BNP Paribas Financial Markets Purchases 10,201 Shares of Fair Isaac Co. (NYSE:FICO)

BNP Paribas Financial Markets lifted its position in shares of Fair Isaac Co. (NYSE:FICO) by 36.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 38,406 shares of the technology company’s stock after purchasing an additional 10,201 shares during the quarter. BNP Paribas Financial Markets’ holdings in Fair Isaac were worth $74,643,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FICO. EntryPoint Capital LLC bought a new position in shares of Fair Isaac during the first quarter worth $25,000. Capital Performance Advisors LLP acquired a new stake in Fair Isaac in the 3rd quarter valued at $25,000. Advisors Asset Management Inc. acquired a new stake in Fair Isaac in the 1st quarter valued at $26,000. Tortoise Investment Management LLC increased its stake in shares of Fair Isaac by 81.8% during the 2nd quarter. Tortoise Investment Management LLC now owns 20 shares of the technology company’s stock worth $30,000 after purchasing an additional 9 shares during the last quarter. Finally, Family Firm Inc. acquired a new position in shares of Fair Isaac during the 2nd quarter worth about $34,000. 85.75% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

FICO has been the subject of several research analyst reports. Oppenheimer lifted their target price on shares of Fair Isaac from $1,967.00 to $2,109.00 and gave the stock an “outperform” rating in a report on Tuesday, October 8th. The Goldman Sachs Group boosted 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 report on Thursday, November 7th. UBS Group assumed coverage on shares of Fair Isaac in a research report on Tuesday, October 1st. They issued a “neutral” rating and a $2,100.00 target price for the company. Barclays upped their price objective on shares of Fair Isaac from $2,150.00 to $2,350.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and set a $2,040.00 price objective on shares of Fair Isaac in a research report on Thursday, November 7th. Four investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,964.92.

Fair Isaac Stock Performance

NYSE:FICO opened at $2,354.00 on Thursday. The firm’s fifty day moving average is $2,074.84 and its 200-day moving average is $1,742.79. Fair Isaac Co. has a 52 week low of $1,067.36 and a 52 week high of $2,402.51. The firm has a market cap of $57.32 billion, a P/E ratio of 115.11, a P/E/G ratio of 4.34 and a beta of 1.35.

Insider Activity

In other Fair Isaac news, EVP James M. Wehmann sold 3,500 shares of the firm’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $2,320.41, for a total value of $8,121,435.00. Following the transaction, the executive vice president now directly owns 48,895 shares of the company’s stock, valued at approximately $113,456,446.95. This trade represents a 6.68 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Joanna Rees sold 3,961 shares of the firm’s stock in a transaction 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. In the last three months, insiders have sold 10,390 shares of company stock valued at $21,901,887. 3.54% of the stock is currently owned by insiders.

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.