BlackRock Amends FICO Stake: Passive Investment Update
Ticker: FICO · Form: SC 13G/A · Filed: Jan 24, 2024 · CIK: 814547
| Field | Detail |
|---|---|
| Company | Fair Isaac CORP (FICO) |
| Form Type | SC 13G/A |
| Filed Date | Jan 24, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock updated its FICO stake, signaling a passive investment adjustment.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 24, 2024, indicating a change in its ownership of FAIR ISAAC CORPORATION (FICO) Common Stock as of December 31, 2023. This amendment, the 16th for BlackRock, shows their updated passive investment stake in FICO. This matters to investors because BlackRock is a major institutional investor, and changes in their holdings can signal shifts in their confidence or investment strategy regarding FICO's future performance.
Why It Matters
Changes in large institutional holdings like BlackRock's can influence market sentiment and potentially impact FICO's stock price, as other investors may follow their lead.
Risk Assessment
Risk Level: low — This filing is a routine update from a passive investor and does not indicate any immediate or significant risk to the company or its stock.
Analyst Insight
Investors should monitor future 13G/A filings from BlackRock to track any significant changes in their FICO holdings, as these could signal shifts in institutional sentiment, but this specific filing is a routine update.
Key Numbers
- 16 — Amendment Number (This is the 16th amendment filed by BlackRock regarding FAIR ISAAC CORPORATION, indicating ongoing adjustments to their reported stake.)
- 303250104 — CUSIP Number (This unique identifier confirms the specific class of securities (Common Stock) of FAIR ISAAC CORPORATION being reported on.)
Key Players & Entities
- BlackRock Inc. (company) — the entity filing the SC 13G/A, reporting its ownership in FAIR ISAAC CORPORATION
- FAIR ISAAC CORPORATION (company) — the issuer whose Common Stock is being reported on
- December 31, 2023 (date) — the date of the event which required the filing of this statement
- January 24, 2024 (date) — the date the SC 13G/A amendment was filed
- Amendment No: 16 (number) — the specific amendment number for BlackRock's filing regarding FAIR ISAAC CORPORATION
Forward-Looking Statements
- BlackRock will continue to be a significant passive investor in FAIR ISAAC CORPORATION. (BlackRock Inc.) — high confidence, target: Ongoing
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G, filed under the Securities Exchange Act of 1934.
Who is the 'Issuer' in this filing?
The 'Issuer' is FAIR ISAAC CORPORATION, identified by the CUSIP Number 303250104 for its Common Stock.
Who is the 'Filed By' entity in this document?
The 'Filed By' entity is BlackRock Inc., with a Central Index Key (CIK) of 0001364742.
What was the 'Date of Event Which Requires Filing of this Statement'?
The 'Date of Event Which Requires Filing of this Statement' was December 31, 2023.
What rule is BlackRock filing this Schedule 13G/A under?
BlackRock Inc. is filing this Schedule 13G/A under Rule 13d-1(b), as indicated by the 'X' in the appropriate box.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 24, 2024 regarding FAIR ISAAC CORP (FICO).