Acxiom Corporation (NASDAQ:ACXM)’s Trend Unknown, Especially After Increased Shorts

June 16, 2018 - By Louis Casey

Acxiom Corporation (NASDAQ:ACXM) Logo

Investors sentiment decreased to 0.94 in 2018 Q1. Its down 0.19, from 1.13 in 2017Q4. It dropped, as 18 investors sold Acxiom Corporation shares while 66 reduced holdings. 22 funds opened positions while 57 raised stakes. 69.42 million shares or 1.44% less from 70.43 million shares in 2017Q4 were reported.
Employees Retirement Association Of Colorado reported 15,686 shares stake. Renaissance Techs Limited Company owns 181,845 shares or 0% of their US portfolio. Schroder Management Group invested 0.03% in Acxiom Corporation (NASDAQ:ACXM). State Teachers Retirement System invested in 0.01% or 151,790 shares. Maryland-based Profund Ltd Llc has invested 0.01% in Acxiom Corporation (NASDAQ:ACXM). Principal Financial Gru accumulated 0.01% or 335,239 shares. Hsbc Public Limited Co invested in 0% or 11,607 shares. Whittier Tru Of Nevada owns 1,200 shares for 0% of their portfolio. Mutual Of America Cap Mngmt Limited Liability Corporation invested in 0.02% or 65,598 shares. Balyasny Asset Mngmt Limited Liability Company has invested 0% of its portfolio in Acxiom Corporation (NASDAQ:ACXM). Alliancebernstein Lp invested in 0% or 116,341 shares. 767,370 are owned by Sumitomo Mitsui Asset Mngmt. Goldman Sachs Grp has 1.22M shares for 0.01% of their portfolio. Boothbay Fund Mngmt Limited Com stated it has 0.14% of its portfolio in Acxiom Corporation (NASDAQ:ACXM). Millennium Management Limited Liability holds 0% of its portfolio in Acxiom Corporation (NASDAQ:ACXM) for 10,447 shares.

Since March 29, 2018, it had 1 insider purchase, and 0 sales for $2,308 activity.

The stock of Acxiom Corporation (NASDAQ:ACXM) registered an increase of 10.03% in short interest. ACXM’s total short interest was 4.13 million shares in June as published by FINRA. Its up 10.03% from 3.75 million shares, reported previously. With 544,300 shares average volume, it will take short sellers 8 days to cover their ACXM’s short positions. The short interest to Acxiom Corporation’s float is 5.68%.

The stock decreased 1.02% or $0.31 during the last trading session, reaching $30.02. About 486,643 shares traded. Acxiom Corporation (NASDAQ:ACXM) has risen 9.67% since June 16, 2017 and is uptrending. It has underperformed by 2.90% the S&P500.

Acxiom Corporation operates as a technology and enablement services firm in the United States, Europe, the Asia-Pacific, and internationally. The company has market cap of $2.31 billion. The firm operates through three divisions: Connectivity, Audience Solutions, and Marketing Services. It has a 244.07 P/E ratio. The Connectivity segment provides a foundational identity resolution layer, which enables its clients to identify and reach clients across channels and measure the impact of marketing on sales.

Acxiom Corporation (NASDAQ:ACXM) Ratings Coverage

Among 4 analysts covering Acxiom Corp (NASDAQ:ACXM), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Acxiom Corp had 8 analyst reports since January 24, 2018 according to SRatingsIntel. William Blair maintained Acxiom Corporation (NASDAQ:ACXM) on Thursday, March 8 with “Buy” rating. On Thursday, March 15 the stock rating was maintained by BMO Capital Markets with “Outperform”. BMO Capital Markets maintained Acxiom Corporation (NASDAQ:ACXM) rating on Wednesday, February 7. BMO Capital Markets has “Outperform” rating and $36 target. The stock of Acxiom Corporation (NASDAQ:ACXM) has “Buy” rating given on Monday, April 16 by BMO Capital Markets. Stephens maintained Acxiom Corporation (NASDAQ:ACXM) on Wednesday, January 24 with “Buy” rating. Wells Fargo maintained it with “Buy” rating and $3300 target in Monday, April 2 report. The stock of Acxiom Corporation (NASDAQ:ACXM) has “Buy” rating given on Friday, February 16 by Stephens. Stephens maintained Acxiom Corporation (NASDAQ:ACXM) on Wednesday, February 7 with “Buy” rating.

More news for Acxiom Corporation (NASDAQ:ACXM) were recently published by: Nasdaq.com, which released: “Kiip Launches Signal-Based Mobile Audiences via LiveRamp IdentityLink Data Store” on June 05, 2018. Prnewswire.com‘s article titled: “LiveRamp and ADARA to Power People-based Marketing for Travel, Tourism Industries” and published on June 12, 2018 is yet another important article.

Acxiom Corporation (NASDAQ:ACXM) Institutional Positions Chart

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