Teamwork Financial Advisors LLC Purchases New Holdings in Fair Isaac Corporation $FICO

Teamwork Financial Advisors LLC purchased a new position in shares of Fair Isaac Corporation (NYSE:FICO) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 855 shares of the technology company’s stock, valued at approximately $1,563,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. CWA Asset Management Group LLC lifted its position in shares of Fair Isaac by 15.1% during the 1st quarter. CWA Asset Management Group LLC now owns 145 shares of the technology company’s stock valued at $267,000 after acquiring an additional 19 shares during the period. QRG Capital Management Inc. raised its stake in Fair Isaac by 4.5% in the first quarter. QRG Capital Management Inc. now owns 395 shares of the technology company’s stock valued at $728,000 after purchasing an additional 17 shares in the last quarter. Brighton Jones LLC lifted its position in Fair Isaac by 168.7% during the fourth quarter. Brighton Jones LLC now owns 481 shares of the technology company’s stock worth $958,000 after purchasing an additional 302 shares during the period. GAMMA Investing LLC grew its stake in Fair Isaac by 55.6% during the first quarter. GAMMA Investing LLC now owns 140 shares of the technology company’s stock worth $258,000 after buying an additional 50 shares in the last quarter. Finally, Tidal Investments LLC grew its stake in Fair Isaac by 692.2% during the fourth quarter. Tidal Investments LLC now owns 14,133 shares of the technology company’s stock worth $28,138,000 after buying an additional 12,349 shares in the last quarter. 85.75% of the stock is owned by institutional investors and hedge funds.

Fair Isaac Stock Performance

Shares of NYSE:FICO opened at $1,544.06 on Friday. Fair Isaac Corporation has a 52-week low of $1,300.00 and a 52-week high of $2,402.51. The company has a market capitalization of $37.06 billion, a PE ratio of 60.39, a price-to-earnings-growth ratio of 3.11 and a beta of 1.35. The company has a fifty day moving average of $1,477.76 and a 200-day moving average of $1,727.96.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings data on Wednesday, July 30th. The technology company reported $8.57 earnings per share for the quarter, topping analysts’ consensus estimates of $7.75 by $0.82. Fair Isaac had a negative return on equity of 48.88% and a net margin of 32.80%.The business had revenue of $536.42 million for the quarter, compared to analyst estimates of $520.40 million. During the same quarter in the previous year, the company posted $6.25 EPS. Fair Isaac’s quarterly revenue was up 19.8% compared to the same quarter last year. Fair Isaac has set its FY 2025 guidance at 29.150-29.150 EPS. On average, equities analysts forecast that Fair Isaac Corporation will post 24.15 EPS for the current fiscal year.

Fair Isaac announced that its board has authorized a share buyback program on Thursday, June 19th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the technology company to purchase up to 2.3% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Insider Buying and Selling at Fair Isaac

In other news, CEO William J. Lansing sold 6,011 shares of the company’s stock in a transaction that occurred on 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 completion of the transaction, the chief executive officer owned 42,138 shares of the company’s stock, valued at $64,787,175. This represents a 12.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders sold 18,032 shares of company stock worth $28,153,015 in the last quarter. Insiders own 3.46% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently commented on FICO. Robert W. Baird upgraded shares of Fair Isaac from a “neutral” rating to an “outperform” rating and dropped their target price for the company from $2,021.00 to $1,900.00 in a research report on Wednesday, May 28th. UBS Group lifted their price objective on shares of Fair Isaac from $1,540.00 to $1,590.00 and gave the company a “neutral” rating in a research note on Monday, September 8th. BMO Capital Markets upped their target price on Fair Isaac from $1,650.00 to $1,800.00 and gave the stock an “outperform” rating in a research note on Monday, August 18th. Raymond James Financial decreased their price target on Fair Isaac from $2,230.00 to $1,800.00 and set an “outperform” rating on the stock in a research note on Thursday, July 31st. Finally, Oppenheimer lowered their price target on Fair Isaac from $2,300.00 to $1,953.00 and set an “outperform” rating for the company in a report on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $2,098.14.

Fair Isaac Company 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.