Hsbc Holdings PLC Increases Stake in Fair Isaac Corporation $FICO

Key Points

• HSBC increased its Fair Isaac stake by 14.6% in the second quarter, acquiring 5,378 additional shares for a total of 42,291 shares valued at approximately $50.5 million. Institutional investors collectively own 85.75% of FICO.
• Fair Isaac reported quarterly EPS of $12.18, exceeding analysts’ $11.76 estimate, while revenue rose 25.7% year over year to $674.19 million, slightly below expectations.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $1,553.69, despite FICO shares trading down 0.1% and an insider sale worth $1.35 million.

Hsbc Holdings PLC lifted its position in Fair Isaac Corporation (NYSE:FICO - Free Report) by 14.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,291 shares of the technology company's stock after acquiring an additional 5,378 shares during the quarter. Hsbc Holdings PLC owned 0.20% of Fair Isaac worth $50,455,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Canada Pension Plan Investment Board purchased a new position in Fair Isaac during the second quarter valued at approximately $1,737,000. Bank of America Corp DE lifted its holdings in Fair Isaac by 5.7% during the first quarter. Bank of America Corp DE now owns 133,448 shares of the technology company's stock worth $142,461,000 after buying an additional 7,154 shares during the period. Soltis Investment Advisors LLC bought a new stake in Fair Isaac during the 4th quarter valued at $2,379,000. Brighton Jones LLC boosted its position in Fair Isaac by 168.7% during the 4th quarter. Brighton Jones LLC now owns 481 shares of the technology company's stock valued at $958,000 after acquiring an additional 302 shares in the last quarter. Finally, Titan Global Capital Management USA LLC increased its holdings in shares of Fair Isaac by 42.6% in the 4th quarter. Titan Global Capital Management USA LLC now owns 7,993 shares of the technology company's stock valued at $13,513,000 after acquiring an additional 2,387 shares during the period. 85.75% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Eva Manolis sold 967 shares of the firm's stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $1,400.00, for a total transaction of $1,353,800.00. Following the sale, the director directly owned 498 shares in the company, valued at $697,200. This trade represents a 66.01% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 3.02% of the company's stock.

Fair Isaac Trading Down 0.1%

NYSE:FICO opened at $931.63 on Tuesday. The company has a market capitalization of $20.12 billion, a P/E ratio of 26.91, a PEG ratio of 0.84 and a beta of 1.32. Fair Isaac Corporation has a 12 month low of $870.01 and a 12 month high of $1,998.01. The firm has a fifty day simple moving average of $1,164.45 and a 200-day simple moving average of $1,161.58.

Fair Isaac (NYSE:FICO - Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The technology company reported $12.18 earnings per share (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 firm had revenue of $674.19 million during the quarter, compared to analysts' expectations of $679.17 million. During the same period last year, the business posted $8.57 earnings per share. The company's revenue for the quarter 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. Equities analysts forecast that Fair Isaac Corporation will post 37.37 EPS for the current year.

Wall Street Analyst Weigh In

FICO has been the subject of several recent research reports. Jefferies Financial Group set a $1,675.00 price target on Fair Isaac in a research report on Monday, August 3rd. Needham & Company LLC reiterated a "buy" rating and issued a $1,650.00 target price on shares of Fair Isaac in a research note on Thursday, July 30th. Wells Fargo & Company boosted their target price on shares of Fair Isaac from $1,400.00 to $1,450.00 and gave the stock an "overweight" rating in a report on Thursday, July 30th. Royal Bank Of Canada decreased their price target on shares of Fair Isaac from $2,400.00 to $1,525.00 and set an "outperform" rating for the company in a research report on Thursday, July 30th. Finally, Wall Street Zen cut shares of Fair Isaac from a "buy" rating to a "hold" rating in a report on Sunday, June 28th. Eleven equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $1,553.69.

Fair Isaac Company 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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