Fair Isaac Corporation $FICO Shares Sold by Barlow Wealth Partners LLC

Key Points

• Barlow Wealth Partners cut its Fair Isaac stake by 17.5% in the second quarter, selling 2,674 shares and retaining 12,601 shares valued at approximately $15.95 million.
• Fair Isaac reported quarterly EPS of $12.18, exceeding estimates of $11.76, while revenue rose 25.7% year over year to $674.19 million, slightly below expectations.
• Analysts maintain a “Moderate Buy” consensus rating, with 11 Buy ratings and five Holds, though several firms recently reduced their price targets; the average target remains $1,553.69.

Barlow Wealth Partners LLC lowered its stake in shares of Fair Isaac Corporation (NYSE:FICO - Free Report) by 17.5% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,601 shares of the technology company's stock after selling 2,674 shares during the period. Fair Isaac comprises 1.7% of Barlow Wealth Partners LLC's investment portfolio, making the stock its 28th biggest position. Barlow Wealth Partners LLC owned about 0.06% of Fair Isaac worth $15,954,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the stock. NEOS Investment Management LLC boosted its holdings in Fair Isaac by 15.0% in the 2nd quarter. NEOS Investment Management LLC now owns 3,709 shares of the technology company's stock worth $4,431,000 after buying an additional 484 shares during the last quarter. Nykredit A S acquired a new position in shares of Fair Isaac during the second quarter valued at approximately $10,586,000. Proficio Capital Partners LLC purchased a new position in shares of Fair Isaac in the second quarter valued at approximately $216,000. Spyglass Capital Management LLC lifted its position in shares of Fair Isaac by 33.0% in the second quarter. Spyglass Capital Management LLC now owns 74,948 shares of the technology company's stock valued at $89,546,000 after acquiring an additional 18,598 shares in the last quarter. Finally, Fundsmith LLP acquired a new stake in shares of Fair Isaac in the second quarter worth approximately $21,450,000. Institutional investors and hedge funds own 85.75% of the company's stock.

Fair Isaac Stock Up 1.7%

Shares of NYSE:FICO opened at $1,118.41 on Friday. The business has a fifty day moving average of $1,174.33 and a two-hundred day moving average of $1,167.44. The stock has a market cap of $24.16 billion, a P/E ratio of 32.31, a PEG ratio of 0.99 and a beta of 1.32. Fair Isaac Corporation has a 52-week low of $870.01 and a 52-week high of $1,998.01.

Fair Isaac (NYSE:FICO - Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The technology company reported $12.18 EPS for the quarter, topping 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 business had revenue of $674.19 million for the quarter, compared to analyst estimates of $679.17 million. During the same quarter in the previous year, the firm earned $8.57 EPS. The company's quarterly revenue was up 25.7% compared to the same quarter last year. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. On average, equities analysts anticipate that Fair Isaac Corporation will post 37.37 earnings per share for the current year.

Analyst Upgrades and Downgrades

FICO has been the subject of several research reports. Weiss Ratings upgraded Fair Isaac from a "hold (c-)" rating to a "hold (c)" rating in a research report on Friday, August 28th. UBS Group lowered their target price on shares of Fair Isaac from $1,200.00 to $1,130.00 and set a "neutral" rating on the stock in a research note on Wednesday, August 12th. Bank of America lowered their target price on shares of Fair Isaac from $1,550.00 to $1,400.00 and set a "buy" rating on the stock in a research note on Tuesday, May 19th. Barclays reduced their target price on shares of Fair Isaac from $1,950.00 to $1,700.00 and set an "overweight" rating for the company in a research report on Monday, August 10th. Finally, Royal Bank Of Canada lowered their price target on shares of Fair Isaac from $2,400.00 to $1,525.00 and set an "outperform" rating on the stock in a research report on Thursday, July 30th. Eleven investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $1,553.69.

Insider Activity

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

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.

Want to see what other hedge funds are holding FICO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fair Isaac Corporation (NYSE:FICO - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source