Candriam S.C.A. significantly reduced its position in Fair Isaac Corporation (FICO) during the third quarter, selling 8,099 shares. This move represents a substantial 79.7% decrease in the firm's total holdings in the data analytics giant. The divestment comes despite FICO reporting robust financial results that exceeded market expectations across key metrics. For the most recent quarter, the company posted an earnings per share (EPS) of $7.33, beating the consensus estimate of $7.08. Additionally, revenue surged by 16.4% year-over-year to reach $766 million. While the large institutional sale might suggest strategic profit-taking, FICO maintains a 'Moderate Buy' consensus rating among analysts due to its strong fundamental performance.
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