Dimensional Fund Advisors LP Decreases Position in Fair Isaac Corporation $FICO

Key Points

• Dimensional Fund Advisors LP reduced its stake in Fair Isaac Corporation by 4.3%, holding 100,693 shares valued at approximately $185.67 million as of the latest SEC filing.
• CEO William J. Lansing sold 3,811 shares at an average price of $1,565.99, decreasing his ownership by 7.92% to roughly $69.43 million.
• Fair Isaac's recent quarterly earnings beat analysts' estimates with an EPS of $8.57, while the company also announced a $1 billion stock repurchase plan indicating management's confidence in the stock's value.

Dimensional Fund Advisors LP cut its stake in shares of Fair Isaac Corporation (NYSE:FICO - Free Report) by 4.3% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 100,693 shares of the technology company's stock after selling 4,578 shares during the period. Dimensional Fund Advisors LP owned about 0.41% of Fair Isaac worth $185,669,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Vanguard Group Inc. lifted its position in Fair Isaac by 2.0% during the first quarter. Vanguard Group Inc. now owns 2,962,434 shares of the technology company's stock valued at $5,463,202,000 after purchasing an additional 58,740 shares in the last quarter. Principal Financial Group Inc. lifted its position in Fair Isaac by 7.3% during the first quarter. Principal Financial Group Inc. now owns 391,823 shares of the technology company's stock valued at $722,585,000 after purchasing an additional 26,811 shares in the last quarter. GAMMA Investing LLC lifted its position in Fair Isaac by 286,768.9% during the first quarter. GAMMA Investing LLC now owns 258,182 shares of the technology company's stock valued at $476,129,000 after purchasing an additional 258,092 shares in the last quarter. Northern Trust Corp lifted its position in Fair Isaac by 20.1% during the fourth quarter. Northern Trust Corp now owns 254,201 shares of the technology company's stock valued at $506,096,000 after purchasing an additional 42,588 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Fair Isaac by 6.6% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 244,262 shares of the technology company's stock valued at $486,309,000 after purchasing an additional 15,210 shares in the last quarter. 85.75% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have recently commented on FICO shares. Baird R W upgraded Fair Isaac from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, May 28th. BMO Capital Markets lifted their target price 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. Robert W. Baird raised Fair Isaac from a "neutral" rating to an "outperform" rating and reduced their price objective for the stock from $2,021.00 to $1,900.00 in a research note on Wednesday, May 28th. Jefferies Financial Group reissued a "buy" rating on shares of Fair Isaac in a research note on Thursday, July 17th. Finally, Barclays reduced their price objective on Fair Isaac from $2,250.00 to $2,000.00 and set an "overweight" rating on the stock in a research note on Wednesday, July 9th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $2,134.57.

Fair Isaac Price Performance

Shares of FICO traded up $50.8630 during mid-day trading on Friday, reaching $1,412.5830. 275,337 shares of the company's stock traded hands, compared to its average volume of 362,827. The stock has a market cap of $33.90 billion, a P/E ratio of 55.24, a P/E/G ratio of 2.65 and a beta of 1.28. The stock's 50-day moving average is $1,574.19 and its two-hundred day moving average is $1,758.25. Fair Isaac Corporation has a 12 month low of $1,300.00 and a 12 month high of $2,402.51.

Fair Isaac (NYSE:FICO - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The technology company reported $8.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.75 by $0.82. Fair Isaac had a negative return on equity of 48.88% and a net margin of 32.80%.The company had revenue of $536.42 million for the quarter, compared to analysts' expectations of $520.40 million. During the same quarter in the prior year, the firm earned $6.25 earnings per share. Fair Isaac's revenue was up 19.8% compared to the same quarter last year. Fair Isaac has set its FY 2025 guidance at 29.150-29.150 EPS. Research analysts predict that Fair Isaac Corporation will post 24.15 earnings per share for the current year.

Fair Isaac declared that its board has approved a stock buyback program on Thursday, June 19th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the technology company to repurchase up to 2.3% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's management believes its stock is undervalued.

Insider Buying and Selling at Fair Isaac

In other news, CFO Steven P. Weber sold 1,000 shares of the business's stock in a transaction on Monday, June 9th. The stock was sold at an average price of $1,738.25, for a total value of $1,738,250.00. Following the completion of the transaction, the chief financial officer directly owned 1,862 shares of the company's stock, valued at approximately $3,236,621.50. The trade was a 34.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO William J. Lansing sold 6,010 shares of the business's stock in a transaction on Tuesday, June 10th. The stock was sold at an average price of $1,767.82, for a total value of $10,624,598.20. Following the completion of the transaction, the chief executive officer directly owned 42,138 shares of the company's stock, valued at approximately $74,492,399.16. The trade was a 12.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 13,021 shares of company stock valued at $22,247,892. Corporate insiders own 3.46% of the company's stock.

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.