Teacher Retirement System of Texas Grows Stock Holdings in ACI Worldwide, Inc. (NASDAQ:ACIW)

Teacher Retirement System of Texas increased its position in ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 35.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 128,554 shares of the technology company's stock after acquiring an additional 33,870 shares during the quarter. Teacher Retirement System of Texas owned about 0.12% of ACI Worldwide worth $6,673,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Janney Montgomery Scott LLC raised its position in shares of ACI Worldwide by 56.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 18,218 shares of the technology company's stock worth $946,000 after buying an additional 6,602 shares in the last quarter. Verition Fund Management LLC raised its position in ACI Worldwide by 86.5% during the third quarter. Verition Fund Management LLC now owns 19,724 shares of the technology company's stock valued at $1,004,000 after purchasing an additional 9,149 shares in the last quarter. Intech Investment Management LLC bought a new stake in ACI Worldwide during the third quarter worth about $1,248,000. State Street Corp boosted its holdings in shares of ACI Worldwide by 1.3% in the 3rd quarter. State Street Corp now owns 4,455,864 shares of the technology company's stock worth $226,803,000 after purchasing an additional 56,919 shares in the last quarter. Finally, Point72 Asset Management L.P. bought a new stake in ACI Worldwide in the 3rd quarter worth approximately $204,000. 94.74% of the stock is owned by hedge funds and other institutional investors.

ACI Worldwide Trading Up 0.2 %

Shares of ACI Worldwide stock traded up $0.09 during trading on Thursday, reaching $55.17. The company's stock had a trading volume of 424,548 shares, compared to its average volume of 646,106. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.72. ACI Worldwide, Inc. has a 52-week low of $31.19 and a 52-week high of $59.71. The firm's 50-day moving average is $53.11 and its two-hundred day moving average is $52.65. The company has a market cap of $5.81 billion, a price-to-earnings ratio of 26.15 and a beta of 1.13.

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Insider Buying and Selling

In related news, Director Charles E. Peters, Jr. sold 12,940 shares of ACI Worldwide stock in a transaction on Monday, March 3rd. The shares were 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.00% of the stock is 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.