KLP Kapitalforvaltning AS Invests $1.80 Million in ACI Worldwide, Inc. (NASDAQ:ACIW)

KLP Kapitalforvaltning AS purchased a new position in ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 34,700 shares of the technology company's stock, valued at approximately $1,801,000.

A number of other large investors also recently bought and sold shares of ACIW. Knights of Columbus Asset Advisors LLC bought a new stake in shares of ACI Worldwide during the fourth quarter worth $1,566,000. Sei Investments Co. lifted its holdings in ACI Worldwide by 3.2% during the 4th quarter. Sei Investments Co. now owns 405,631 shares of the technology company's stock valued at $21,056,000 after buying an additional 12,463 shares in the last quarter. American Century Companies Inc. lifted its holdings in ACI Worldwide by 206.2% during the 4th quarter. American Century Companies Inc. now owns 1,005,479 shares of the technology company's stock valued at $52,194,000 after buying an additional 677,143 shares in the last quarter. Quantbot Technologies LP grew its stake in ACI Worldwide by 60.2% in the 4th quarter. Quantbot Technologies LP now owns 21,691 shares of the technology company's stock worth $1,126,000 after acquiring an additional 8,148 shares in the last quarter. Finally, Summit Global Investments bought a new position in ACI Worldwide in the 4th quarter worth about $873,000. Hedge funds and other institutional investors own 94.74% of the company's stock.

ACI Worldwide Trading Up 3.6 %

Shares of ACI Worldwide stock traded up $1.99 on Tuesday, hitting $56.70. 1,310,585 shares of the company traded hands, compared to its average volume of 683,932. 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 cap of $5.97 billion, a PE ratio of 26.87 and a beta of 1.13. The stock's 50 day moving average price is $53.19 and its 200-day moving average price is $52.90. ACI Worldwide, Inc. has a 52 week low of $31.19 and a 52 week high of $59.71.

Remove Ads

Insider Buying and Selling at ACI Worldwide

In other ACI Worldwide news, Director Charles E. Peters, Jr. sold 12,940 shares of the firm's stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $57.57, for a total transaction of $744,955.80. Following the transaction, the director now 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 position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.00% of the stock is currently owned by corporate 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.