Fair Isaac Corporation $FICO Shares Acquired by Bowie Capital Management LLC

Key Points

• Bowie Capital Management raised its stake in Fair Isaac by 9.5% in Q3 to 78,485 shares, making FICO ~5.1% of the fund's portfolio and representing about 0.33% of the company (valued at $117.46M).
• FICO reported strong results, with Q3 EPS of $7.33 vs. $7.08 expected and revenue of $766M vs. $501M expected, a 16.4% YoY revenue increase, and FY2026 EPS guidance of 38.17.
• The board approved a $1.5 billion share buyback (up to 5.2% of outstanding shares), while analysts maintain a consensus "Moderate Buy" with an average target price of $1,994.62.

Bowie Capital Management LLC lifted its holdings in shares of Fair Isaac Corporation (NYSE:FICO - Free Report) by 9.5% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 78,485 shares of the technology company's stock after acquiring an additional 6,829 shares during the period. Fair Isaac makes up approximately 5.1% of Bowie Capital Management LLC's investment portfolio, making the stock its 8th largest holding. Bowie Capital Management LLC owned 0.33% of Fair Isaac worth $117,455,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Brighton Jones LLC increased its stake in Fair Isaac by 168.7% during the 4th quarter. Brighton Jones LLC now owns 481 shares of the technology company's stock valued at $958,000 after purchasing an additional 302 shares in the last quarter. Great Lakes Advisors LLC lifted its stake in shares of Fair Isaac by 5.7% during the first quarter. Great Lakes Advisors LLC now owns 112 shares of the technology company's stock worth $207,000 after buying an additional 6 shares during the period. Woodline Partners LP grew its holdings in shares of Fair Isaac by 46.1% during the first quarter. Woodline Partners LP now owns 2,138 shares of the technology company's stock valued at $3,943,000 after buying an additional 675 shares during the last quarter. Assetmark Inc. increased its position in shares of Fair Isaac by 158.6% in the 2nd quarter. Assetmark Inc. now owns 75 shares of the technology company's stock valued at $137,000 after acquiring an additional 46 shares during the period. Finally, First Horizon Advisors Inc. increased its position in shares of Fair Isaac by 216.3% in the 2nd quarter. First Horizon Advisors Inc. now owns 155 shares of the technology company's stock valued at $283,000 after acquiring an additional 106 shares during the period. Institutional investors and hedge funds own 85.75% of the company's stock.

Insider Activity at Fair Isaac

In related news, Director Joanna Rees sold 358 shares of Fair Isaac stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $1,360.00, for a total transaction of $486,880.00. Following the completion of the transaction, the director directly owned 11,204 shares in the company, valued at approximately $15,237,440. This trade represents a 3.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Eva Manolis sold 521 shares of the company's stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $1,825.83, for a total value of $951,257.43. Following the completion of the sale, the director owned 344 shares in the company, valued at approximately $628,085.52. This represents a 60.23% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 2,825 shares of company stock worth $4,657,565. 3.02% of the stock is owned by corporate insiders.

Fair Isaac Stock Performance

NYSE:FICO opened at $1,471.53 on Friday. The firm's fifty day moving average is $1,485.53 and its two-hundred day moving average is $1,594.06. The firm has a market cap of $34.90 billion, a price-to-earnings ratio of 54.46, a PEG ratio of 1.42 and a beta of 1.28. Fair Isaac Corporation has a one year low of $1,193.09 and a one year high of $2,217.60.

Fair Isaac (NYSE:FICO - Get Free Report) last released its quarterly earnings data on Wednesday, January 28th. The technology company reported $7.33 earnings per share for the quarter, beating analysts' consensus estimates of $7.08 by $0.25. The business had revenue of $766.00 million during the quarter, compared to analyst estimates of $501.05 million. Fair Isaac had a negative return on equity of 40.98% and a net margin of 31.89%.The company's revenue was up 16.4% on a year-over-year basis. During the same quarter last year, the business posted $5.79 EPS. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. As a group, equities research analysts predict that Fair Isaac Corporation will post 24.15 earnings per share for the current fiscal year.

Fair Isaac announced that its board has approved a stock buyback plan on Wednesday, February 25th that permits the company to buyback $1.50 billion in outstanding shares. This buyback authorization permits the technology company to buy up to 5.2% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board believes its shares are undervalued.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on FICO. Wells Fargo & Company lifted their price target on Fair Isaac from $2,400.00 to $2,500.00 and gave the stock an "overweight" rating in a research report on Wednesday, January 14th. Jefferies Financial Group increased their price objective on Fair Isaac from $2,100.00 to $2,200.00 and gave the company a "buy" rating in a report on Friday, January 16th. The Goldman Sachs Group reduced their price objective on Fair Isaac from $2,070.00 to $1,777.00 and set a "buy" rating for the company in a research note on Monday, February 2nd. Bank of America initiated coverage on Fair Isaac in a report on Tuesday, February 17th. They set a "buy" rating and a $1,900.00 target price for the company. Finally, Needham & Company LLC reiterated a "buy" rating on shares of Fair Isaac in a report on Thursday, February 26th. Nine analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $1,994.62.

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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