Fair Isaac Corporation $FICO Shares Sold by Cwm LLC

Key Points

• Cwm LLC reduced its stake in Fair Isaac Corporation by 43.9% during Q2, now holding 374 shares valued at approximately $684,000.
• Fair Isaac reported impressive earnings, with an EPS of $8.57 for the last quarter, exceeding estimates by $0.82, and a 19.8% increase in revenue compared to the same quarter last year.
• Insider transactions included CEO William J. Lansing selling 4,942 shares for over $8 million, reducing his ownership by 10.26%.

Cwm LLC trimmed its position in shares of Fair Isaac Corporation (NYSE:FICO - Free Report) by 43.9% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 374 shares of the technology company's stock after selling 293 shares during the period. Cwm LLC's holdings in Fair Isaac were worth $684,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the company. Meeder Asset Management Inc. grew its holdings in shares of Fair Isaac by 41.7% during the first quarter. Meeder Asset Management Inc. now owns 17 shares of the technology company's stock worth $31,000 after purchasing an additional 5 shares during the last quarter. Baker Avenue Asset Management LP grew its holdings in shares of Fair Isaac by 4.6% during the first quarter. Baker Avenue Asset Management LP now owns 113 shares of the technology company's stock worth $209,000 after purchasing an additional 5 shares during the last quarter. Valeo Financial Advisors LLC grew its holdings in shares of Fair Isaac by 4.4% during the first quarter. Valeo Financial Advisors LLC now owns 142 shares of the technology company's stock worth $262,000 after purchasing an additional 6 shares during the last quarter. Forum Financial Management LP grew its holdings in shares of Fair Isaac by 2.2% during the first quarter. Forum Financial Management LP now owns 275 shares of the technology company's stock worth $507,000 after purchasing an additional 6 shares during the last quarter. Finally, Ironwood Investment Counsel LLC grew its holdings in shares of Fair Isaac by 5.8% during the first quarter. Ironwood Investment Counsel LLC now owns 109 shares of the technology company's stock worth $201,000 after purchasing an additional 6 shares during the last quarter. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Fair Isaac Stock Up 2.4%

Shares of NYSE:FICO opened at $1,612.42 on Friday. The company has a market cap of $38.70 billion, a P/E ratio of 63.06, a PEG ratio of 1.67 and a beta of 1.35. Fair Isaac Corporation has a 52 week low of $1,300.00 and a 52 week high of $2,402.51. The company has a 50-day moving average price of $1,554.99 and a 200 day moving average price of $1,686.42.

Fair Isaac (NYSE:FICO - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The technology company reported $8.57 EPS for the quarter, beating analysts' consensus estimates of $7.75 by $0.82. The firm had revenue of $536.42 million during the quarter, compared to the consensus estimate 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 revenue was up 19.8% compared to the same quarter last year. During the same quarter last year, the firm earned $6.25 earnings per share. Fair Isaac has set its FY 2025 guidance at 29.150-29.150 EPS. Analysts expect that Fair Isaac Corporation will post 24.15 EPS for the current year.

Wall Street Analysts Forecast Growth

FICO has been the topic of several research reports. Griffin Securities set a $1,800.00 price objective on Fair Isaac in a report on Monday, August 18th. BMO Capital Markets raised their price target on Fair Isaac from $1,650.00 to $1,800.00 and gave the stock an "outperform" rating in a report on Monday, August 18th. UBS Group raised their price target on Fair Isaac from $1,590.00 to $1,640.00 and gave the stock a "neutral" rating in a report on Monday, September 15th. Weiss Ratings reissued a "hold (c)" rating on shares of Fair Isaac in a report on Wednesday, October 8th. Finally, Raymond James Financial lowered their price target on Fair Isaac from $2,230.00 to $1,800.00 and set an "outperform" rating on the stock in a report on Thursday, July 31st. Three investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $2,137.43.

Insider Buying and Selling

In related news, CEO William J. Lansing sold 4,942 shares of the firm's stock in a transaction dated Tuesday, October 14th. The shares were sold at an average price of $1,631.34, for a total value of $8,062,082.28. Following the completion of the sale, the chief executive officer owned 43,207 shares in the company, valued at $70,485,307.38. This trade represents a 10.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders have sold a total of 18,032 shares of company stock valued at $28,094,085 in the last three months. 3.46% of the stock is owned by company insiders.

About Fair Isaac

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.

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