BNP Paribas Financial Markets Has $74.64 Million Stake in Fair Isaac Co. (NYSE:FICO)

BNP Paribas Financial Markets raised its stake in shares of Fair Isaac Co. (NYSE:FICO) by 36.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 38,406 shares of the technology company’s stock after purchasing an additional 10,201 shares during the quarter. BNP Paribas Financial Markets owned 0.16% of Fair Isaac worth $74,643,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in FICO. International Assets Investment Management LLC increased its holdings in shares of Fair Isaac by 189,461.6% during the 3rd quarter. International Assets Investment Management LLC now owns 538,355 shares of the technology company’s stock worth $1,046,304,000 after purchasing an additional 538,071 shares during the period. AustralianSuper Pty Ltd increased its holdings in shares of Fair Isaac by 1,270.9% during the 3rd quarter. AustralianSuper Pty Ltd now owns 73,276 shares of the technology company’s stock worth $142,413,000 after purchasing an additional 67,931 shares during the period. FMR LLC increased its stake in Fair Isaac by 46.1% in the third quarter. FMR LLC now owns 207,026 shares of the technology company’s stock valued at $402,358,000 after acquiring an additional 65,297 shares during the period. Westwind Capital increased its stake in Fair Isaac by 891.8% in the second quarter. Westwind Capital now owns 69,742 shares of the technology company’s stock valued at $10,382,000 after acquiring an additional 62,710 shares during the period. Finally, Jennison Associates LLC increased its stake in Fair Isaac by 35.1% in the third quarter. Jennison Associates LLC now owns 241,149 shares of the technology company’s stock valued at $468,677,000 after acquiring an additional 62,653 shares during the period. Institutional investors own 85.75% of the company’s stock.

Insider Activity

In other Fair Isaac news, EVP Thomas A. Bowers sold 2,680 shares of the firm’s stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $2,338.21, for a total value of $6,266,402.80. Following the transaction, the executive vice president now directly owns 5,769 shares of the company’s stock, valued at approximately $13,489,133.49. This trade represents a 31.72 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Joanna Rees sold 3,961 shares of the firm’s stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of $1,750.00, for a total transaction of $6,931,750.00. The disclosure for this sale can be found here. Insiders have sold 10,390 shares of company stock valued at $21,901,887 over the last three months. 3.54% of the stock is owned by insiders.

Analyst Ratings Changes

FICO has been the topic of a number of analyst reports. Barclays upped their target price on shares of Fair Isaac from $2,150.00 to $2,350.00 and gave the company an “overweight” rating in a research note on Thursday, November 7th. Wells Fargo & Company upped their target price on shares of Fair Isaac from $2,200.00 to $2,400.00 and gave the company an “overweight” rating in a research note on Thursday, November 7th. Royal Bank of Canada reissued a “sector perform” rating and issued a $2,040.00 target price on shares of Fair Isaac in a research note on Thursday, November 7th. Needham & Company LLC upped their target price on shares of Fair Isaac from $1,850.00 to $2,500.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. Finally, The Goldman Sachs Group upped their target price on shares of Fair Isaac from $2,130.00 to $2,374.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. Four equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, Fair Isaac has an average rating of “Moderate Buy” and a consensus target price of $1,964.92.

Fair Isaac Price Performance

FICO opened at $2,354.00 on Thursday. Fair Isaac Co. has a one year low of $1,067.36 and a one year high of $2,402.51. The company’s 50 day simple moving average is $2,074.84 and its 200-day simple moving average is $1,742.79. The stock has a market capitalization of $57.32 billion, a P/E ratio of 115.11, a price-to-earnings-growth ratio of 4.34 and a beta of 1.35.

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.