BNP Paribas Financial Markets Boosts Position in Fair Isaac Co. (NYSE:FICO)

BNP Paribas Financial Markets increased its holdings in Fair Isaac Co. (NYSE:FICO - Free Report) by 19.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 45,900 shares of the technology company's stock after acquiring an additional 7,494 shares during the quarter. BNP Paribas Financial Markets owned about 0.19% of Fair Isaac worth $91,384,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Nebula Research & Development LLC purchased a new stake in Fair Isaac in the fourth quarter worth $2,540,000. Donoghue Forlines LLC purchased a new position in Fair Isaac during the fourth quarter valued at $1,935,000. Czech National Bank boosted its holdings in Fair Isaac by 5.7% in the fourth quarter. Czech National Bank now owns 5,280 shares of the technology company's stock worth $10,512,000 after acquiring an additional 286 shares in the last quarter. Barclays PLC increased its holdings in shares of Fair Isaac by 24.8% during the third quarter. Barclays PLC now owns 60,521 shares of the technology company's stock valued at $117,624,000 after acquiring an additional 12,038 shares in the last quarter. Finally, Brighton Jones LLC raised its position in shares of Fair Isaac by 168.7% in the 4th quarter. Brighton Jones LLC now owns 481 shares of the technology company's stock worth $958,000 after purchasing an additional 302 shares during the last quarter. Institutional investors own 85.75% of the company's stock.

Fair Isaac Stock Up 1.9 %

Shares of NYSE:FICO opened at $2,087.91 on Tuesday. The stock has a market capitalization of $50.82 billion, a PE ratio of 95.82, a price-to-earnings-growth ratio of 3.27 and a beta of 1.40. The firm's 50 day moving average price is $1,861.31 and its 200-day moving average price is $1,977.76. Fair Isaac Co. has a twelve month low of $1,204.03 and a twelve month high of $2,402.52.

Fair Isaac (NYSE:FICO - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The technology company reported $7.81 earnings per share for the quarter, topping the consensus estimate of $7.33 by $0.48. The business had revenue of $498.74 million for the quarter, compared to analysts' expectations of $500.45 million. Fair Isaac had a net margin of 30.66% and a negative return on equity of 53.40%. The company's revenue was up 15.0% compared to the same quarter last year. During the same quarter last year, the company posted $6.14 EPS. Analysts expect that Fair Isaac Co. will post 24.15 earnings per share for the current fiscal year.

Insider Buying and Selling at Fair Isaac

In other Fair Isaac news, CEO William J. Lansing sold 4,092 shares of the company's stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of $1,727.69, for a total value of $7,069,707.48. Following the completion of the transaction, the chief executive officer now directly owns 42,138 shares in the company, valued at $72,801,401.22. This represents a 8.85 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last quarter, insiders sold 13,058 shares of company stock valued at $23,119,030. Company insiders own 3.46% of the company's stock.

Wall Street Analyst Weigh In

FICO has been the topic of several recent analyst reports. Royal Bank of Canada raised shares of Fair Isaac from a "sector perform" rating to an "outperform" rating and increased their price objective for the company from $2,040.00 to $2,170.00 in a research report on Wednesday, February 26th. Needham & Company LLC reissued a "buy" rating and set a $2,500.00 price target on shares of Fair Isaac in a research report on Wednesday, April 30th. Bank of America assumed coverage on Fair Isaac in a research report on Thursday, April 10th. They issued a "buy" rating and a $2,800.00 price objective on the stock. Barclays decreased their price target on Fair Isaac from $2,350.00 to $2,250.00 and set an "overweight" rating for the company in a research note on Friday, April 4th. Finally, Oppenheimer dropped their price objective on Fair Isaac from $2,515.00 to $2,409.00 and set an "outperform" rating on the stock in a research report on Tuesday, January 7th. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $2,277.46.

Fair Isaac Profile

Fair Isaac Corporation develops analytic, software, and digital decisioning technologies and services that enable businesses to automate, enhance, and connect decisions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Scores and Software. The Software segment provides pre-configured analytic and decision management solution designed for various business needs or processes, such as account origination, customer management, customer engagement, fraud detection, financial crimes compliance, and marketing, as well as associated professional services.

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