Silvant Capital Management LLC bought a new position in shares of Fair Isaac Corporation (NYSE:FICO – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 39,074 shares of the technology company’s stock, valued at approximately $46,686,000. Fair Isaac comprises 1.4% of Silvant Capital Management LLC’s portfolio, making the stock its 17th largest position.
A number of other hedge funds also recently bought and sold shares of FICO. Northwestern Mutual Wealth Management Co. lifted its position in shares of Fair Isaac by 480,776.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,327,664 shares of the technology company’s stock worth $5,625,815,000 after purchasing an additional 3,326,972 shares during the last quarter. BlackRock Inc. acquired a new stake in Fair Isaac in the 2nd quarter valued at approximately $2,491,517,000. Capital Research Global Investors acquired a new stake in Fair Isaac in the 4th quarter valued at approximately $516,615,000. Norges Bank bought a new position in Fair Isaac in the 4th quarter worth approximately $490,209,000. Finally, Bank of New York Mellon Corp bought a new position in Fair Isaac in the 2nd quarter worth approximately $152,357,000. 85.75% of the stock is currently owned by institutional investors.
Insider Buying and Selling at Fair Isaac
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 sale, the director directly owned 498 shares in the company, valued at approximately $697,200. The trade was a 66.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 3.02% of the company’s stock.
Wall Street Analyst Weigh In
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Fair Isaac Price Performance
Shares of FICO stock opened at $1,147.03 on Friday. The stock has a market cap of $24.78 billion, a P/E ratio of 33.13, a price-to-earnings-growth ratio of 1.04 and a beta of 1.30. Fair Isaac Corporation has a one year low of $870.01 and a one year high of $1,998.01. The stock has a fifty day moving average price of $1,173.27 and a 200 day moving average price of $1,183.74.
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 for the quarter, topping analysts’ consensus estimates of $11.76 by $0.42. The firm had revenue of $674.19 million for 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%. The business’s revenue was up 25.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $8.57 earnings per share. 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 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.
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