T3 Companies LLC Acquires New Shares in Fair Isaac Corporation $FICO

Key Points

• T3 Companies LLC acquired 2,407 Fair Isaac shares worth approximately $1.43 million in the third quarter, making FICO 1.4% of its portfolio. Institutional investors collectively own 85.75% of the company.
• Analysts maintain a generally positive outlook, with 10 Buy, four Hold and two Sell ratings. However, RBC and Mizuho lowered their price targets; FICO’s consensus target is $1,095.94 and its average rating is “Moderate Buy.”
• Fair Isaac’s latest quarterly results exceeded EPS expectations, reporting $12.18 versus the $11.76 consensus, while revenue rose 25.7% year over year to $674.19 million. The stock opened at $823.24, well below its 12-month high of $1,858.91.

T3 Companies LLC acquired a new stake in Fair Isaac Corporation (NYSE:FICO - Free Report) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 2,407 shares of the technology company's stock, valued at approximately $1,426,000. Fair Isaac comprises 1.4% of T3 Companies LLC's holdings, making the stock its 17th biggest position.

Other large investors have also added to or reduced their stakes in the company. Keating Financial Advisory Services Inc. bought a new stake in Fair Isaac during the 2nd quarter worth approximately $30,000. Western Wealth Management LLC bought a new position in shares of Fair Isaac during the first quarter valued at $29,000. Versant Capital Management Inc raised its stake in shares of Fair Isaac by 120.0% during the second quarter. Versant Capital Management Inc now owns 44 shares of the technology company's stock valued at $53,000 after acquiring an additional 24 shares during the last quarter. Clearstead Trust LLC acquired a new position in shares of Fair Isaac during the second quarter worth $100,000. Finally, Eastern Bank lifted its holdings in shares of Fair Isaac by 177.1% during the second quarter. Eastern Bank now owns 97 shares of the technology company's stock worth $116,000 after purchasing an additional 62 shares during the period. Institutional investors own 85.75% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on FICO shares. Royal Bank Of Canada reduced their price objective on shares of Fair Isaac from $1,525.00 to $1,045.00 and set an "outperform" rating on the stock in a research note on Friday, October 16th. Weiss Ratings raised Fair Isaac from a "hold (c-)" rating to a "hold (c)" rating in a research report on Friday, October 9th. Mizuho cut their target price on Fair Isaac from $1,344.00 to $1,063.00 and set an "outperform" rating on the stock in a report on Monday. Credit Suisse Group set a $1,150.00 target price on Fair Isaac in a report on Wednesday, September 30th. Finally, Jefferies Financial Group reiterated a "buy" rating on shares of Fair Isaac in a research report on Tuesday, September 29th. Ten equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Fair Isaac presently has an average rating of "Moderate Buy" and an average target price of $1,095.94.

Insider Buying and Selling

In other Fair Isaac news, Director Eva Manolis sold 967 shares of Fair Isaac stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $1,400.00, for a total value of $1,353,800.00. Following the completion of the sale, the director directly owned 498 shares in the company, valued at approximately $697,200. The trade was a 66.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.02% of the stock is owned by corporate insiders.

Fair Isaac Stock Up 3.5%

FICO opened at $823.24 on Friday. Fair Isaac Corporation has a twelve month low of $586.05 and a twelve month high of $1,858.91. The company has a fifty day moving average of $914.58 and a 200-day moving average of $1,067.01. The stock has a market cap of $17.78 billion, a PE ratio of 23.78, a price-to-earnings-growth ratio of 0.94 and a beta of 1.35.

Fair Isaac (NYSE:FICO - Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The technology company reported $12.18 EPS for the quarter, beating analysts' consensus estimates of $11.76 by $0.42. Fair Isaac had a net margin of 34.05% and a negative return on equity of 32.51%. The business had revenue of $674.19 million for the quarter, compared to analysts' expectations of $679.17 million. During the same quarter in the prior year, the firm posted $8.57 earnings per share. The business's quarterly revenue 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. Sell-side analysts anticipate that Fair Isaac Corporation will post 36.66 EPS for the current fiscal year.

About Fair Isaac

Fair Isaac Corporation, commonly known as FICO, develops analytics and decision-management software used by businesses to assess risk, detect fraud and make customer-related decisions. The company is best known for the FICO Score, a credit-risk scoring system used by lenders and other financial institutions to evaluate consumer creditworthiness.

FICO's offerings include credit scoring solutions, decisioning platforms, fraud-detection tools, customer management software and predictive analytics.

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