51,760 Shares in ACI Worldwide, Inc. (NASDAQ:ACIW) Bought by F M Investments LLC

F M Investments LLC bought a new position in shares of ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 51,760 shares of the technology company's stock, valued at approximately $2,687,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Blue Trust Inc. grew 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 purchasing an additional 298 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in ACI Worldwide by 278.3% in the fourth 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 in the last quarter. GAMMA Investing LLC lifted its stake 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 during the last quarter. Tocqueville Asset Management L.P. purchased a new position in ACI Worldwide in the fourth quarter worth approximately $201,000. Finally, Point72 Asset Management L.P. acquired a new position in ACI Worldwide during the 3rd quarter worth approximately $204,000. Hedge funds and other institutional investors own 94.74% of the company's stock.

ACI Worldwide Stock Up 0.2 %

Shares of ACIW traded up $0.09 during midday trading on Tuesday, reaching $52.22. The stock had a trading volume of 541,410 shares, compared to its average volume of 703,011. The company has a market cap of $5.50 billion, a price-to-earnings ratio of 24.75 and a beta of 1.13. The company's fifty day simple moving average is $52.79 and its two-hundred day simple moving average is $53.03. ACI Worldwide, Inc. has a 1-year low of $31.19 and a 1-year high of $59.71. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.56 and a quick ratio of 1.56.

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Insider Transactions at ACI Worldwide

In related news, Director Charles E. Peters, Jr. sold 12,940 shares of ACI Worldwide stock in a transaction on 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 in the company, valued at $4,654,073.94. This trade represents a 13.80 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.00% of the company's stock.

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.