Deutsche Bank AG Buys New Position in Fair Isaac Corporation $FICO

Key Points

• Deutsche Bank initiated a sizable position in Fair Isaac during the second quarter, purchasing 94,907 shares valued at approximately $113.4 million, or 0.44% of the company.
• Institutional ownership stands at 85.75% after several other investment firms also added new positions. Analysts maintain a “Moderate Buy” consensus, with an average price target of $1,553.69.
• Fair Isaac reported quarterly EPS of $12.18, beating estimates of $11.76, while revenue rose 25.7% year over year to $674.19 million, slightly below expectations.

Deutsche Bank AG bought a new stake in shares of Fair Isaac Corporation (NYSE:FICO - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 94,907 shares of the technology company's stock, valued at approximately $113,393,000. Deutsche Bank AG owned 0.44% of Fair Isaac at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. TimesSquare Capital Management LLC acquired a new stake in shares of Fair Isaac in the 2nd quarter worth approximately $23,960,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of Fair Isaac during the second quarter valued at approximately $67,760,000. Plato Investment Management Ltd acquired a new position in shares of Fair Isaac during the second quarter valued at approximately $492,000. Global Retirement Partners LLC bought a new stake in Fair Isaac during the second quarter worth approximately $274,000. Finally, Bank of New York Mellon Corp bought a new stake in Fair Isaac during the second quarter worth approximately $152,357,000. 85.75% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on FICO. JPMorgan Chase & Co. decreased their price target on Fair Isaac from $1,325.00 to $1,225.00 and set a "neutral" rating for the company in a research note on Thursday, April 30th. Robert W. Baird set a $1,549.00 price objective on Fair Isaac in a research note on Wednesday, April 29th. Weiss Ratings lowered Fair Isaac from a "hold (c)" rating to a "hold (c-)" rating in a report on Thursday, July 30th. Raymond James Financial reaffirmed an "outperform" rating and set a $1,750.00 target price on shares of Fair Isaac in a research note on Wednesday, April 29th. Finally, Bank of America lowered their target price on Fair Isaac from $1,550.00 to $1,400.00 and set a "buy" rating on the stock in a report on Tuesday, May 19th. Eleven investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $1,553.69.

Insider Activity

In related news, Director Eva Manolis sold 967 shares of Fair Isaac stock in a transaction 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 transaction, the director directly owned 498 shares in the company, valued at $697,200. The trade was a 66.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.02% of the stock is owned by insiders.

Fair Isaac Stock Performance

Shares of NYSE:FICO opened at $1,160.59 on Thursday. The stock has a market capitalization of $25.07 billion, a price-to-earnings ratio of 33.52, a PEG ratio of 0.97 and a beta of 1.30. Fair Isaac Corporation has a 1-year low of $870.01 and a 1-year high of $1,998.01. The company has a 50 day moving average price of $1,174.01 and a 200 day moving average price of $1,185.97.

Fair Isaac (NYSE:FICO - Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The technology company reported $12.18 earnings per share (EPS) 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 company had revenue of $674.19 million for the quarter, compared to analysts' expectations of $679.17 million. During the same quarter in the prior year, the company earned $8.57 earnings per share. The firm's 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. On average, sell-side analysts expect that Fair Isaac Corporation will post 37.37 EPS for the current fiscal year.

Fair Isaac 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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