Fair Isaac Corporation $FICO Shares Sold by Swiss National Bank

Key Points

• Swiss National Bank trimmed its stake in Fair Isaac by 5.0% in Q3, selling 3,700 shares and leaving it with 70,200 shares (about 0.30% of the company) valued at roughly $105.06 million.
• FICO reported a beat on the latest quarter (EPS $7.33 vs. $7.08 est., revenue $766M, +16.4% YoY) and its Board authorized a $1.5 billion share buyback — equal to up to about 5.2% of outstanding shares.
• Wall Street consensus is a "Moderate Buy" with an average price target of $1,994.62 (nine Buys vs. five Holds), while insiders sold about 2,825 shares worth $4.66 million in the last quarter.

Swiss National Bank reduced its holdings in Fair Isaac Corporation (NYSE:FICO - Free Report) by 5.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 70,200 shares of the technology company's stock after selling 3,700 shares during the quarter. Swiss National Bank owned approximately 0.30% of Fair Isaac worth $105,056,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC lifted its holdings in shares of Fair Isaac by 280.0% during the 3rd quarter. Cornerstone Planning Group LLC now owns 19 shares of the technology company's stock worth $30,000 after acquiring an additional 14 shares during the period. Ransom Advisory Ltd purchased a new stake in Fair Isaac in the third quarter valued at approximately $30,000. Meeder Asset Management Inc. increased its position in Fair Isaac by 66.7% during the third quarter. Meeder Asset Management Inc. now owns 20 shares of the technology company's stock worth $30,000 after purchasing an additional 8 shares during the last quarter. Root Financial Partners LLC purchased a new position in Fair Isaac during the third quarter worth approximately $30,000. Finally, Strengthening Families & Communities LLC purchased a new position in Fair Isaac during the third quarter worth approximately $34,000. 85.75% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on FICO. The Goldman Sachs Group cut their target price on Fair Isaac from $2,070.00 to $1,777.00 and set a "buy" rating on the stock in a research report on Monday, February 2nd. Weiss Ratings restated a "hold (c+)" rating on shares of Fair Isaac in a report on Monday, December 29th. 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. Jefferies Financial Group increased their target price on shares of Fair Isaac from $2,100.00 to $2,200.00 and gave the stock a "buy" rating in a research report on Friday, January 16th. Finally, Needham & Company LLC reaffirmed a "buy" rating on shares of Fair Isaac in a research report on Thursday, February 26th. Nine equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $1,994.62.

Fair Isaac Stock Performance

Fair Isaac stock opened at $1,282.35 on Wednesday. The firm has a market capitalization of $30.42 billion, a PE ratio of 47.46, a price-to-earnings-growth ratio of 1.39 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. The stock's 50 day moving average price is $1,469.69 and its 200 day moving average price is $1,595.35.

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

Fair Isaac declared that its Board of Directors has initiated a share buyback plan on Wednesday, February 25th that allows the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization allows the technology company to repurchase up to 5.2% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's leadership believes its stock is undervalued.

Insiders Place Their Bets

In other Fair Isaac news, CFO Steven P. Weber sold 1,426 shares of the business's stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $1,810.00, for a total value of $2,581,060.00. Following the transaction, the chief financial officer owned 2,804 shares in the company, valued at $5,075,240. The trade was a 33.71% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Eva Manolis sold 521 shares of the firm's stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $1,825.83, for a total value of $951,257.43. Following the sale, the director owned 344 shares of the company's stock, valued at $628,085.52. This represents a 60.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 2,825 shares of company stock worth $4,657,565 in the last quarter. 3.02% of the stock is owned by corporate insiders.

Fair Isaac Profile

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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