Fair Isaac Corporation $FICO Shares Bought by Banco Bilbao Vizcaya Argentaria S.A.

Key Points

• Banco Bilbao Vizcaya Argentaria S.A. increased its stake in Fair Isaac Corporation by 3.3%, now owning 9,080 shares valued at approximately $16.7 million.
• Insiders, including CEO William J. Lansing and CFO Steven P. Weber, sold shares recently, with Lansing's sale decreasing his position by 7.92% and Weber's by 34.94%.
• Fair Isaac's stock has shown strong performance, with a recent EPS of $8.57 exceeding estimates, and the company has authorized a $1 billion stock buyback plan, signaling its belief that the stock is undervalued.

Banco Bilbao Vizcaya Argentaria S.A. increased its holdings in shares of Fair Isaac Corporation (NYSE:FICO - Free Report) by 3.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,080 shares of the technology company's stock after acquiring an additional 291 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Fair Isaac were worth $16,745,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FICO. Brighton Jones LLC boosted its position in Fair Isaac by 168.7% during the fourth quarter. Brighton Jones LLC now owns 481 shares of the technology company's stock worth $958,000 after acquiring an additional 302 shares during the last quarter. First Trust Advisors LP boosted its position in Fair Isaac by 7.3% during the fourth quarter. First Trust Advisors LP now owns 23,170 shares of the technology company's stock worth $46,131,000 after acquiring an additional 1,574 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Fair Isaac by 2.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 105,271 shares of the technology company's stock worth $209,612,000 after acquiring an additional 2,359 shares during the last quarter. Capital World Investors acquired a new position in Fair Isaac during the fourth quarter worth about $8,583,000. Finally, Tower Research Capital LLC TRC boosted its position in Fair Isaac by 119.1% during the fourth quarter. Tower Research Capital LLC TRC now owns 1,540 shares of the technology company's stock worth $3,066,000 after acquiring an additional 837 shares during the last quarter. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on FICO shares. Jefferies Financial Group reissued a "buy" rating on shares of Fair Isaac in a research note on Thursday, July 17th. Griffin Securities set a $1,800.00 price target on shares of Fair Isaac in a research note on Monday, August 18th. BMO Capital Markets increased their price target on shares of Fair Isaac from $1,650.00 to $1,800.00 and gave the company an "outperform" rating in a research note on Monday, August 18th. Needham & Company LLC dropped their price target on shares of Fair Isaac from $2,575.00 to $1,950.00 and set a "buy" rating for the company in a research note on Wednesday, July 16th. Finally, Barclays dropped their price target on shares of Fair Isaac from $2,250.00 to $2,000.00 and set an "overweight" rating for the company in a research note on Wednesday, July 9th. One 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 stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $2,134.57.

Insider Buying and Selling

In other Fair Isaac news, CFO Steven P. Weber sold 1,000 shares of the stock in a transaction that occurred 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 sale, 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO William J. Lansing sold 3,811 shares of the stock in a transaction that occurred on Tuesday, July 8th. The stock was sold at an average price of $1,565.99, for a total transaction of $5,967,987.89. Following the sale, the chief executive officer owned 44,338 shares in the company, valued at approximately $69,432,864.62. This trade represents a 7.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 13,021 shares of company stock worth $22,247,892. 3.46% of the stock is owned by company insiders.

Fair Isaac Price Performance

Shares of NYSE:FICO traded up $50.8630 during mid-day trading on Friday, reaching $1,412.5830. 275,337 shares of the company were exchanged, compared to its average volume of 362,827. The firm has a market cap of $33.90 billion, a price-to-earnings ratio of 55.24, a P/E/G ratio of 2.65 and a beta of 1.28. The firm's 50-day simple moving average is $1,574.19 and its 200 day simple moving average is $1,758.25. Fair Isaac Corporation has a 1 year low of $1,300.00 and a 1 year high of $2,402.51.

Fair Isaac (NYSE:FICO - Get Free Report) last posted its quarterly earnings data 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 firm had revenue of $536.42 million during 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 firm's quarterly revenue was up 19.8% on a year-over-year basis. During the same quarter last year, the company posted $6.25 EPS. Fair Isaac has set its FY 2025 guidance at 29.150-29.150 EPS. On average, research analysts forecast that Fair Isaac Corporation will post 24.15 earnings per share for the current fiscal year.

Fair Isaac announced that its board has initiated a share buyback program on Thursday, June 19th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the technology company to purchase up to 2.3% of its stock through open market purchases. Stock buyback programs are often an indication that the company's leadership believes its shares are undervalued.

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.