Skandinaviska Enskilda Banken AB publ Has $11.93 Million Stake in Fair Isaac Corporation $FICO

Skandinaviska Enskilda Banken AB publ lessened its holdings in shares of Fair Isaac Corporation (NYSE:FICO) by 21.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 7,972 shares of the technology company’s stock after selling 2,227 shares during the period. Skandinaviska Enskilda Banken AB publ’s holdings in Fair Isaac were worth $11,930,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. increased its position in Fair Isaac by 2.4% in the 3rd quarter. Vanguard Group Inc. now owns 3,069,749 shares of the technology company’s stock valued at $4,593,971,000 after acquiring an additional 72,224 shares in the last quarter. Fifth Third Bancorp increased its holdings in shares of Fair Isaac by 8.2% in the third quarter. Fifth Third Bancorp now owns 447 shares of the technology company’s stock valued at $669,000 after purchasing an additional 34 shares in the last quarter. State of New Jersey Common Pension Fund D raised its position in Fair Isaac by 3.1% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 8,471 shares of the technology company’s stock worth $12,677,000 after purchasing an additional 257 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in Fair Isaac by 12.5% in the 3rd quarter. PNC Financial Services Group Inc. now owns 4,578 shares of the technology company’s stock valued at $6,851,000 after buying an additional 507 shares during the last quarter. Finally, TimesSquare Capital Management LLC increased its stake in shares of Fair Isaac by 41.3% in the 3rd quarter. TimesSquare Capital Management LLC now owns 33,164 shares of the technology company’s stock valued at $49,631,000 after buying an additional 9,700 shares during the period. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Fair Isaac

In other news, CFO Steven P. Weber sold 1,426 shares of the stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $1,810.00, for a total value of $2,581,060.00. Following the completion of the sale, the chief financial officer owned 2,804 shares of the company’s stock, valued at approximately $5,075,240. This represents a 33.71% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Joanna Rees sold 358 shares of the firm’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $1,360.00, for a total transaction of $486,880.00. Following the completion of the transaction, the director directly owned 11,204 shares of the company’s stock, valued at $15,237,440. This represents a 3.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 2,305 shares of company stock valued at $4,019,197. Insiders own 3.02% of the company’s stock.

Analyst Upgrades and Downgrades

FICO has been the topic of a number of research reports. Needham & Company LLC restated a “buy” rating and set a $1,975.00 target price on shares of Fair Isaac in a research report on Thursday, January 29th. Weiss Ratings restated a “hold (c+)” rating on shares of Fair Isaac in a report on Monday, December 29th. Jefferies Financial Group raised their price objective on shares of Fair Isaac from $2,100.00 to $2,200.00 and gave the company a “buy” rating in a research note on Friday, January 16th. BMO Capital Markets lowered 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. Finally, The Goldman Sachs Group cut their price target on Fair Isaac from $2,070.00 to $1,777.00 and set a “buy” rating on the stock in a research note on Monday, February 2nd. Ten research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Fair Isaac has an average rating of “Moderate Buy” and an average target price of $2,007.14.

Fair Isaac Trading Up 1.2%

Fair Isaac stock opened at $1,367.70 on Thursday. Fair Isaac Corporation has a 1-year low of $1,280.86 and a 1-year high of $2,217.60. The company has a fifty day simple moving average of $1,578.21 and a 200 day simple moving average of $1,590.75. The company has a market cap of $32.44 billion, a P/E ratio of 50.62, a price-to-earnings-growth ratio of 1.37 and a beta of 1.27.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings results on Wednesday, January 28th. The technology company reported $7.33 EPS for the quarter, topping the consensus estimate of $7.08 by $0.25. The firm had revenue of $766.00 million for the quarter, compared to analysts’ expectations of $501.05 million. Fair Isaac had a net margin of 31.89% and a negative return on equity of 40.98%. The company’s revenue for the quarter was up 16.4% on a year-over-year basis. During the same period in the previous year, the firm posted $5.79 EPS. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. On average, equities research analysts forecast that Fair Isaac Corporation will post 24.15 EPS 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.