Fair Isaac Corporation $FICO Shares Acquired by Biondo Investment Advisors LLC

Biondo Investment Advisors LLC raised its holdings in shares of Fair Isaac Corporation (NYSE:FICO) by 28.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,621 shares of the technology company’s stock after purchasing an additional 1,889 shares during the period. Fair Isaac accounts for approximately 1.8% of Biondo Investment Advisors LLC’s investment portfolio, making the stock its 16th biggest holding. Biondo Investment Advisors LLC’s holdings in Fair Isaac were worth $14,575,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in FICO. Northwestern Mutual Wealth Management Co. increased its position in shares of Fair Isaac by 480,776.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,327,664 shares of the technology company’s stock worth $5,625,815,000 after purchasing an additional 3,326,972 shares in the last quarter. Capital World Investors increased its position in shares of Fair Isaac by 874.4% during the third quarter. Capital World Investors now owns 808,393 shares of the technology company’s stock worth $1,209,784,000 after purchasing an additional 725,432 shares in the last quarter. Capital Research Global Investors acquired a new position in shares of Fair Isaac during the fourth quarter worth $516,615,000. Capital International Investors increased its position in shares of Fair Isaac by 402.8% during the third quarter. Capital International Investors now owns 377,883 shares of the technology company’s stock worth $565,513,000 after purchasing an additional 302,734 shares in the last quarter. Finally, Norges Bank acquired a new position in shares of Fair Isaac during the fourth quarter worth $490,209,000. 85.75% of the stock is owned by institutional investors and hedge funds.

Fair Isaac Trading Down 0.7%

FICO opened at $1,177.22 on Friday. Fair Isaac Corporation has a 12-month low of $870.01 and a 12-month high of $1,998.01. The firm has a market capitalization of $27.30 billion, a PE ratio of 37.29, a P/E/G ratio of 1.04 and a beta of 1.28. The firm has a 50 day moving average of $1,120.24 and a two-hundred day moving average of $1,362.61.

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

Fair Isaac announced that its board has approved a stock repurchase plan on Wednesday, February 25th that allows the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization allows the technology company to repurchase up to 5.2% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s board believes its shares are undervalued.

Wall Street Analyst Weigh In

FICO has been the topic of a number of recent analyst reports. Robert W. Baird set a $1,549.00 price target on Fair Isaac in a research report on Wednesday, April 29th. Needham & Company LLC reissued a “buy” rating and issued a $1,650.00 target price on shares of Fair Isaac in a research report on Tuesday, June 9th. Raymond James Financial reissued an “outperform” rating and issued a $1,750.00 target price on shares of Fair Isaac in a research report on Wednesday, April 29th. UBS Group cut their target price on Fair Isaac from $1,200.00 to $1,150.00 and set a “neutral” rating on the stock in a research report on Thursday, April 23rd. Finally, The Goldman Sachs Group cut their target price on Fair Isaac from $1,770.00 to $1,528.00 and set a “buy” rating on the stock in a research report on Thursday, April 2nd. Ten equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,619.36.

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.