ACI Worldwide, Inc. (NASDAQ:ACIW) Shares Acquired by North Reef Capital Management LP

North Reef Capital Management LP grew its holdings in shares of ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 18.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,141,000 shares of the technology company's stock after acquiring an additional 331,000 shares during the period. ACI Worldwide comprises about 5.0% of North Reef Capital Management LP's investment portfolio, making the stock its 8th biggest holding. North Reef Capital Management LP owned approximately 2.04% of ACI Worldwide worth $111,139,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of ACIW. Barclays PLC grew its position in shares of ACI Worldwide by 11.9% in the 4th quarter. Barclays PLC now owns 253,061 shares of the technology company's stock worth $13,136,000 after acquiring an additional 26,888 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of ACI Worldwide by 56.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 18,218 shares of the technology company's stock valued at $946,000 after acquiring an additional 6,602 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in shares of ACI Worldwide in the 4th quarter valued at approximately $519,000. Ritholtz Wealth Management increased its holdings in shares of ACI Worldwide by 48.8% in the 4th quarter. Ritholtz Wealth Management now owns 53,797 shares of the technology company's stock valued at $2,793,000 after acquiring an additional 17,636 shares during the last quarter. Finally, Pacer Advisors Inc. increased its holdings in shares of ACI Worldwide by 3.2% in the 4th quarter. Pacer Advisors Inc. now owns 7,763 shares of the technology company's stock valued at $403,000 after acquiring an additional 238 shares during the last quarter. 94.74% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Charles E. Peters, Jr. sold 12,940 shares of the business's stock in a transaction that occurred on Monday, March 3rd. The stock was 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 owns 80,842 shares in the company, valued at $4,654,073.94. The trade was a 13.80 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 1.00% of the company's stock.

ACI Worldwide Stock Performance

Shares of NASDAQ ACIW traded up $0.39 during trading on Monday, reaching $52.78. The stock had a trading volume of 623,916 shares, compared to its average volume of 704,278. ACI Worldwide, Inc. has a one year low of $33.02 and a one year high of $59.71. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.56 and a current ratio of 1.56. The stock has a market cap of $5.55 billion, a PE ratio of 25.01 and a beta of 1.13. The firm's 50 day moving average price is $52.57 and its two-hundred day moving average price is $53.06.

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.