XXEC Inc. Invests $32.20 Million in Fair Isaac Corporation $FICO

Key Points

• XXEC Inc. acquired 27,534 FICO shares worth approximately $32.2 million during the second quarter, representing about 0.13% of Fair Isaac and its 16th-largest portfolio holding.
• Institutional investors own 85.75% of FICO, while a company director sold 967 shares for approximately $1.35 million under a pre-arranged Rule 10b5-1 plan.
• FICO reported quarterly EPS of $12.18, exceeding estimates, while revenue rose 25.7% year over year. Analysts maintain a “Moderate Buy” consensus with an average price target of $1,553.69.

XXEC Inc. acquired a new stake in Fair Isaac Corporation (NYSE:FICO - Free Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 27,534 shares of the technology company's stock, valued at approximately $32,201,000. Fair Isaac comprises about 0.0% of XXEC Inc.'s investment portfolio, making the stock its 16th biggest position. XXEC Inc. owned approximately 0.13% of Fair Isaac as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of FICO. Capstone Investment Advisors LLC acquired a new position in Fair Isaac in the second quarter valued at $302,000. Proficio Capital Partners LLC acquired a new stake in Fair Isaac during the 2nd quarter worth about $216,000. Corient Private Wealth LP bought a new position in shares of Fair Isaac in the 2nd quarter worth about $7,403,000. Petrus Trust Company LTA bought a new position in shares of Fair Isaac in the 2nd quarter worth about $30,431,000. Finally, Philadelphia Financial Management of San Francisco LLC acquired a new position in shares of Fair Isaac in the 2nd quarter valued at about $8,769,685,000. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Eva Manolis sold 967 shares of Fair Isaac stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $1,400.00, for a total transaction of $1,353,800.00. Following the completion of the transaction, the director directly owned 498 shares in the company, valued at $697,200. This trade represents a 66.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available 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.

Wall Street Analysts Forecast Growth

FICO has been the subject of several recent analyst reports. Bank of America decreased their target price on Fair Isaac from $1,550.00 to $1,400.00 and set a "buy" rating for the company in a research note on Tuesday, May 19th. Wall Street Zen cut Fair Isaac from a "buy" rating to a "hold" rating in a report on Sunday, June 28th. Royal Bank Of Canada reduced their price objective on shares of Fair Isaac from $2,400.00 to $1,525.00 and set an "outperform" rating for the company in a research report on Thursday, July 30th. Needham & Company LLC reiterated a "buy" rating and issued a $1,650.00 price objective on shares of Fair Isaac in a research note on Thursday, July 30th. Finally, UBS Group cut their target price on shares of Fair Isaac from $1,200.00 to $1,130.00 and set a "neutral" rating on the stock in a research note on Wednesday, August 12th. Eleven equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $1,553.69.

Fair Isaac Stock Up 2.1%

Shares of NYSE:FICO opened at $1,157.46 on Friday. Fair Isaac Corporation has a twelve month low of $870.01 and a twelve month high of $1,998.01. The stock's 50 day moving average is $1,173.27 and its 200-day moving average is $1,175.74. The firm has a market capitalization of $25.00 billion, a price-to-earnings ratio of 33.43, a PEG ratio of 1.02 and a beta of 1.30.

Fair Isaac (NYSE:FICO - Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The technology company reported $12.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $11.76 by $0.42. The business had revenue of $674.19 million during the quarter, compared to the consensus estimate of $679.17 million. Fair Isaac had a net margin of 34.05% and a negative return on equity of 32.51%. Fair Isaac's revenue was up 25.7% compared to the same quarter last year. During the same quarter last year, the firm posted $8.57 EPS. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. Equities research analysts anticipate that Fair Isaac Corporation will post 37.37 earnings per share for the current fiscal year.

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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