ACI Worldwide, Inc. (NASDAQ:ACIW) Shares Purchased by Quantbot Technologies LP

Quantbot Technologies LP grew its holdings in shares of ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 60.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 21,691 shares of the technology company's stock after purchasing an additional 8,148 shares during the period. Quantbot Technologies LP's holdings in ACI Worldwide were worth $1,126,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Natixis Advisors LLC raised its stake in ACI Worldwide by 15.6% during the third quarter. Natixis Advisors LLC now owns 36,055 shares of the technology company's stock worth $1,835,000 after acquiring an additional 4,863 shares during the period. Intech Investment Management LLC bought a new position in shares of ACI Worldwide during the third quarter valued at approximately $1,248,000. Charles Schwab Investment Management Inc. raised its position in shares of ACI Worldwide by 2.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,389,734 shares of the technology company's stock worth $70,737,000 after purchasing an additional 33,408 shares during the period. Citigroup Inc. lifted its holdings in shares of ACI Worldwide by 46.7% in the 3rd quarter. Citigroup Inc. now owns 157,509 shares of the technology company's stock worth $8,017,000 after purchasing an additional 50,145 shares during the last quarter. Finally, Cerity Partners LLC boosted its position in ACI Worldwide by 77.9% during the 3rd quarter. Cerity Partners LLC now owns 11,471 shares of the technology company's stock valued at $584,000 after purchasing an additional 5,022 shares during the period. 94.74% of the stock is currently owned by institutional investors.

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ACI Worldwide Stock Performance

NASDAQ ACIW traded down $0.89 during trading hours on Friday, hitting $54.28. The company had a trading volume of 595,450 shares, compared to its average volume of 679,860. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.72. The firm has a market cap of $5.72 billion, a P/E ratio of 25.73 and a beta of 1.13. ACI Worldwide, Inc. has a fifty-two week low of $31.19 and a fifty-two week high of $59.71. The business has a fifty day simple moving average of $53.13 and a 200-day simple moving average of $52.75.

Insider Activity at ACI Worldwide

In related news, Director Charles E. Peters, Jr. sold 12,940 shares of the firm'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 value 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.00% of the stock is currently owned by 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.