Acxiom Corporation (NASDAQ:ACXM) saw a large increase in short interest in the month of October. As of October 13th, there was short interest totalling 2,935,985 shares, an increase of 27.5% from the September 29th total of 2,303,209 shares. Based on an average daily volume of 382,231 shares, the days-to-cover ratio is currently 7.7 days. Approximately 3.8% of the company’s shares are short sold.

Shares of Acxiom Corporation (ACXM) opened at 25.08 on Friday. The firm’s market cap is $1.99 billion. The firm has a 50 day moving average price of $24.45 and a 200 day moving average price of $25.67. Acxiom Corporation has a 1-year low of $21.80 and a 1-year high of $30.40.

Acxiom Corporation (NASDAQ:ACXM) last announced its quarterly earnings data on Thursday, August 3rd. The information technology services provider reported $0.14 earnings per share for the quarter, meeting the consensus estimate of $0.14. Acxiom Corporation had a negative net margin of 0.13% and a positive return on equity of 3.22%. The firm had revenue of $213.00 million for the quarter, compared to analyst estimates of $217.32 million. During the same quarter in the prior year, the business earned $0.15 earnings per share. The business’s quarterly revenue was down .8% compared to the same quarter last year. Analysts anticipate that Acxiom Corporation will post $0.80 EPS for the current year.

Several analysts recently commented on ACXM shares. BidaskClub raised Acxiom Corporation from a “strong sell” rating to a “sell” rating in a research note on Wednesday, July 19th. Cantor Fitzgerald reaffirmed a “buy” rating and set a $33.00 price objective on shares of Acxiom Corporation in a research note on Friday, September 22nd. BMO Capital Markets reaffirmed a “buy” rating and set a $32.00 price objective on shares of Acxiom Corporation in a research note on Sunday, July 16th. Zacks Investment Research raised Acxiom Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, July 18th. Finally, Dougherty & Co reissued a “buy” rating on shares of Acxiom Corporation in a research note on Thursday, August 17th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the stock. Acxiom Corporation has a consensus rating of “Hold” and a consensus target price of $32.75.

In other Acxiom Corporation news, CFO Warren Jenson acquired 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 22nd. The shares were acquired at an average price of $22.09 per share, with a total value of $220,900.00. Following the purchase, the chief financial officer now owns 377,415 shares of the company’s stock, valued at approximately $8,337,097.35. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 3.54% of the company’s stock.

Several institutional investors and hedge funds have recently bought and sold shares of the stock. BlackRock Inc. raised its holdings in shares of Acxiom Corporation by 0.3% in the 2nd quarter. BlackRock Inc. now owns 8,084,968 shares of the information technology services provider’s stock worth $210,046,000 after acquiring an additional 22,593 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of Acxiom Corporation by 1.7% in the 2nd quarter. Vanguard Group Inc. now owns 6,391,429 shares of the information technology services provider’s stock worth $166,050,000 after acquiring an additional 107,930 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Acxiom Corporation by 3.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,973,662 shares of the information technology services provider’s stock worth $77,256,000 after acquiring an additional 96,700 shares during the last quarter. State Street Corp raised its holdings in shares of Acxiom Corporation by 3.9% in the 2nd quarter. State Street Corp now owns 2,535,575 shares of the information technology services provider’s stock worth $65,876,000 after acquiring an additional 94,650 shares during the last quarter. Finally, Evercore Trust Company N.A. raised its holdings in shares of Acxiom Corporation by 1.2% in the 2nd quarter. Evercore Trust Company N.A. now owns 2,371,401 shares of the information technology services provider’s stock worth $61,609,000 after acquiring an additional 27,168 shares during the last quarter. Institutional investors own 94.49% of the company’s stock.

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About Acxiom Corporation

Acxiom Corporation (Acxiom) is a technology and enablement services company. The Company operates through three business segments: Marketing Services, Audience Solutions, and Connectivity. The Company’s Marketing Services segment helps clients to unify data at individual level. The Audience Solutions segment helps clients to validate the accuracy of their people-based data, enhance it with additional insight and keep it up to date, enabling clients to reach desired audiences with relevant messages.

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