New Age Alpha Advisors LLC Makes New $548,000 Investment in ACI Worldwide, Inc. (NASDAQ:ACIW)

New Age Alpha Advisors LLC purchased a new stake in ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 10,560 shares of the technology company's stock, valued at approximately $548,000.

Other large investors have also recently added to or reduced their stakes in the company. Ironwood Investment Management LLC raised its position in ACI Worldwide by 0.8% in the fourth quarter. Ironwood Investment Management LLC now owns 30,151 shares of the technology company's stock worth $1,565,000 after acquiring an additional 227 shares in the last quarter. Pacer Advisors Inc. raised its stake in shares of ACI Worldwide by 3.2% during the 4th quarter. Pacer Advisors Inc. now owns 7,763 shares of the technology company's stock worth $403,000 after purchasing an additional 238 shares in the last quarter. Corient Private Wealth LLC grew its position in ACI Worldwide by 5.0% in the fourth quarter. Corient Private Wealth LLC now owns 5,638 shares of the technology company's stock worth $293,000 after acquiring an additional 267 shares in the last quarter. Blue Trust Inc. boosted its holdings in ACI Worldwide by 104.9% in the fourth 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. Finally, GAMMA Investing LLC increased its holdings in shares of ACI Worldwide by 24.0% during the 4th quarter. GAMMA Investing LLC now owns 2,624 shares of the technology company's stock valued at $136,000 after acquiring an additional 508 shares during the last quarter. 94.74% of the stock is currently owned by institutional investors and hedge funds.

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Insider Activity

In related news, Director Charles E. Peters, Jr. sold 12,940 shares of ACI Worldwide stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $57.57, for a total value of $744,955.80. Following the completion of 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.00% of the company's stock.

ACI Worldwide Stock Performance

ACI Worldwide stock traded down $3.28 on Friday, reaching $50.18. 1,012,012 shares of the stock were exchanged, compared to its average volume of 691,443. The firm has a fifty day moving average price of $53.26 and a two-hundred day moving average price of $52.97. ACI Worldwide, Inc. has a twelve month low of $31.19 and a twelve month high of $59.71. The stock has a market cap of $5.29 billion, a PE ratio of 23.78 and a beta of 1.13. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.72.

About ACI Worldwide

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.