Victory Capital Management Inc. Cuts Holdings in Fair Isaac Corporation $FICO

Victory Capital Management Inc. reduced its holdings in Fair Isaac Corporation (NYSE:FICO) by 49.8% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 16,510 shares of the technology company’s stock after selling 16,391 shares during the quarter. Victory Capital Management Inc.’s holdings in Fair Isaac were worth $24,708,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Ransom Advisory Ltd purchased a new position in Fair Isaac in the third quarter worth $30,000. Meeder Asset Management Inc. grew its stake in shares of Fair Isaac by 66.7% during the 3rd quarter. Meeder Asset Management Inc. now owns 20 shares of the technology company’s stock worth $30,000 after purchasing an additional 8 shares during the period. Root Financial Partners LLC purchased a new position in shares of Fair Isaac in the 3rd quarter valued at about $30,000. Cornerstone Planning Group LLC lifted its stake in shares of Fair Isaac by 280.0% in 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 during the period. Finally, Strengthening Families & Communities LLC acquired a new stake in shares of Fair Isaac in the third quarter valued at about $34,000. Institutional investors and hedge funds own 85.75% of the company’s stock.

Analyst Ratings Changes

Several brokerages have weighed in on FICO. Bank of America started coverage on shares of Fair Isaac in a research report on Tuesday, February 17th. They set a “buy” rating and a $1,900.00 target price on the stock. The Goldman Sachs Group decreased their price target on Fair Isaac from $2,070.00 to $1,777.00 and set a “buy” rating on the stock in a research note on Monday, February 2nd. Weiss Ratings restated a “hold (c+)” rating on shares of Fair Isaac in a report on Monday, December 29th. Zacks Research downgraded Fair Isaac from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 1st. Finally, Jefferies Financial Group lifted their price objective on Fair Isaac from $2,100.00 to $2,200.00 and gave the stock a “buy” rating in a 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’s stock. According to MarketBeat.com, Fair Isaac presently has a consensus rating of “Moderate Buy” and an average target price of $1,994.62.

Fair Isaac Trading Down 2.4%

Shares of FICO opened at $1,441.03 on Tuesday. Fair Isaac Corporation has a 12-month low of $1,193.09 and a 12-month high of $2,217.60. The stock has a market cap of $34.18 billion, a P/E ratio of 53.33, a PEG ratio of 1.42 and a beta of 1.28. The company has a 50-day moving average of $1,478.95 and a two-hundred day moving average of $1,596.27.

Fair Isaac (NYSE:FICO) last released its quarterly earnings results on Wednesday, January 28th. The technology company reported $7.33 EPS for the quarter, beating the consensus estimate of $7.08 by $0.25. Fair Isaac had a net margin of 31.89% and a negative return on equity of 40.98%. The business had revenue of $766.00 million for the quarter, compared to analyst estimates of $501.05 million. During the same period in the prior year, the business earned $5.79 earnings per share. The company’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 forecast that Fair Isaac Corporation will post 24.15 EPS for the current fiscal year.

Fair Isaac declared that its Board of Directors has authorized a stock repurchase plan on Wednesday, February 25th that permits the company to repurchase $1.50 billion in shares. This repurchase authorization permits the technology company to buy up to 5.2% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s management believes its stock is undervalued.

Insider Buying and Selling at Fair Isaac

In other Fair Isaac news, CFO Steven P. Weber sold 1,426 shares of the stock in a transaction on 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 sale, the chief financial officer owned 2,804 shares in the company, valued at approximately $5,075,240. This represents a 33.71% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Joanna Rees sold 358 shares of the business’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $1,360.00, for a total value of $486,880.00. Following the completion of the transaction, the director directly owned 11,204 shares of the company’s stock, valued at approximately $15,237,440. This trade represents a 3.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 2,825 shares of company stock worth $4,657,565. 3.02% of the stock is owned by insiders.

About Fair Isaac

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.