Capital Fund Management S.A. Invests $25.22 Million in Fair Isaac Corporation $FICO

Key Points

• Capital Fund Management S.A. acquired 13,673 shares of Fair Isaac Corporation (NYSE:FICO), valued at approximately $25.2 million, constituting about 0.06% of the company's total stock.
• Several hedge funds have adjusted their stakes in Fair Isaac, with institutional investors now owning 85.75% of the company, reflecting significant interest from the investment community.
• Fair Isaac reported earnings of $8.57 per share for the most recent quarter, exceeding analysts' expectations, and has authorized a $1 billion stock repurchase program signaling confidence in its stock value.

Capital Fund Management S.A. purchased a new position in Fair Isaac Corporation (NYSE:FICO - Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 13,673 shares of the technology company's stock, valued at approximately $25,215,000. Capital Fund Management S.A. owned about 0.06% of Fair Isaac as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the company. Banco Bilbao Vizcaya Argentaria S.A. lifted its stake in Fair Isaac by 3.3% in the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 9,080 shares of the technology company's stock worth $16,745,000 after acquiring an additional 291 shares during the last quarter. Groupama Asset Managment lifted its position in shares of Fair Isaac by 8.5% during the 1st quarter. Groupama Asset Managment now owns 1,162 shares of the technology company's stock worth $2,133,000 after buying an additional 91 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its position in shares of Fair Isaac by 24.6% during the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 4,287 shares of the technology company's stock worth $7,904,000 after buying an additional 847 shares during the last quarter. Financial Advisors Network Inc. purchased a new stake in shares of Fair Isaac during the 1st quarter worth approximately $3,443,000. Finally, Korea Investment CORP lifted its position in shares of Fair Isaac by 30.3% during the 1st quarter. Korea Investment CORP now owns 19,816 shares of the technology company's stock worth $36,544,000 after buying an additional 4,609 shares during the last quarter. Hedge funds and other institutional investors own 85.75% of the company's stock.

Fair Isaac Trading Up 3.7%

Shares of Fair Isaac stock traded up $50.8630 during trading on Friday, reaching $1,412.5830. The company's stock had a trading volume of 275,337 shares, compared to its average volume of 362,827. The company has a 50-day moving average price of $1,574.19 and a two-hundred day moving average price of $1,758.25. The firm has a market cap of $33.90 billion, a PE ratio of 55.24, a P/E/G ratio of 2.65 and a beta of 1.28. Fair Isaac Corporation has a fifty-two week low of $1,300.00 and a fifty-two week high of $2,402.51.

Fair Isaac (NYSE:FICO - Get Free Report) last announced its earnings results on Wednesday, July 30th. The technology company reported $8.57 EPS for the quarter, beating analysts' consensus estimates of $7.75 by $0.82. The business had revenue of $536.42 million for the quarter, compared to analysts' expectations of $520.40 million. Fair Isaac had a net margin of 32.80% and a negative return on equity of 48.88%. The company's quarterly revenue was up 19.8% on a year-over-year basis. During the same period in the previous year, the company posted $6.25 EPS. Fair Isaac has set its FY 2025 guidance at 29.150-29.150 EPS. On average, analysts predict that Fair Isaac Corporation will post 24.15 earnings per share for the current fiscal year.

Fair Isaac declared that its Board of Directors has initiated a stock repurchase plan on Thursday, June 19th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the technology company to repurchase up to 2.3% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's board believes its stock is undervalued.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Robert W. Baird upgraded shares of Fair Isaac from a "neutral" rating to an "outperform" rating and reduced their price objective for the stock from $2,021.00 to $1,900.00 in a research report on Wednesday, May 28th. Oppenheimer reduced their price objective on shares of Fair Isaac from $2,300.00 to $1,953.00 and set an "outperform" rating for the company in a research report on Thursday, July 31st. Barclays reduced their price objective on shares of Fair Isaac from $2,250.00 to $2,000.00 and set an "overweight" rating for the company in a research report on Wednesday, July 9th. Griffin Securities set a $1,800.00 price objective on shares of Fair Isaac in a research report on Monday, August 18th. Finally, Raymond James Financial reduced their price objective on shares of Fair Isaac from $2,230.00 to $1,800.00 and set an "outperform" rating for the company in a research report on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $2,134.57.

Insider Buying and Selling at Fair Isaac

In other Fair Isaac news, CEO William J. Lansing sold 6,010 shares of the business's stock in a transaction on Tuesday, June 10th. The shares were sold at an average price of $1,767.82, for a total value of $10,624,598.20. Following the transaction, the chief executive officer directly owned 42,138 shares of the company's stock, valued at approximately $74,492,399.16. The trade was a 12.48% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Steven P. Weber sold 1,000 shares of the business's stock in a transaction on Monday, June 9th. The shares were sold at an average price of $1,738.25, for a total transaction of $1,738,250.00. Following the completion of the transaction, the chief financial officer directly owned 1,862 shares in the company, valued at $3,236,621.50. This represents a 34.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 13,021 shares of company stock worth $22,247,892 over the last three months. 3.46% of the stock is currently owned by corporate insiders.

About Fair Isaac

Fair Isaac Corporation develops analytic, software, and digital decisioning technologies and services that enable businesses to automate, enhance, and connect decisions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Scores and Software. The Software segment provides pre-configured analytic and decision management solution designed for various business needs or processes, such as account origination, customer management, customer engagement, fraud detection, financial crimes compliance, and marketing, as well as associated professional services.