Waterway Wealth Management LLC Takes Position in Fair Isaac Corporation $FICO

Waterway Wealth Management LLC purchased a new position in Fair Isaac Corporation (NYSE:FICO) in the third quarter, Holdings Channel reports. The fund purchased 865 shares of the technology company’s stock, valued at approximately $1,294,000.

A number of other hedge funds also recently bought and sold shares of FICO. Westside Investment Management Inc. purchased a new stake in shares of Fair Isaac in the second quarter valued at approximately $26,000. Ransom Advisory Ltd acquired a new stake in Fair Isaac in the 3rd quarter valued at $30,000. Meeder Asset Management Inc. increased its holdings in Fair Isaac by 66.7% in the 3rd quarter. Meeder Asset Management Inc. now owns 20 shares of the technology company’s stock worth $30,000 after acquiring an additional 8 shares in the last quarter. Root Financial Partners LLC acquired a new position in Fair Isaac during the third quarter worth $30,000. Finally, Cornerstone Planning Group LLC lifted its holdings in Fair Isaac by 280.0% during the third quarter. Cornerstone Planning Group LLC now owns 19 shares of the technology company’s stock valued at $30,000 after purchasing an additional 14 shares in the last quarter. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Insider Activity

In other Fair Isaac news, CFO Steven P. Weber sold 1,426 shares of Fair Isaac 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 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Eva Manolis sold 521 shares of the business’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 completion of the transaction, the director owned 344 shares in the company, valued at $628,085.52. The trade was a 60.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 3.02% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts have recently commented on FICO shares. Jefferies Financial Group boosted their target price on shares of Fair Isaac from $2,100.00 to $2,200.00 and gave the stock a “buy” rating in a research note on Friday, January 16th. Zacks Research lowered Fair Isaac from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 1st. Wells Fargo & Company raised their target price on Fair Isaac from $2,400.00 to $2,500.00 and gave the company an “overweight” rating in a research report on Wednesday, January 14th. Oppenheimer lowered Fair Isaac from an “outperform” rating to a “market perform” rating in a research note on Monday, October 13th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Fair Isaac in a research note on Monday, December 29th. Ten research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $2,071.43.

Fair Isaac Stock Performance

NYSE:FICO opened at $1,373.92 on Tuesday. Fair Isaac Corporation has a one year low of $1,284.30 and a one year high of $2,217.60. The stock has a market cap of $32.59 billion, a PE ratio of 50.85, a P/E/G ratio of 1.41 and a beta of 1.27. The stock has a 50 day moving average price of $1,636.05 and a 200 day moving average price of $1,597.83.

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, beating the consensus estimate of $7.08 by $0.25. Fair Isaac had a negative return on equity of 40.98% and a net margin of 31.89%.The company had revenue of $766.00 million during the quarter, compared to analysts’ expectations of $501.05 million. During the same period in the prior year, the business earned $5.79 EPS. The firm’s quarterly revenue was up 16.4% on a year-over-year basis. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. As a group, analysts predict that Fair Isaac Corporation will post 24.15 earnings per share for the current fiscal 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.