ACI Worldwide, Inc. (NASDAQ:ACIW - Get Free Report) Director Charles E. Peters, Jr. sold 12,940 shares of the firm's 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 completion of the transaction, the director now directly owns 80,842 shares of the company's stock, valued at approximately $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 through the SEC website.
ACI Worldwide Price Performance
Shares of ACIW stock traded up $0.33 on Friday, reaching $53.21. The company's stock had a trading volume of 553,462 shares, compared to its average volume of 642,068. The stock's fifty day simple moving average is $52.87 and its 200-day simple moving average is $52.28. 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 company has a market capitalization of $5.60 billion, a price-to-earnings ratio of 25.22 and a beta of 1.13.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the company. Norges Bank purchased a new stake in shares of ACI Worldwide during the fourth quarter valued at $75,868,000. Congress Asset Management Co. purchased a new stake in shares of ACI Worldwide during the fourth quarter valued at $55,998,000. American Century Companies Inc. boosted its stake in shares of ACI Worldwide by 206.2% during 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 raised its holdings in shares of ACI Worldwide by 18.4% in the fourth quarter. Geode Capital Management LLC now owns 2,962,449 shares of the technology company's stock valued at $154,095,000 after acquiring an additional 459,821 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in shares of ACI Worldwide by 160.4% in the fourth quarter. Ameriprise Financial Inc. now owns 674,799 shares of the technology company's stock valued at $35,027,000 after acquiring an additional 415,612 shares in the last quarter. 94.74% of the stock is owned by hedge funds and other institutional investors.
ACI Worldwide Company Profile
(
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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.
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