Arlington Financial Advisors LLC Sells 227 Shares of Fair Isaac Corporation $FICO

Key Points

• Arlington Financial Advisors LLC reduced its stake in Fair Isaac Corporation by 50.2%, now holding only 225 shares worth $411,000 after selling 227 shares.
• CEO William J. Lansing sold 6,011 shares at an average price of $1,537.50, resulting in a 12.48% decrease in his ownership position.
• Fair Isaac Corporation has implemented a $1 billion stock repurchase plan, indicating the board's belief that the company's shares are undervalued.

Arlington Financial Advisors LLC decreased its holdings in Fair Isaac Corporation (NYSE:FICO - Free Report) by 50.2% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 225 shares of the technology company's stock after selling 227 shares during the period. Arlington Financial Advisors LLC's holdings in Fair Isaac were worth $411,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Brighton Jones LLC increased its holdings in Fair Isaac by 168.7% in the 4th quarter. Brighton Jones LLC now owns 481 shares of the technology company's stock worth $958,000 after purchasing an additional 302 shares in the last quarter. GAMMA Investing LLC increased its holdings in Fair Isaac by 55.6% in the 1st quarter. GAMMA Investing LLC now owns 140 shares of the technology company's stock worth $258,000 after purchasing an additional 50 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in Fair Isaac by 207.8% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 5,085 shares of the technology company's stock worth $9,378,000 after purchasing an additional 3,433 shares in the last quarter. Exchange Traded Concepts LLC increased its holdings in Fair Isaac by 28.1% in the 1st quarter. Exchange Traded Concepts LLC now owns 1,619 shares of the technology company's stock worth $2,986,000 after purchasing an additional 355 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its holdings in Fair Isaac by 10.6% in the 1st quarter. Janney Montgomery Scott LLC now owns 4,124 shares of the technology company's stock worth $7,605,000 after purchasing an additional 395 shares in the last quarter. Institutional investors own 85.75% of the company's stock.

Insider Activity at Fair Isaac

In related news, CEO William J. Lansing sold 6,011 shares of the company's stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $1,537.50, for a total transaction of $9,241,912.50. Following the sale, the chief executive officer owned 42,138 shares in the company, valued at $64,787,175. This represents a 12.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 3.46% of the stock is currently owned by insiders.

Fair Isaac Stock Performance

Fair Isaac stock opened at $1,647.35 on Wednesday. Fair Isaac Corporation has a 52-week low of $1,300.00 and a 52-week high of $2,402.51. The firm has a 50 day moving average price of $1,516.53 and a two-hundred day moving average price of $1,694.93. The firm has a market cap of $39.54 billion, a price-to-earnings ratio of 64.43, a PEG ratio of 1.77 and a beta of 1.35.

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

Fair Isaac announced that its Board of Directors has approved a stock repurchase plan on Thursday, June 19th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the technology company to reacquire up to 2.3% of its stock through open market purchases. Stock buyback plans are often an indication that the company's board of directors believes its shares are undervalued.

Analyst Ratings Changes

A number of brokerages have issued reports on FICO. Raymond James Financial lowered their target price on Fair Isaac from $2,230.00 to $1,800.00 and set an "outperform" rating for the company in a report on Thursday, July 31st. Zacks Research raised Fair Isaac from a "hold" rating to a "strong-buy" rating in a report on Tuesday, October 7th. Needham & Company LLC reaffirmed a "buy" rating and issued a $1,950.00 target price on shares of Fair Isaac in a report on Thursday, October 2nd. Griffin Securities set a $1,800.00 price target on Fair Isaac in a research note on Monday, August 18th. Finally, Jefferies Financial Group reissued a "buy" rating on shares of Fair Isaac in a research note on Thursday, July 17th. Three research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat, Fair Isaac currently has an average rating of "Moderate Buy" and an average price target of $2,137.43.

About Fair Isaac

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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