Retirement Systems of Alabama cut its stake in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 0.1% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 100,105 shares of the technology company’s stock after selling 115 shares during the period. Retirement Systems of Alabama’s holdings in Jack Henry & Associates were worth $10,398,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. YorkBridge Wealth Partners LLC boosted its position in shares of Jack Henry & Associates by 21.6% in the first quarter. YorkBridge Wealth Partners LLC now owns 1,043 shares of the technology company’s stock valued at $102,000 after buying an additional 185 shares in the last quarter. Parallel Advisors LLC boosted its position in shares of Jack Henry & Associates by 43.3% in the first quarter. Parallel Advisors LLC now owns 1,108 shares of the technology company’s stock valued at $108,000 after buying an additional 335 shares in the last quarter. TrimTabs Asset Management LLC boosted its position in shares of Jack Henry & Associates by 88.8% in the first quarter. TrimTabs Asset Management LLC now owns 1,225 shares of the technology company’s stock valued at $114,000 after buying an additional 576 shares in the last quarter. Almanack Investment Partners LLC. acquired a new position in shares of Jack Henry & Associates during the first quarter valued at approximately $124,000. Finally, IFP Advisors Inc boosted its position in shares of Jack Henry & Associates by 40.6% in the second quarter. IFP Advisors Inc now owns 1,312 shares of the technology company’s stock valued at $136,000 after buying an additional 379 shares in the last quarter. 87.92% of the stock is currently owned by hedge funds and other institutional investors.

Jack Henry & Associates, Inc. (JKHY) opened at 105.74 on Friday. Jack Henry & Associates, Inc. has a one year low of $79.00 and a one year high of $109.67. The stock’s 50 day moving average is $105.46 and its 200 day moving average is $98.58. The company has a market capitalization of $8.21 billion, a PE ratio of 31.33 and a beta of 0.75.

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Separately, Zacks Investment Research cut shares of Jack Henry & Associates from a “buy” rating to a “hold” rating in a report on Wednesday, July 12th.

In other news, Director Wesley A. Brown sold 2,800 shares of the business’s stock in a transaction that occurred on Friday, May 26th. The shares were sold at an average price of $104.90, for a total value of $293,720.00. Following the sale, the director now owns 80,278 shares of the company’s stock, valued at $8,421,162.20. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider John F. Prim sold 9,650 shares of the business’s stock in a transaction that occurred on Tuesday, June 13th. The shares were sold at an average price of $103.89, for a total transaction of $1,002,538.50. Following the completion of the sale, the insider now directly owns 206,164 shares in the company, valued at approximately $21,418,377.96. The disclosure for this sale can be found here. In the last three months, insiders sold 13,350 shares of company stock worth $1,383,334. Insiders own 0.80% of the company’s stock.

About Jack Henry & Associates

Jack Henry & Associates, Inc is a provider of information processing solutions for community banks. The Company offers a range of products and services, including processing transactions, automating business processes, and managing information financial institutions and diverse corporate entities. It operates in two segments: bank systems and services (Bank) and credit union systems and services (Credit Union).

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Institutional Ownership by Quarter for Jack Henry & Associates (NASDAQ:JKHY)

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