Fair Isaac Corporation $FICO Shares Bought by BI Asset Management Fondsmaeglerselskab A S

BI Asset Management Fondsmaeglerselskab A S grew its stake in shares of Fair Isaac Corporation (NYSE:FICO) by 15.3% during the 1st quarter, Holdings Channel.com reports. The firm owned 9,445 shares of the technology company’s stock after acquiring an additional 1,250 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Fair Isaac were worth $10,083,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in FICO. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Fair Isaac by 480,776.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,327,664 shares of the technology company’s stock valued at $5,625,815,000 after purchasing an additional 3,326,972 shares during the period. Capital World Investors grew its position in Fair Isaac by 10.7% during the fourth quarter. Capital World Investors now owns 894,593 shares of the technology company’s stock worth $1,512,417,000 after buying an additional 86,200 shares during the period. Geode Capital Management LLC grew its position in Fair Isaac by 1.3% during the fourth quarter. Geode Capital Management LLC now owns 719,120 shares of the technology company’s stock worth $1,213,620,000 after buying an additional 8,886 shares during the period. Morgan Stanley increased its holdings in Fair Isaac by 2.3% in the fourth quarter. Morgan Stanley now owns 499,836 shares of the technology company’s stock valued at $845,037,000 after buying an additional 11,363 shares in the last quarter. Finally, Principal Financial Group Inc. increased its holdings in Fair Isaac by 13.4% in the fourth quarter. Principal Financial Group Inc. now owns 458,085 shares of the technology company’s stock valued at $774,518,000 after buying an additional 53,980 shares in the last quarter. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Barclays decreased their price target on Fair Isaac from $2,400.00 to $1,950.00 and set an “overweight” rating on the stock in a research note on Friday, April 10th. Bank of America reduced their price objective on Fair Isaac from $1,550.00 to $1,400.00 and set a “buy” rating for the company in a report on Tuesday, May 19th. Wells Fargo & Company decreased their target price on Fair Isaac from $1,650.00 to $1,400.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. Mizuho started coverage on Fair Isaac in a report on Thursday, April 16th. They issued an “outperform” rating and a $1,416.00 target price on the stock. Finally, Robert W. Baird set a $1,549.00 price target on Fair Isaac in a research report on Wednesday, April 29th. Ten investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $1,626.50.

Fair Isaac Stock Performance

FICO stock opened at $1,097.33 on Monday. Fair Isaac Corporation has a 1 year low of $870.01 and a 1 year high of $1,998.01. The stock’s 50 day moving average price is $1,125.22 and its 200 day moving average price is $1,336.74. The firm has a market cap of $25.45 billion, a P/E ratio of 34.76, a PEG ratio of 0.97 and a beta of 1.28.

Fair Isaac (NYSE:FICO) last announced its earnings results on Tuesday, April 28th. The technology company reported $12.50 EPS for the quarter, beating analysts’ consensus estimates of $11.03 by $1.47. The firm had revenue of $691.68 million for the quarter, compared to analysts’ expectations of $630.21 million. Fair Isaac had a negative return on equity of 41.04% and a net margin of 33.67%.Fair Isaac’s quarterly revenue was up 38.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $7.81 EPS. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. On average, research analysts predict that Fair Isaac Corporation will post 38.06 earnings per share for the current year.

Fair Isaac announced that its board has approved a share repurchase program on Wednesday, February 25th that authorizes the company to buyback $1.50 billion in shares. This buyback authorization authorizes the technology company to buy up to 5.2% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s management believes its stock is undervalued.

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.