Asset Management One Co. Ltd. Increases Holdings in Fair Isaac Corporation $FICO

Key Points

• Asset Management One Co. Ltd. increased its holdings in Fair Isaac Corporation by 2.7%, owning 16,805 shares valued at approximately $30.7 million as of the latest SEC filing.
• Brighton Jones LLC significantly raised its position in Fair Isaac by 168.7%, while various institutional investors collectively own around 85.75% of the company's stock.
• Fair Isaac's stock recently opened at $1,664.53 and reported strong earnings, with $8.57 EPS for the last quarter, exceeding analyst expectations.

Asset Management One Co. Ltd. grew its holdings in shares of Fair Isaac Corporation (NYSE:FICO - Free Report) by 2.7% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,805 shares of the technology company's stock after buying an additional 447 shares during the period. Asset Management One Co. Ltd. owned 0.07% of Fair Isaac worth $30,719,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. Brighton Jones LLC lifted its holdings in shares of Fair Isaac by 168.7% in the 4th quarter. Brighton Jones LLC now owns 481 shares of the technology company's stock valued at $958,000 after purchasing an additional 302 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of Fair Isaac by 55.6% in the 1st quarter. GAMMA Investing LLC now owns 140 shares of the technology company's stock valued at $258,000 after purchasing an additional 50 shares during the last quarter. Geo Capital Gestora de Recursos Ltd purchased a new stake in shares of Fair Isaac in the 1st quarter valued at about $28,000. Nordea Investment Management AB lifted its holdings in shares of Fair Isaac by 1.7% in the 2nd quarter. Nordea Investment Management AB now owns 28,240 shares of the technology company's stock valued at $51,214,000 after purchasing an additional 467 shares during the last quarter. Finally, Fifth Third Bancorp lifted its holdings in shares of Fair Isaac by 5.4% in the 2nd quarter. Fifth Third Bancorp now owns 413 shares of the technology company's stock valued at $755,000 after purchasing an additional 21 shares during the last quarter. 85.75% of the stock is owned by hedge funds and other institutional investors.

Fair Isaac Trading Up 3.0%

Shares of FICO opened at $1,664.53 on Friday. The firm has a market capitalization of $39.96 billion, a P/E ratio of 65.10, a price-to-earnings-growth ratio of 1.68 and a beta of 1.35. The stock's fifty day simple moving average is $1,561.44 and its 200 day simple moving average is $1,686.38. Fair Isaac Corporation has a twelve month low of $1,300.00 and a twelve month high of $2,402.51.

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

Insider Buying and Selling at Fair Isaac

In related news, CEO William J. Lansing sold 6,011 shares of the stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $1,537.50, for a total value of $9,241,912.50. Following the transaction, the chief executive officer directly owned 42,138 shares of the company's stock, valued at approximately $64,787,175. This trade represents a 12.48% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Over the last 90 days, insiders sold 18,032 shares of company stock valued at $28,094,085. Company insiders own 3.46% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on FICO. Zacks Research raised Fair Isaac from a "hold" rating to a "strong-buy" rating in a report on Tuesday, October 7th. Jefferies Financial Group reissued a "buy" rating on shares of Fair Isaac in a report on Thursday, July 17th. Needham & Company LLC reaffirmed a "buy" rating and set a $1,950.00 price objective on shares of Fair Isaac in a research note on Thursday, October 2nd. UBS Group upped their price objective on Fair Isaac from $1,590.00 to $1,640.00 and gave the company a "neutral" rating in a research note on Monday, September 15th. Finally, Raymond James Financial reduced their price objective on Fair Isaac from $2,230.00 to $1,800.00 and set an "outperform" rating for the company in a research note on Thursday, July 31st. Three investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Fair Isaac has an average rating of "Moderate Buy" and a consensus price target of $2,137.43.

Fair Isaac 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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