California Public Employees Retirement System Sells 1,208 Shares of Fair Isaac Corporation $FICO

California Public Employees Retirement System lowered its stake in Fair Isaac Corporation (NYSE:FICO) by 3.0% during the first quarter, Holdings Channel.com reports. The fund owned 39,208 shares of the technology company’s stock after selling 1,208 shares during the period. California Public Employees Retirement System’s holdings in Fair Isaac were worth $41,856,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bayban bought a new position in Fair Isaac in the fourth quarter valued at approximately $25,000. Physician Wealth Advisors Inc. increased its position in shares of Fair Isaac by 166.7% during the 4th quarter. Physician Wealth Advisors Inc. now owns 16 shares of the technology company’s stock worth $27,000 after purchasing an additional 10 shares during the last quarter. Torren Management LLC bought a new stake in shares of Fair Isaac during the 4th quarter worth approximately $30,000. Rakuten Securities Inc. raised its stake in shares of Fair Isaac by 100.0% during the 2nd quarter. Rakuten Securities Inc. now owns 24 shares of the technology company’s stock worth $44,000 after purchasing an additional 12 shares in the last quarter. Finally, Elyxium Wealth LLC acquired a new stake in shares of Fair Isaac in the 4th quarter valued at approximately $42,000. Institutional investors own 85.75% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Mizuho initiated coverage on shares of Fair Isaac in a research note on Thursday, April 16th. They issued an “outperform” rating and a $1,416.00 target price for the company. UBS Group upped their price target on shares of Fair Isaac from $1,250.00 to $1,270.00 and gave the stock a “neutral” rating in a research report on Thursday, July 2nd. JPMorgan Chase & Co. cut their price target on shares of Fair Isaac from $1,325.00 to $1,225.00 and set a “neutral” rating for the company in a research note on Thursday, April 30th. Jefferies Financial Group lowered their price objective on shares of Fair Isaac from $1,800.00 to $1,700.00 and set a “buy” rating on the stock in a research note on Monday, May 4th. Finally, Wall Street Zen cut shares of Fair Isaac from a “buy” rating to a “hold” rating in a report on Sunday, June 28th. Ten research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, Fair Isaac presently has an average rating of “Moderate Buy” and a consensus price target of $1,627.93.

Fair Isaac Stock Up 0.5%

Shares of FICO stock opened at $1,263.92 on Tuesday. Fair Isaac Corporation has a 12-month low of $870.01 and a 12-month high of $1,998.01. The company has a market capitalization of $29.31 billion, a PE ratio of 40.04, a price-to-earnings-growth ratio of 1.12 and a beta of 1.29. The firm has a 50 day moving average price of $1,201.49 and a two-hundred day moving average price of $1,255.76.

Fair Isaac (NYSE:FICO) last posted its earnings results on Tuesday, April 28th. The technology company reported $12.50 EPS for the quarter, beating the consensus estimate of $11.03 by $1.47. The company had revenue of $691.68 million for the quarter, compared to the consensus estimate of $630.21 million. Fair Isaac had a negative return on equity of 41.04% and a net margin of 33.67%.The firm’s revenue for the quarter was up 38.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $7.81 earnings per share. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. As a group, research analysts expect that Fair Isaac Corporation will post 38 EPS for the current year.

Fair Isaac Company 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.