Aperio Group LLC Trims Position in Acxiom Corporation (ACXM)

Aperio Group LLC trimmed its holdings in shares of Acxiom Corporation (NASDAQ:ACXM) by 3.8% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 58,431 shares of the information technology services provider’s stock after selling 2,297 shares during the period. Aperio Group LLC owned about 0.07% of Acxiom Corporation worth $1,440,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of ACXM. OppenheimerFunds Inc. acquired a new position in Acxiom Corporation in the 1st quarter worth approximately $260,000. Teachers Advisors LLC boosted its stake in Acxiom Corporation by 0.8% in the 1st quarter. Teachers Advisors LLC now owns 475,499 shares of the information technology services provider’s stock worth $13,537,000 after purchasing an additional 3,845 shares during the period. Legal & General Group Plc boosted its stake in Acxiom Corporation by 32.0% in the 1st quarter. Legal & General Group Plc now owns 49,528 shares of the information technology services provider’s stock worth $1,406,000 after purchasing an additional 12,010 shares during the period. Thrivent Financial For Lutherans boosted its stake in Acxiom Corporation by 11.0% in the 1st quarter. Thrivent Financial For Lutherans now owns 14,680 shares of the information technology services provider’s stock worth $418,000 after purchasing an additional 1,450 shares during the period. Finally, Renaissance Technologies LLC boosted its stake in Acxiom Corporation by 19.4% in the 1st quarter. Renaissance Technologies LLC now owns 140,245 shares of the information technology services provider’s stock worth $3,993,000 after purchasing an additional 22,745 shares during the period. Hedge funds and other institutional investors own 99.64% of the company’s stock.

Shares of Acxiom Corporation (NASDAQ:ACXM) opened at $26.58 on Friday. The stock has a market cap of $2,060.72, a price-to-earnings ratio of 108.50, a price-to-earnings-growth ratio of 4.96 and a beta of 1.28. Acxiom Corporation has a 52 week low of $21.80 and a 52 week high of $30.40. The company has a debt-to-equity ratio of 0.30, a quick ratio of 2.23 and a current ratio of 2.23.

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

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A number of research firms recently commented on ACXM. Zacks Investment Research raised shares of Acxiom Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, October 3rd. BidaskClub lowered shares of Acxiom Corporation from a “sell” rating to a “strong sell” rating in a research note on Tuesday, August 8th. Dougherty & Co reaffirmed a “buy” rating on shares of Acxiom Corporation in a research note on Thursday, August 17th. Finally, Cantor Fitzgerald reaffirmed a “buy” rating and issued a $35.00 price objective on shares of Acxiom Corporation in a research note on Thursday, November 2nd. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $32.60.

In related news, CFO Warren Jenson bought 10,000 shares of the firm’s stock in a transaction on 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 purchase, the chief financial officer now directly owns 377,415 shares of the company’s stock, valued at approximately $8,337,097.35. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company 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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