ACI Worldwide, Inc. (NASDAQ:ACIW) Stock Position Increased by Victory Capital Management Inc.

Victory Capital Management Inc. boosted its position in ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 75.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 496,983 shares of the technology company's stock after buying an additional 213,181 shares during the quarter. Victory Capital Management Inc. owned 0.47% of ACI Worldwide worth $25,798,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Pacer Advisors Inc. lifted its holdings in ACI Worldwide by 3.2% in the 4th quarter. Pacer Advisors Inc. now owns 7,763 shares of the technology company's stock worth $403,000 after buying an additional 238 shares in the last quarter. Blue Trust Inc. boosted its stake 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 buying an additional 298 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in shares of ACI Worldwide by 177.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 502 shares of the technology company's stock valued at $26,000 after buying an additional 321 shares during the last quarter. GAMMA Investing LLC boosted its stake in shares of ACI Worldwide by 24.0% during 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 last quarter. Finally, Savant Capital LLC boosted its stake in shares of ACI Worldwide by 12.3% during the 4th quarter. Savant Capital LLC now owns 5,381 shares of the technology company's stock valued at $279,000 after buying an additional 590 shares during the last quarter. Institutional investors and hedge funds own 94.74% of the company's stock.

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ACI Worldwide Stock Down 1.1 %

Shares of ACI Worldwide stock traded down $0.55 on Thursday, hitting $51.06. 494,690 shares of the company's stock traded hands, compared to its average volume of 645,306. The stock has a market cap of $5.38 billion, a P/E ratio of 24.20 and a beta of 1.13. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.72. The firm's 50-day moving average is $52.87 and its 200 day moving average is $52.35. ACI Worldwide, Inc. has a 52-week low of $31.19 and a 52-week high of $59.71.

Insider Buying and Selling

In other ACI Worldwide news, Director Charles E. Peters, Jr. sold 12,940 shares of the business's stock in a transaction on 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 owns 80,842 shares in the company, 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 document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 1.00% of the company's stock.

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.