American Century Companies Inc. Boosts Holdings in ACI Worldwide, Inc. (NASDAQ:ACIW)

American Century Companies Inc. grew its position in shares of ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 206.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,005,479 shares of the technology company's stock after purchasing an additional 677,143 shares during the period. American Century Companies Inc. owned approximately 0.96% of ACI Worldwide worth $52,194,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Blue Trust Inc. increased its stake in ACI Worldwide by 104.9% during the 4th 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. Farther Finance Advisors LLC increased its position in shares of ACI Worldwide by 278.3% during the fourth quarter. Farther Finance Advisors LLC now owns 1,899 shares of the technology company's stock worth $99,000 after acquiring an additional 1,397 shares during the period. GAMMA Investing LLC raised its stake in shares of ACI Worldwide by 24.0% in the fourth quarter. GAMMA Investing LLC now owns 2,624 shares of the technology company's stock valued at $136,000 after acquiring an additional 508 shares in the last quarter. Tocqueville Asset Management L.P. purchased a new position in ACI Worldwide in the fourth quarter valued at $201,000. Finally, Point72 Asset Management L.P. acquired a new position in ACI Worldwide during the 3rd quarter worth $204,000. 94.74% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at ACI Worldwide

In other ACI Worldwide 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 sale, the director now directly owns 80,842 shares of the company's stock, valued at $4,654,073.94. This trade represents a 13.80 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.00% of the company's stock.

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ACI Worldwide Stock Down 1.6 %

Shares of NASDAQ:ACIW traded down $0.89 during trading hours on Friday, reaching $54.28. The stock had a trading volume of 595,450 shares, compared to its average volume of 679,860. ACI Worldwide, Inc. has a 1 year low of $31.19 and a 1 year high of $59.71. The firm's 50 day moving average is $53.13 and its 200-day moving average is $52.79. The stock has a market capitalization of $5.72 billion, a price-to-earnings ratio of 25.73 and a beta of 1.13. 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

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.