Bank of New York Mellon Corp Has $40.67 Million Stock Holdings in ACI Worldwide, Inc. (NASDAQ:ACIW)

Bank of New York Mellon Corp trimmed its position in ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 3.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 783,518 shares of the technology company's stock after selling 24,954 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.75% of ACI Worldwide worth $40,672,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Farther Finance Advisors LLC lifted its position in shares of ACI Worldwide by 177.3% in the third quarter. Farther Finance Advisors LLC now owns 502 shares of the technology company's stock valued at $26,000 after buying an additional 321 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its stake in ACI Worldwide by 160.6% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 63,121 shares of the technology company's stock valued at $3,213,000 after acquiring an additional 38,895 shares during the period. Capital Performance Advisors LLP acquired a new stake in ACI Worldwide during the 3rd quarter valued at $118,000. Assetmark Inc. boosted its position in ACI Worldwide by 6.6% during the third quarter. Assetmark Inc. now owns 33,636 shares of the technology company's stock worth $1,712,000 after purchasing an additional 2,096 shares during the period. Finally, Atria Investments Inc increased its holdings in shares of ACI Worldwide by 8.4% in the third quarter. Atria Investments Inc now owns 15,532 shares of the technology company's stock valued at $791,000 after purchasing an additional 1,204 shares during the last quarter. 94.74% of the stock is currently owned by institutional investors and hedge funds.

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Insider Activity

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

ACI Worldwide Stock Performance

Shares of NASDAQ ACIW traded down $1.52 during mid-day trading on Monday, reaching $51.69. 812,305 shares of the company were exchanged, compared to its average volume of 642,749. The stock has a market capitalization of $5.44 billion, a P/E ratio of 24.50 and a beta of 1.13. 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's 50-day simple moving average is $52.87 and its 200-day simple moving average is $52.31. ACI Worldwide, Inc. has a twelve month low of $31.19 and a twelve month 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.