Beacon Pointe Advisors LLC Takes Position in Fair Isaac Corporation $FICO

Key Points

• Beacon Pointe Advisors purchased 1,035 shares of Fair Isaac worth approximately $1.24 million, while institutional investors collectively own 85.75% of FICO’s outstanding stock.
• Analysts maintain a generally positive outlook, with 11 Buy ratings and five Hold ratings producing a consensus “Moderate Buy” rating and an average price target of $1,553.69.
• Fair Isaac reported quarterly EPS of $12.18, beating estimates of $11.76, while revenue rose 25.7% year over year to $674.19 million; however, director Eva Manolis sold 967 shares under a pre-arranged trading plan.

Beacon Pointe Advisors LLC bought a new stake in Fair Isaac Corporation (NYSE:FICO - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 1,035 shares of the technology company's stock, valued at approximately $1,237,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FICO. Great Lakes Advisors LLC increased its stake 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 buying an additional 6 shares during the period. San Luis Wealth Advisors LLC grew its stake in shares of Fair Isaac by 2.8% in the third quarter. San Luis Wealth Advisors LLC now owns 253 shares of the technology company's stock worth $379,000 after acquiring an additional 7 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC grew its stake 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 worth $291,000 after acquiring an additional 8 shares in the last quarter. Pinnacle Associates Ltd. raised its stake 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. Finally, Canopy Partners LLC raised its stake in shares of Fair Isaac by 2.3% in the fourth quarter. Canopy Partners LLC now owns 363 shares of the technology company's stock valued at $614,000 after acquiring an additional 8 shares in the last quarter. Hedge funds and other institutional investors own 85.75% of the company's stock.

Wall Street Analysts Forecast Growth

FICO has been the topic of a number of analyst reports. 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. UBS Group decreased their price objective on Fair Isaac from $1,200.00 to $1,130.00 and set a "neutral" rating for the company in a research note on Wednesday, August 12th. Barclays lowered their price objective on Fair Isaac from $1,950.00 to $1,700.00 and set an "overweight" rating for the company in a research report on Monday, August 10th. Jefferies Financial Group set a $1,675.00 target price on shares of Fair Isaac in a report on Monday, August 3rd. Finally, Wall Street Zen cut shares of Fair Isaac from a "buy" rating to a "hold" rating in a report on Sunday, June 28th. Eleven equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $1,553.69.

Insider Transactions at Fair Isaac

In other Fair Isaac news, Director Eva Manolis sold 967 shares of the business's stock in a transaction that occurred on 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 transaction, the director owned 498 shares in the company, valued at approximately $697,200. The trade was a 66.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 3.02% of the company's stock.

Fair Isaac Trading Up 0.1%

FICO stock opened at $1,154.38 on Monday. The stock has a market cap of $24.93 billion, a P/E ratio of 33.34, a PEG ratio of 1.04 and a beta of 1.30. Fair Isaac Corporation has a twelve month low of $870.01 and a twelve month high of $1,998.01. The company's 50 day moving average is $1,174.41 and its two-hundred day moving average is $1,174.19.

Fair Isaac (NYSE:FICO - Get Free Report) last announced its earnings results 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. The firm had revenue of $674.19 million during the quarter, compared to analysts' expectations 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 prior year, the firm earned $8.57 EPS. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. On average, equities research analysts predict 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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