Stevens Capital Management LP acquired a new stake in shares of Acxiom Co. (NASDAQ:ACXM) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 30,554 shares of the information technology services provider’s stock, valued at approximately $1,510,000.

A number of other hedge funds also recently bought and sold shares of ACXM. Virtu Financial LLC bought a new stake in shares of Acxiom in the third quarter worth about $737,000. Trexquant Investment LP increased its holdings in shares of 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 purchasing an additional 3,074 shares during the last quarter. FMR LLC bought a new stake in shares of Acxiom in the third quarter worth about $309,000. Jackson Square Partners LLC bought a new stake in shares of Acxiom in the third quarter worth about $276,396,000. Finally, Jupiter Asset Management Ltd. increased its holdings in shares of Acxiom by 2.0% in the third quarter. Jupiter Asset Management Ltd. now owns 160,347 shares of the information technology services provider’s stock worth $7,920,000 after purchasing an additional 3,200 shares during the last quarter. 94.47% of the stock is owned by institutional investors.

Acxiom Co. has a twelve month low of $18.60 and a twelve month high of $51.51.

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