Shares of Acxiom Corporation (NASDAQ:ACXM) have received an average recommendation of “Buy” from the six ratings firms that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $31.75.

Several research analysts recently commented on ACXM shares. BMO Capital Markets reiterated a “buy” rating and issued a $32.00 target price on shares of Acxiom Corporation in a report on Sunday, July 16th. Zacks Investment Research upgraded shares of Acxiom Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, July 18th. BidaskClub upgraded shares of Acxiom Corporation from a “strong sell” rating to a “sell” rating in a report on Wednesday, July 19th. Dougherty & Co reiterated a “buy” rating on shares of Acxiom Corporation in a report on Thursday, August 17th. Finally, Cantor Fitzgerald reiterated a “buy” rating and issued a $33.00 target price on shares of Acxiom Corporation in a report on Friday, September 22nd.

Shares of Acxiom Corporation (NASDAQ:ACXM) opened at $26.42 on Friday. The company has a quick ratio of 2.27, a current ratio of 2.23 and a debt-to-equity ratio of 0.30. Acxiom Corporation has a 52 week low of $21.80 and a 52 week high of $30.40. The stock has a market cap of $2,090.80, a price-to-earnings ratio of 110.08, a P/E/G ratio of 5.03 and a beta of 1.28.

Acxiom Corporation (NASDAQ:ACXM) last released its quarterly earnings data on Wednesday, November 1st. The information technology services provider reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.05. Acxiom Corporation had a negative net margin of 1.31% and a positive return on equity of 2.61%. The business had revenue of $225.24 million during the quarter, compared to analyst estimates of $222.05 million. During the same quarter in the previous year, the business earned $0.18 EPS. Acxiom Corporation’s quarterly revenue was up 3.7% compared to the same quarter last year. research analysts forecast that Acxiom Corporation will post 0.35 earnings per share for the current year.

In other news, CFO Warren Jenson bought 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 22nd. The shares were purchased at an average price of $22.09 per share, for a total transaction of $220,900.00. Following the acquisition, the chief financial officer now directly owns 377,415 shares of the company’s stock, valued at approximately $8,337,097.35. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 3.54% of the company’s stock.

Several large investors have recently bought and sold shares of ACXM. ETF Managers Group LLC bought a new position in shares of Acxiom Corporation during the 2nd quarter worth about $119,000. Riverhead Capital Management LLC increased its holdings in shares of Acxiom Corporation by 73.9% during the 2nd quarter. Riverhead Capital Management LLC now owns 4,694 shares of the information technology services provider’s stock worth $122,000 after purchasing an additional 1,994 shares during the period. LS Investment Advisors LLC increased its holdings in shares of Acxiom Corporation by 20.5% during the 2nd quarter. LS Investment Advisors LLC now owns 6,172 shares of the information technology services provider’s stock worth $160,000 after purchasing an additional 1,050 shares during the period. Shelton Capital Management bought a new position in shares of Acxiom Corporation during the 2nd quarter worth about $213,000. Finally, Quantbot Technologies LP increased its holdings in shares of Acxiom Corporation by 384.9% during the 2nd quarter. Quantbot Technologies LP now owns 8,825 shares of the information technology services provider’s stock worth $229,000 after purchasing an additional 7,005 shares during the period. Institutional investors own 95.66% 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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