Amundi Acquires 30,901 Shares of ACI Worldwide, Inc. (NASDAQ:ACIW)

Amundi grew its stake in ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 95.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 63,221 shares of the technology company's stock after purchasing an additional 30,901 shares during the quarter. Amundi owned approximately 0.06% of ACI Worldwide worth $3,295,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Pacer Advisors Inc. grew its holdings in shares of ACI Worldwide by 3.2% in the fourth quarter. Pacer Advisors Inc. now owns 7,763 shares of the technology company's stock valued at $403,000 after acquiring an additional 238 shares in the last quarter. Blue Trust Inc. grew its stake in ACI Worldwide by 104.9% in the 4th quarter. Blue Trust Inc. now owns 582 shares of the technology company's stock valued at $30,000 after purchasing an additional 298 shares during the period. GAMMA Investing LLC raised its stake in shares of ACI Worldwide by 24.0% during 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 during the period. Savant Capital LLC boosted its stake in ACI Worldwide by 12.3% in the fourth quarter. Savant Capital LLC now owns 5,381 shares of the technology company's stock valued at $279,000 after acquiring an additional 590 shares during the last quarter. Finally, Atria Investments Inc grew its holdings in ACI Worldwide by 8.4% during 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 period. Hedge funds and other institutional investors own 94.74% of the company's stock.

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Insider Activity at ACI Worldwide

In other news, Director Charles E. Peters, Jr. sold 12,940 shares of the company's stock in a transaction dated Monday, March 3rd. The stock was 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 in the company, valued at $4,654,073.94. This represents a 13.80 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 1.00% of the stock is currently owned by corporate insiders.

ACI Worldwide Stock Performance

ACI Worldwide stock traded down $0.04 during midday trading on Thursday, reaching $53.50. The stock had a trading volume of 411,338 shares, compared to its average volume of 641,887. The firm has a market capitalization of $5.64 billion, a PE ratio of 25.36 and a beta of 1.13. ACI Worldwide, Inc. has a 12 month low of $31.19 and a 12 month high of $59.71. 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 firm's 50-day moving average price is $52.90 and its 200 day moving average price is $52.46.

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.