Sequoia Financial Advisors LLC Acquires 68 Shares of Fair Isaac Corporation $FICO

Sequoia Financial Advisors LLC lifted its holdings in shares of Fair Isaac Corporation (NYSE:FICO) by 11.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 649 shares of the technology company’s stock after purchasing an additional 68 shares during the period. Sequoia Financial Advisors LLC’s holdings in Fair Isaac were worth $1,187,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in FICO. ORG Partners LLC bought a new stake in shares of Fair Isaac during the second quarter worth $27,000. Hilltop National Bank bought a new stake in shares of Fair Isaac during the second quarter worth $27,000. Geo Capital Gestora de Recursos Ltd bought a new stake in shares of Fair Isaac during the first quarter worth $28,000. N.E.W. Advisory Services LLC bought a new stake in shares of Fair Isaac during the first quarter worth $30,000. Finally, Meeder Asset Management Inc. grew its holdings in shares of Fair Isaac by 41.7% during the first quarter. Meeder Asset Management Inc. now owns 17 shares of the technology company’s stock worth $31,000 after purchasing an additional 5 shares during the last quarter. Institutional investors own 85.75% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on FICO. Jefferies Financial Group restated a “buy” rating on shares of Fair Isaac in a report on Thursday, July 17th. Needham & Company LLC restated a “buy” rating and set a $1,950.00 target price on shares of Fair Isaac in a research report on Thursday, October 2nd. Wells Fargo & Company upped their target price on shares of Fair Isaac from $2,300.00 to $2,400.00 and gave the company an “overweight” rating in a research report on Tuesday. Zacks Research upgraded shares of Fair Isaac from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 7th. Finally, UBS Group upped their target price on shares of Fair Isaac from $1,590.00 to $1,640.00 and gave the company a “neutral” rating in a research report on Monday, September 15th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $2,137.43.

Fair Isaac Trading Down 0.4%

Shares of FICO opened at $1,614.22 on Friday. Fair Isaac Corporation has a 1 year low of $1,300.00 and a 1 year high of $2,402.51. The stock has a market cap of $38.74 billion, a P/E ratio of 63.13, a price-to-earnings-growth ratio of 1.74 and a beta of 1.35. The stock’s 50-day moving average price is $1,533.05 and its two-hundred day moving average price is $1,691.24.

Fair Isaac (NYSE:FICO) last issued its earnings results on Wednesday, July 30th. The technology company reported $8.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $520.40 million. During the same quarter last year, the business earned $6.25 earnings per share. The company’s revenue was up 19.8% compared to the same quarter last year. Fair Isaac has set its FY 2025 guidance at 29.150-29.150 EPS. As a group, equities analysts forecast that Fair Isaac Corporation will post 24.15 EPS for the current year.

Insider Transactions at Fair Isaac

In other Fair Isaac news, CEO William J. Lansing sold 6,011 shares of the firm’s stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $1,537.50, for a total transaction of $9,241,912.50. Following the transaction, the chief executive officer owned 42,138 shares in the company, valued at approximately $64,787,175. This trade represents a 12.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold a total of 18,032 shares of company stock worth $28,094,085 in the last quarter. 3.46% of the stock is currently owned by company insiders.

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.