TFR Capital LLC. Has $594,000 Stock Holdings in Fair Isaac Corporation $FICO

Key Points

• TFR Capital LLC increased its stake in Fair Isaac Corporation by 150.0% during the second quarter, owning 325 shares valued at $594,000 as of its latest SEC filing.
• Fair Isaac reported an earnings per share of $8.57 for the last quarter, exceeding analyst estimates of $7.75, with a revenue of $536.42 million, a 19.8% year-over-year increase.
• The company's board has authorized a $1.00 billion stock buyback plan, indicating confidence in the company's valuation and allowing it to repurchase up to 2.3% of its stock through open market purchases.

TFR Capital LLC. lifted its stake in Fair Isaac Corporation (NYSE:FICO - Free Report) by 150.0% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 325 shares of the technology company's stock after purchasing an additional 195 shares during the quarter. TFR Capital LLC.'s holdings in Fair Isaac were worth $594,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of FICO. Brighton Jones LLC boosted its stake in Fair Isaac by 168.7% in the 4th quarter. Brighton Jones LLC now owns 481 shares of the technology company's stock worth $958,000 after purchasing an additional 302 shares during the period. Portside Wealth Group LLC boosted its position in shares of Fair Isaac by 11.0% in the first quarter. Portside Wealth Group LLC now owns 171 shares of the technology company's stock worth $315,000 after buying an additional 17 shares during the period. Pallas Capital Advisors LLC acquired a new stake in shares of Fair Isaac in the first quarter worth $494,000. Yousif Capital Management LLC grew its holdings in shares of Fair Isaac by 0.6% during the first quarter. Yousif Capital Management LLC now owns 3,089 shares of the technology company's stock valued at $5,697,000 after buying an additional 19 shares in the last quarter. Finally, Harbor Capital Advisors Inc. raised its position in Fair Isaac by 105.9% during the first quarter. Harbor Capital Advisors Inc. now owns 558 shares of the technology company's stock valued at $1,029,000 after buying an additional 287 shares during the period. Institutional investors and hedge funds own 85.75% of the company's stock.

Fair Isaac Stock Performance

FICO opened at $1,695.00 on Thursday. The company has a market cap of $40.68 billion, a PE ratio of 66.29, a price-to-earnings-growth ratio of 2.04 and a beta of 1.35. The stock has a 50-day moving average of $1,493.45 and a 200-day moving average of $1,702.13. Fair Isaac Corporation has a 52-week low of $1,300.00 and a 52-week high of $2,402.51.

Fair Isaac (NYSE:FICO - Get Free Report) last posted its earnings results on Wednesday, July 30th. The technology company reported $8.57 earnings per share for the quarter, topping the consensus estimate of $7.75 by $0.82. Fair Isaac had a negative return on equity of 48.88% and a net margin of 32.80%.The firm had revenue of $536.42 million during the quarter, compared to analyst estimates of $520.40 million. During the same period in the previous year, the company earned $6.25 EPS. The company's revenue for the quarter was up 19.8% on a year-over-year basis. Fair Isaac has set its FY 2025 guidance at 29.150-29.150 EPS. On average, research analysts predict that Fair Isaac Corporation will post 24.15 earnings per share for the current year.

Fair Isaac announced that its Board of Directors has authorized a stock repurchase plan on Thursday, June 19th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the technology company to reacquire up to 2.3% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's leadership believes its shares are undervalued.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Wells Fargo & Company set a $2,300.00 target price on Fair Isaac in a report on Wednesday, October 1st. Barclays upped their price objective on shares of Fair Isaac from $2,000.00 to $2,400.00 and gave the company an "overweight" rating in a research note on Thursday, October 2nd. Weiss Ratings reissued a "hold (c)" rating on shares of Fair Isaac in a research note on Wednesday. BMO Capital Markets increased their price objective on Fair Isaac from $1,650.00 to $1,800.00 and gave the stock an "outperform" rating in a report on Monday, August 18th. Finally, Oppenheimer lowered their target price on Fair Isaac from $2,300.00 to $1,953.00 and set an "outperform" rating on the stock in a research note on Thursday, July 31st. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $2,130.29.

Insider Buying and Selling

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 transaction of $9,241,912.50. Following the completion of the transaction, 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 3.46% of the stock is owned by company insiders.

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.

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