Bowie Capital Management LLC Acquires New Position in Fair Isaac Corporation $FICO

Key Points

• Bowie Capital Management acquired 84,458 Fair Isaac shares worth approximately $100.9 million, making FICO its eighth-largest holding and representing about 4.3% of the portfolio.
• Fair Isaac’s latest quarterly results exceeded earnings expectations, with EPS of $12.18 versus the $11.76 consensus, while revenue rose 25.7% year over year to $674.19 million.
• FICO shares opened at $1,147.03, down 1.3%; analysts maintain a “Moderate Buy” consensus with an average price target of $1,553.69, though several firms recently lowered their targets.

Bowie Capital Management LLC acquired a new position in shares of Fair Isaac Corporation (NYSE:FICO - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 84,458 shares of the technology company's stock, valued at approximately $100,909,000. Fair Isaac makes up about 4.3% of Bowie Capital Management LLC's holdings, making the stock its 8th largest position. Bowie Capital Management LLC owned about 0.39% of Fair Isaac as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Allworth Financial LP acquired a new stake in shares of Fair Isaac in the 2nd quarter worth approximately $476,000. B. Metzler seel. Sohn & Co. AG acquired a new position in Fair Isaac during the second quarter worth $1,574,000. Silvant Capital Management LLC acquired a new position in Fair Isaac during the second quarter worth $46,686,000. Vise Technologies Inc. purchased a new stake in Fair Isaac during the second quarter worth $818,000. Finally, E Fund Management Co. Ltd. purchased a new stake in Fair Isaac during the second quarter worth $759,000. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Fair Isaac Trading Down 1.3%

Shares of FICO stock opened at $1,147.03 on Friday. The company has a market capitalization of $24.78 billion, a price-to-earnings ratio of 33.13, a PEG ratio of 1.04 and a beta of 1.30. The firm has a 50-day moving average price of $1,173.27 and a 200 day moving average price of $1,183.74. Fair Isaac Corporation has a twelve month low of $870.01 and a twelve month high of $1,998.01.

Fair Isaac (NYSE:FICO - Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The technology company reported $12.18 EPS for the quarter, topping analysts' consensus estimates 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 period 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, research analysts predict that Fair Isaac Corporation will post 37.37 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on FICO shares. Needham & Company LLC reaffirmed a "buy" rating and set a $1,650.00 price target on shares of Fair Isaac in a research note on Thursday, July 30th. Barclays lowered their price objective on shares of Fair Isaac from $1,950.00 to $1,700.00 and set an "overweight" rating on the stock in a research note on Monday, August 10th. Bank of America cut their target price on shares of Fair Isaac from $1,550.00 to $1,400.00 and set a "buy" rating for the company in a research report on Tuesday, May 19th. Robert W. Baird set a $1,549.00 price target on shares of Fair Isaac in a report on Wednesday, April 29th. Finally, UBS Group lowered their price target on shares of Fair Isaac from $1,200.00 to $1,130.00 and set a "neutral" rating on the stock in a research report on Wednesday, August 12th. Eleven research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Fair Isaac has a consensus rating of "Moderate Buy" and an average target price of $1,553.69.

Insiders Place Their Bets

In other news, Director Eva Manolis sold 967 shares of the firm's stock in a transaction 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 sale, the director owned 498 shares in the company, valued at $697,200. This trade represents a 66.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 3.02% of the company's stock.

About Fair Isaac

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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