Riverbridge Partners LLC Has $50.55 Million Stake in Fair Isaac Corporation $FICO

Key Points

• Riverbridge Partners LLC boosted its stake in Fair Isaac by 73.1% in Q4, buying an additional 12,627 shares to hold 29,900 shares worth $50.55 million (about 0.13% of the company), while institutional ownership is roughly 85.75%.
• FICO's board authorized a $1.5 billion share repurchase program to buy up to about 5.2% of outstanding shares, signaling management believes the stock may be undervalued.
• FICO beat expectations in the most recent quarter—reporting EPS $7.33 vs $7.08 and revenue of $766 million vs $501.05 million (up 16.4% YoY)—and the stock carries a "Moderate Buy" consensus with an average target of $1,886.69.

Riverbridge Partners LLC lifted its stake in Fair Isaac Corporation (NYSE:FICO - Free Report) by 73.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 29,900 shares of the technology company's stock after purchasing an additional 12,627 shares during the quarter. Riverbridge Partners LLC owned 0.13% of Fair Isaac worth $50,549,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. Natixis Advisors LLC boosted its stake in shares of Fair Isaac by 28.9% during the 3rd quarter. Natixis Advisors LLC now owns 14,721 shares of the technology company's stock valued at $22,030,000 after buying an additional 3,302 shares during the period. Tokio Marine Asset Management Co. Ltd. grew its holdings in shares of Fair Isaac by 111.6% during the 3rd quarter. Tokio Marine Asset Management Co. Ltd. now owns 1,947 shares of the technology company's stock valued at $2,914,000 after acquiring an additional 1,027 shares in the last quarter. Brighton Jones LLC increased its stake in shares of Fair Isaac by 168.7% in the fourth quarter. Brighton Jones LLC now owns 481 shares of the technology company's stock worth $958,000 after acquiring an additional 302 shares during the last quarter. Jefferies Financial Group Inc. purchased a new stake in shares of Fair Isaac during the third quarter worth $1,580,000. Finally, Ashton Thomas Private Wealth LLC purchased a new stake in shares of Fair Isaac during the third quarter worth $627,000. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have commented on FICO shares. Wells Fargo & Company lowered their target price on Fair Isaac from $2,500.00 to $2,300.00 and set an "overweight" rating on the stock in a research note on Wednesday, March 18th. Needham & Company LLC reaffirmed a "buy" rating on shares of Fair Isaac in a research note on Thursday, February 26th. Zacks Research lowered Fair Isaac from a "strong-buy" rating to a "hold" rating in a report on Monday, December 1st. JPMorgan Chase & Co. lowered their price target on Fair Isaac from $1,825.00 to $1,325.00 and set a "neutral" rating for the company in a research note on Tuesday. Finally, Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Fair Isaac in a research report on Monday, December 29th. Nine analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $1,886.69.

Insider Activity at Fair Isaac

In other Fair Isaac news, Director Joanna Rees sold 358 shares of the stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $1,360.00, for a total transaction of $486,880.00. Following the transaction, the director owned 11,204 shares in the company, valued at $15,237,440. This trade represents a 3.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Eva Manolis sold 520 shares of Fair Isaac stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $1,227.63, for a total transaction of $638,367.60. Following the completion of the transaction, the director directly owned 344 shares in the company, valued at approximately $422,304.72. This represents a 60.19% decrease in their position. The disclosure for this sale is available in the SEC filing. 3.02% of the stock is currently owned by insiders.

Fair Isaac Price Performance

Fair Isaac stock opened at $1,038.90 on Friday. Fair Isaac Corporation has a one year low of $969.32 and a one year high of $2,217.60. The company's fifty day moving average price is $1,345.13 and its two-hundred day moving average price is $1,562.30. The company has a market capitalization of $24.64 billion, a price-to-earnings ratio of 38.45, a PEG ratio of 1.00 and a beta of 1.28.

Fair Isaac (NYSE:FICO - Get Free Report) last announced its quarterly earnings results on Wednesday, January 28th. The technology company reported $7.33 earnings per share for the quarter, topping analysts' consensus estimates of $7.08 by $0.25. The company had revenue of $766.00 million during the quarter, compared to analysts' expectations of $501.05 million. Fair Isaac had a negative return on equity of 40.98% and a net margin of 31.89%.The business's quarterly revenue was up 16.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $5.79 earnings per share. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. As a group, sell-side analysts anticipate that Fair Isaac Corporation will post 24.15 earnings per share for the current year.

Fair Isaac declared that its board has initiated a share repurchase plan on Wednesday, February 25th that permits the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization permits the technology company to repurchase up to 5.2% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's management believes its stock is undervalued.

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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