CIBC Private Wealth Group LLC Sells 32,039 Shares of Fair Isaac Corporation $FICO

CIBC Private Wealth Group LLC decreased its holdings in shares of Fair Isaac Corporation (NYSE:FICO) by 97.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 883 shares of the technology company’s stock after selling 32,039 shares during the quarter. CIBC Private Wealth Group LLC’s holdings in Fair Isaac were worth $1,321,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Cornerstone Planning Group LLC lifted its position 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 during the last quarter. Ransom Advisory Ltd bought a new position in shares of Fair Isaac in the 3rd quarter worth $30,000. Meeder Asset Management Inc. increased its holdings in shares of 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 buying an additional 8 shares during the last quarter. Root Financial Partners LLC purchased a new stake in shares of Fair Isaac during the 3rd quarter valued at $30,000. Finally, Strengthening Families & Communities LLC purchased a new stake in shares of Fair Isaac during the 3rd quarter valued at $34,000. 85.75% of the stock is currently owned by institutional investors.

Insider Activity

In related news, Director Eva Manolis sold 520 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $1,227.63, for a total transaction of $638,367.60. Following the transaction, the director directly owned 344 shares in the company, valued at $422,304.72. This trade represents a 60.19% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Joanna Rees sold 358 shares of Fair Isaac stock in a transaction that occurred 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 in the company, valued at $15,237,440. This trade represents a 3.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 3.02% of the company’s stock.

Fair Isaac Stock Up 1.3%

Fair Isaac stock opened at $1,127.50 on Monday. The firm has a fifty day simple moving average of $1,391.32 and a two-hundred day simple moving average of $1,576.67. Fair Isaac Corporation has a twelve month low of $1,068.67 and a twelve month high of $2,217.60. The company has a market capitalization of $26.74 billion, a PE ratio of 41.73, a P/E/G ratio of 1.09 and a beta of 1.28.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings data on Wednesday, January 28th. The technology company reported $7.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.08 by $0.25. The firm had revenue of $766.00 million for the quarter, compared to analysts’ expectations 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 revenue for the quarter was up 16.4% compared to the same quarter last year. During the same period last year, the firm earned $5.79 earnings per share. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. As a group, equities analysts expect that Fair Isaac Corporation will post 24.15 earnings per share for the current fiscal year.

Fair Isaac announced that its board has approved a share buyback plan on Wednesday, February 25th that permits the company to buyback $1.50 billion in shares. This buyback authorization permits the technology company to repurchase up to 5.2% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s leadership believes its stock is undervalued.

Wall Street Analysts Forecast Growth

FICO has been the subject of several research reports. The Goldman Sachs Group cut their target price 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. Needham & Company LLC restated a “buy” rating on shares of Fair Isaac in a research report on Thursday, February 26th. Bank of America started coverage on Fair Isaac in a research note on Tuesday, February 17th. They set a “buy” rating and a $1,900.00 price target for the company. UBS Group cut their price objective on Fair Isaac from $1,500.00 to $1,350.00 and set a “neutral” rating for the company in a report on Wednesday, March 11th. Finally, Zacks Research lowered Fair Isaac from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 1st. Nine equities 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.com, the company currently has an average rating of “Moderate Buy” and an average target price of $1,956.92.

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.