The stock of Acxiom Corporation (NASDAQ:ACXM) registered a decrease of 2.29% in short interest. ACXM’s total short interest was 3.68M shares in September as published by FINRA. Its down 2.29% from 3.77M shares, reported previously. With 347,600 shares average volume, it will take short sellers 11 days to cover their ACXM’s short positions. The short interest to Acxiom Corporation’s float is 4.84%. About 146,270 shares traded hands. Acxiom Corporation (NASDAQ:ACXM) has risen 31.83% since February 8, 2016 and is uptrending. It has outperformed by 15.34% the S&P500.
Acxiom Corporation is a technology and enablement services company. The company has a market cap of $2.04 billion. The Firm operates through three business divisions: Marketing Services, Audience Solutions, and Connectivity. It has a 4851.22 P/E ratio. The Company’s Marketing Services segment helps clients to unify data at individual level.
The institutional sentiment decreased to 1.37 in 2016 Q2. Its down 0.20, from 1.57 in 2016Q1. The ratio is negative, 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.
Rgm Capital Llc holds 7.8% of its portfolio in Acxiom Corporation for 2.95 million shares. Park Presidio Capital Llc owns 1.88 million shares or 6.46% of their US portfolio. Moreover, Daruma Capital Management Llc has 3.74% invested in the company for 2.61 million shares. The California-based Falcon Point Capital Llc has invested 2.39% in the stock. Kalmar Investments Inc De, a Delaware-based fund reported 2.24 million shares.
Out of 3 analysts covering Acxiom Corporation (NASDAQ:ACXM), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Acxiom Corporation has been the topic of 5 analyst reports since February 5, 2016 according to StockzIntelligence Inc. BMO Capital Markets upgraded the stock on August 5 to “Outperform” rating.
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