Legal & General Group Plc Trims Holdings in Fair Isaac Corporation

Institutional investor reduces stake in technology company by 5.2% in Q3

Mar. 13, 2026 at 9:55am

Legal & General Group Plc, an institutional investor, trimmed its holdings in Fair Isaac Corporation (NYSE:FICO) by 5.2% in the third quarter, according to a recent SEC filing. The company now owns 160,862 shares of the technology company's stock, valued at approximately $240.7 million.

Why it matters

Fair Isaac is known for its widely used FICO credit scoring system, which helps lenders assess consumer credit risk. The trimming of holdings by a major institutional investor like Legal & General Group Plc could signal broader market trends or changes in sentiment around the company.

The details

According to the SEC filing, Legal & General Group Plc sold 8,831 shares of Fair Isaac stock during the third quarter. The institutional investor now owns approximately 0.68% of the technology company's outstanding shares. Fair Isaac has a market capitalization of $25.91 billion and its stock has traded between $1,068.67 and $2,217.60 over the past 52 weeks.

  • The SEC filing detailing the holdings change was submitted on March 13, 2026.
  • The share sale occurred during the third quarter of the previous fiscal year.

The players

Legal & General Group Plc

A major institutional investor and asset management firm based in the United Kingdom.

Fair Isaac Corporation

A data analytics and software company best known for its FICO credit scoring system.

Got photos? Submit your photos here. ›

The takeaway

The reduction in holdings by a prominent institutional investor like Legal & General Group Plc could signal broader market sentiment around Fair Isaac and its FICO credit scoring business. However, the company remains a major player in the financial analytics space with a sizable market capitalization.