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1,500 Shares in Fair Isaac Corporation $FICO Purchased by Field & Main Bank

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Key Points

  • Field & Main Bank purchased 1,500 Fair Isaac shares during the second quarter, valued at approximately $1.79 million. Institutional investors and hedge funds collectively own 85.75% of FICO’s outstanding stock.
  • Analyst sentiment remains positive but mixed, with 11 Buy ratings and five Holds. Fair Isaac has a consensus “Moderate Buy” rating and an average price target of $1,553.69.
  • FICO’s latest quarterly results exceeded expectations on earnings, reporting $12.18 in EPS versus the $11.76 consensus, while revenue rose 25.7% year over year to $674.19 million. Shares opened at $1,154.38, near their 50-day and 200-day moving averages.
  • MarketBeat previews top five stocks to own in October.

Field & Main Bank acquired a new stake in Fair Isaac Corporation (NYSE:FICO - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 1,500 shares of the technology company's stock, valued at approximately $1,792,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bayban acquired a new stake in shares of Fair Isaac in the fourth quarter valued at approximately $25,000. Western Wealth Management LLC acquired a new position in shares of Fair Isaac during the first quarter worth approximately $29,000. Torren Management LLC acquired a new position in shares of Fair Isaac during the fourth quarter worth approximately $30,000. Keating Financial Advisory Services Inc. bought a new position in Fair Isaac in the 2nd quarter worth approximately $30,000. Finally, Elyxium Wealth LLC bought a new position in Fair Isaac in the 4th quarter worth approximately $42,000. 85.75% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have weighed in 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 on the stock in a research note on Tuesday, May 19th. Wall Street Zen cut Fair Isaac from a "buy" rating to a "hold" rating in a research note on Sunday, June 28th. UBS Group cut their price objective on shares of Fair Isaac from $1,200.00 to $1,130.00 and set a "neutral" rating on the stock in a research note on Wednesday, August 12th. Wells Fargo & Company upped their price objective on shares of Fair Isaac from $1,400.00 to $1,450.00 and gave the stock an "overweight" rating in a report on Thursday, July 30th. Finally, Royal Bank Of Canada lowered their target price on shares of Fair Isaac from $2,400.00 to $1,525.00 and set an "outperform" rating on the stock in a research note on Thursday, July 30th. Eleven research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $1,553.69.

Read Our Latest Stock Report on FICO

Insider Buying and Selling at Fair Isaac

In other news, Director Eva Manolis sold 967 shares of the firm's stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $1,400.00, for a total transaction of $1,353,800.00. Following the completion of the transaction, the director owned 498 shares in the company, valued at approximately $697,200. This trade represents a 66.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 3.02% of the company's stock.

Fair Isaac Stock Down 0.2%

Shares of Fair Isaac stock opened at $1,154.38 on Friday. The business has a fifty day simple moving average of $1,174.41 and a 200-day simple moving average of $1,175.59. Fair Isaac Corporation has a fifty-two week low of $870.01 and a fifty-two week high of $1,998.01. The firm has a market cap of $24.93 billion, a price-to-earnings ratio of 33.34, a price-to-earnings-growth ratio of 1.04 and a beta of 1.30.

Fair Isaac (NYSE:FICO - Get Free Report) last released its earnings results on Wednesday, July 29th. The technology company reported $12.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $11.76 by $0.42. Fair Isaac had a negative return on equity of 32.51% and a net margin of 34.05%.The firm had revenue of $674.19 million for the quarter, compared to analyst estimates of $679.17 million. During the same period in the previous year, the company earned $8.57 earnings per share. Fair Isaac's revenue was up 25.7% compared to the same quarter last year. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. Analysts anticipate that Fair Isaac Corporation will post 37.37 earnings per share for the current fiscal year.

Fair Isaac 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.

Further Reading

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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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