u/StockCompil · 31h ago4 prior · awaiting results
“Exited position (sold)”
FICO in Q3 fund letters: 2 managers kept it, 3 sold it. Here is what each one wrote.
Three institutional managers exited FICO citing regulatory and competitive pressure from the FHFA's effort to promote VantageScore as an alternative to FICO's credit scoring dominance. They believe this regulatory threat will substantially limit FICO's pricing power and margin expansion for several years, despite the company's historical 20% EPS growth track record.