Mirae Asset Global Investments Co. Ltd. Sells 3,272 Shares of Fair Isaac Corporation $FICO

Mirae Asset Global Investments Co. Ltd. lowered its holdings in shares of Fair Isaac Corporation (NYSE:FICO) by 46.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,735 shares of the technology company’s stock after selling 3,272 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Fair Isaac were worth $5,590,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Edgewood Management LLC purchased a new position in shares of Fair Isaac during the second quarter valued at approximately $612,785,000. Norges Bank bought a new position in Fair Isaac during the 2nd quarter valued at approximately $365,831,000. Brown Advisory Inc. raised its stake in Fair Isaac by 2,047.5% during the second quarter. Brown Advisory Inc. now owns 99,387 shares of the technology company’s stock valued at $181,676,000 after buying an additional 94,759 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in Fair Isaac in the second quarter worth $85,183,000. Finally, Artisan Partners Limited Partnership purchased a new stake in shares of Fair Isaac in the second quarter worth $84,295,000. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Insider Buying and Selling

In other Fair Isaac news, CFO Steven P. Weber sold 1,426 shares of the business’s stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $1,810.00, for a total transaction of $2,581,060.00. Following the completion of the sale, the chief financial officer directly owned 2,804 shares in the company, valued at $5,075,240. The trade was a 33.71% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Eva Manolis sold 521 shares of the company’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $1,825.83, for a total transaction of $951,257.43. Following the sale, the director directly owned 344 shares of the company’s stock, valued at $628,085.52. The trade was a 60.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 4,347 shares of company stock valued at $7,691,229 over the last 90 days. Company insiders own 3.02% of the company’s stock.

Wall Street Analyst Weigh In

FICO has been the subject of several recent analyst reports. Zacks Research lowered Fair Isaac from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 1st. BMO Capital Markets decreased 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. Wells Fargo & Company upped their target price on shares of Fair Isaac from $2,400.00 to $2,500.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 14th. Weiss Ratings reissued a “hold (c+)” rating on shares of Fair Isaac in a research report on Monday, December 29th. Finally, Jefferies Financial Group upped their price objective on Fair Isaac from $2,100.00 to $2,200.00 and gave the company a “buy” rating in a research report on Friday, January 16th. Nine research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $2,094.08.

Fair Isaac Stock Down 2.6%

FICO opened at $1,463.16 on Monday. The firm has a 50 day moving average price of $1,684.97 and a 200-day moving average price of $1,604.36. Fair Isaac Corporation has a twelve month low of $1,300.00 and a twelve month high of $2,217.60. The stock has a market capitalization of $34.71 billion, a price-to-earnings ratio of 54.15, a PEG ratio of 1.64 and a beta of 1.27.

Fair Isaac (NYSE:FICO) last issued its earnings results on Wednesday, January 28th. The technology company reported $7.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.08 by $0.25. The company 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 firm’s quarterly revenue was up 16.4% on a year-over-year basis. During the same quarter last year, the company posted $5.79 earnings per share. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. As a group, analysts expect that Fair Isaac Corporation will post 24.15 earnings per share for the current year.

Fair Isaac Company 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.