Vestcor Inc Trims Stock Position in Fair Isaac Corporation $FICO

Key Points

• Vestcor Inc trimmed its position by 28.7%, selling 2,753 shares in Q3 and now holds 6,838 FICO shares valued at about $10.23 million.
• FICO beat quarterly estimates with EPS of $7.33 versus $7.08 and revenue of $766 million, and its board authorized a $1.5 billion share buyback (up to ~5.2% of outstanding shares).
• Insider selling and market stance: insiders sold 2,825 shares (~$4.66M) last quarter, institutional investors own 85.75% of the stock, and analysts carry a consensus "Moderate Buy" price target near $1,994.62.

Vestcor Inc trimmed its position in Fair Isaac Corporation (NYSE:FICO - Free Report) by 28.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,838 shares of the technology company's stock after selling 2,753 shares during the quarter. Vestcor Inc's holdings in Fair Isaac were worth $10,233,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in FICO. Heartland Bank & Trust Co lifted its holdings in Fair Isaac by 1.3% in the third quarter. Heartland Bank & Trust Co now owns 464 shares of the technology company's stock valued at $694,000 after acquiring an additional 6 shares during the last quarter. GW&K Investment Management LLC increased its stake in Fair Isaac by 4.6% during the third quarter. GW&K Investment Management LLC now owns 136 shares of the technology company's stock worth $204,000 after acquiring an additional 6 shares during the last quarter. Great Lakes Advisors LLC raised its position in Fair Isaac by 5.7% in the first quarter. Great Lakes Advisors LLC now owns 112 shares of the technology company's stock valued at $207,000 after purchasing an additional 6 shares during the period. Meeder Asset Management Inc. raised its position in Fair Isaac by 66.7% in the third quarter. Meeder Asset Management Inc. now owns 20 shares of the technology company's stock valued at $30,000 after purchasing an additional 8 shares during the period. Finally, Parkside Financial Bank & Trust lifted its stake in shares of Fair Isaac by 5.9% in the 3rd quarter. Parkside Financial Bank & Trust now owns 143 shares of the technology company's stock valued at $214,000 after purchasing an additional 8 shares during the last quarter. Institutional investors and hedge funds own 85.75% of the company's stock.

Fair Isaac Trading Down 0.2%

FICO stock opened at $1,471.53 on Monday. The business's fifty day moving average price is $1,485.53 and its 200 day moving average price is $1,595.72. Fair Isaac Corporation has a 12-month low of $1,193.09 and a 12-month high of $2,217.60. The company has a market capitalization of $34.90 billion, a PE ratio of 54.46, a P/E/G ratio of 1.42 and a beta of 1.28.

Fair Isaac (NYSE:FICO - Get Free Report) last announced its earnings results on Wednesday, January 28th. The technology company reported $7.33 EPS for the quarter, beating 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%.Fair Isaac's revenue for the quarter was up 16.4% on a year-over-year basis. During the same period last year, the business posted $5.79 EPS. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. Research analysts predict that Fair Isaac Corporation will post 24.15 EPS for the current fiscal year.

Fair Isaac announced that its Board of Directors has authorized a stock buyback program on Wednesday, February 25th that authorizes the company to buyback $1.50 billion in outstanding shares. This buyback authorization authorizes the technology company to buy up to 5.2% of its stock through open market purchases. Stock buyback programs are often an indication that the company's board of directors believes its shares are undervalued.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Zacks Research cut Fair Isaac from a "strong-buy" rating to a "hold" rating in a report on Monday, December 1st. The Goldman Sachs Group decreased their target price on shares of Fair Isaac from $2,070.00 to $1,777.00 and set a "buy" rating on the stock in a research report on Monday, February 2nd. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Fair Isaac in a research note on Monday, December 29th. Jefferies Financial Group lifted their price target on shares of 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. Finally, Wells Fargo & Company upped their price objective on shares of Fair Isaac from $2,400.00 to $2,500.00 and gave the stock an "overweight" rating in a report on Wednesday, January 14th. Nine equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, Fair Isaac currently has a consensus rating of "Moderate Buy" and a consensus price target of $1,994.62.

Insider Activity

In other Fair Isaac news, Director Eva Manolis sold 521 shares of the stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $1,825.83, for a total transaction of $951,257.43. Following the sale, the director directly owned 344 shares in the company, valued at $628,085.52. This represents a 60.23% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Joanna Rees sold 358 shares of the firm's stock in a transaction that occurred 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. This represents a 3.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 2,825 shares of company stock valued at $4,657,565. 3.02% of the stock is currently owned by company insiders.

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.

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