Signaturefd LLC Has $1.05 Million Stock Holdings in Fair Isaac Corporation $FICO

Signaturefd LLC lessened its holdings in Fair Isaac Corporation (NYSE:FICO) by 2.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 574 shares of the technology company’s stock after selling 12 shares during the period. Signaturefd LLC’s holdings in Fair Isaac were worth $1,049,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of FICO. Brighton Jones LLC boosted its position in shares of Fair Isaac by 168.7% in the fourth quarter. Brighton Jones LLC now owns 481 shares of the technology company’s stock worth $958,000 after buying an additional 302 shares during the period. Two Sigma Investments LP boosted its position in Fair Isaac by 2.9% during the fourth quarter. Two Sigma Investments LP now owns 1,142 shares of the technology company’s stock valued at $2,274,000 after purchasing an additional 32 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its position in Fair Isaac by 17.2% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 102 shares of the technology company’s stock valued at $188,000 after purchasing an additional 15 shares during the last quarter. Versant Capital Management Inc boosted its position in Fair Isaac by 270.8% during the first quarter. Versant Capital Management Inc now owns 89 shares of the technology company’s stock valued at $164,000 after purchasing an additional 65 shares during the last quarter. Finally, Parallel Advisors LLC boosted its position in Fair Isaac by 5.2% during the first quarter. Parallel Advisors LLC now owns 522 shares of the technology company’s stock valued at $962,000 after purchasing an additional 26 shares during the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Insider Transactions at Fair Isaac

In related news, CEO William J. Lansing sold 6,011 shares of the business’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 directly owned 42,138 shares in the company, valued at $64,787,175. The trade was a 12.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders sold 18,032 shares of company stock worth $28,153,015 in the last 90 days. Insiders own 3.46% of the company’s stock.

Fair Isaac Stock Performance

Fair Isaac stock opened at $1,518.77 on Monday. The business’s 50-day simple moving average is $1,465.98 and its 200-day simple moving average is $1,708.12. The firm has a market capitalization of $36.45 billion, a PE ratio of 59.40, a PEG ratio of 2.96 and a beta of 1.35. 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 posted its quarterly earnings data on Wednesday, July 30th. The technology company reported $8.57 EPS for the quarter, topping analysts’ consensus estimates of $7.75 by $0.82. The business had revenue of $536.42 million for the quarter, compared to analyst estimates of $520.40 million. Fair Isaac had a negative return on equity of 48.88% and a net margin of 32.80%.The firm’s revenue for the quarter was up 19.8% on a year-over-year basis. During the same period in the previous year, the company posted $6.25 earnings per share. Fair Isaac has set its FY 2025 guidance at 29.150-29.150 EPS. Research analysts forecast that Fair Isaac Corporation will post 24.15 earnings per share for the current year.

Fair Isaac declared that its Board of Directors has initiated a stock repurchase plan on Thursday, June 19th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the technology company to repurchase up to 2.3% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s leadership believes its stock is undervalued.

Wall Street Analysts Forecast Growth

FICO has been the subject of a number of research reports. Jefferies Financial Group reissued a “buy” rating on shares of Fair Isaac in a research report on Thursday, July 17th. Needham & Company LLC reduced their price objective on Fair Isaac from $2,575.00 to $1,950.00 and set a “buy” rating for the company in a research report on Wednesday, July 16th. UBS Group boosted their price target on Fair Isaac from $1,590.00 to $1,640.00 and gave the stock a “neutral” rating in a research report on Monday, September 15th. BMO Capital Markets boosted their price target on Fair Isaac from $1,650.00 to $1,800.00 and gave the stock an “outperform” rating in a research report on Monday, August 18th. Finally, Barclays reduced their price target on Fair Isaac from $2,250.00 to $2,000.00 and set an “overweight” rating for the company in a research report on Wednesday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $2,101.71.

Fair Isaac 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.