Ninety One UK Ltd Buys New Position in Fair Isaac Corporation $FICO

Key Points

• Ninety One UK Ltd purchased 22,844 Fair Isaac shares worth approximately $13.5 million during the third quarter, giving it about a 0.11% stake. Institutional investors and hedge funds collectively own 85.75% of FICO.
• Analyst sentiment remains generally positive, with a consensus rating of “Moderate Buy” and an average price target of $1,143.50, although several firms recently lowered their targets or ratings.
• FICO shares opened at $769.73, well below their 12-month high of $1,858.91. The company’s latest quarterly results beat EPS expectations, while revenue increased 25.7% year over year.

Ninety One UK Ltd purchased a new position in Fair Isaac Corporation (NYSE:FICO - Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 22,844 shares of the technology company's stock, valued at approximately $13,534,000. Ninety One UK Ltd owned about 0.11% of Fair Isaac at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. BlackRock Inc. purchased a new stake in shares of Fair Isaac during the 2nd quarter valued at $2,491,517,000. Primecap Management Co. CA acquired a new stake in shares of Fair Isaac in the 2nd quarter worth $433,508,000. Van ECK Associates Corp grew its stake in Fair Isaac by 95.0% during the 2nd quarter. Van ECK Associates Corp now owns 223,798 shares of the technology company's stock worth $267,389,000 after buying an additional 109,027 shares during the last quarter. Lindsell Train Ltd grew its stake in Fair Isaac by 15.2% during the 1st quarter. Lindsell Train Ltd now owns 249,422 shares of the technology company's stock worth $266,268,000 after buying an additional 32,829 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its position in Fair Isaac by 9.2% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 175,917 shares of the technology company's stock valued at $187,798,000 after buying an additional 14,792 shares in the last quarter. 85.75% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Fair Isaac news, Director Eva Manolis sold 967 shares of the business'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 owned 498 shares in the company, valued at approximately $697,200. The trade was a 66.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 3.02% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. Wall Street Zen lowered Fair Isaac from a "buy" rating to a "hold" rating in a research report on Sunday, June 28th. Robert W. Baird lowered their price target on Fair Isaac from $1,549.00 to $1,070.00 and set an "outperform" rating for the company in a report on Friday, October 2nd. UBS Group dropped their price target on 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. Mizuho set a $1,344.00 price target on Fair Isaac in a research note on Tuesday, September 29th. Finally, Jefferies Financial Group restated a "buy" rating on shares of Fair Isaac in a report on Tuesday, September 29th. Ten investment analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $1,143.50.

Fair Isaac Trading Up 7.0%

NYSE:FICO opened at $769.73 on Friday. The company has a market capitalization of $16.63 billion, a P/E ratio of 22.23, a PEG ratio of 0.83 and a beta of 1.35. Fair Isaac Corporation has a 12 month low of $586.05 and a 12 month high of $1,858.91. The firm has a fifty day simple moving average of $940.83 and a 200-day simple moving average of $1,076.78.

Fair Isaac (NYSE:FICO - Get Free Report) last released its earnings results on Wednesday, July 29th. The technology company reported $12.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $11.76 by $0.42. The firm had revenue of $674.19 million for the quarter, compared to the consensus estimate of $679.17 million. Fair Isaac had a negative return on equity of 32.51% and a net margin of 34.05%. The firm's revenue was up 25.7% on a year-over-year basis. During the same period in the prior year, the firm earned $8.57 EPS. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. Equities analysts forecast that Fair Isaac Corporation will post 36.83 EPS for the current year.

Fair Isaac Profile

Fair Isaac Corporation, known as FICO, develops analytics and software used by businesses to make decisions about credit, risk, fraud, customer engagement and other operational activities. The company is best known for the FICO Score, a credit-risk scoring system used by lenders to help evaluate consumer creditworthiness.

FICO's offerings include credit scoring solutions, decision-management software, fraud detection and identity verification tools, and analytics platforms. Its products are used by financial institutions, insurers, retailers, telecommunications companies and other organizations to automate decisions, manage risk and improve customer relationships.

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