Acxiom Corporation (NASDAQ:ACXM), saw an insider lower his holdings with the company through a recent transaction. Chief Executive Officer Scott E. Howe disposed of 7,430 shares of common stock at an average price of $18.57 per share. Following this transaction, Howe now holds 706,676 shares directly, while indirectly having 1,615.6167 shares invested in the company.
Acxiom Corporation (NASDAQ:ACXM), is a $1.44 billion market cap enterprise data, analytics and software-as-a-service company. The Company operates in three segments: Marketing and Data Services, IT Infrastructure Management, and Other Services.
As well, multiple hedge funds are involved with the company. Steadfast Capital Management, the hedge fund run by Robert Pitts reported an increase in activity by 46% last quarter, now holding 3,559,815 shares worth about $122.4 million; while Mariko Gordon‘s Daruma Asset Management decreased its involvement by 7% last quarter, and now has 2,647,903 shares worth approximately $91 million invested in Acxiom Corporation (NASDAQ:ACXM).
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.