BNP Paribas Arbitrage SA Raises Position in Fair Isaac Co. (NYSE:FICO)

BNP Paribas Arbitrage SA grew its holdings in shares of Fair Isaac Co. (NYSE:FICOGet Rating) by 84.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,497 shares of the technology company’s stock after purchasing an additional 6,162 shares during the period. BNP Paribas Arbitrage SA owned approximately 0.05% of Fair Isaac worth $5,853,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the company. Diversified Trust Co raised its stake in Fair Isaac by 2.6% in the 4th quarter. Diversified Trust Co now owns 980 shares of the technology company’s stock worth $425,000 after acquiring an additional 25 shares during the last quarter. Sciencast Management LP raised its stake in Fair Isaac by 2.9% in the 4th quarter. Sciencast Management LP now owns 1,040 shares of the technology company’s stock worth $458,000 after acquiring an additional 29 shares during the last quarter. O Shaughnessy Asset Management LLC raised its stake in Fair Isaac by 7.0% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 518 shares of the technology company’s stock worth $206,000 after acquiring an additional 34 shares during the last quarter. Ellevest Inc. raised its stake in Fair Isaac by 62.1% in the 4th quarter. Ellevest Inc. now owns 107 shares of the technology company’s stock worth $46,000 after acquiring an additional 41 shares during the last quarter. Finally, Spire Wealth Management raised its stake in Fair Isaac by 195.7% in the 4th quarter. Spire Wealth Management now owns 68 shares of the technology company’s stock worth $29,000 after acquiring an additional 45 shares during the last quarter. Hedge funds and other institutional investors own 86.67% of the company’s stock.

A number of brokerages recently issued reports on FICO. Needham & Company LLC raised their target price on Fair Isaac from $590.00 to $600.00 and gave the stock a “buy” rating in a research note on Friday, January 28th. Barclays cut their price target on Fair Isaac from $670.00 to $575.00 in a research report on Thursday, April 28th. Jefferies Financial Group increased their price target on Fair Isaac from $529.00 to $588.00 and gave the stock a “buy” rating in a research report on Friday, March 4th. Zacks Investment Research downgraded Fair Isaac from a “buy” rating to a “hold” rating in a research report on Monday, February 21st. Finally, StockNews.com began coverage on Fair Isaac in a research report on Thursday, March 31st. They set a “buy” rating on the stock. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $543.14.

In related news, Director Joanna Rees sold 253 shares of the firm’s stock in a transaction dated Tuesday, March 15th. The shares were sold at an average price of $468.52, for a total value of $118,535.56. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CAO Michael S. Leonard sold 786 shares of the firm’s stock in a transaction dated Friday, March 18th. The shares were sold at an average price of $489.39, for a total transaction of $384,660.54. The disclosure for this sale can be found here. 3.27% of the stock is owned by company insiders.

NYSE:FICO opened at $361.53 on Friday. Fair Isaac Co. has a 52 week low of $340.48 and a 52 week high of $553.97. The stock has a market capitalization of $9.37 billion, a PE ratio of 23.75 and a beta of 1.26. The stock’s 50-day moving average price is $423.53 and its 200-day moving average price is $428.77.

Fair Isaac (NYSE:FICOGet Rating) last posted its earnings results on Wednesday, April 27th. The technology company reported $3.85 EPS for the quarter, beating analysts’ consensus estimates of $3.13 by $0.72. Fair Isaac had a negative return on equity of 113.66% and a net margin of 31.52%. The firm had revenue of $357.20 million for the quarter, compared to analysts’ expectations of $337.63 million. During the same period last year, the firm earned $2.30 EPS. The company’s quarterly revenue was up 7.8% on a year-over-year basis. As a group, equities research analysts expect that Fair Isaac Co. will post 12.5 earnings per share for the current year.

Fair Isaac Profile (Get Rating)

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

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Institutional Ownership by Quarter for Fair Isaac (NYSE:FICO)

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