Knights of Columbus Asset Advisors LLC Takes $1.57 Million Position in ACI Worldwide, Inc. (NASDAQ:ACIW)

Knights of Columbus Asset Advisors LLC purchased a new position in shares of ACI Worldwide, Inc. (NASDAQ:ACIW) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 30,172 shares of the technology company’s stock, valued at approximately $1,566,000.

Other large investors have also recently added to or reduced their stakes in the company. Sei Investments Co. boosted its position in ACI Worldwide by 3.2% during the fourth quarter. Sei Investments Co. now owns 405,631 shares of the technology company’s stock worth $21,056,000 after acquiring an additional 12,463 shares during the last quarter. American Century Companies Inc. raised its stake in shares of ACI Worldwide by 206.2% in the 4th quarter. American Century Companies Inc. now owns 1,005,479 shares of the technology company’s stock valued at $52,194,000 after acquiring an additional 677,143 shares during the period. Quantbot Technologies LP raised its stake in shares of ACI Worldwide by 60.2% in the 4th quarter. Quantbot Technologies LP now owns 21,691 shares of the technology company’s stock valued at $1,126,000 after acquiring an additional 8,148 shares during the period. Summit Global Investments purchased a new position in shares of ACI Worldwide in the 4th quarter valued at $873,000. Finally, Teacher Retirement System of Texas increased its stake in ACI Worldwide by 35.8% during the 4th quarter. Teacher Retirement System of Texas now owns 128,554 shares of the technology company’s stock worth $6,673,000 after buying an additional 33,870 shares during the period. 94.74% of the stock is owned by hedge funds and other institutional investors.

ACI Worldwide Stock Performance

ACI Worldwide stock opened at $53.05 on Friday. The company has a market capitalization of $5.59 billion, a price-to-earnings ratio of 25.14 and a beta of 1.13. 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 firm’s fifty day moving average price is $52.96 and its 200 day moving average price is $52.51.

Insiders Place Their Bets

In other ACI Worldwide news, Director Charles E. Peters, Jr. sold 12,940 shares of the business’s 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 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 transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.00% of the stock is owned by company 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.