Vanguard Amends FICO Stake, Signals Continued Institutional Confidence

TL;DR

**Vanguard still holds a big chunk of FICO, good sign for the stock.**

AI Summary

The Vanguard Group, a major investment firm, filed an amended SC 13G/A on February 13, 2024, disclosing its ownership in Fair Isaac Corp (FICO) as of December 29, 2023. This filing indicates that Vanguard holds a significant stake in FICO, a company known for its credit scoring system. For investors, this matters because large institutional ownership by entities like Vanguard can signal confidence in the company's long-term prospects and often provides a degree of stability to the stock.

Why It Matters

This filing shows that a major institutional investor, The Vanguard Group, maintains a significant position in Fair Isaac Corp, which can be a positive signal for current and prospective shareholders.

Risk Assessment

Risk Level: low — This filing is routine for large institutional investors and does not indicate any immediate negative risks for Fair Isaac Corp.

Analyst Insight

An investor should note that a major institutional holder like Vanguard maintains a position in FICO, suggesting continued confidence, but this filing alone doesn't provide new information on their current buying or selling activity beyond the December 29, 2023 snapshot.

Key Players & Entities

• The Vanguard Group (company) — reporting person and major institutional investor
• Fair Isaac Corp (company) — issuer of the common stock
• December 29, 2023 (date) — date of event requiring the filing
• February 13, 2024 (date) — filing date of the SC 13G/A

FAQ

From the Filing

0001104659-24-020906.txt : 20240213 0001104659-24-020906.hdr.sgml : 20240213 20240213170434 ACCESSION NUMBER: 0001104659-24-020906 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240213 DATE AS OF CHANGE: 20240213 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FAIR ISAAC CORP CENTRAL INDEX KEY: 0000814547 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 941499887 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-39117 FILM NUMBER: 24628295 BUSINESS ADDRESS: STREET 1: 5 WEST MENDENHALL STREET 2: SUITES 105 CITY: BOZEMAN STATE: MT ZIP: 59715 BUSINESS PHONE: (406) 982-7276 MAIL ADDRESS: STREET 1: 5 WEST MENDENHALL STREET 2: SUITES 105 CITY: BOZEMAN STATE: MT ZIP: 59715 FORMER COMPANY: FORMER CONFORMED NAME: FAIR ISAAC & COMPANY INC DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: VANGUARD GROUP INC CENTRAL INDEX KEY: 0000102909 ORGANIZATION NAME: IRS NUMBER: 231945930 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482-2600 BUSINESS PHONE: 6106691000 MAIL ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482-2600 SC 13G/A 1 tv0906-fairisaaccorp.htm SCHEDULE 13G/A fairisaaccorp SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No.: 14)* Name of issuer:  Fair Isaac Corp Title of Class of Securities:  Common Stock CUSIP Number:  303250104 Date of Event Which Requires Filing of this Statement: December 29, 2023 Check the appropriate box to designate the rule pursuant to which this Schedule is filed: ☒ Rule 13d-1(b) ☐ Rule 13d-1(c) ☐ Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). (Continued on the following page(s))     13G CUSIP No.:  303250104 1.  NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON The Vanguard Group - 23-1945930 2.  CHECK THE APPROPRIATE [LINE] IF A MEMBER OF A GROUP A.  B.  X 3.  SEC USE ONLY 4.  CITIZENSHIP OF PLACE OF ORGANIZATION Pennsylvania (For questions 5-8, report the number of shares beneficially owned by each reporting person with:) 5.  SOLE VOTING POWER 0 6.  SHARED VOTING POWER 32,947 7.  SOLE DISPOSITIVE POWER 2,714,660 8.  SHARED DISPOSITIVE POWER 105,852 9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,820,512 10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES N/A 11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 11.41% 12.  TYPE OF REPORTING PERSON IA     SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Act of 1934 Item 1(a) - Name of Issuer: Fair Isaac Corp Item 1(b) - Address of Issuer's Principal Executive Offices: 5 West Mendenhall, Suite 105 Bozeman, MT 59715 Item 2(a) - Name of Person Filing: The Vanguard Group - 23-1945930 Item 2(b) – Address of Principal Business Office or, if none, residence: 100 Vanguard Blvd. Malvern, PA 19355 Item 2(c) – Citizenship: Pennsylvania It