Segall Bryant & Hamill LLC Sells 27,735 Shares of ACI Worldwide, Inc. (NASDAQ:ACIW)

Segall Bryant & Hamill LLC reduced its stake in ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 41.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 39,037 shares of the technology company's stock after selling 27,735 shares during the quarter. Segall Bryant & Hamill LLC's holdings in ACI Worldwide were worth $2,026,000 at the end of the most recent reporting period.

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

Remove Ads

ACI Worldwide Price Performance

Shares of ACIW traded up $0.17 during mid-day trading on Wednesday, reaching $56.87. The company had a trading volume of 141,060 shares, compared to its average volume of 660,860. The company has a market capitalization of $5.99 billion, a price-to-earnings ratio of 26.95 and a beta of 1.13. 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 company's 50 day simple moving average is $53.19 and its 200 day simple moving average is $52.90. ACI Worldwide, Inc. has a 1-year low of $31.19 and a 1-year high of $59.71.

Insider Activity

In related news, Director Charles E. Peters, Jr. sold 12,940 shares of ACI Worldwide 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 transaction, the director now directly owns 80,842 shares of the company's stock, valued at $4,654,073.94. The trade was a 13.80 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.00% of the company's stock.

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.