GCQ FUNDS MANAGEMENT PTY Ltd Purchases New Stake in Fair Isaac Corporation $FICO

GCQ FUNDS MANAGEMENT PTY Ltd acquired a new position in shares of Fair Isaac Corporation (NYSE:FICO) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 47,237 shares of the technology company’s stock, valued at approximately $70,692,000. Fair Isaac makes up 10.7% of GCQ FUNDS MANAGEMENT PTY Ltd’s holdings, making the stock its 4th biggest holding. GCQ FUNDS MANAGEMENT PTY Ltd owned about 0.20% of Fair Isaac at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the company. Brighton Jones LLC grew its stake in shares of Fair Isaac by 168.7% in the 4th quarter. Brighton Jones LLC now owns 481 shares of the technology company’s stock valued at $958,000 after buying an additional 302 shares during the period. Great Lakes Advisors LLC lifted its holdings in shares of Fair Isaac by 5.7% in the 1st quarter. Great Lakes Advisors LLC now owns 112 shares of the technology company’s stock worth $207,000 after acquiring an additional 6 shares during the last quarter. Woodline Partners LP boosted its position in shares of Fair Isaac by 46.1% during the 1st quarter. Woodline Partners LP now owns 2,138 shares of the technology company’s stock worth $3,943,000 after purchasing an additional 675 shares during the period. AlphaQuest LLC boosted its position in shares of Fair Isaac by 512.0% during the second quarter. AlphaQuest LLC now owns 306 shares of the technology company’s stock worth $559,000 after buying an additional 256 shares during the period. Finally, Envestnet Asset Management Inc. grew its stake in shares of Fair Isaac by 20.7% in the second quarter. Envestnet Asset Management Inc. now owns 47,729 shares of the technology company’s stock valued at $87,247,000 after buying an additional 8,199 shares in the last quarter. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Fair Isaac Price Performance

FICO opened at $1,303.08 on Thursday. Fair Isaac Corporation has a 12 month low of $1,193.09 and a 12 month high of $2,217.60. The stock has a market capitalization of $30.91 billion, a P/E ratio of 48.23, a P/E/G ratio of 1.18 and a beta of 1.27. The business has a 50 day simple moving average of $1,528.01 and a 200-day simple moving average of $1,589.12.

Fair Isaac (NYSE:FICO) last released its quarterly earnings data on Wednesday, January 28th. The technology company reported $7.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.08 by $0.25. The firm 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 was up 16.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $5.79 earnings per share. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. Research analysts anticipate that Fair Isaac Corporation will post 24.15 EPS for the current year.

Fair Isaac announced that its board has approved a share buyback program on Wednesday, February 25th that permits the company to buyback $1.50 billion in outstanding shares. This buyback authorization permits the technology company to purchase up to 5.2% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s board believes its shares are undervalued.

Analysts Set New Price Targets

A number of brokerages recently weighed in on FICO. Weiss Ratings restated a “hold (c+)” rating on shares of Fair Isaac in a report on Monday, December 29th. Bank of America started coverage on Fair Isaac in a research note on Tuesday, February 17th. They issued a “buy” rating and a $1,900.00 price target on the stock. Robert W. Baird raised their price objective on Fair Isaac from $1,900.00 to $1,960.00 and gave the stock an “outperform” rating in a report on Thursday, November 6th. Needham & Company LLC reiterated a “buy” rating on shares of Fair Isaac in a research note on Thursday. Finally, 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 for the company in a research note on Monday, February 2nd. Nine investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,994.62.

Insider Buying and Selling

In related news, Director Joanna Rees sold 358 shares of the business’s stock in a transaction dated 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 sale, the director owned 11,204 shares of the company’s stock, valued at approximately $15,237,440. The trade was a 3.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Eva Manolis sold 521 shares of the stock in a transaction dated 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 completion of the transaction, the director directly owned 344 shares of the company’s stock, valued at approximately $628,085.52. This trade represents a 60.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 2,305 shares of company stock valued at $4,019,197. Corporate insiders own 3.02% of the company’s stock.

Fair Isaac Profile

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.