AlphaQuest LLC Sells 6,217 Shares of ACI Worldwide, Inc. (NASDAQ:ACIW)

AlphaQuest LLC lessened its stake in ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 43.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,246 shares of the technology company's stock after selling 6,217 shares during the period. AlphaQuest LLC's holdings in ACI Worldwide were worth $428,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in ACIW. Farther Finance Advisors LLC grew its position in ACI Worldwide by 177.3% in the third quarter. Farther Finance Advisors LLC now owns 502 shares of the technology company's stock worth $26,000 after acquiring an additional 321 shares in the last quarter. Blue Trust Inc. lifted its stake in ACI Worldwide by 104.9% during the fourth quarter. Blue Trust Inc. now owns 582 shares of the technology company's stock worth $30,000 after purchasing an additional 298 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of ACI Worldwide by 24.0% in the 4th quarter. GAMMA Investing LLC now owns 2,624 shares of the technology company's stock worth $136,000 after purchasing an additional 508 shares in the last quarter. Aigen Investment Management LP bought a new position in shares of ACI Worldwide during the 3rd quarter valued at about $204,000. Finally, Point72 Asset Management L.P. purchased a new position in shares of ACI Worldwide during the 3rd quarter valued at about $204,000. Institutional investors own 94.74% of the company's stock.

ACI Worldwide Price Performance

NASDAQ:ACIW traded up $0.34 during mid-day trading on Monday, reaching $53.26. The stock had a trading volume of 488,907 shares, compared to its average volume of 642,489. The stock has a market capitalization of $5.61 billion, a P/E ratio of 25.24 and a beta of 1.13. The firm has a 50 day moving average price of $52.83 and a two-hundred day moving average price of $52.41. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.56 and a current ratio of 1.56. ACI Worldwide, Inc. has a one year low of $31.19 and a one year high of $59.71.

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Insider Transactions at ACI Worldwide

In other news, Director Charles E. Peters, Jr. sold 12,940 shares of the business's stock in a transaction dated 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 sale, the director now owns 80,842 shares of the company's stock, valued at approximately $4,654,073.94. The trade was a 13.80 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 1.00% of the company's stock.

ACI Worldwide 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.