Tcfg Wealth Management LLC Invests $20.37 Million in Fair Isaac Corporation $FICO

Key Points

• Tcfg Wealth Management LLC initiated a new position in Fair Isaac, buying 13,614 shares worth about $20.37 million, representing roughly 1.7% of its portfolio and about 0.06% of FICO outstanding.
• FICO beat quarterly expectations with $7.33 EPS and $766 million in revenue, set FY2026 guidance at 38.17 EPS, and its board authorized a $1.5 billion share buyback (about 5.2% of shares).
• Analysts are mostly positive with a consensus "Moderate Buy" rating and a target near $1,972.31, while the stock trades around $1,198 and carries a market cap of about $28.4 billion.

Tcfg Wealth Management LLC bought a new position in shares of Fair Isaac Corporation (NYSE:FICO - Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 13,614 shares of the technology company's stock, valued at approximately $20,374,000. Fair Isaac comprises approximately 1.7% of Tcfg Wealth Management LLC's investment portfolio, making the stock its 12th biggest position. Tcfg Wealth Management LLC owned approximately 0.06% of Fair Isaac as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Ransom Advisory Ltd acquired a new position in shares of Fair Isaac during the 3rd quarter worth about $30,000. Meeder Asset Management Inc. grew its holdings in shares of Fair Isaac by 66.7% in the 3rd quarter. Meeder Asset Management Inc. now owns 20 shares of the technology company's stock valued at $30,000 after acquiring an additional 8 shares in the last quarter. Root Financial Partners LLC acquired a new stake in shares of Fair Isaac in the third quarter valued at about $30,000. Cornerstone Planning Group LLC increased its position in shares of Fair Isaac by 280.0% in the third quarter. Cornerstone Planning Group LLC now owns 19 shares of the technology company's stock valued at $30,000 after acquiring an additional 14 shares during the last quarter. Finally, Strengthening Families & Communities LLC bought a new stake in Fair Isaac during the third quarter worth about $34,000. Institutional investors own 85.75% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on FICO shares. Jefferies Financial Group increased their price target on Fair Isaac from $2,100.00 to $2,200.00 and gave the company a "buy" rating in a research report on Friday, January 16th. Bank of America assumed coverage on Fair Isaac in a research report on Tuesday, February 17th. They set a "buy" rating and a $1,900.00 price target on the stock. The Goldman Sachs Group cut their price objective on Fair Isaac from $2,070.00 to $1,777.00 and set a "buy" rating for the company in a report on Monday, February 2nd. Wells Fargo & Company raised their target price on shares of Fair Isaac from $2,400.00 to $2,500.00 and gave the company an "overweight" rating in a research note on Wednesday, January 14th. Finally, Zacks Research downgraded shares of Fair Isaac from a "strong-buy" rating to a "hold" rating in a report on Monday, December 1st. Nine equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $1,972.31.

Fair Isaac Stock Up 3.2%

NYSE:FICO opened at $1,198.47 on Wednesday. Fair Isaac Corporation has a 12-month low of $1,068.67 and a 12-month high of $2,217.60. The firm has a market capitalization of $28.43 billion, a price-to-earnings ratio of 44.35, a P/E/G ratio of 1.12 and a beta of 1.28. The stock's 50 day moving average price is $1,419.04 and its two-hundred day moving average price is $1,584.44.

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

Fair Isaac declared that its board has authorized a stock buyback plan on Wednesday, February 25th that authorizes the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization authorizes the technology company to repurchase up to 5.2% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's leadership believes its shares are undervalued.

Insiders Place Their Bets

In other Fair Isaac news, Director Joanna Rees sold 358 shares of Fair Isaac stock in a transaction on Friday, February 13th. The shares were sold at an average price of $1,360.00, for a total transaction of $486,880.00. Following the completion of the transaction, the director directly owned 11,204 shares of the company's stock, valued at $15,237,440. The trade was a 3.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Eva Manolis sold 520 shares of the company's stock in a transaction 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 owned 344 shares in the company, valued at approximately $422,304.72. This represents a 60.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 3.02% of the company's stock.

About Fair Isaac

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.

Want to see what other hedge funds are holding FICO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fair Isaac Corporation (NYSE:FICO - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.