Aristides Capital LLC Boosts Holdings in ACI Worldwide, Inc. (NASDAQ:ACIW)

Aristides Capital LLC boosted its position in shares of ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 70.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,022 shares of the technology company's stock after purchasing an additional 6,640 shares during the period. Aristides Capital LLC's holdings in ACI Worldwide were worth $832,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Norges Bank purchased a new stake in shares of ACI Worldwide during the 4th quarter valued at approximately $75,868,000. Congress Asset Management Co. purchased a new stake in ACI Worldwide in the fourth quarter valued at $55,998,000. American Century Companies Inc. raised its position in ACI Worldwide by 206.2% in the fourth quarter. American Century Companies Inc. now owns 1,005,479 shares of the technology company's stock valued at $52,194,000 after purchasing an additional 677,143 shares during the period. Geode Capital Management LLC lifted its stake in shares of ACI Worldwide by 18.4% in the 4th quarter. Geode Capital Management LLC now owns 2,962,449 shares of the technology company's stock valued at $154,095,000 after purchasing an additional 459,821 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of ACI Worldwide by 109.1% during the 4th quarter. JPMorgan Chase & Co. now owns 539,572 shares of the technology company's stock worth $28,009,000 after purchasing an additional 281,562 shares during the period. 94.74% of the stock is currently owned by institutional investors and hedge funds.

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Insider Buying and Selling at ACI Worldwide

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

ACI Worldwide Trading Up 0.2 %

ACIW traded up $0.09 on Friday, hitting $51.02. The company had a trading volume of 297,417 shares, compared to its average volume of 700,391. The company's fifty day moving average price is $52.88 and its 200 day moving average price is $52.97. ACI Worldwide, Inc. has a 1 year low of $31.19 and a 1 year high of $59.71. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.72. The firm has a market cap of $5.37 billion, a P/E ratio of 24.13 and a beta of 1.13.

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.