Jack Henry & Associates, Inc.’s Stock Price Soars to $178.00, Surging by 2.54% in Impressive Market Performance

Jack Henry & Associates, Inc. (JKHY)

178.00 USD +4.41 (+2.54%) Volume: 0.78M

Jack Henry & Associates, Inc.’s stock price is currently performing strong at 178.00 USD, showcasing a positive trading session with a 2.54% increase. With a trading volume of 0.78M and a year-to-date percentage change of +1.54%, JKHY’s stock continues to show promising growth and stability in the market.

Latest developments on Jack Henry & Associates, Inc.

Today, Jack Henry & Associates, Inc. (NASDAQ:JKHY) saw an increase in stock holdings as various financial institutions such as Advisor OS LLC, Los Angeles Capital Management LLC, Illinois Municipal Retirement Fund, and Bank of New York Mellon Corp made significant purchases of JKHY shares. Advisor OS LLC acquired a stake worth $428,000 in the company, while Los Angeles Capital Management LLC boosted their stock holdings. Illinois Municipal Retirement Fund also purchased shares of JKHY, and Bank of New York Mellon Corp bought over 70,000 shares of the company. These actions may have contributed to the movements in Jack Henry & Associates‘ stock price today.

Jack Henry & Associates, Inc. on Smartkarma

Analysts on Smartkarma, like Business Breakdowns, have provided coverage on Jack Henry & Associates. In their report titled “Jack Henry: VMS King – [Business Breakdowns, EP.205]”, they highlight Jack Henry as a fintech company offering operating system software for small and mid-sized banks. The report leans bullish on the company, emphasizing their focus on organic growth and their strong performance since their IPO in the mid-80s.

According to the analysts, Jack Henry is considered a best-in-class operator within the vertical market software space, selling operating system software tailored for small and mid-sized banks. The research report sourced through publicly available information provides general informational purposes on the company’s core product and growth strategy. Analysts like Business Breakdowns offer valuable insights for investors looking to understand the potential of companies like Jack Henry & Associates.

A look at Jack Henry & Associates, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Jack Henry & Associates has a positive long-term outlook based on the Smartkarma Smart Scores. With a strong score in Dividend and Momentum, the company is showing stability and growth potential. The Value and Growth scores are also solid, indicating a balanced performance in terms of financial health and future expansion. Overall, Jack Henry & Associates is positioned well for continued success in the financial technology sector.

Jack Henry & Associates, Inc. is a company that focuses on developing and installing computer systems for banks and financial institutions. Their services include data processing, software customization, and ongoing customer support. With a mix of steady resilience and promising momentum, Jack Henry & Associates is set to maintain its position as a key player in the industry, delivering value to both clients and investors.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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