Andra AP fonden Has $7.99 Million Stock Holdings in Fair Isaac Corporation $FICO

Key Points

• Andra AP fonden reduced its Fair Isaac stake by 22.3% in the second quarter, selling 1,915 shares and retaining 6,685 shares valued at approximately $7.99 million.
• Institutional investors and hedge funds own 85.75% of FICO, while several major investment firms recently initiated or increased their positions.
• Fair Isaac has a consensus “Moderate Buy” rating with a $1,546 price target, despite shares opening at $915.75 and trading well below their 52-week high of $1,998.01.

Andra AP fonden trimmed its holdings in Fair Isaac Corporation (NYSE:FICO - Free Report) by 22.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,685 shares of the technology company's stock after selling 1,915 shares during the period. Andra AP fonden's holdings in Fair Isaac were worth $7,987,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in FICO. XXEC Inc. bought a new position in shares of Fair Isaac in the second quarter valued at approximately $33,189,000. BlackRock Inc. purchased a new position in shares of Fair Isaac during the second quarter valued at approximately $2,491,517,000. Capital World Investors grew its holdings in Fair Isaac by 10.7% during the fourth quarter. Capital World Investors now owns 894,593 shares of the technology company's stock worth $1,512,417,000 after buying an additional 86,200 shares in the last quarter. Geode Capital Management LLC grew its holdings in Fair Isaac by 1.3% during the fourth quarter. Geode Capital Management LLC now owns 719,120 shares of the technology company's stock worth $1,213,620,000 after buying an additional 8,886 shares in the last quarter. Finally, Capital International Investors grew its holdings in Fair Isaac by 0.8% during the fourth quarter. Capital International Investors now owns 380,750 shares of the technology company's stock worth $643,704,000 after buying an additional 2,867 shares in the last quarter. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

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

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Needham & Company LLC restated a "buy" rating and set a $1,650.00 price objective on shares of Fair Isaac in a research note on Thursday, July 30th. Jefferies Financial Group set a $1,675.00 target price on shares of Fair Isaac in a research note on Monday, August 3rd. UBS Group lowered their target price on shares of Fair Isaac from $1,200.00 to $1,130.00 and set a "neutral" rating for the company in a report on Wednesday, August 12th. Royal Bank Of Canada dropped their price target on shares of Fair Isaac from $2,400.00 to $1,525.00 and set an "outperform" rating on the stock in a research report on Thursday, July 30th. Finally, Weiss Ratings lowered shares of Fair Isaac from a "hold (c)" rating to a "hold (c-)" rating in a research report on Monday, September 14th. Eleven equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $1,546.00.

Fair Isaac Trading Down 0.9%

Shares of NYSE FICO opened at $915.75 on Wednesday. The stock has a fifty day simple moving average of $1,100.19 and a two-hundred day simple moving average of $1,130.59. Fair Isaac Corporation has a 1-year low of $870.01 and a 1-year high of $1,998.01. The firm has a market cap of $19.78 billion, a price-to-earnings ratio of 26.45, a price-to-earnings-growth ratio of 0.83 and a beta of 1.32.

Fair Isaac (NYSE:FICO - Get Free Report) last issued its earnings results on Wednesday, July 29th. The technology company reported $12.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $11.76 by $0.42. The firm had revenue of $674.19 million for the quarter, compared to analyst estimates of $679.17 million. Fair Isaac had a negative return on equity of 32.51% and a net margin of 34.05%.The business's revenue was up 25.7% on a year-over-year basis. During the same period in the previous year, the company posted $8.57 earnings per share. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. Analysts forecast that Fair Isaac Corporation will post 37.2 EPS for the current year.

Fair Isaac Profile

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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