Sei Investments Co. Purchases 12,463 Shares of ACI Worldwide, Inc. (NASDAQ:ACIW)

Sei Investments Co. boosted its holdings in shares of ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 3.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 405,631 shares of the technology company's stock after buying an additional 12,463 shares during the period. Sei Investments Co. owned about 0.39% of ACI Worldwide worth $21,056,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in ACIW. State Street Corp boosted its stake in ACI Worldwide by 1.3% in the third quarter. State Street Corp now owns 4,455,864 shares of the technology company's stock worth $226,803,000 after purchasing an additional 56,919 shares in the last quarter. Geode Capital Management LLC raised its position in ACI Worldwide by 1.3% in the 3rd quarter. Geode Capital Management LLC now owns 2,502,628 shares of the technology company's stock valued at $127,407,000 after buying an additional 31,561 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in ACI Worldwide by 0.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,398,333 shares of the technology company's stock worth $72,587,000 after buying an additional 8,599 shares in the last quarter. Congress Asset Management Co. acquired a new position in ACI Worldwide during the fourth quarter valued at approximately $55,998,000. Finally, American Century Companies Inc. raised its position in ACI Worldwide by 206.2% during the fourth quarter. American Century Companies Inc. now owns 1,005,479 shares of the technology company's stock worth $52,194,000 after acquiring an additional 677,143 shares in the last quarter. Institutional investors own 94.74% of the company's stock.

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ACI Worldwide Stock Performance

NASDAQ:ACIW traded down $0.89 on Friday, hitting $54.28. The company's stock had a trading volume of 595,450 shares, compared to its average volume of 679,860. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $5.72 billion, a P/E ratio of 25.73 and a beta of 1.13. ACI Worldwide, Inc. has a one year low of $31.19 and a one year high of $59.71. The stock has a fifty day moving average of $53.13 and a two-hundred day moving average of $52.75.

Insider Buying and Selling

In related news, Director Charles E. Peters, Jr. sold 12,940 shares of the company's stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $57.57, for a total value of $744,955.80. Following the transaction, the director now directly owns 80,842 shares in the company, valued at approximately $4,654,073.94. This represents a 13.80 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 1.00% of the stock is currently owned by insiders.

About ACI Worldwide

ACI Worldwide, Inc, a software company, develops, markets, installs, and supports a range of software products and solutions for facilitating digital payments in the United States and internationally. The company operates in three segments: Banks, Merchants, and Billers. The company offers ACI Acquiring, a solution to process credit, debit, and prepaid card transactions, deliver digital innovation, and fraud prevention; ACI Issuing, a digital payment issuing solution for new payment offering; and ACI Enterprise Payments Platform that provides payment processing and orchestration capabilities for digital payments.