UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Has $584.19 Million Stock Holdings in Fair Isaac Corporation $FICO

Key Points

• UBS Asset Management has increased its stake in Fair Isaac Corporation to approximately $584.19 million after acquiring an additional 72,518 shares, bringing their total to 316,780 shares, which is about 1.30% of the company.
• Several institutional investors have also adjusted their positions in Fair Isaac, with GAMMA Investing increasing its holdings by 286,768.9% and Vanguard Group now owning over $5.4 billion worth of shares.
• Analysts remain optimistic about Fair Isaac, with the stock receiving a consensus rating of "Moderate Buy" and a target price set at $2,098.14, following significant upgrades from firms like BMO Capital Markets and UBS Group.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Fair Isaac Corporation (NYSE:FICO - Free Report) by 29.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 316,780 shares of the technology company's stock after buying an additional 72,518 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned approximately 1.30% of Fair Isaac worth $584,193,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of FICO. GAMMA Investing LLC raised its holdings in Fair Isaac by 286,768.9% during the first quarter. GAMMA Investing LLC now owns 258,182 shares of the technology company's stock worth $476,129,000 after buying an additional 258,092 shares during the last quarter. Millennium Management LLC raised its holdings in shares of Fair Isaac by 663.1% in the fourth quarter. Millennium Management LLC now owns 108,349 shares of the technology company's stock valued at $215,715,000 after purchasing an additional 94,150 shares during the last quarter. Nuveen LLC purchased a new stake in shares of Fair Isaac in the first quarter valued at about $114,864,000. Vanguard Group Inc. increased its holdings in Fair Isaac by 2.0% during the first quarter. Vanguard Group Inc. now owns 2,962,434 shares of the technology company's stock worth $5,463,202,000 after buying an additional 58,740 shares during the last quarter. Finally, Twinbeech Capital LP purchased a new stake in Fair Isaac during the fourth quarter worth about $66,718,000. Institutional investors and hedge funds own 85.75% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Jefferies Financial Group restated a "buy" rating on shares of Fair Isaac in a report on Thursday, July 17th. UBS Group raised their price objective on shares of Fair Isaac from $1,540.00 to $1,590.00 and gave the stock a "neutral" rating in a report on Monday. BMO Capital Markets raised their price objective on shares of Fair Isaac from $1,650.00 to $1,800.00 and gave the stock an "outperform" rating in a report on Monday, August 18th. Baird R W upgraded shares of Fair Isaac from a "hold" rating to a "strong-buy" rating in a report on Wednesday, May 28th. Finally, Robert W. Baird upgraded shares of Fair Isaac from a "neutral" rating to an "outperform" rating and cut their target price for the stock from $2,021.00 to $1,900.00 in a research report on Wednesday, May 28th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Fair Isaac has a consensus rating of "Moderate Buy" and a consensus target price of $2,098.14.

Insider Activity at Fair Isaac

In other Fair Isaac news, CEO William J. Lansing sold 6,010 shares of Fair Isaac stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $1,501.84, for a total transaction of $9,026,058.40. Following the transaction, the chief executive officer directly owned 42,138 shares of the company's stock, valued at approximately $63,284,533.92. This trade represents a 12.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders have sold 12,021 shares of company stock worth $18,911,102 over the last quarter. Company insiders own 3.46% of the company's stock.

Fair Isaac Trading Up 0.5%

FICO stock opened at $1,546.01 on Wednesday. Fair Isaac Corporation has a 12 month low of $1,300.00 and a 12 month high of $2,402.51. The firm has a market capitalization of $37.10 billion, a P/E ratio of 60.46, a price-to-earnings-growth ratio of 3.00 and a beta of 1.35. The firm has a 50 day moving average of $1,495.33 and a 200-day moving average of $1,733.11.

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, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $520.40 million. During the same period in the previous year, the business posted $6.25 earnings per share. Fair Isaac'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. Sell-side analysts predict that Fair Isaac Corporation will post 24.15 EPS for the current year.

Fair Isaac declared that its board has approved a stock repurchase program on Thursday, June 19th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the technology company to purchase up to 2.3% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's board believes its stock is undervalued.

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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