Counterpoint Mutual Funds LLC Takes Position in Fair Isaac Corporation $FICO

Key Points

• Counterpoint Mutual Funds LLC has acquired a new stake in Fair Isaac Corporation (NYSE:FICO), purchasing 192 shares valued at approximately $351,000 during the 2nd quarter.
• Insider trading activity revealed that CEO William J. Lansing sold 6,011 shares worth over $9.2 million, representing a 12.48% decrease in his ownership position.
• Fair Isaac reported strong quarterly earnings with a net margin of 32.80%, surpassing analysts' expectations by posting $8.57 earnings per share compared to estimates of $7.75.

Counterpoint Mutual Funds LLC purchased a new stake in Fair Isaac Corporation (NYSE:FICO - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 192 shares of the technology company's stock, valued at approximately $351,000.

Other large investors have also modified their holdings of the company. CWA Asset Management Group LLC grew its position in shares of Fair Isaac by 15.1% in the first quarter. CWA Asset Management Group LLC now owns 145 shares of the technology company's stock valued at $267,000 after purchasing an additional 19 shares during the last quarter. QRG Capital Management Inc. grew its position in shares of Fair Isaac by 4.5% in the first quarter. QRG Capital Management Inc. now owns 395 shares of the technology company's stock valued at $728,000 after purchasing an additional 17 shares during the last quarter. Brighton Jones LLC grew its position in shares of Fair Isaac by 168.7% in the fourth quarter. Brighton Jones LLC now owns 481 shares of the technology company's stock valued at $958,000 after purchasing an additional 302 shares during the last quarter. GAMMA Investing LLC grew its position in shares of Fair Isaac by 55.6% in the first quarter. GAMMA Investing LLC now owns 140 shares of the technology company's stock valued at $258,000 after purchasing an additional 50 shares during the last quarter. Finally, Geo Capital Gestora de Recursos Ltd acquired a new stake in shares of Fair Isaac in the first quarter valued at approximately $28,000. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Fair Isaac

In other news, CEO William J. Lansing sold 6,011 shares of the firm's stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $1,537.50, for a total value of $9,241,912.50. Following the transaction, the chief executive officer owned 42,138 shares of the company's stock, valued at approximately $64,787,175. This trade represents a 12.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Over the last quarter, insiders have sold 18,032 shares of company stock valued at $28,153,015. Company insiders own 3.46% of the company's stock.

Fair Isaac Stock Up 0.7%

NYSE:FICO opened at $1,545.52 on Thursday. The company has a market cap of $37.09 billion, a P/E ratio of 60.44, a P/E/G ratio of 2.99 and a beta of 1.35. Fair Isaac Corporation has a fifty-two week low of $1,300.00 and a fifty-two week high of $2,402.51. The firm's 50 day moving average is $1,465.96 and its two-hundred day moving average is $1,711.26.

Fair Isaac (NYSE:FICO - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The technology company reported $8.57 earnings per share for the quarter, topping analysts' consensus estimates of $7.75 by $0.82. The company had revenue of $536.42 million for the quarter, compared to the consensus estimate of $520.40 million. Fair Isaac had a net margin of 32.80% and a negative return on equity of 48.88%. Fair Isaac's revenue was up 19.8% on a year-over-year basis. During the same quarter last year, the firm posted $6.25 earnings per share. Fair Isaac has set its FY 2025 guidance at 29.150-29.150 EPS. Research analysts forecast 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 approved a share buyback plan on Thursday, June 19th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the technology company to reacquire up to 2.3% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's management believes its stock is undervalued.

Analysts Set New Price Targets

FICO has been the topic of a number of analyst reports. Robert W. Baird upgraded shares of Fair Isaac from a "neutral" rating to an "outperform" rating and decreased their target price for the stock from $2,021.00 to $1,900.00 in a research report on Wednesday, May 28th. Raymond James Financial decreased their target price on shares of Fair Isaac from $2,230.00 to $1,800.00 and set an "outperform" rating on the stock in a research report on Thursday, July 31st. Oppenheimer decreased their target price on shares of Fair Isaac from $2,300.00 to $1,953.00 and set an "outperform" rating on the stock in a research report on Thursday, July 31st. Jefferies Financial Group restated a "buy" rating on shares of Fair Isaac in a research report on Thursday, July 17th. Finally, Griffin Securities set a $1,800.00 target price on shares of Fair Isaac in a research report on Monday, August 18th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $2,101.71.

Fair Isaac Profile

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.

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