Yeomans Consulting Group Inc. Invests in Fair Isaac Co. (NYSE:FICO)

Yeomans Consulting Group Inc. has recently taken a significant step by purchasing a new stake in Fair Isaac Co. (NYSE:FICO) during the third quarter. This was revealed in the firm's latest filing with the SEC. Yeomans Consulting acquired 280 shares of this technology company, with the transaction valued at around $544,000.

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In addition to Yeomans, several other institutional investors and hedge funds have also been active in trading Fair Isaac shares. For instance, Baker Tilly Wealth Management LLC increased its holdings in Fair Isaac by 32.7% during the third quarter. After acquiring an additional 55 shares, Baker Tilly now owns 223 shares, valued at approximately $433,000. Similarly, Tributary Capital Management LLC made a new investment in Fair Isaac, valued at around $233,000 in the same quarter. Cavalier Investments LLC also raised its position by 4.6%, bringing its total to 1,582 shares worth about $3,075,000 after adding 69 additional shares. J.W. Cole Advisors Inc. raised its holdings by a notable 82.6% during the third quarter, now owning 314 shares valued at $610,000 after purchasing an extra 142 shares. Lastly, Frank Rimerman Advisors LLC also entered a new position in Fair Isaac worth approximately $202,000. Currently, 85.75% of Fair Isaac’s stock is owned by hedge funds and institutional investors.

Fair Isaac Stock Performance

On Monday, Fair Isaac shares experienced a 0.2% increase, trading up by $3.10 to reach $2,003.07. During this trading session, 16,521 shares changed hands, compared to an average volume of 170,472 shares. Fair Isaac has seen a 52-week low of $831.55 and a high of $2,103.70, with a market capitalization of $49.12 billion. The company has a PE ratio of 105.15, a PEG ratio of 3.75, and a beta of 1.35. Currently, its 50-day moving average price is $1,882.25, while the 200-day moving average stands at $1,584.66.

The latest earnings report from Fair Isaac was released on July 31st. The company reported earnings of $4.99 per share, which fell short of the analysts' expectations of $5.33 by $0.34. Fair Isaac posted a net margin of 28.94% but had a negative return on equity of 60.67%. With revenue amounting to $447.85 million for that quarter, it slightly missed the consensus estimate of $448.53 million. Analysts predict that Fair Isaac will post an EPS of 19.33 for the current fiscal year.

On July 30th, the Board of Directors at Fair Isaac announced a share repurchase plan, allowing the company to buy back up to $1.00 billion in outstanding shares. This plan authorizes Fair Isaac to repurchase as much as 2.6% of its shares through open market operations, which suggests that the board believes the shares are undervalued.

Insider Transactions

In related insider news, Director James Kirsner sold 3,000 shares of Fair Isaac stock on August 7th at an average price of $1,697.06, resulting in a total sale of $5,091,180. After this transaction, Kirsner holds 13,002 shares valued at approximately $22,065,174. In a similar move, CFO Steven P. Weber sold 1,800 shares on August 9th for an average price of $1,735.00, totaling about $3,123,000. Following the sale, Weber now retains 575 shares, worth about $997,625. Over the last three months, insiders have sold a total of 15,261 shares, generating $26,291,370. Currently, insiders own approximately 3.54% of the company’s stock.

Analyst Ratings Update

Recent updates from several brokerages have provided new price targets for Fair Isaac shares. Oppenheimer increased their price target from $1,967.00 to $2,109.00, rating the stock as "outperform" on October 8th. Needham & Company raised their target from $1,500.00 to $1,850.00, marking the stock as a "buy" on August 1st. Goldman Sachs adjusted their target from $1,879.00 to $2,130.00, also giving it a "buy" rating on October 2nd. Similarly, Royal Bank of Canada raised their target from $1,350.00 to $1,500.00, providing a "sector perform" rating on the same day. Robert W. Baird boosted their price target from $1,264.00 to $1,700.00 on August 1st. Currently, the consensus rating for Fair Isaac stands at "Moderate Buy" with a consensus target price of $1,787.08.

About Fair Isaac Corporation

Fair Isaac Corporation specializes in developing analytics, software, and digital decision-making technologies that help businesses automate and enhance their decision-making processes globally. The company operates in two main segments: Scores and Software. The Software division offers pre-configured analytic solutions designed for various business processes, including customer management, fraud detection, and financial crimes compliance.

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