Cibc World Markets Corp Invests $512,000 in ACI Worldwide, Inc. (NASDAQ:ACIW)

Cibc World Markets Corp acquired a new position in shares of ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 9,870 shares of the technology company's stock, valued at approximately $512,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Blue Trust Inc. grew its position in ACI Worldwide by 104.9% in the fourth quarter. Blue Trust Inc. now owns 582 shares of the technology company's stock valued at $30,000 after acquiring an additional 298 shares during the period. Farther Finance Advisors LLC grew 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 worth $99,000 after purchasing an additional 1,397 shares during the last quarter. GAMMA Investing LLC grew 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 during the last quarter. Point72 Asset Management L.P. acquired a new stake in shares of ACI Worldwide during the 3rd quarter worth about $204,000. Finally, Cim Investment Management Inc. bought a new position in ACI Worldwide during the 3rd quarter valued at about $206,000. Institutional investors own 94.74% of the company's stock.

ACI Worldwide Price Performance

ACI Worldwide stock traded down $0.18 during trading hours on Wednesday, hitting $55.08. 458,478 shares of the stock were exchanged, compared to its average volume of 645,492. The stock has a market capitalization of $5.80 billion, a P/E ratio of 26.10 and a beta of 1.13. The business's 50-day moving average is $53.08 and its two-hundred day moving average is $52.63. 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 12 month low of $31.19 and a 12 month high of $59.71.

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Insider Transactions at ACI Worldwide

In other ACI Worldwide news, Director Charles E. Peters, Jr. sold 12,940 shares of the business's stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $57.57, for a total value of $744,955.80. Following the completion of the transaction, the director now directly 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 1.00% of the stock is owned by company insiders.

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.