Vanguard Group Inc. Boosts Stock Position in ACI Worldwide, Inc. (NASDAQ:ACIW)

Vanguard Group Inc. raised its stake in ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 1.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,863,463 shares of the technology company's stock after buying an additional 189,980 shares during the quarter. Vanguard Group Inc. owned approximately 13.22% of ACI Worldwide worth $719,652,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Blue Trust Inc. boosted its position in shares of ACI Worldwide by 104.9% during the 4th quarter. Blue Trust Inc. now owns 582 shares of the technology company's stock valued at $30,000 after acquiring an additional 298 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in ACI Worldwide by 278.3% in the 4th quarter. Farther Finance Advisors LLC now owns 1,899 shares of the technology company's stock valued at $99,000 after purchasing an additional 1,397 shares during the last quarter. GAMMA Investing LLC grew its stake 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 buying an additional 508 shares during the period. Tocqueville Asset Management L.P. acquired a new stake in shares of ACI Worldwide during the 4th quarter worth approximately $201,000. Finally, Point72 Asset Management L.P. acquired a new stake in shares of ACI Worldwide during the 3rd quarter worth approximately $204,000. 94.74% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at ACI Worldwide

In other ACI Worldwide news, Director Charles E. Peters, Jr. sold 12,940 shares of ACI Worldwide stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $57.57, for a total transaction of $744,955.80. Following the completion of 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 1.00% of the company's stock.

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ACI Worldwide Trading Down 6.1 %

ACIW traded down $3.28 during trading hours on Friday, reaching $50.18. The company's stock had a trading volume of 1,012,012 shares, compared to its average volume of 690,094. The stock has a market cap of $5.29 billion, a PE ratio of 23.78 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 company has a debt-to-equity ratio of 0.72, a current ratio of 1.56 and a quick ratio of 1.56. The business's 50-day moving average is $53.26 and its 200-day moving average is $52.94.

About ACI Worldwide

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.