Bank of New York Mellon Corp Decreases Stock Holdings in Fair Isaac Corporation $FICO

Bank of New York Mellon Corp lowered its stake in shares of Fair Isaac Corporation (NYSE:FICO) by 5.3% during the 3rd quarter, Holdings Channel.com reports. The fund owned 130,167 shares of the technology company’s stock after selling 7,271 shares during the quarter. Bank of New York Mellon Corp’s holdings in Fair Isaac were worth $194,800,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in FICO. Westside Investment Management Inc. bought a new position in Fair Isaac during the second quarter valued at approximately $26,000. Hilltop National Bank bought a new stake in Fair Isaac in the 2nd quarter worth approximately $27,000. Ransom Advisory Ltd purchased a new stake in Fair Isaac during the 3rd quarter valued at $30,000. Meeder Asset Management Inc. lifted its holdings 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 valued at $30,000 after buying an additional 8 shares during the period. Finally, Root Financial Partners LLC purchased a new position in shares of Fair Isaac in the 3rd quarter worth $30,000. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Fair Isaac Trading Down 2.6%

NYSE FICO opened at $1,463.16 on Friday. Fair Isaac Corporation has a 12 month low of $1,300.00 and a 12 month high of $2,217.60. The stock has a market cap of $34.71 billion, a price-to-earnings ratio of 54.15, a PEG ratio of 1.60 and a beta of 1.30. The company’s 50 day moving average is $1,684.97 and its two-hundred day moving average is $1,603.19.

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, topping analysts’ consensus estimates of $7.08 by $0.25. The firm had revenue of $766.00 million during the quarter, compared to analysts’ expectations of $501.05 million. Fair Isaac had a net margin of 31.89% and a negative return on equity of 40.98%. The company’s revenue for the quarter was up 16.4% compared to the same quarter last year. During the same period in the prior year, the company posted $5.79 earnings per share. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. Sell-side analysts forecast that Fair Isaac Corporation will post 24.15 EPS for the current year.

Insiders Place Their Bets

In other news, Director Eva Manolis sold 521 shares of the company’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $1,825.83, for a total value of $951,257.43. Following the completion of the transaction, the director owned 344 shares of the company’s stock, valued at $628,085.52. This represents a 60.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Steven P. Weber sold 1,426 shares of the stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $1,810.00, for a total value of $2,581,060.00. Following the sale, the chief financial officer owned 2,804 shares of the company’s stock, valued at $5,075,240. This represents a 33.71% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 4,347 shares of company stock worth $7,691,229. Corporate insiders own 3.46% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on FICO. BMO Capital Markets reduced 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. Zacks Research lowered shares of Fair Isaac from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 1st. Needham & Company LLC reiterated a “buy” rating and issued a $1,975.00 price objective on shares of Fair Isaac in a research note on Thursday. JPMorgan Chase & Co. boosted their target price on shares of Fair Isaac from $1,750.00 to $1,825.00 and gave the company a “neutral” rating in a research report on Thursday, November 6th. Finally, Jefferies Financial Group upped their target price 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. Nine investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $2,094.08.

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.