Bryce Point Capital LLC Takes Position in ACI Worldwide, Inc. (NASDAQ:ACIW)

Bryce Point Capital LLC bought a new position in shares of ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 9,961 shares of the technology company's stock, valued at approximately $517,000.

Several other institutional investors have also added to or reduced their stakes in ACIW. Blue Trust Inc. lifted its position in ACI Worldwide by 104.9% during the fourth 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 last quarter. Farther Finance Advisors LLC lifted its holdings in shares of ACI Worldwide by 278.3% in the 4th quarter. Farther Finance Advisors LLC now owns 1,899 shares of the technology company's stock valued at $99,000 after acquiring an additional 1,397 shares during the last quarter. GAMMA Investing LLC grew its position in ACI Worldwide by 24.0% in the fourth quarter. GAMMA Investing LLC now owns 2,624 shares of the technology company's stock worth $136,000 after acquiring an additional 508 shares in the last quarter. Tocqueville Asset Management L.P. bought a new stake in ACI Worldwide during the fourth quarter worth approximately $201,000. Finally, Point72 Asset Management L.P. purchased a new stake in ACI Worldwide during the third quarter valued at approximately $204,000. Hedge funds and other institutional investors own 94.74% of the company's stock.

Insiders Place Their Bets

In other ACI Worldwide news, Director Charles E. Peters, Jr. sold 12,940 shares of the business's stock in a transaction that occurred 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 owns 80,842 shares in the company, valued at $4,654,073.94. The trade was a 13.80 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 1.00% of the stock is owned by insiders.

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ACI Worldwide Trading Up 11.1 %

Shares of ACI Worldwide stock traded up $5.35 on Wednesday, reaching $53.35. The company had a trading volume of 1,133,393 shares, compared to its average volume of 700,517. The firm has a market cap of $5.62 billion, a price-to-earnings ratio of 25.28 and a beta of 1.13. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.56 and a quick ratio of 1.56. The firm's 50-day moving average price is $52.93 and its two-hundred 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.

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.