Shorts Action: What Next for Acxiom Corporation (NASDAQ:ACXM) Stock After Decrease in Shorted Shares?

November 23, 2016 - By Richard Conner   ·   0 Comments

Shorts Action: What Next for Acxiom Corporation (NASDAQ:ACXM) Stock After Decrease in Shorted Shares?

The stock of Acxiom Corporation (NASDAQ:ACXM) registered a decrease of 0.22% in short interest. ACXM’s total short interest was 3.63 million shares in November as published by FINRA. Its down 0.22% from 3.64M shares, reported previously. With 259,900 shares average volume, it will take short sellers 14 days to cover their ACXM’s short positions. The short interest to Acxiom Corporation’s float is 4.78%. About 63,218 shares traded hands. Acxiom Corporation (NASDAQ:ACXM) has risen 24.46% since April 21, 2016 and is uptrending. It has outperformed by 19.13% the S&P500.

Acxiom Corporation is a technology and enablement services company. The company has a market cap of $2.10 billion. The Firm operates through three business divisions: Marketing Services, Audience Solutions, and Connectivity. It has a 239.12 P/E ratio. The Company’s Marketing Services segment helps clients to unify data at individual level.

Insitutional Activity: The institutional sentiment increased to 1.4 in Q2 2016. Its up 0.03, from 1.37 in 2016Q1. The ratio is positive, as 21 funds sold all Acxiom Corporation shares owned while 39 reduced positions. 17 funds bought stakes while 65 increased positions. They now own 71.06 million shares or 3.13% less from 73.35 million shares in 2016Q1.
Moreover, State Street has 0.01% invested in Acxiom Corporation (NASDAQ:ACXM) for 2.40 million shares. Ahl Llp holds 0.1% of its portfolio in Acxiom Corporation (NASDAQ:ACXM) for 82,319 shares. Quantbot Techs Limited Partnership holds 0% or 1,154 shares in its portfolio. Dimensional Fund Ltd Partnership holds 0.04% or 2.81 million shares in its portfolio. New York State Common Retirement Fund accumulated 0% or 135,018 shares. Loomis Sayles And L P holds 619 shares or 0% of its portfolio. Schwab Charles Inv Management Inc holds 0.01% or 382,151 shares in its portfolio. Vanguard Gp has invested 0.01% of its portfolio in Acxiom Corporation (NASDAQ:ACXM). Tiaa Cref Investment Mgmt Limited Liability Company last reported 285,730 shares in the company. Kbc Gp Nv reported 24,103 shares or 0.01% of all its holdings. Royal Comml Bank Of Canada last reported 0% of its portfolio in the stock. Northern Trust, a Illinois-based fund reported 1.93M shares. Paloma Prtnrs Management, a Connecticut-based fund reported 34,466 shares. The Texas-based King Luther Capital Management has invested 0.12% in Acxiom Corporation (NASDAQ:ACXM). Us Bank De owns 46,882 shares or 0% of their US portfolio.

Insider Transactions: Since July 6, 2016, the stock had 0 insider buys, and 2 selling transactions for $1.27 million net activity. 31,354 shares were sold by May S. Travis, worth $682,087 on Thursday, July 7.

Acxiom Corporation (NASDAQ:ACXM) Ratings Coverage

Out of 5 analysts covering Acxiom Corporation (NASDAQ:ACXM), 4 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 80% are positive. Acxiom Corporation has been the topic of 9 analyst reports since August 7, 2015 according to StockzIntelligence Inc. The stock of Acxiom Corporation (NASDAQ:ACXM) has “Buy” rating given on Friday, August 5 by Dougherty & Company. The stock of Acxiom Corporation (NASDAQ:ACXM) earned “Outperform” rating by William Blair on Wednesday, June 1. The stock has “Equal-Weight” rating given by First Analysis on Friday, November 18. On Friday, February 5 the stock rating was maintained by BMO Capital Markets with “Market Perform”. The company was initiated on Thursday, September 15 by Cantor Fitzgerald. The firm has “Buy” rating by Dougherty & Company given on Tuesday, May 24. The stock of Acxiom Corporation (NASDAQ:ACXM) has “Outperform” rating given on Friday, August 5 by BMO Capital Markets. The firm earned “Buy” rating on Friday, November 18 by Dougherty & Company.

ACXM Company Profile

Acxiom Corporation (Acxiom), incorporated on October 28, 1983, is a technology and enablement services company. The Firm operates through three business divisions: Marketing Services, Audience Solutions, and Connectivity. The Firm serves a global client base from locations in the United States, Europe and the Asia-Pacific region. The Company’s client base includes organizations in these regions across industry verticals, including financial, insurance and investment services, automotive, retail, telecommunications, healthcare, travel, entertainment, non-profit and government.

More news for Acxiom Corporation (NASDAQ:ACXM) were recently published by: Nytimes.com, which released: “Technology|Mapping, and Sharing, the Consumer Genome” on June 16, 2012. Fool.com‘s article titled: “Why Acxiom Corp. Shares Sank on Wednesday” and published on May 18, 2016 is yet another important article.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By Richard Conner


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>