River Road Asset Management LLC Has $16.53 Million Stock Position in ACI Worldwide, Inc. (NASDAQ:ACIW)

River Road Asset Management LLC decreased its position in shares of ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 61.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 318,517 shares of the technology company's stock after selling 507,997 shares during the period. River Road Asset Management LLC owned about 0.30% of ACI Worldwide worth $16,534,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Farther Finance Advisors LLC grew its holdings in shares of ACI Worldwide by 177.3% during the third quarter. Farther Finance Advisors LLC now owns 502 shares of the technology company's stock valued at $26,000 after purchasing an additional 321 shares during the last quarter. Blue Trust Inc. boosted its holdings 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 worth $30,000 after buying an additional 298 shares during the period. GAMMA Investing LLC grew its holdings 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 buying an additional 508 shares in the last quarter. Aigen Investment Management LP purchased a new stake in ACI Worldwide in the 3rd quarter worth approximately $204,000. Finally, Point72 Asset Management L.P. acquired a new stake in shares of ACI Worldwide during the 3rd quarter valued at about $204,000. Hedge funds and other institutional investors own 94.74% of the company's stock.

ACI Worldwide Stock Performance

Shares of NASDAQ:ACIW traded up $0.04 during midday trading on Wednesday, hitting $51.81. The company's stock had a trading volume of 260,791 shares, compared to its average volume of 642,362. The stock has a market capitalization of $5.46 billion, a price-to-earnings ratio of 24.53 and a beta of 1.13. ACI Worldwide, Inc. has a fifty-two week low of $31.19 and a fifty-two week high of $59.71. The stock's 50 day simple moving average is $52.88 and its 200 day simple moving average is $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.

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Insider Buying and Selling

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 currently owned by corporate insiders.

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.