Vestcor Inc Decreases Position in Fair Isaac Corporation $FICO

by · The Cerbat Gem

Vestcor Inc lessened its stake in shares of Fair Isaac Corporation (NYSE:FICO – Free Report) by 25.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,067 shares of the technology company’s stock after selling 1,771 shares during the quarter. Vestcor Inc’s holdings in Fair Isaac were worth $8,566,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Physician Wealth Advisors Inc. boosted its holdings 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 valued at $27,000 after acquiring an additional 10 shares during the last quarter. Torren Management LLC purchased a new stake in shares of Fair Isaac during the 4th quarter valued at about $30,000. Cornerstone Planning Group LLC boosted its holdings in shares of Fair Isaac by 280.0% during the 3rd quarter. Cornerstone Planning Group LLC now owns 19 shares of the technology company’s stock valued at $30,000 after acquiring an additional 14 shares during the last quarter. Rakuten Securities Inc. boosted its holdings 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 valued at $44,000 after acquiring an additional 12 shares during the last quarter. Finally, Elyxium Wealth LLC purchased a new stake in shares of Fair Isaac during the 4th quarter valued at about $42,000. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Fair Isaac Trading Down 2.2%

FICO opened at $1,140.90 on Friday. The company has a market cap of $26.46 billion, a price-to-earnings ratio of 36.14, a PEG ratio of 1.03 and a beta of 1.28. The company’s 50 day moving average is $1,104.45 and its 200 day moving average is $1,381.60. Fair Isaac Corporation has a 12-month low of $870.01 and a 12-month high of $1,998.01.

Fair Isaac (NYSE:FICO – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The technology company reported $12.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 net margin of 33.67% and a negative return on equity of 41.04%. The firm’s revenue was up 38.7% compared to the same quarter last year. During the same quarter last year, the firm posted $7.81 earnings per share. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. As a group, analysts predict that Fair Isaac Corporation will post 38.06 EPS for the current fiscal year.

Fair Isaac declared that its board has initiated a share repurchase program on Wednesday, February 25th that allows the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization allows the technology company to buy up to 5.2% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s management believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on FICO shares. UBS Group dropped their price target on shares of Fair Isaac from $1,200.00 to $1,150.00 and set a “neutral” rating on the stock in a report on Thursday, April 23rd. The Goldman Sachs Group dropped their price target on shares of Fair Isaac from $1,770.00 to $1,528.00 and set a “buy” rating on the stock in a report on Thursday, April 2nd. Needham & Company LLC dropped their price target on shares of Fair Isaac from $1,975.00 to $1,650.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Barclays dropped their price target on shares of Fair Isaac from $2,400.00 to $1,950.00 and set an “overweight” rating on the stock in a report on Friday, April 10th. Finally, Raymond James Financial reissued an “outperform” rating and issued a $1,750.00 price objective on shares of Fair Isaac in a report on Wednesday, April 29th. Ten investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $1,619.36.

Check Out Our Latest Report on FICO

Fair Isaac Company Profile

(Free Report)

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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