Amundi Increases Stock Holdings in Fair Isaac Corporation $FICO

Key Points

• Amundi increased its Fair Isaac stake by 29.1% in the second quarter, bringing its holdings to 78,880 shares valued at approximately $94.2 million. Institutional investors collectively own 85.75% of FICO.
• Analyst sentiment remains positive, with 11 Buy ratings and five Holds producing a consensus “Moderate Buy” rating and an average price target of $1,553.69, despite several analysts recently lowering targets.
• Fair Isaac’s latest quarterly results exceeded expectations on earnings, reporting $12.18 in EPS versus $11.76 expected, while revenue rose 25.7% year over year to $674.19 million but fell slightly short of estimates.

Amundi raised its position in shares of Fair Isaac Corporation (NYSE:FICO - Free Report) by 29.1% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 78,880 shares of the technology company's stock after purchasing an additional 17,762 shares during the quarter. Amundi owned 0.37% of Fair Isaac worth $94,244,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in FICO. Bayban purchased a new position in shares of Fair Isaac in the fourth quarter worth approximately $25,000. Western Wealth Management LLC bought a new stake in shares of Fair Isaac during the 1st quarter valued at $29,000. Keating Financial Advisory Services Inc. purchased a new stake in shares of Fair Isaac in the 2nd quarter worth $30,000. Elyxium Wealth LLC purchased a new stake in shares of Fair Isaac in the 4th quarter worth $42,000. Finally, Rakuten Securities Inc. raised its holdings in Fair Isaac by 100.0% in the 2nd quarter. Rakuten Securities Inc. now owns 24 shares of the technology company's stock worth $44,000 after purchasing an additional 12 shares during the period. Hedge funds and other institutional investors own 85.75% of the company's stock.

Analyst Ratings Changes

Several analysts have issued reports on the company. Wall Street Zen lowered Fair Isaac from a "buy" rating to a "hold" rating in a report on Sunday, June 28th. Needham & Company LLC reaffirmed a "buy" rating and set a $1,650.00 price objective on shares of Fair Isaac in a research report on Thursday, July 30th. Wells Fargo & Company increased their target price 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. Bank of America lowered their price target on shares of Fair Isaac from $1,550.00 to $1,400.00 and set a "buy" rating on the stock in a report on Tuesday, May 19th. Finally, Royal Bank Of Canada reduced their price objective on shares of Fair Isaac from $2,400.00 to $1,525.00 and set an "outperform" rating for the company in a research note on Thursday, July 30th. Eleven investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, Fair Isaac presently has a consensus rating of "Moderate Buy" and an average target price of $1,553.69.

Fair Isaac Trading Up 5.3%

NYSE FICO opened at $983.07 on Thursday. Fair Isaac Corporation has a 12 month low of $870.01 and a 12 month high of $1,998.01. The stock has a market cap of $21.23 billion, a PE ratio of 28.40, a P/E/G ratio of 0.84 and a beta of 1.32. The stock's 50 day moving average is $1,154.68 and its 200 day moving average is $1,155.92.

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

Insiders Place Their Bets

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

About Fair Isaac

Fair Isaac Corp. NYSE: FICO, commonly known as FICO, is an analytics and decision-management software company best known for developing the FICO Score. The company's scoring and predictive analytics products help lenders and other businesses evaluate credit risk, manage customer relationships and make data-driven decisions.

FICO provides software and services for a range of industries, including banking, insurance, telecommunications, retail and government. Its offerings include credit scoring solutions, fraud detection and prevention tools, customer engagement platforms, marketing analytics, and decision automation software designed to help organizations manage risk and improve operational efficiency.

The company was founded in 1956 by Bill Fair and Earl Isaac and originally operated as Fair, Isaac and Company.

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