Saudi Central Bank Has $1.93 Million Stake in Fair Isaac Corporation $FICO

Saudi Central Bank raised its holdings in Fair Isaac Corporation (NYSE:FICO) by 85.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,619 shares of the technology company’s stock after buying an additional 744 shares during the period. Saudi Central Bank’s holdings in Fair Isaac were worth $1,934,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of FICO. Bayban acquired a new stake in shares of Fair Isaac in the fourth quarter valued at about $25,000. Western Wealth Management LLC acquired a new position in Fair Isaac during the first quarter valued at approximately $29,000. Keating Financial Advisory Services Inc. acquired a new position in Fair Isaac during the second quarter valued at approximately $30,000. Elyxium Wealth LLC bought a new position in Fair Isaac in the fourth quarter valued at approximately $42,000. Finally, Rakuten Securities Inc. increased its position in shares of Fair Isaac by 100.0% during the 2nd quarter. Rakuten Securities Inc. now owns 24 shares of the technology company’s stock worth $44,000 after purchasing an additional 12 shares during the last quarter. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Eva Manolis sold 967 shares of the business’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $1,400.00, for a total value of $1,353,800.00. Following the completion of the sale, the director directly owned 498 shares in the company, valued at $697,200. The trade was a 66.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 3.02% of the company’s stock.

Wall Street Analysts Forecast Growth

FICO has been the topic of a number of analyst reports. Jefferies Financial Group set a $1,675.00 price objective on Fair Isaac in a research note on Monday, August 3rd. Wall Street Zen downgraded shares of Fair Isaac from a “buy” rating to a “hold” rating in a research report on Sunday, June 28th. Weiss Ratings upgraded shares of Fair Isaac from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, August 28th. UBS Group dropped their target price on shares of Fair Isaac from $1,200.00 to $1,130.00 and set a “neutral” rating on the stock in a report on Wednesday, August 12th. Finally, Barclays reduced their price target on Fair Isaac from $1,950.00 to $1,700.00 and set an “overweight” rating for the company in a report on Monday, August 10th. Eleven analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $1,553.69.

Fair Isaac Stock Performance

Shares of FICO opened at $931.63 on Tuesday. The firm has a market cap of $20.12 billion, a P/E ratio of 26.91, a price-to-earnings-growth ratio of 0.84 and a beta of 1.32. Fair Isaac Corporation has a 52 week low of $870.01 and a 52 week high of $1,998.01. The firm’s 50-day simple moving average is $1,164.45 and its 200 day simple moving average is $1,161.58.

Fair Isaac (NYSE:FICO) last issued 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. Fair Isaac had a net margin of 34.05% and a negative return on equity of 32.51%. The firm had revenue of $674.19 million during the quarter, compared to the consensus estimate of $679.17 million. During the same period last year, the business posted $8.57 earnings per share. The business’s revenue for the quarter was up 25.7% compared to the same quarter last year. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. As a group, equities analysts forecast that Fair Isaac Corporation will post 37.37 earnings per share for the current year.

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.