Charles Schwab Investment Management Inc. boosted its stake in ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 0.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,398,333 shares of the technology company's stock after buying an additional 8,599 shares during the period. Charles Schwab Investment Management Inc. owned 1.33% of ACI Worldwide worth $72,587,000 as of its most recent SEC filing.
Several other large investors have also recently added to or reduced their stakes in the stock. State Street Corp increased its position 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 buying an additional 56,919 shares during the period. Geode Capital Management LLC increased its position in ACI Worldwide by 1.3% in the third quarter. Geode Capital Management LLC now owns 2,502,628 shares of the technology company's stock worth $127,407,000 after buying an additional 31,561 shares during the period. Congress Asset Management Co. acquired a new stake in ACI Worldwide in the fourth quarter worth $55,998,000. Principal Financial Group Inc. grew its stake in shares of ACI Worldwide by 4.0% in the fourth quarter. Principal Financial Group Inc. now owns 545,506 shares of the technology company's stock worth $28,317,000 after purchasing an additional 20,893 shares in the last quarter. Finally, Fisher Asset Management LLC grew its stake in shares of ACI Worldwide by 0.4% in the fourth quarter. Fisher Asset Management LLC now owns 465,012 shares of the technology company's stock worth $24,139,000 after purchasing an additional 2,041 shares in the last quarter. 94.74% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at ACI Worldwide
In other news, Director Charles E. Peters, Jr. sold 12,940 shares of the stock in a transaction 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 owns 80,842 shares of the company's stock, 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 document filed with the SEC, which can be accessed through this link. Company insiders own 1.00% of the company's stock.
ACI Worldwide Trading Up 0.2 %
NASDAQ:ACIW opened at $51.77 on Wednesday. ACI Worldwide, Inc. has a 1 year low of $31.19 and a 1 year high of $59.71. The stock has a market cap of $5.45 billion, a price-to-earnings ratio of 24.54 and a beta of 1.13. The business has a fifty day moving average of $52.88 and a 200-day moving average of $52.35. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.56 and a current ratio of 1.56.
About ACI Worldwide
(
Free Report)
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.
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