AlphaQuest LLC Lowers Stake in ACI Worldwide, Inc. (NASDAQ:ACIW)

AlphaQuest LLC lessened its holdings in ACI Worldwide, Inc. (NASDAQ:ACIW) by 43.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,246 shares of the technology company’s stock after selling 6,217 shares during the period. AlphaQuest LLC’s holdings in ACI Worldwide were worth $428,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Farther Finance Advisors LLC increased its stake in shares of ACI Worldwide by 177.3% during the third quarter. Farther Finance Advisors LLC now owns 502 shares of the technology company’s stock worth $26,000 after purchasing an additional 321 shares in the last quarter. Blue Trust Inc. increased its stake in ACI Worldwide by 104.9% during the 4th quarter. Blue Trust Inc. now owns 582 shares of the technology company’s stock worth $30,000 after buying an additional 298 shares in the last quarter. GAMMA Investing LLC increased its stake in ACI Worldwide by 24.0% during the 4th quarter. GAMMA Investing LLC now owns 2,624 shares of the technology company’s stock worth $136,000 after buying an additional 508 shares in the last quarter. Aigen Investment Management LP acquired a new position in shares of ACI Worldwide during the third quarter valued at approximately $204,000. Finally, Point72 Asset Management L.P. purchased a new position in shares of ACI Worldwide in the third quarter valued at approximately $204,000. Institutional investors and hedge funds own 94.74% of the company’s stock.

ACI Worldwide Trading Down 1.1 %

Shares of ACIW opened at $51.06 on Friday. ACI Worldwide, Inc. has a 52-week low of $31.19 and a 52-week high of $59.71. The stock has a market cap of $5.38 billion, a PE ratio of 24.20 and a beta of 1.13. The firm’s fifty day moving average is $52.87 and its two-hundred day moving average is $52.35. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.72.

Insiders Place Their Bets

In related news, Director Charles E. Peters, Jr. sold 12,940 shares of the stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $57.57, for a total value of $744,955.80. Following the completion of the sale, the director now owns 80,842 shares of the company’s stock, valued at approximately $4,654,073.94. This trade represents a 13.80 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate 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.