Banbury Partners LLC Buys 32,198 Shares of Fair Isaac Corporation (FICO)

Banbury Partners LLC raised its stake in shares of Fair Isaac Corporation (NYSE:FICO) by 14.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 247,895 shares of the technology company’s stock after purchasing an additional 32,198 shares during the quarter. Fair Isaac accounts for about 8.5% of Banbury Partners LLC’s holdings, making the stock its 2nd biggest holding. Banbury Partners LLC owned approximately 0.83% of Fair Isaac worth $34,829,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently made changes to their positions in the business. Aperio Group LLC lifted its holdings in shares of Fair Isaac by 2.8% in the 2nd quarter. Aperio Group LLC now owns 9,680 shares of the technology company’s stock worth $1,349,000 after acquiring an additional 264 shares during the last quarter. US Bancorp DE lifted its holdings in shares of Fair Isaac by 4.6% in the 2nd quarter. US Bancorp DE now owns 2,686 shares of the technology company’s stock worth $374,000 after acquiring an additional 118 shares during the last quarter. Strs Ohio lifted its holdings in shares of Fair Isaac by 2.1% in the 2nd quarter. Strs Ohio now owns 4,900 shares of the technology company’s stock worth $683,000 after acquiring an additional 100 shares during the last quarter. World Asset Management Inc lifted its holdings in shares of Fair Isaac by 1.7% in the 2nd quarter. World Asset Management Inc now owns 1,955 shares of the technology company’s stock worth $273,000 after acquiring an additional 33 shares during the last quarter. Finally, Morse Asset Management Inc bought a new stake in shares of Fair Isaac in the 2nd quarter worth approximately $307,000. Institutional investors and hedge funds own 90.02% of the company’s stock.

Shares of Fair Isaac Corporation (NYSE FICO) traded down $0.02 during midday trading on Thursday, hitting $155.57. 118,500 shares of the company traded hands, compared to its average volume of 154,752. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 1.09. Fair Isaac Corporation has a 12 month low of $115.78 and a 12 month high of $159.00. The stock has a market capitalization of $4,666.18, a P/E ratio of 39.19, a price-to-earnings-growth ratio of 4.22 and a beta of 1.26.

Fair Isaac (NYSE:FICO) last issued its earnings results on Wednesday, November 1st. The technology company reported $1.65 EPS for the quarter, topping the consensus estimate of $1.17 by $0.48. Fair Isaac had a net margin of 13.76% and a return on equity of 30.03%. The company had revenue of $253.21 million for the quarter, compared to the consensus estimate of $249.11 million. During the same period in the previous year, the firm earned $1.28 earnings per share. The firm’s revenue for the quarter was up 7.4% on a year-over-year basis. equities analysts predict that Fair Isaac Corporation will post 3.68 EPS for the current year.

FICO has been the subject of a number of recent research reports. BidaskClub upgraded shares of Fair Isaac from a “hold” rating to a “buy” rating in a report on Tuesday, October 17th. Zacks Investment Research raised shares of Fair Isaac from a “hold” rating to a “buy” rating and set a $164.00 target price on the stock in a research note on Monday, October 16th. Finally, Barclays lifted their target price on shares of Fair Isaac from $135.00 to $140.00 and gave the stock an “equal weight” rating in a research note on Thursday, November 2nd.

In related news, Director Joanna Rees acquired 3,000 shares of Fair Isaac stock in a transaction on Thursday, November 9th. The shares were acquired at an average cost of $152.00 per share, with a total value of $456,000.00. Following the transaction, the director now owns 4,989 shares in the company, valued at $758,328. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director A George Battle sold 5,000 shares of the business’s stock in a transaction on Friday, November 3rd. The shares were sold at an average price of $150.46, for a total transaction of $752,300.00. Following the transaction, the director now directly owns 21,259 shares in the company, valued at $3,198,629.14. The disclosure for this sale can be found here. 5.60% of the stock is owned by insiders.

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About Fair Isaac

Fair Isaac Corporation (FICO) is a provider of analytic, software and data management products and services that enable businesses to automate and connect decisions. The Company operates through three segments: Applications, Scores and Decision Management Software. The Applications segment includes pre-configured decision management applications designed for a specific type of business problem or process, such as marketing, account origination, customer management, fraud, collections and insurance claims management.

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

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