226 Shares in Fair Isaac Corporation $FICO Purchased by Oliver Lagore Vanvalin Investment Group

Key Points

• Oliver Lagore Vanvalin Investment Group acquired 226 shares of Fair Isaac Corporation, valued at approximately $417,000, signaling renewed interest in the company.
• Analysts have varying outlooks on Fair Isaac, with target prices ranging from $1,800 to $2,600 and a consensus rating of "Moderate Buy".
• Insider CEO William J. Lansing sold 6,011 shares of Fair Isaac, reducing his ownership stake by 12.48%, while insiders sold a total of 18,032 shares in the last ninety days.

Oliver Lagore Vanvalin Investment Group purchased a new position in shares of Fair Isaac Corporation (NYSE:FICO - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 226 shares of the technology company's stock, valued at approximately $417,000.

Several other institutional investors have also modified their holdings of the company. Meeder Asset Management Inc. grew its position 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 acquiring an additional 5 shares during the last quarter. Baker Avenue Asset Management LP grew its position 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 acquiring an additional 5 shares during the last quarter. City Holding Co. grew its position in shares of Fair Isaac by 11.3% during the first quarter. City Holding Co. now owns 59 shares of the technology company's stock worth $109,000 after acquiring an additional 6 shares during the last quarter. Valeo Financial Advisors LLC grew its position in Fair Isaac by 4.4% in the 1st quarter. Valeo Financial Advisors LLC now owns 142 shares of the technology company's stock valued at $262,000 after buying an additional 6 shares in the last quarter. Finally, Forum Financial Management LP grew its position in Fair Isaac by 2.2% in the 1st quarter. Forum Financial Management LP now owns 275 shares of the technology company's stock valued at $507,000 after buying an additional 6 shares in the last quarter. Institutional investors own 85.75% of the company's stock.

Insider Transactions at Fair Isaac

In other Fair Isaac news, CEO William J. Lansing sold 6,011 shares of the business's stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $1,537.50, for a total value of $9,241,912.50. Following the sale, the chief executive officer owned 42,138 shares of the company's stock, valued at $64,787,175. The trade was a 12.48% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Over the last 90 days, insiders have sold 18,032 shares of company stock valued at $28,153,015. Insiders own 3.46% of the company's stock.

Fair Isaac Stock Up 4.5%

Shares of NYSE:FICO traded up $66.41 during trading on Monday, reaching $1,543.62. The stock had a trading volume of 297,716 shares, compared to its average volume of 274,176. Fair Isaac Corporation has a 52 week low of $1,300.00 and a 52 week high of $2,402.51. The firm has a market capitalization of $37.05 billion, a price-to-earnings ratio of 60.37, a P/E/G ratio of 2.88 and a beta of 1.35. The stock has a fifty day simple moving average of $1,465.15 and a two-hundred day simple moving average of $1,715.68.

Fair Isaac (NYSE:FICO - Get Free Report) last announced its earnings results on Wednesday, July 30th. The technology company reported $8.57 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $7.75 by $0.82. Fair Isaac had a net margin of 32.80% and a negative return on equity of 48.88%. The business had revenue of $536.42 million for the quarter, compared to analyst estimates of $520.40 million. During the same quarter in the previous year, the firm posted $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. On average, analysts forecast that Fair Isaac Corporation will post 24.15 EPS for the current year.

Fair Isaac announced that its Board of Directors has initiated a stock buyback plan on Thursday, June 19th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the technology company to reacquire up to 2.3% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's board of directors believes its stock is undervalued.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Baird R W upgraded shares of Fair Isaac from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, May 28th. Griffin Securities set a $1,800.00 target price on shares of Fair Isaac in a research report on Monday, August 18th. BMO Capital Markets increased their target price on shares of Fair Isaac from $1,650.00 to $1,800.00 and gave the company an "outperform" rating in a research report on Monday, August 18th. Robert W. Baird upgraded shares of Fair Isaac from a "neutral" rating to an "outperform" rating and decreased their target price for the company from $2,021.00 to $1,900.00 in a research report on Wednesday, May 28th. Finally, Wells Fargo & Company decreased their target price on shares of Fair Isaac from $2,600.00 to $2,300.00 and set an "overweight" rating for the company in a research report on Wednesday, July 9th. One equities 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 has a consensus rating of "Moderate Buy" and a consensus target price of $2,101.71.

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.