Fair Isaac Corporation $FICO Stock Holdings Decreased by Greenleaf Trust

Greenleaf Trust lowered its stake in Fair Isaac Corporation (NYSE:FICO) by 7.0% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 411 shares of the technology company’s stock after selling 31 shares during the period. Greenleaf Trust’s holdings in Fair Isaac were worth $751,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of FICO. Brighton Jones LLC increased its position in shares of Fair Isaac by 168.7% in the 4th 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 last quarter. Merit Financial Group LLC grew its position in shares of Fair Isaac by 128.0% during the 1st quarter. Merit Financial Group LLC now owns 399 shares of the technology company’s stock valued at $736,000 after buying an additional 224 shares during the last quarter. HBW Advisory Services LLC grew its position in shares of Fair Isaac by 5.3% during the 1st quarter. HBW Advisory Services LLC now owns 179 shares of the technology company’s stock valued at $330,000 after buying an additional 9 shares during the last quarter. RFG Advisory LLC bought a new stake in shares of Fair Isaac during the 1st quarter valued at about $218,000. Finally, Hennion & Walsh Asset Management Inc. grew its position in shares of Fair Isaac by 2.8% during the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 923 shares of the technology company’s stock valued at $1,702,000 after buying an additional 25 shares during the last quarter. Institutional investors own 85.75% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. UBS Group boosted their price objective on shares of Fair Isaac from $1,590.00 to $1,640.00 and gave the company a “neutral” rating in a research report on Monday, September 15th. Griffin Securities set a $1,800.00 price objective on shares of Fair Isaac in a research report on Monday, August 18th. BMO Capital Markets boosted their price objective on shares of Fair Isaac from $1,650.00 to $1,800.00 and gave the company an “outperform” rating in a research report on Monday, August 18th. Wells Fargo & Company set a $2,300.00 price objective on shares of Fair Isaac in a research report on Wednesday. Finally, Oppenheimer lowered their price objective on shares of Fair Isaac from $2,300.00 to $1,953.00 and set an “outperform” rating for the company in a research report on Thursday, July 31st. Two investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $2,130.29.

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 shares were sold at an average price of $1,537.50, for a total value of $9,241,912.50. Following the completion of the sale, the chief executive officer directly owned 42,138 shares of the company’s stock, valued at approximately $64,787,175. This represents a 12.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Over the last ninety days, insiders have sold 18,032 shares of company stock valued at $28,153,015. Corporate insiders own 3.46% of the company’s stock.

Fair Isaac Stock Up 17.8%

Fair Isaac stock opened at $1,781.42 on Friday. The firm has a 50-day moving average price of $1,469.68 and a two-hundred day moving average price of $1,703.01. The firm has a market capitalization of $42.75 billion, a price-to-earnings ratio of 69.67, a PEG ratio of 2.37 and a beta of 1.35. Fair Isaac Corporation has a 52-week low of $1,300.00 and a 52-week high of $2,402.51.

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

Fair Isaac announced that its Board of Directors has authorized a share repurchase program on Thursday, June 19th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the technology company to repurchase up to 2.3% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its stock is undervalued.

About Fair Isaac

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.