Hartford Investment Management Co. purchased a new position in Jack Henry & Associates, Inc. (NASDAQ:JKHY) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 2,628 shares of the technology company’s stock, valued at approximately $273,000.

Other large investors have also recently modified their holdings of the company. BlackRock Inc. increased its stake in shares of Jack Henry & Associates by 11,657.7% in the first quarter. BlackRock Inc. now owns 6,171,400 shares of the technology company’s stock worth $574,556,000 after buying an additional 6,118,912 shares during the period. Vanguard Group Inc. increased its stake in shares of Jack Henry & Associates by 4.9% in the first quarter. Vanguard Group Inc. now owns 7,163,139 shares of the technology company’s stock worth $666,889,000 after buying an additional 337,287 shares during the period. UBS Asset Management Americas Inc. increased its stake in shares of Jack Henry & Associates by 175.1% in the fourth quarter. UBS Asset Management Americas Inc. now owns 273,455 shares of the technology company’s stock worth $24,276,000 after buying an additional 174,062 shares during the period. FMR LLC increased its stake in shares of Jack Henry & Associates by 3,750.5% in the first quarter. FMR LLC now owns 102,500 shares of the technology company’s stock worth $9,542,000 after buying an additional 99,838 shares during the period. Finally, Bank of Montreal Can increased its stake in shares of Jack Henry & Associates by 393.0% in the second quarter. Bank of Montreal Can now owns 111,881 shares of the technology company’s stock worth $11,621,000 after buying an additional 89,185 shares during the period. Institutional investors and hedge funds own 87.92% of the company’s stock.

Shares of Jack Henry & Associates, Inc. (JKHY) traded up 0.401% during midday trading on Monday, hitting $106.455. 60,792 shares of the stock were exchanged. The stock’s 50-day moving average price is $105.10 and its 200 day moving average price is $97.85. Jack Henry & Associates, Inc. has a one year low of $79.00 and a one year high of $109.67. The stock has a market cap of $8.27 billion, a P/E ratio of 31.542 and a beta of 0.75.

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Separately, Zacks Investment Research downgraded shares of Jack Henry & Associates from a “buy” rating to a “hold” rating in a report on Tuesday, April 11th.

In related news, VP Mark S. Forbis sold 900 shares of the stock in a transaction that occurred on Monday, May 15th. The stock was sold at an average price of $96.75, for a total value of $87,075.00. Following the transaction, the vice president now owns 1,064 shares in the company, valued at $102,942. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider John F. Prim sold 9,650 shares of the stock in a transaction that occurred on Tuesday, June 13th. The stock was sold at an average price of $103.89, for a total value of $1,002,538.50. Following the completion of the transaction, the insider now owns 206,164 shares in the company, valued at approximately $21,418,377.96. The disclosure for this sale can be found here. Insiders sold a total of 13,350 shares of company stock worth $1,383,334 in the last quarter. 0.80% of the stock is owned by corporate insiders.

Jack Henry & Associates Company Profile

Jack Henry & Associates, Inc is a provider of information processing solutions for community banks. The Company offers a range of products and services, including processing transactions, automating business processes, and managing information financial institutions and diverse corporate entities. It operates in two segments: bank systems and services (Bank) and credit union systems and services (Credit Union).

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Institutional Ownership by Quarter for Jack Henry & Associates (NASDAQ:JKHY)

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