Prudential PLC Raises Stock Position in Fair Isaac Corporation $FICO

Prudential PLC lifted its position in shares of Fair Isaac Corporation (NYSE:FICO) by 153.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,540 shares of the technology company’s stock after acquiring an additional 1,539 shares during the quarter. Prudential PLC’s holdings in Fair Isaac were worth $4,643,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of FICO. Ensign Peak Advisors Inc raised its holdings in Fair Isaac by 19.7% during the second quarter. Ensign Peak Advisors Inc now owns 18,490 shares of the technology company’s stock worth $33,799,000 after purchasing an additional 3,044 shares during the last quarter. Artisan Partners Limited Partnership purchased a new position in shares of Fair Isaac in the second quarter valued at $84,295,000. Dorsey Wright & Associates raised its stake in shares of Fair Isaac by 0.9% during the 2nd quarter. Dorsey Wright & Associates now owns 2,709 shares of the technology company’s stock worth $4,952,000 after buying an additional 24 shares during the last quarter. TD Waterhouse Canada Inc. boosted its position in shares of Fair Isaac by 529.0% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 195 shares of the technology company’s stock worth $359,000 after buying an additional 164 shares in the last quarter. Finally, Primecap Management Co. CA purchased a new stake in shares of Fair Isaac in the 2nd quarter worth about $34,000,000. Institutional investors and hedge funds own 85.75% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the stock. Weiss Ratings restated a “hold (c+)” rating on shares of Fair Isaac in a report on Wednesday. Jefferies Financial Group lowered their price target on shares of Fair Isaac from $2,150.00 to $2,100.00 and set a “buy” rating on the stock in a research report on Thursday, November 6th. Zacks Research upgraded Fair Isaac from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 7th. JPMorgan Chase & Co. upped their target price on Fair Isaac from $1,750.00 to $1,825.00 and gave the company a “neutral” rating in a research note on Thursday, November 6th. Finally, Seaport Res Ptn upgraded Fair Isaac to a “strong-buy” rating in a report on Wednesday, October 1st. Three analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $2,118.50.

Insiders Place Their Bets

In other Fair Isaac news, CEO William J. Lansing sold 6,011 shares of the firm’s stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $1,537.50, for a total value of $9,241,912.50. Following the sale, the chief executive officer directly owned 42,138 shares of the company’s stock, valued at approximately $64,787,175. This trade represents a 12.48% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold 20,432 shares of company stock worth $32,252,997 in the last quarter. Corporate insiders own 3.46% of the company’s stock.

Fair Isaac Stock Performance

Shares of NYSE FICO opened at $1,787.96 on Friday. The firm has a market cap of $42.39 billion, a P/E ratio of 69.92, a price-to-earnings-growth ratio of 1.63 and a beta of 1.34. Fair Isaac Corporation has a 1 year low of $1,300.00 and a 1 year high of $2,400.00. The firm’s 50 day moving average price is $1,651.24 and its 200 day moving average price is $1,655.02.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings results on Wednesday, November 5th. The technology company reported $7.74 earnings per share for the quarter, beating the consensus estimate of $7.36 by $0.38. Fair Isaac had a negative return on equity of 48.88% and a net margin of 32.80%.The company had revenue of $515.75 million during the quarter, compared to the consensus estimate of $512.38 million. During the same period in the previous year, the firm posted $6.54 EPS. Fair Isaac’s revenue was up 13.6% on a year-over-year basis. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. As a group, equities analysts predict that Fair Isaac Corporation will post 24.15 EPS for the current year.

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.