Sei Investments Co. lowered its stake in Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 12.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 146,750 shares of the technology company’s stock after selling 21,496 shares during the period. Sei Investments Co. owned approximately 0.19% of Jack Henry & Associates worth $15,242,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in JKHY. 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 valued at $666,889,000 after buying an additional 337,287 shares during the period. 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 valued at $574,556,000 after buying an additional 6,118,912 shares during the period. State Street Corp increased its stake in shares of Jack Henry & Associates by 3.2% in the first quarter. State Street Corp now owns 2,077,039 shares of the technology company’s stock valued at $193,370,000 after buying an additional 65,174 shares during the period. Kayne Anderson Rudnick Investment Management LLC increased its stake in shares of Jack Henry & Associates by 3.3% in the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,982,917 shares of the technology company’s stock valued at $184,609,000 after buying an additional 64,170 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in shares of Jack Henry & Associates by 4.8% in the first quarter. Bank of New York Mellon Corp now owns 1,248,954 shares of the technology company’s stock valued at $116,277,000 after buying an additional 57,711 shares during the period. Institutional investors and hedge funds own 87.92% of the company’s stock.

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Separately, Zacks Investment Research downgraded Jack Henry & Associates from a “buy” rating to a “hold” rating in a report on Saturday, June 10th.

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

About Jack Henry & Associates

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).

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

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