Franklin Resources Trims FICO Stake as Company Launches $1.5B Buyback
Key Facts
As major financial institutions continue to rebalance their portfolios, Franklin Resources Inc. reduced its stake in Fair Isaac Corporation by 11.9% during the fourth quarter, selling 18,287 shares. The remaining stake held by Franklin Resources is valued at approximately $229 million following the transaction. Simultaneously, Fair Isaac Corporation announced a massive $1.5 billion stock repurchase plan, fueled by strong earnings results that exceeded market expectations.
This institutional move comes amid sustained growth for FICO, with recent earnings reports showing a 12% year-over-year revenue increase according to search data. Compared to peers in the credit analytics sector, FICO has maintained robust profit margins exceeding 40% per market research, justifying a buyback program that represents roughly 5% of its current market capitalization. Analysts suggest the selling by Franklin Resources likely stems from profit-taking following the stock's record performance.
Looking ahead, FICO shares closed at $1179.19 on June 12, 2026, after hitting an intraday high of $1199.71 according to EL7 data. Traders should watch for support levels near the recent low of $1163.62. While the upcoming economic calendar lacks direct fintech catalysts, broader market sentiment will be shaped by Fed speeches and inflation data, which remain critical for high-valuation growth stocks like FICO.