a year-over-year basis. During the same period in the previous year, the business earned $6.54 earnings per share. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. Equities analysts expect that Fair Isaac Corporation will post 24.15 EPS for the current year.

Insiders Place Their Bets

In other news, CEO William J. Lansing sold 6,011 shares of the company’s stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $1,537.50, for a total transaction of $9,241,912.50. Following the completion of the sale, the chief executive officer directly owned 42,138 shares in the company, valued at approximately $64,787,175. This represents a 12.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Over the last ninety days, insiders sold 14,422 shares of company stock valued at $23,226,939. 3.46% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on FICO shares. Robert W. Baird lifted their price objective on shares of Fair Isaac from $1,900.00 to $1,960.00 and gave the stock an “outperform” rating in a research report on Thursday, November 6th. BMO Capital Markets reduced their target price on shares of Fair Isaac from $2,300.00 to $2,200.00 and set an “outperform” rating for the company in a report on Thursday, November 6th. Barclays increased their price target on shares of Fair Isaac from $2,000.00 to $2,400.00 and gave the company an “overweight” rating in a report on Thursday, October 2nd. UBS Group boosted their price objective on Fair Isaac from $1,590.00 to $1,640.00 and gave the stock a “neutral” rating in a report on Monday, September 15th. Finally, Zacks Research raised Fair Isaac from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 7th. Three research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $2,118.50.

Fair Isaac Profile

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.