American Century Companies Inc. Purchases 677,143 Shares of ACI Worldwide, Inc. (NASDAQ:ACIW)

American Century Companies Inc. lifted its position in shares of ACI Worldwide, Inc. (NASDAQ:ACIWFree Report) by 206.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,005,479 shares of the technology company’s stock after acquiring an additional 677,143 shares during the quarter. American Century Companies Inc.’s holdings in ACI Worldwide were worth $52,194,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Blue Trust Inc. increased its position in ACI Worldwide by 104.9% in the fourth quarter. Blue Trust Inc. now owns 582 shares of the technology company’s stock worth $30,000 after purchasing an additional 298 shares during the period. Farther Finance Advisors LLC grew its position in shares of ACI Worldwide by 278.3% during the 4th quarter. Farther Finance Advisors LLC now owns 1,899 shares of the technology company’s stock worth $99,000 after buying an additional 1,397 shares during the period. GAMMA Investing LLC boosted its stake in ACI Worldwide by 24.0% in the fourth quarter. GAMMA Investing LLC now owns 2,624 shares of the technology company’s stock valued at $136,000 after acquiring an additional 508 shares during the last quarter. Tocqueville Asset Management L.P. bought a new position in ACI Worldwide in the fourth quarter valued at approximately $201,000. Finally, Point72 Asset Management L.P. acquired a new stake in ACI Worldwide during the 3rd quarter worth $204,000. Institutional investors and hedge funds own 94.74% of the company’s stock.

Insider Activity at ACI Worldwide

In related news, Director Charles E. Peters, Jr. sold 12,940 shares of the business’s stock in a transaction that occurred 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 transaction, the director now owns 80,842 shares in the company, valued at approximately $4,654,073.94. The trade was a 13.80 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.00% of the stock is currently owned by corporate insiders.

ACI Worldwide Stock Performance

ACIW stock opened at $55.08 on Thursday. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.72. ACI Worldwide, Inc. has a twelve month low of $31.19 and a twelve month high of $59.71. The business’s fifty day moving average is $53.11 and its 200-day moving average is $52.65. The company has a market cap of $5.80 billion, a P/E ratio of 26.10 and a beta of 1.13.

About ACI Worldwide

(Free Report)

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.

See Also

Want to see what other hedge funds are holding ACIW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ACI Worldwide, Inc. (NASDAQ:ACIWFree Report).

Institutional Ownership by Quarter for ACI Worldwide (NASDAQ:ACIW)

Receive News & Ratings for ACI Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ACI Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.