Bamco Inc. NY Invests $35.54 Million in Fair Isaac Corporation $FICO

Key Points

• Bamco Inc. NY acquired a new $35.54 million stake in Fair Isaac during the second quarter, purchasing 29,748 shares and owning approximately 0.14% of the company. Institutional investors collectively hold 85.75% of FICO’s shares.
• Analysts maintain a generally positive outlook, with 11 Buy ratings and five Holds, producing a “Moderate Buy” consensus and an average price target of $1,553.69. However, Royal Bank of Canada sharply reduced its target from $2,400 to $1,525.
• Fair Isaac’s latest quarterly results exceeded earnings expectations, reporting $12.18 in EPS versus a $11.76 consensus estimate, while revenue rose 25.7% year over year to $674.19 million. The stock opened at $1,132.75, well below its 52-week high of $1,998.01.

Bamco Inc. NY bought a new stake in Fair Isaac Corporation (NYSE:FICO - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 29,748 shares of the technology company's stock, valued at approximately $35,542,000. Bamco Inc. NY owned 0.14% of Fair Isaac at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Great Lakes Advisors LLC increased its holdings in Fair Isaac by 5.7% during the 1st quarter. Great Lakes Advisors LLC now owns 112 shares of the technology company's stock worth $207,000 after purchasing an additional 6 shares during the period. San Luis Wealth Advisors LLC grew its position in shares of Fair Isaac by 2.8% during the 3rd quarter. San Luis Wealth Advisors LLC now owns 253 shares of the technology company's stock worth $379,000 after buying an additional 7 shares in the last quarter. Interchange Capital Partners LLC increased its stake in shares of Fair Isaac by 1.0% during the fourth quarter. Interchange Capital Partners LLC now owns 812 shares of the technology company's stock valued at $1,373,000 after buying an additional 8 shares during the period. Pinnacle Wealth Management Advisory Group LLC raised its holdings in shares of Fair Isaac by 4.9% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 172 shares of the technology company's stock valued at $291,000 after acquiring an additional 8 shares in the last quarter. Finally, Pinnacle Associates Ltd. raised its holdings in shares of Fair Isaac by 4.9% in the fourth quarter. Pinnacle Associates Ltd. now owns 172 shares of the technology company's stock valued at $291,000 after acquiring an additional 8 shares in the last quarter. Hedge funds and other institutional investors own 85.75% of the company's stock.

Insider Activity at Fair Isaac

In related 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 transaction, the director directly owned 498 shares in the company, valued at $697,200. This trade represents a 66.01% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 3.02% of the company's stock.

Analysts Set New Price Targets

FICO has been the topic of several recent research reports. Weiss Ratings cut shares of Fair Isaac from a "hold (c)" rating to a "hold (c-)" rating in a report on Thursday, July 30th. Needham & Company LLC reaffirmed a "buy" rating and issued a $1,650.00 price target on shares of Fair Isaac in a research report on Thursday, July 30th. Jefferies Financial Group set a $1,675.00 price objective on shares of Fair Isaac in a research note on Monday, August 3rd. 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. Finally, Robert W. Baird set a $1,549.00 price target on shares of Fair Isaac in a research report on Wednesday, April 29th. Eleven research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, Fair Isaac has an average rating of "Moderate Buy" and an average target price of $1,553.69.

Fair Isaac Stock Down 0.4%

Shares of Fair Isaac stock opened at $1,132.75 on Thursday. The firm has a market cap of $24.47 billion, a PE ratio of 32.72, a price-to-earnings-growth ratio of 1.02 and a beta of 1.30. The business's fifty day simple moving average is $1,172.07 and its 200-day simple moving average is $1,177.39. Fair Isaac Corporation has a 52 week low of $870.01 and a 52 week high of $1,998.01.

Fair Isaac (NYSE:FICO - Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The technology company reported $12.18 EPS for the quarter, topping the consensus estimate of $11.76 by $0.42. The business had revenue of $674.19 million during the quarter, compared to the consensus estimate of $679.17 million. Fair Isaac had a net margin of 34.05% and a negative return on equity of 32.51%. The company's quarterly revenue was up 25.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $8.57 earnings per share. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. As a group, equities analysts expect that Fair Isaac Corporation will post 37.37 earnings per share for the current year.

Fair Isaac Company Profile

Fair Isaac Corporation, commonly known as FICO, is a data analytics and software company best known for its FICO Score, a widely used credit-scoring system that helps lenders assess consumer credit risk. Founded in 1956 by Bill Fair and Earl Isaac, the company has evolved from its origins in statistical credit scoring to a broader focus on predictive analytics, decision management and artificial intelligence-driven solutions for financial services and other industries. FICO is headquartered in San Jose, California, and operates globally, serving clients across North America, Latin America, Europe, the Middle East, Africa and the Asia-Pacific region.

FICO's product portfolio centers on analytics and decisioning technologies.

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