IFM Investors Pty Ltd Purchases Shares of 4,838 Fair Isaac Corporation $FICO

IFM Investors Pty Ltd purchased a new position in Fair Isaac Corporation (NYSE:FICOFree Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,838 shares of the technology company’s stock, valued at approximately $5,165,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of FICO. Bayban purchased a new stake in Fair Isaac in the 4th quarter worth $25,000. Physician Wealth Advisors Inc. raised its holdings in Fair Isaac by 166.7% during the fourth quarter. Physician Wealth Advisors Inc. now owns 16 shares of the technology company’s stock valued at $27,000 after acquiring an additional 10 shares during the period. Torren Management LLC purchased a new position in shares of Fair Isaac in the fourth quarter valued at about $30,000. Elyxium Wealth LLC purchased a new position in shares of Fair Isaac in the fourth quarter valued at about $42,000. Finally, Rakuten Securities Inc. boosted its stake in shares of Fair Isaac by 100.0% in the second quarter. Rakuten Securities Inc. now owns 24 shares of the technology company’s stock worth $44,000 after acquiring an additional 12 shares during the period. 85.75% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Bank of America cut their target price on Fair Isaac from $1,550.00 to $1,400.00 and set a “buy” rating for the company in a research report on Tuesday, May 19th. Mizuho assumed coverage on Fair Isaac in a report on Thursday, April 16th. They issued an “outperform” rating and a $1,416.00 price target on the stock. JPMorgan Chase & Co. dropped their price target on Fair Isaac from $1,325.00 to $1,225.00 and set a “neutral” rating for the company in a research note on Thursday, April 30th. Wells Fargo & Company cut their price objective on shares of Fair Isaac from $1,650.00 to $1,400.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. Finally, Raymond James Financial reiterated an “outperform” rating and set a $1,750.00 price objective on shares of Fair Isaac in a research report on Wednesday, April 29th. Ten 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, Fair Isaac currently has an average rating of “Moderate Buy” and a consensus target price of $1,627.93.

View Our Latest Analysis on FICO

Fair Isaac Trading Down 0.2%

Shares of FICO stock opened at $1,268.62 on Friday. Fair Isaac Corporation has a 12-month low of $870.01 and a 12-month high of $1,998.01. The stock’s 50-day moving average price is $1,155.82 and its 200-day moving average price is $1,297.45. The stock has a market capitalization of $29.42 billion, a price-to-earnings ratio of 40.18, a price-to-earnings-growth ratio of 1.12 and a beta of 1.29.

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

Fair Isaac Company Profile

(Free Report)

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.

Read More

Want to see what other hedge funds are holding FICO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fair Isaac Corporation (NYSE:FICOFree Report).

Institutional Ownership by Quarter for Fair Isaac (NYSE:FICO)

Receive News & Ratings for Fair Isaac Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fair Isaac and related companies with MarketBeat.com's FREE daily email newsletter.