Crew Capital Management Ltd. Sells 375 Shares of Fair Isaac Corporation $FICO

Crew Capital Management Ltd. cut its holdings in Fair Isaac Corporation (NYSE:FICO) by 75.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 124 shares of the technology company’s stock after selling 375 shares during the quarter. Crew Capital Management Ltd.’s holdings in Fair Isaac were worth $227,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Meeder Asset Management Inc. boosted its stake in Fair Isaac by 41.7% in the first quarter. Meeder Asset Management Inc. now owns 17 shares of the technology company’s stock valued at $31,000 after acquiring an additional 5 shares during the last quarter. Baker Avenue Asset Management LP boosted its stake in Fair Isaac by 4.6% in the first quarter. Baker Avenue Asset Management LP now owns 113 shares of the technology company’s stock valued at $209,000 after acquiring an additional 5 shares during the last quarter. City Holding Co. boosted its stake in Fair Isaac by 11.3% in the first quarter. City Holding Co. now owns 59 shares of the technology company’s stock valued at $109,000 after acquiring an additional 6 shares during the last quarter. Valeo Financial Advisors LLC boosted its position in shares of Fair Isaac by 4.4% during the first quarter. Valeo Financial Advisors LLC now owns 142 shares of the technology company’s stock worth $262,000 after purchasing an additional 6 shares in the last quarter. Finally, Forum Financial Management LP boosted its position in shares of Fair Isaac by 2.2% during the first quarter. Forum Financial Management LP now owns 275 shares of the technology company’s stock worth $507,000 after purchasing an additional 6 shares in the last quarter. 85.75% of the stock is owned by institutional investors.

Fair Isaac Stock Performance

Shares of FICO stock opened at $1,543.62 on Tuesday. The company has a market capitalization of $37.05 billion, a price-to-earnings ratio of 60.37, a PEG ratio of 2.88 and a beta of 1.35. The company has a 50-day simple moving average of $1,465.11 and a 200 day simple moving average of $1,713.64. 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) last announced its earnings results on Wednesday, July 30th. The technology company reported $8.57 EPS for the quarter, topping the consensus estimate of $7.75 by $0.82. The business had revenue of $536.42 million during the quarter, compared to the consensus estimate of $520.40 million. Fair Isaac had a net margin of 32.80% and a negative return on equity of 48.88%. Fair Isaac’s revenue was up 19.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $6.25 EPS. Fair Isaac has set its FY 2025 guidance at 29.150-29.150 EPS. Sell-side analysts forecast that Fair Isaac Corporation will post 24.15 EPS for the current year.

Fair Isaac announced that its board has initiated a share buyback plan on Thursday, June 19th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the technology company to buy up to 2.3% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s leadership believes its stock is undervalued.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Wells Fargo & Company reduced their price target on shares of Fair Isaac from $2,600.00 to $2,300.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 9th. Baird R W raised shares of Fair Isaac from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 28th. Griffin Securities set a $1,800.00 price target on shares of Fair Isaac in a research report on Monday, August 18th. Oppenheimer reduced their price target on shares of Fair Isaac from $2,300.00 to $1,953.00 and set an “outperform” rating on the stock in a research report on Thursday, July 31st. Finally, Robert W. Baird raised shares of Fair Isaac from a “neutral” rating to an “outperform” rating and reduced their price target for the stock from $2,021.00 to $1,900.00 in a research report on Wednesday, May 28th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Fair Isaac presently has a consensus rating of “Moderate Buy” and a consensus price target of $2,101.71.

Insider Transactions at Fair Isaac

In other Fair Isaac news, CEO William J. Lansing sold 6,011 shares of the business’s stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $1,537.50, for a total value of $9,241,912.50. Following the completion of the sale, 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 document filed with the SEC, which is available at the SEC website. Over the last ninety days, insiders have sold 18,032 shares of company stock valued at $28,153,015. Insiders own 3.46% of the company’s stock.

Fair Isaac Company Profile

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.