Allianz Asset Management GmbH Lowers Stock Holdings in Fair Isaac Corporation $FICO

Key Points

• Allianz Asset Management GmbH reduced its stake in Fair Isaac Corporation by 3.4%, owning approximately 20,685 shares valued at $37.81 million after selling 725 shares in the second quarter.
• Research analysts have shown a generally positive outlook on Fair Isaac, with a consensus rating of "Moderate Buy" and price targets ranging from $1,640.00 to $2,137.43.
• CEO William J. Lansing sold 6,011 shares at an average price of $1,537.50 for over $9.24 million, marking a 12.48% decrease in his ownership of the company's stock.

Allianz Asset Management GmbH decreased its position in shares of Fair Isaac Corporation (NYSE:FICO - Free Report) by 3.4% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 20,685 shares of the technology company's stock after selling 725 shares during the quarter. Allianz Asset Management GmbH owned approximately 0.08% of Fair Isaac worth $37,811,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of FICO. ORG Partners LLC purchased a new position in shares of Fair Isaac during the 2nd quarter valued at $27,000. Hilltop National Bank purchased a new position in shares of Fair Isaac during the 2nd quarter valued at $27,000. Geo Capital Gestora de Recursos Ltd purchased a new stake in Fair Isaac in the 1st quarter worth $28,000. N.E.W. Advisory Services LLC purchased a new stake in Fair Isaac in the 1st quarter worth $30,000. Finally, Meeder Asset Management Inc. lifted its stake in Fair Isaac by 41.7% in the 1st quarter. Meeder Asset Management Inc. now owns 17 shares of the technology company's stock worth $31,000 after purchasing an additional 5 shares in the last quarter. Hedge funds and other institutional investors own 85.75% of the company's stock.

Wall Street Analyst Weigh In

FICO has been the topic of several research analyst reports. Griffin Securities set a $1,800.00 price target on shares of Fair Isaac in a research note on Monday, August 18th. UBS Group boosted their price target on shares of Fair Isaac from $1,590.00 to $1,640.00 and gave the stock a "neutral" rating in a research note on Monday, September 15th. Jefferies Financial Group reiterated a "buy" rating on shares of Fair Isaac in a research note on Thursday, July 17th. Seaport Res Ptn upgraded shares of Fair Isaac to a "strong-buy" rating in a research note on Wednesday, October 1st. Finally, Zacks Research upgraded shares of Fair Isaac from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, October 7th. Three investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $2,137.43.

Insider Buying and Selling

In related news, CEO William J. Lansing sold 6,011 shares of the company's stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $1,537.50, for a total transaction of $9,241,912.50. Following the transaction, the chief executive officer directly owned 42,138 shares in the company, valued at approximately $64,787,175. This represents a 12.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In the last 90 days, insiders have sold 18,032 shares of company stock worth $28,094,085. Corporate insiders own 3.46% of the company's stock.

Fair Isaac Stock Down 0.4%

Fair Isaac stock opened at $1,614.22 on Friday. The company's 50-day moving average price is $1,533.05 and its 200-day moving average price is $1,689.87. Fair Isaac Corporation has a twelve month low of $1,300.00 and a twelve month high of $2,402.51. The company has a market cap of $38.75 billion, a PE ratio of 63.13, a price-to-earnings-growth ratio of 1.74 and a beta of 1.35.

Fair Isaac (NYSE:FICO - Get Free Report) last posted its earnings results on Wednesday, July 30th. The technology company reported $8.57 earnings per share for the quarter, topping analysts' consensus estimates of $7.75 by $0.82. Fair Isaac had a net margin of 32.80% and a negative return on equity of 48.88%. The firm had revenue of $536.42 million for the quarter, compared to the consensus estimate of $520.40 million. During the same period in the previous year, the firm posted $6.25 EPS. The business's quarterly revenue was up 19.8% on a year-over-year basis. Fair Isaac has set its FY 2025 guidance at 29.150-29.150 EPS. As a group, sell-side analysts expect that Fair Isaac Corporation will post 24.15 earnings per share for the current fiscal year.

Fair Isaac Company Profile

Fair Isaac Corporation develops analytic, software, and digital decisioning technologies and services that enable businesses to automate, enhance, and connect decisions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Scores and Software. The Software segment provides pre-configured analytic and decision management solution designed for various business needs or processes, such as account origination, customer management, customer engagement, fraud detection, financial crimes compliance, and marketing, as well as associated professional services.

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