Thrivent Financial for Lutherans Has $4.85 Million Holdings in ACI Worldwide, Inc. (NASDAQ:ACIW)

Thrivent Financial for Lutherans lessened its position in ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 36.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 93,381 shares of the technology company's stock after selling 53,177 shares during the period. Thrivent Financial for Lutherans owned approximately 0.09% of ACI Worldwide worth $4,848,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of ACIW. Natixis Advisors LLC lifted its holdings in shares of ACI Worldwide by 15.6% in the third quarter. Natixis Advisors LLC now owns 36,055 shares of the technology company's stock valued at $1,835,000 after buying an additional 4,863 shares during the period. Caprock Group LLC purchased a new stake in ACI Worldwide in the 3rd quarter worth about $259,000. Intech Investment Management LLC acquired a new position in ACI Worldwide in the 3rd quarter valued at approximately $1,248,000. Charles Schwab Investment Management Inc. raised its holdings in shares of ACI Worldwide by 2.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,389,734 shares of the technology company's stock worth $70,737,000 after acquiring an additional 33,408 shares in the last quarter. Finally, Citigroup Inc. lifted its holdings in shares of ACI Worldwide by 46.7% during the 3rd quarter. Citigroup Inc. now owns 157,509 shares of the technology company's stock valued at $8,017,000 after buying an additional 50,145 shares during the last quarter. 94.74% of the stock is currently owned by institutional investors.

ACI Worldwide Stock Down 1.6 %

Shares of ACIW traded down $0.89 during trading hours on Friday, hitting $54.28. 595,450 shares of the company were exchanged, compared to its average volume of 679,776. The company has a market cap of $5.72 billion, a PE ratio of 25.73 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 firm's 50 day moving average is $53.12 and its 200-day moving average is $52.66. ACI Worldwide, Inc. has a 52 week low of $31.19 and a 52 week high of $59.71.

Remove Ads

Insider Buying and Selling

In other 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 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 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.