Acxiom Co. (ACXM) Position Raised by Allianz Asset Management GmbH

Allianz Asset Management GmbH boosted its holdings in Acxiom Co. (NASDAQ:ACXM) by 5.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 683,115 shares of the information technology services provider’s stock after buying an additional 35,450 shares during the quarter. Allianz Asset Management GmbH’s holdings in Acxiom were worth $33,753,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. Clarius Group LLC grew its position in Acxiom by 1.4% in the third quarter. Clarius Group LLC now owns 88,304 shares of the information technology services provider’s stock worth $4,363,000 after buying an additional 1,245 shares during the last quarter. SG Americas Securities LLC grew its position in Acxiom by 7.7% in the second quarter. SG Americas Securities LLC now owns 25,336 shares of the information technology services provider’s stock worth $759,000 after buying an additional 1,809 shares during the last quarter. NumerixS Investment Technologies Inc grew its position in Acxiom by 385.7% in the second quarter. NumerixS Investment Technologies Inc now owns 3,400 shares of the information technology services provider’s stock worth $102,000 after buying an additional 2,700 shares during the last quarter. Alliancebernstein L.P. grew its position in Acxiom by 2.6% in the third quarter. Alliancebernstein L.P. now owns 119,241 shares of the information technology services provider’s stock worth $5,892,000 after buying an additional 2,970 shares during the last quarter. Finally, Trexquant Investment LP grew its position in Acxiom by 33.7% in the third quarter. Trexquant Investment LP now owns 12,205 shares of the information technology services provider’s stock worth $603,000 after buying an additional 3,074 shares during the last quarter. Hedge funds and other institutional investors own 94.47% of the company’s stock.

NASDAQ ACXM opened at $48.48 on Monday. Acxiom Co. has a twelve month low of $18.60 and a twelve month high of $51.51.

Several research firms have issued reports on ACXM. Wells Fargo & Co lifted their price target on shares of Acxiom from $50.00 to $55.00 and gave the stock an “outperform” rating in a research report on Monday, October 1st. Stephens restated a “buy” rating and issued a $47.00 price target on shares of Acxiom in a research report on Sunday, August 12th. Finally, BMO Capital Markets lifted their price target on shares of Acxiom from $46.00 to $52.00 and gave the stock an “outperform” rating in a research report on Friday, August 10th. One analyst has rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $45.00.

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Acxiom Profile

Acxiom Corporation operates a technology and enablement services company in the United States, Europe, the Asia-Pacific, and internationally. The company operates through three segments: Connectivity, Audience Solutions, and Marketing Services. The Connectivity segment provides a foundational identity resolution layer, which enables its clients to identify and reach consumers across channels and measure the impact of marketing on sales.

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Institutional Ownership by Quarter for Acxiom (NASDAQ:ACXM)

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