Fair Isaac Corporation (FICO) has been featured in numerous recent reports. The company is seeing benefits from its robust portfolio and expanding clientele. FICO's second quarter financial results have been released, revealing a boost in FICO scores and more consistent profits. FICO received 12 patent grants and Analysts see potential undervaluation. Despite the positive news, the firm faces accusations of anti-competitive behavior and is being investigated by several entities. These actions have caused some investors to decrease their positions while other investors, like Advisory Services Network LLC and Franklin Resources Inc, have increased their stakes.
Insider transactions such as EVP Mark R Scadina and Director David Rey selling shares of FICO were disclosed. The second quarter earnings exceeded revenue expectations but missed EPS estimates. There are talks about earnings growth expected in the Q3 reports. Furthermore, FICO's stock repurchase program has been announced. Analysis of their strategic SWOT shows potential in AI automation with Teradata. Yet, concerns are raised about FICO's potential overvaluation despite their monopoly in the credit score market. Regulatory issues have also been highlighted with FICO facing backlash for alleged 'price gouging'.
Fair Isaac Corporation FICO News Analytics from Sun, 11 Aug 2019 07:00:00 GMT to Wed, 29 May 2024 08:50:38 GMT - Rating 5 - Innovation 7 - Information 8 - Rumor 4
