Danske Bank A S Invests $14.55 Million in Fair Isaac Corporation $FICO

Key Points

• Danske Bank acquired 12,178 Fair Isaac shares worth approximately $14.55 million in the second quarter, while institutional investors collectively own 85.75% of FICO.
• Analysts maintain a generally positive outlook, with 11 Buy ratings and five Holds, producing a consensus “Moderate Buy” rating and an average price target of $1,553.69.
• Fair Isaac reported quarterly EPS of $12.18, beating estimates, while revenue rose 25.7% year over year to $674.19 million, slightly below expectations.

Danske Bank A S purchased a new stake in shares of Fair Isaac Corporation (NYSE:FICO - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 12,178 shares of the technology company's stock, valued at approximately $14,550,000. Danske Bank A S owned approximately 0.06% of Fair Isaac at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. boosted its holdings in Fair Isaac by 480,776.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,327,664 shares of the technology company's stock worth $5,625,815,000 after purchasing an additional 3,326,972 shares during the period. BlackRock Inc. acquired a new stake in shares of Fair Isaac during the second quarter worth $2,491,517,000. Capital Research Global Investors bought a new position in shares of Fair Isaac in the 4th quarter worth about $516,615,000. Norges Bank bought a new position in shares of Fair Isaac in the 4th quarter worth about $490,209,000. Finally, Bank of New York Mellon Corp acquired a new position in shares of Fair Isaac in the 2nd quarter valued at about $152,357,000. 85.75% of the stock is currently owned by institutional investors.

Insider Transactions at Fair Isaac

In related news, Director Eva Manolis sold 967 shares of the firm's stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $1,400.00, for a total value of $1,353,800.00. Following the sale, the director directly owned 498 shares in the company, valued at $697,200. This trade represents a 66.01% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.02% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on FICO. Jefferies Financial Group set a $1,675.00 price objective on shares of Fair Isaac in a research report on Monday, August 3rd. Robert W. Baird set a $1,549.00 target price on Fair Isaac in a research note on Wednesday, April 29th. Raymond James Financial reaffirmed an "outperform" rating and set a $1,750.00 target price on shares of Fair Isaac in a report on Wednesday, April 29th. Barclays cut their price target on Fair Isaac from $1,950.00 to $1,700.00 and set an "overweight" rating on the stock in a report on Monday, August 10th. Finally, Wells Fargo & Company boosted their price objective on Fair Isaac from $1,400.00 to $1,450.00 and gave the company an "overweight" rating in a research report on Thursday, July 30th. Eleven research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $1,553.69.

Fair Isaac Stock Down 1.3%

Fair Isaac stock opened at $1,147.03 on Friday. Fair Isaac Corporation has a 52-week low of $870.01 and a 52-week high of $1,998.01. The firm 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 two-hundred day moving average price of $1,183.74.

Fair Isaac (NYSE:FICO - Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The technology company reported $12.18 EPS for the quarter, beating the consensus estimate of $11.76 by $0.42. The company had revenue of $674.19 million for the quarter, compared to analyst estimates of $679.17 million. Fair Isaac had a net margin of 34.05% and a negative return on equity of 32.51%. Fair Isaac's revenue was up 25.7% compared to the same quarter last year. During the same quarter last year, the business earned $8.57 earnings per share. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. Research analysts expect that Fair Isaac Corporation will post 37.37 earnings per share for the current year.

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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