Quantbot Technologies LP Acquires 8,148 Shares of ACI Worldwide, Inc. (NASDAQ:ACIW)

Quantbot Technologies LP lifted its holdings in shares of ACI Worldwide, Inc. (NASDAQ:ACIW) by 60.2% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 21,691 shares of the technology company’s stock after acquiring an additional 8,148 shares during the period. Quantbot Technologies LP’s holdings in ACI Worldwide were worth $1,126,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the business. State Street Corp raised its position in ACI Worldwide by 1.3% in the third quarter. State Street Corp now owns 4,455,864 shares of the technology company’s stock worth $226,803,000 after purchasing an additional 56,919 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of ACI Worldwide by 1.3% in the 3rd quarter. Geode Capital Management LLC now owns 2,502,628 shares of the technology company’s stock valued at $127,407,000 after purchasing an additional 31,561 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of ACI Worldwide by 0.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,398,333 shares of the technology company’s stock worth $72,587,000 after buying an additional 8,599 shares in the last quarter. Congress Asset Management Co. bought a new position in shares of ACI Worldwide during the 4th quarter worth approximately $55,998,000. Finally, Principal Financial Group Inc. lifted its position in shares of ACI Worldwide by 4.0% during the 4th quarter. Principal Financial Group Inc. now owns 545,506 shares of the technology company’s stock worth $28,317,000 after buying an additional 20,893 shares during the period. 94.74% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at ACI Worldwide

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 value of $744,955.80. Following the transaction, the director now directly 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 filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.00% of the stock is owned by insiders.

ACI Worldwide Stock Performance

Shares of NASDAQ:ACIW opened at $55.26 on Wednesday. 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 fifty day moving average price is $53.08 and its two-hundred day moving average price is $52.63. ACI Worldwide, Inc. has a fifty-two week low of $31.19 and a fifty-two week high of $59.71. The stock has a market capitalization of $5.82 billion, a price-to-earnings ratio of 26.19 and a beta of 1.13.

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.