ACI Worldwide, Inc. (NASDAQ:ACIW) Shares Purchased by Trexquant Investment LP

Trexquant Investment LP grew its stake in ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 137.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 251,908 shares of the technology company's stock after purchasing an additional 145,640 shares during the period. Trexquant Investment LP owned approximately 0.24% of ACI Worldwide worth $13,077,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Cerity Partners LLC grew its holdings in ACI Worldwide by 77.9% in the 3rd quarter. Cerity Partners LLC now owns 11,471 shares of the technology company's stock valued at $584,000 after buying an additional 5,022 shares in the last quarter. The Manufacturers Life Insurance Company boosted its position in shares of ACI Worldwide by 2.6% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 60,412 shares of the technology company's stock valued at $3,075,000 after acquiring an additional 1,540 shares during the last quarter. Quantbot Technologies LP purchased a new stake in shares of ACI Worldwide in the third quarter valued at about $689,000. FMR LLC increased its position in ACI Worldwide by 173.0% during the third quarter. FMR LLC now owns 13,668 shares of the technology company's stock worth $696,000 after purchasing an additional 8,661 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its stake in ACI Worldwide by 84.1% during the third quarter. BNP Paribas Financial Markets now owns 81,793 shares of the technology company's stock worth $4,163,000 after purchasing an additional 37,367 shares during the period. Institutional investors and hedge funds own 94.74% of the company's stock.

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ACI Worldwide Trading Down 6.1 %

Shares of NASDAQ ACIW traded down $3.28 during midday trading on Friday, reaching $50.18. 1,012,012 shares of the stock were exchanged, compared to its average volume of 691,443. The stock has a market capitalization of $5.29 billion, a P/E ratio of 23.78 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 has a 50 day simple moving average of $53.26 and a 200 day simple moving average of $52.97. ACI Worldwide, Inc. has a twelve month low of $31.19 and a twelve month high of $59.71.

Insider Buying and Selling

In other ACI Worldwide news, Director Charles E. Peters, Jr. sold 12,940 shares of the company's stock in a transaction dated 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 owns 80,842 shares of the company's stock, valued at $4,654,073.94. This represents a 13.80 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 1.00% of the stock is currently owned by company insiders.

ACI Worldwide 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.