ACI Worldwide, Inc. (NASDAQ:ACIW) Shares Sold by Magnetar Financial LLC

Magnetar Financial LLC trimmed its stake in shares of ACI Worldwide, Inc. (NASDAQ:ACIW) by 18.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,678 shares of the technology company’s stock after selling 2,632 shares during the quarter. Magnetar Financial LLC’s holdings in ACI Worldwide were worth $606,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in ACIW. Natixis Advisors LLC boosted its stake in ACI Worldwide by 15.6% during the 3rd quarter. Natixis Advisors LLC now owns 36,055 shares of the technology company’s stock valued at $1,835,000 after acquiring an additional 4,863 shares during the last quarter. Thrivent Financial for Lutherans boosted its stake in ACI Worldwide by 48.2% during the 3rd quarter. Thrivent Financial for Lutherans now owns 146,558 shares of the technology company’s stock valued at $7,460,000 after acquiring an additional 47,685 shares during the last quarter. Quest Partners LLC boosted its stake in ACI Worldwide by 30.8% during the 3rd quarter. Quest Partners LLC now owns 14,463 shares of the technology company’s stock valued at $736,000 after acquiring an additional 3,408 shares during the last quarter. Caprock Group LLC bought a new position in ACI Worldwide during the 3rd quarter valued at $259,000. Finally, B. Metzler seel. Sohn & Co. Holding AG bought a new position in ACI Worldwide during the 3rd quarter valued at $2,597,000. 94.74% of the stock is currently owned by institutional investors.

ACI Worldwide Trading Down 0.8 %

NASDAQ ACIW opened at $53.05 on Friday. The company’s fifty day moving average price is $52.96 and its two-hundred day moving average price is $52.49. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.56 and a quick ratio of 1.56. ACI Worldwide, Inc. has a 12 month low of $31.19 and a 12 month high of $59.71. The company has a market capitalization of $5.59 billion, a price-to-earnings ratio of 25.14 and a beta of 1.13.

Insider Transactions at ACI Worldwide

In other news, Director Charles E. Peters, Jr. sold 12,940 shares of the firm’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 directly owns 80,842 shares in the company, valued at approximately $4,654,073.94. This trade represents a 13.80 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 1.00% of the company’s stock.

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.