Acxiom Corporation (NASDAQ:ACXM) was the target of some unusual options trading activity on Friday. Stock traders acquired 3,788 call options on the company. This is an increase of Infinity compared to the average daily volume of 0 call options.

Several research firms have recently commented on ACXM. BMO Capital Markets reaffirmed a “buy” rating and issued a $32.00 price target on shares of Acxiom Corporation in a report on Sunday, July 16th. Zacks Investment Research raised shares of Acxiom Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, July 18th. BidaskClub raised shares of Acxiom Corporation from a “strong sell” rating to a “sell” rating in a report on Wednesday, July 19th. Dougherty & Co reaffirmed a “buy” rating on shares of Acxiom Corporation in a report on Thursday, August 17th. Finally, Cantor Fitzgerald reaffirmed a “buy” rating and issued a $33.00 price target on shares of Acxiom Corporation in a report on Friday, September 22nd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company’s stock. Acxiom Corporation currently has an average rating of “Hold” and an average target price of $33.25.

In related news, CFO Warren Jenson acquired 10,000 shares of the firm’s stock in a transaction on Tuesday, August 22nd. The stock was bought at an average cost of $22.09 per share, with a total value of $220,900.00. Following the acquisition, the chief financial officer now directly owns 377,415 shares in the company, valued at $8,337,097.35. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 3.54% of the stock is currently owned by company insiders.

Several hedge funds have recently added to or reduced their stakes in the business. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in shares of Acxiom Corporation by 0.5% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 11,458 shares of the information technology services provider’s stock worth $298,000 after buying an additional 55 shares in the last quarter. Capital One National Association raised its position in shares of Acxiom Corporation by 0.6% during the 2nd quarter. Capital One National Association now owns 25,212 shares of the information technology services provider’s stock worth $655,000 after buying an additional 138 shares in the last quarter. Meeder Asset Management Inc. raised its position in shares of Acxiom Corporation by 0.6% during the 2nd quarter. Meeder Asset Management Inc. now owns 28,768 shares of the information technology services provider’s stock worth $747,000 after buying an additional 167 shares in the last quarter. Suntrust Banks Inc. raised its position in shares of Acxiom Corporation by 1.6% during the 2nd quarter. Suntrust Banks Inc. now owns 16,303 shares of the information technology services provider’s stock worth $423,000 after buying an additional 254 shares in the last quarter. Finally, Metropolitan Life Insurance Co. NY raised its position in shares of Acxiom Corporation by 0.3% during the 1st quarter. Metropolitan Life Insurance Co. NY now owns 124,371 shares of the information technology services provider’s stock worth $3,541,000 after buying an additional 353 shares in the last quarter. Institutional investors own 95.42% of the company’s stock.

Acxiom Corporation (NASDAQ ACXM) opened at $26.59 on Monday. Acxiom Corporation has a fifty-two week low of $21.80 and a fifty-two week high of $30.40. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.23 and a quick ratio of 2.27. The company has a market cap of $2,102.47, a PE ratio of 110.79, a PEG ratio of 5.16 and a beta of 1.28.

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

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Acxiom Corporation Company Profile

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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