Shares of Acxiom Corp. (NASDAQ:ACXM) saw unusually-high trading volume on Wednesday . Approximately 319,561 shares changed hands during mid-day trading, a decline of 19% from the previous session’s volume of 394,276 shares.The stock last traded at $21.71 and had previously closed at $21.90.

ACXM has been the subject of a number of analyst reports. William Blair initiated coverage on Acxiom Corp. in a research report on Tuesday, May 31st. They issued an “outperform” rating for the company. Dougherty & Co initiated coverage on Acxiom Corp. in a research report on Tuesday, May 24th. They issued a “buy” rating and a $28.00 price target for the company. Finally, Zacks Investment Research downgraded Acxiom Corp. from a “hold” rating to a “sell” rating in a research report on Friday, May 20th.

The firm has a market capitalization of $1.68 billion and a price-to-earnings ratio of 252.33. The firm has a 50 day moving average of $21.41 and a 200 day moving average of $20.88.

Acxiom Corp. (NASDAQ:ACXM) last announced its quarterly earnings results on Tuesday, May 17th. The company reported $0.18 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.12 by $0.06. During the same period last year, the company earned $0.24 EPS. The business earned $225 million during the quarter, compared to analyst estimates of $213.90 million. The business’s revenue for the quarter was up 9.2% on a year-over-year basis. On average, analysts forecast that Acxiom Corp. will post $0.55 EPS for the current year.

A number of institutional investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP raised its position in Acxiom Corp. by 8.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,531,701 shares of the company’s stock valued at $52,965,000 after buying an additional 192,157 shares during the last quarter. Sei Investments Co. raised its position in Acxiom Corp. by 13,895.5% in the fourth quarter. Sei Investments Co. now owns 133,517 shares of the company’s stock valued at $2,793,000 after buying an additional 132,563 shares during the last quarter. Russell Frank Co raised its position in Acxiom Corp. by 31.9% in the fourth quarter. Russell Frank Co now owns 155,353 shares of the company’s stock valued at $3,334,000 after buying an additional 37,537 shares during the last quarter. Neuberger Berman Group LLC raised its position in Acxiom Corp. by 1.4% in the fourth quarter. Neuberger Berman Group LLC now owns 1,986,078 shares of the company’s stock valued at $41,549,000 after buying an additional 28,041 shares during the last quarter. Finally, Principal Financial Group Inc. raised its position in Acxiom Corp. by 3.3% in the fourth quarter. Principal Financial Group Inc. now owns 779,127 shares of the company’s stock valued at $16,299,000 after buying an additional 24,756 shares during the last quarter.

Acxiom Corporation is an enterprise data, analytics and software-as-a-service company. The Company’s operating segments include Marketing and Data Services, IT Infrastructure Management (ITO) and Other Services. The Marketing and Data Services segment includes its global lines of business for Customer Data Integration, Consumer Insight Solutions, Marketing Management Services (including the Audience Operating System and LiveRamp on-boarding services), e-mail Fulfillment Services and Consulting and Agency Services.

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