Headlands Technologies LLC Has $525,000 Stock Position in ACI Worldwide, Inc. (NASDAQ:ACIW)

Headlands Technologies LLC raised its stake in ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 998.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,109 shares of the technology company's stock after purchasing an additional 9,189 shares during the period. Headlands Technologies LLC's holdings in ACI Worldwide were worth $525,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in ACIW. Blue Trust Inc. raised its stake in shares of ACI Worldwide by 104.9% in the fourth quarter. Blue Trust Inc. now owns 582 shares of the technology company's stock valued at $30,000 after purchasing an additional 298 shares in the last quarter. Farther Finance Advisors LLC lifted its position in ACI Worldwide by 278.3% during the 4th quarter. Farther Finance Advisors LLC now owns 1,899 shares of the technology company's stock worth $99,000 after buying an additional 1,397 shares in the last quarter. GAMMA Investing LLC grew 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 last quarter. Tocqueville Asset Management L.P. acquired a new stake in shares of ACI Worldwide in the 4th quarter valued at $201,000. Finally, Point72 Asset Management L.P. acquired a new stake in ACI Worldwide in the third quarter worth about $204,000. Institutional investors own 94.74% of the company's stock.

Insider Buying and Selling

In related news, Director Charles E. Peters, Jr. sold 12,940 shares of the business's 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 completion of the transaction, the director now directly owns 80,842 shares in the company, valued at approximately $4,654,073.94. The trade was a 13.80 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.00% of the stock is owned by insiders.

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ACI Worldwide Trading Up 11.1 %

NASDAQ ACIW traded up $5.35 on Wednesday, reaching $53.35. The company had a trading volume of 1,133,393 shares, compared to its average volume of 700,517. The stock has a market cap of $5.62 billion, a price-to-earnings ratio of 25.28 and a beta of 1.13. ACI Worldwide, Inc. has a 52 week low of $31.19 and a 52 week high of $59.71. The stock's 50 day moving average is $52.93 and its 200-day moving average is $52.97. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.72.

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.