Quantbot Technologies LP increased its position in Acxiom Corporation (NASDAQ:ACXM) by 384.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,825 shares of the information technology services provider’s stock after purchasing an additional 7,005 shares during the quarter. Quantbot Technologies LP’s holdings in Acxiom Corporation were worth $229,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. BlackRock Inc. increased its position in Acxiom Corporation by 0.3% in the second quarter. BlackRock Inc. now owns 8,084,968 shares of the information technology services provider’s stock worth $210,046,000 after purchasing an additional 22,593 shares during the period. Vanguard Group Inc. increased its position in Acxiom Corporation by 1.7% in the second quarter. Vanguard Group Inc. now owns 6,391,429 shares of the information technology services provider’s stock worth $166,050,000 after purchasing an additional 107,930 shares during the period. Dimensional Fund Advisors LP increased its position in Acxiom Corporation by 0.9% in the first quarter. Dimensional Fund Advisors LP now owns 2,876,962 shares of the information technology services provider’s stock worth $81,906,000 after purchasing an additional 26,390 shares during the period. State Street Corp increased its position in Acxiom Corporation by 2.5% in the first quarter. State Street Corp now owns 2,440,925 shares of the information technology services provider’s stock worth $69,491,000 after purchasing an additional 59,324 shares during the period. Finally, Evercore Trust Company N.A. increased its position in Acxiom Corporation by 1.2% in the second 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 purchasing an additional 27,168 shares during the period. Hedge funds and other institutional investors own 94.41% of the company’s stock.

Acxiom Corporation (ACXM) opened at 25.08 on Thursday. The stock’s 50 day moving average price is $23.55 and its 200 day moving average price is $26.00. The firm’s market capitalization is $1.99 billion. Acxiom Corporation has a 52-week low of $21.80 and a 52-week high of $30.40.

Acxiom Corporation (NASDAQ:ACXM) last issued its quarterly earnings results 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. The company had revenue of $213.00 million during the quarter, compared to analysts’ expectations of $217.32 million. Acxiom Corporation had a positive return on equity of 3.22% and a negative net margin of 0.13%. The business’s quarterly revenue was down .8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.15 earnings per share. On average, equities analysts anticipate that Acxiom Corporation will post $0.80 earnings per share for the current fiscal year.

ACXM has been the subject of a number of research reports. BidaskClub upgraded Acxiom Corporation from a “strong sell” rating to a “sell” rating in a research report on Wednesday, July 19th. Cantor Fitzgerald reiterated a “buy” rating and issued a $33.00 price objective on shares of Acxiom Corporation in a research report on Friday, September 22nd. BMO Capital Markets reiterated a “buy” rating and issued a $32.00 price objective on shares of Acxiom Corporation in a research report on Sunday, July 16th. Zacks Investment Research upgraded Acxiom Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, July 18th. Finally, Dougherty & Co restated a “buy” rating on shares of Acxiom Corporation in a research report on Thursday, August 17th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. Acxiom Corporation has an average rating of “Hold” and a consensus target price of $32.75.

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In related news, CFO Warren Jenson purchased 10,000 shares of the firm’s stock in a transaction dated Tuesday, August 22nd. The stock was bought at an average price of $22.09 per share, with a total value of $220,900.00. Following the completion of the purchase, the chief financial officer now owns 377,415 shares in the company, valued at approximately $8,337,097.35. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 3.54% of the company’s stock.

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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Institutional Ownership by Quarter for Acxiom Corporation (NASDAQ:ACXM)

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