Azzad Asset Management Inc. ADV Makes New Investment in Fair Isaac Corporation $FICO

Azzad Asset Management Inc. ADV bought a new position in Fair Isaac Corporation (NYSE:FICO) in the 3rd quarter, Holdings Channel.com reports. The firm bought 471 shares of the technology company’s stock, valued at approximately $705,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Smartleaf Asset Management LLC raised its holdings in Fair Isaac by 35.6% during the third quarter. Smartleaf Asset Management LLC now owns 122 shares of the technology company’s stock worth $186,000 after purchasing an additional 32 shares in the last quarter. Alps Advisors Inc. raised its stake in shares of Fair Isaac by 20.6% during the 3rd quarter. Alps Advisors Inc. now owns 1,018 shares of the technology company’s stock worth $1,523,000 after buying an additional 174 shares in the last quarter. Capital Investment Advisory Services LLC lifted its holdings in shares of Fair Isaac by 25.4% in the 3rd quarter. Capital Investment Advisory Services LLC now owns 360 shares of the technology company’s stock valued at $539,000 after buying an additional 73 shares during the period. Bond & Devick Financial Network Inc. lifted its holdings in shares of Fair Isaac by 3.4% in the 3rd quarter. Bond & Devick Financial Network Inc. now owns 900 shares of the technology company’s stock valued at $1,347,000 after buying an additional 30 shares during the period. Finally, Bessemer Group Inc. boosted its stake in shares of Fair Isaac by 120.4% in the third quarter. Bessemer Group Inc. now owns 1,468 shares of the technology company’s stock valued at $2,198,000 after buying an additional 802 shares in the last quarter. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Fair Isaac Price Performance

FICO stock opened at $1,373.92 on Tuesday. The company’s 50 day simple moving average is $1,636.05 and its 200-day simple moving average is $1,597.83. Fair Isaac Corporation has a 12 month low of $1,284.30 and a 12 month high of $2,217.60. The firm has a market capitalization of $32.59 billion, a PE ratio of 50.85, a P/E/G ratio of 1.41 and a beta of 1.27.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings data 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 firm had revenue of $766.00 million during the quarter, compared to the consensus estimate of $501.05 million. Fair Isaac had a negative return on equity of 40.98% and a net margin of 31.89%.The company’s quarterly revenue was up 16.4% compared to the same quarter last year. 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. As a group, sell-side analysts anticipate that Fair Isaac Corporation will post 24.15 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms have issued reports on FICO. BMO Capital Markets cut their price objective on Fair Isaac from $2,300.00 to $2,200.00 and set an “outperform” rating for the company in a research report on Thursday, November 6th. Jefferies Financial Group increased their price target on shares of Fair Isaac from $2,100.00 to $2,200.00 and gave the company a “buy” rating in a report on Friday, January 16th. Weiss Ratings restated a “hold (c+)” rating on shares of Fair Isaac in a research report on Monday, December 29th. The Goldman Sachs Group reduced their price target on shares of Fair Isaac from $2,070.00 to $1,777.00 and set a “buy” rating for the company in a research report on Monday, February 2nd. Finally, Wells Fargo & Company boosted their price target on 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. Ten research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $2,071.43.

Insiders Place Their Bets

In related news, Director Eva Manolis sold 521 shares of the stock in a transaction on Friday, December 12th. The stock was sold at an average price of $1,825.83, for a total transaction of $951,257.43. Following the sale, the director owned 344 shares of the company’s stock, valued at $628,085.52. This trade represents a 60.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Steven P. Weber sold 1,426 shares of the business’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $1,810.00, for a total transaction of $2,581,060.00. Following the completion of the transaction, the chief financial officer directly owned 2,804 shares of the company’s stock, valued at $5,075,240. The trade was a 33.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 3.02% of the stock is owned by company insiders.

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.