Petrus Trust Company LTA Invests $30.43 Million in Fair Isaac Corporation $FICO

Petrus Trust Company LTA purchased a new position in shares of Fair Isaac Corporation (NYSE:FICO) during the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 25,470 shares of the technology company’s stock, valued at approximately $30,431,000. Fair Isaac accounts for about 2.9% of Petrus Trust Company LTA’s investment portfolio, making the stock its 11th biggest holding.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE grew its stake in shares of Fair Isaac by 5.7% during the 1st quarter. Bank of America Corp DE now owns 133,448 shares of the technology company’s stock worth $142,461,000 after acquiring an additional 7,154 shares during the period. Soltis Investment Advisors LLC purchased a new stake in Fair Isaac during the fourth quarter valued at about $2,379,000. Brighton Jones LLC boosted its position in Fair Isaac by 168.7% during the fourth quarter. Brighton Jones LLC now owns 481 shares of the technology company’s stock worth $958,000 after purchasing an additional 302 shares during the period. Titan Global Capital Management USA LLC increased its stake in shares of Fair Isaac by 42.6% in the fourth quarter. Titan Global Capital Management USA LLC now owns 7,993 shares of the technology company’s stock worth $13,513,000 after purchasing an additional 2,387 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Fair Isaac in the second quarter worth about $67,760,000. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. UBS Group lowered their target price on shares of Fair Isaac from $1,200.00 to $1,130.00 and set a “neutral” rating on the stock in a report on Wednesday, August 12th. Royal Bank Of Canada cut their target price on Fair Isaac from $2,400.00 to $1,525.00 and set an “outperform” rating for the company in a research note on Thursday, July 30th. Jefferies Financial Group set a $1,675.00 target price on Fair Isaac in a report on Monday, August 3rd. JPMorgan Chase & Co. lowered their price target on shares of Fair Isaac from $1,325.00 to $1,225.00 and set a “neutral” rating on the stock in a report on Thursday, April 30th. Finally, Needham & Company LLC restated a “buy” rating and set a $1,650.00 price target on shares of Fair Isaac in a research report on Thursday, July 30th. Eleven analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $1,553.69.

Insiders Place Their Bets

In other Fair Isaac news, Director Eva Manolis sold 967 shares of the company’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $1,400.00, for a total value of $1,353,800.00. Following the completion of the sale, the director owned 498 shares of the company’s stock, valued at $697,200. This represents a 66.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.02% of the stock is owned by insiders.

Fair Isaac Stock Performance

Fair Isaac stock opened at $1,132.75 on Thursday. Fair Isaac Corporation has a fifty-two week low of $870.01 and a fifty-two week high of $1,998.01. The stock has a market cap of $24.47 billion, a P/E ratio of 32.72, a price-to-earnings-growth ratio of 1.02 and a beta of 1.30. The firm’s fifty day moving average price is $1,172.07 and its 200-day moving average price is $1,177.39.

Fair Isaac (NYSE:FICO) last released its earnings results on Wednesday, July 29th. The technology company reported $12.18 EPS for the quarter, beating analysts’ consensus estimates of $11.76 by $0.42. Fair Isaac had a negative return on equity of 32.51% and a net margin of 34.05%.The business had revenue of $674.19 million for the quarter, compared to analysts’ expectations of $679.17 million. During the same quarter in the prior year, the firm earned $8.57 earnings per share. The firm’s revenue was up 25.7% on a year-over-year basis. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. On average, analysts predict that Fair Isaac Corporation will post 37.37 earnings per share for the current year.

About Fair Isaac

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.