Bronte Capital Management Pty Ltd. Makes New $2.65 Million Investment in Fair Isaac Corporation $FICO

Key Points

• Bronte Capital purchased a new position of 1,567 shares (~$2.65 million) in Fair Isaac (FICO) during Q4, making it the firm's 24th-largest holding at roughly 0.3% of its portfolio.
• FICO beat quarterly expectations with $12.50 EPS (vs. $11.03 est.) and revenue of $691.7M (up 38.7% year-over-year), and its board authorized a $1.5 billion share buyback (up to ~5.2% of shares).
• Analysts hold a consensus rating of "Moderate Buy" with an average price target of about $1,655, though several firms have recently trimmed targets while the stock trades near $1,067 and has a wide 52-week range.

Bronte Capital Management Pty Ltd. bought a new position in Fair Isaac Corporation (NYSE:FICO - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 1,567 shares of the technology company's stock, valued at approximately $2,649,000. Fair Isaac makes up approximately 0.3% of Bronte Capital Management Pty Ltd.'s investment portfolio, making the stock its 24th biggest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. Physician Wealth Advisors Inc. lifted its stake in Fair Isaac by 166.7% in the 4th quarter. Physician Wealth Advisors Inc. now owns 16 shares of the technology company's stock worth $27,000 after purchasing an additional 10 shares in the last quarter. Meeder Asset Management Inc. lifted its stake in Fair Isaac by 66.7% in the 3rd quarter. Meeder Asset Management Inc. now owns 20 shares of the technology company's stock worth $30,000 after purchasing an additional 8 shares in the last quarter. Root Financial Partners LLC purchased a new stake in Fair Isaac in the 3rd quarter worth approximately $30,000. Cornerstone Planning Group LLC lifted its stake in Fair Isaac by 280.0% in the 3rd quarter. Cornerstone Planning Group LLC now owns 19 shares of the technology company's stock worth $30,000 after purchasing an additional 14 shares in the last quarter. Finally, Torren Management LLC purchased a new stake in Fair Isaac in the 4th quarter worth approximately $30,000. 85.75% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have issued reports on FICO shares. Robert W. Baird set a $1,549.00 target price on shares of Fair Isaac in a research note on Wednesday, April 29th. Wells Fargo & Company lowered their target price on shares of Fair Isaac from $1,650.00 to $1,400.00 and set an "overweight" rating on the stock in a research note on Thursday, April 30th. Jefferies Financial Group decreased their price target on shares of Fair Isaac from $1,800.00 to $1,700.00 and set a "buy" rating on the stock in a report on Monday. Raymond James Financial reissued an "outperform" rating and issued a $1,750.00 price target on shares of Fair Isaac in a report on Wednesday, April 29th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Fair Isaac from $1,325.00 to $1,225.00 and set a "neutral" rating on the stock in a report on Thursday, April 30th. Ten investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $1,655.07.

Fair Isaac Stock Performance

FICO stock opened at $1,067.41 on Wednesday. Fair Isaac Corporation has a 52 week low of $870.01 and a 52 week high of $2,217.60. The firm's fifty day moving average is $1,138.96 and its 200 day moving average is $1,457.47. The firm has a market cap of $24.75 billion, a P/E ratio of 33.81, a P/E/G ratio of 0.94 and a beta of 1.24.

Fair Isaac (NYSE:FICO - Get Free Report) last released its earnings results on Tuesday, April 28th. The technology company reported $12.50 EPS for the quarter, beating the consensus estimate of $11.03 by $1.47. Fair Isaac had a net margin of 33.67% and a negative return on equity of 41.04%. The company had revenue of $691.68 million for the quarter, compared to analyst estimates of $630.21 million. During the same quarter last year, the firm earned $7.81 EPS. The firm's quarterly revenue was up 38.7% compared to the same quarter last year. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. As a group, analysts forecast that Fair Isaac Corporation will post 37.99 EPS for the current year.

Fair Isaac announced that its Board of Directors has authorized a stock buyback plan on Wednesday, February 25th that permits the company to buyback $1.50 billion in shares. This buyback authorization permits the technology company to buy up to 5.2% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's leadership believes its stock is undervalued.

Insider Buying and Selling at Fair Isaac

In other Fair Isaac news, Director Eva Manolis sold 520 shares of the stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $1,227.63, for a total transaction of $638,367.60. Following the completion of the sale, the director owned 344 shares of the company's stock, valued at $422,304.72. This represents a 60.19% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Joanna Rees sold 358 shares of the stock in a transaction on Friday, February 13th. The shares were sold at an average price of $1,360.00, for a total transaction of $486,880.00. Following the sale, the director directly owned 11,204 shares of the company's stock, valued at $15,237,440. The trade was a 3.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 3.02% of the stock is currently owned by company insiders.

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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