Acxiom Corporation (NASDAQ:ACXM) registered a 10.92% increase, still its new closing price is 63.56% up from the company’s 1 year high of 27.73.It posted 8.63% gains in previous 5 sessions and is now the subject of 1 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 3 buy or better ratings. The 7 stock analysts following this company have an average price target at $32.00, with individual PT in the $30.00-$33.00 range. The shares moved at $28.95, implying that brokerage firms see shares gaining about 60.74% in twelve months time.
Acxiom Corporation (ACXM) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 8.02% rise year to date. A Divisional President at Acxiom Corporation (ACXM) offloaded shares in a transaction closed on Thursday July 07, 2016. May S. Travis sold 31,354 shares in the company at $21.75 each and collected $681,001 in proceeds. May S. Travis now owns 245,315 shares in the company after this transaction. A Divisional President in the company, May S. Travis, disclosed a transaction on Wednesday July 06, 2016 that ended up generating $586,000 from the sale of 27,576 shares at $21.26 per share.
Acxiom Corporation (NASDAQ:ACXM) Upcoming Results on Tap
Acxiom Corporation will next provide financial results for the June 2017 quarter. Stock analysts expect it to report per-share earnings of $0.17 in that period. Sales during the quarter are predicted to arrive at $226.6 million.
Earnings surprise history: Last quarter, the company posted approximately $223.31 million in revenue and EPS of $0.24. The mean forecast was for $219.43 million and $0.15 a share, respectively. One quarter earlier, revenue for the stock was at $217.27 million, with earnings at $0.18/share.
Acxiom Corporation (ACXM) Brokerage Update
Acxiom Corporation (ACXM) is in First Analysis Sec’s research list so their analyst rating change is noteworthy. These shares were downgraded to Equal-Weight from Overweight by First Analysis Sec, according to news reported on Friday November 18, 2016.Another important research note was issued by BMO Capital Markets on Friday August 05, 2016.The firm upgraded ACXM to Outperform from Market Perform. Over the last six months and over the last three months, the shares of Acxiom Corporation (ACXM), have changed 25.98% and 22.88%, respectively.