Canada Pension Plan Investment Board Invests $1.74 Million in Fair Isaac Corporation $FICO

Key Points

• Canada Pension Plan Investment Board initiated a $1.74 million position in Fair Isaac, purchasing 1,454 shares in the second quarter. Institutional investors now own approximately 85.75% of FICO’s outstanding stock.
• Analysts maintain a generally positive outlook, with 11 Buy ratings and five Hold ratings. Fair Isaac has a “Moderate Buy” consensus rating and an average price target of $1,553.69.
• FICO’s latest quarterly earnings exceeded expectations, with EPS of $12.18 versus the $11.76 consensus and revenue up 25.7% year over year. Director Eva Manolis separately sold 967 shares for approximately $1.35 million under a Rule 10b5-1 trading plan.

Canada Pension Plan Investment Board purchased a new position in shares of Fair Isaac Corporation (NYSE:FICO - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,454 shares of the technology company's stock, valued at approximately $1,737,000.

Several other hedge funds also recently added to or reduced their stakes in FICO. Osterweis Capital Management Inc. purchased a new stake in Fair Isaac in the 2nd quarter worth about $1,544,000. Legal & General Group Plc purchased a new position in shares of Fair Isaac during the second quarter valued at approximately $173,157,000. The Manufacturers Life Insurance Company bought a new position in shares of Fair Isaac during the second quarter valued at approximately $13,838,000. Cibc World Market Inc. bought a new position in shares of Fair Isaac during the second quarter valued at approximately $510,000. Finally, Blue Whale Capital LLP purchased a new stake in shares of Fair Isaac in the second quarter worth approximately $37,809,000. 85.75% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on FICO. Weiss Ratings lowered Fair Isaac from a "hold (c)" rating to a "hold (c-)" rating in a research note on Thursday, July 30th. Needham & Company LLC restated a "buy" rating and issued a $1,650.00 price target on shares of Fair Isaac in a report on Thursday, July 30th. Jefferies Financial Group set a $1,675.00 price target on shares of Fair Isaac in a research note on Monday, August 3rd. Wall Street Zen downgraded shares of Fair Isaac from a "buy" rating to a "hold" rating in a research note on Sunday, June 28th. Finally, Bank of America decreased their price objective on shares of Fair Isaac from $1,550.00 to $1,400.00 and set a "buy" rating for the company in a report on Tuesday, May 19th. Eleven investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, Fair Isaac has an average rating of "Moderate Buy" and an average price target of $1,553.69.

Insider Activity at Fair Isaac

In other news, Director Eva Manolis sold 967 shares of the company's stock in a transaction that occurred 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 completion of the sale, the director owned 498 shares of the company's stock, valued at approximately $697,200. This represents a 66.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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%

Shares of Fair Isaac stock opened at $1,154.38 on Monday. The firm has a market cap of $24.93 billion, a P/E ratio of 33.34, a P/E/G ratio of 1.04 and a beta of 1.30. Fair Isaac Corporation has a 12 month low of $870.01 and a 12 month high of $1,998.01. The stock's fifty day moving average price is $1,174.41 and its 200-day moving average price is $1,174.19.

Fair Isaac (NYSE:FICO - Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The technology company reported $12.18 earnings per share for the quarter, beating the consensus estimate of $11.76 by $0.42. Fair Isaac had a negative return on equity of 32.51% and a net margin of 34.05%.The firm had revenue of $674.19 million during the quarter, compared to the consensus estimate of $679.17 million. During the same period in the previous year, the company posted $8.57 earnings per share. The firm's quarterly revenue was up 25.7% on a year-over-year basis. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. Analysts forecast 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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