Villanova Investment Management Co LLC Sells 14,733 Shares of ACI Worldwide, Inc. (NASDAQ:ACIW)

Villanova Investment Management Co LLC lowered its position in ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 40.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,532 shares of the technology company's stock after selling 14,733 shares during the quarter. Villanova Investment Management Co LLC's holdings in ACI Worldwide were worth $1,118,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Blue Trust Inc. boosted its holdings in ACI Worldwide by 104.9% during the 4th quarter. Blue Trust Inc. now owns 582 shares of the technology company's stock valued at $30,000 after acquiring an additional 298 shares during the period. Farther Finance Advisors LLC lifted its position in shares of ACI Worldwide by 278.3% during the fourth quarter. Farther Finance Advisors LLC now owns 1,899 shares of the technology company's stock worth $99,000 after purchasing an additional 1,397 shares during the last quarter. GAMMA Investing LLC boosted its stake in shares of ACI Worldwide by 24.0% during the fourth quarter. GAMMA Investing LLC now owns 2,624 shares of the technology company's stock valued at $136,000 after purchasing an additional 508 shares during the period. Tocqueville Asset Management L.P. bought a new position in shares of ACI Worldwide in the fourth quarter worth about $201,000. Finally, Point72 Asset Management L.P. purchased a new position in ACI Worldwide in the 3rd quarter worth about $204,000. Institutional investors own 94.74% of the company's stock.

Insider Activity

In related news, Director Charles E. Peters, Jr. sold 12,940 shares of the stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $57.57, for a total value of $744,955.80. Following the transaction, the director now owns 80,842 shares of the company's stock, valued at $4,654,073.94. This represents a 13.80 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.00% of the company's stock.

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ACI Worldwide Trading Down 6.1 %

ACIW traded down $3.28 on Friday, reaching $50.18. 1,012,012 shares of the company traded hands, compared to its average volume of 691,443. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.72. The company has a market cap of $5.29 billion, a P/E ratio of 23.78 and a beta of 1.13. The firm has a fifty day simple moving average of $53.26 and a two-hundred day simple moving average of $52.97. ACI Worldwide, Inc. has a one year low of $31.19 and a one year high of $59.71.

ACI Worldwide Company Profile

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.