Investment activities have been notable regarding Fair Isaac Co. (NYSE:FICO) with Mather Group LLC and SageView Advisory Group LLC acquiring stakes, while First Hawaiian Bank and Northern Trust Corp have decreased theirs. FICO's credit score product had a price increase and a stock repurchase program was announced. Positive analysis underlines FICO's solid portfolio and expanding clientele. However, points of concern included a call from Hawley to investigate anti-competitive practices, the U.S. average FICO credit score dropping, and insider stock sales.
Performance reports indicate Q2 earnings beat estimates, and revenues increased, but missed on EPS estimates. There were mixed reviews regarding FICO's valuation and stock growth. FICO's technology was utilized by Toyota Motor Europe for vehicle processing optimization and FICO's partnership with Belvo is expected to expand credit access. Finally, there are ongoing discussions of FICO's heavy influence in the credit market and their high revenue generation from credit scores.
Fair Isaac Corporation FICO News Analytics from Sun, 11 Aug 2019 07:00:00 GMT to Sun, 23 Jun 2024 18:09:55 GMT - Rating 5 - Innovation 3 - Information 7 - Rumor 0
