F M Investments LLC Acquires New Position in ACI Worldwide, Inc. (NASDAQ:ACIW)

F M Investments LLC acquired a new position in shares of ACI Worldwide, Inc. (NASDAQ:ACIW) in the 4th quarter, HoldingsChannel reports. The firm acquired 51,760 shares of the technology company’s stock, valued at approximately $2,687,000.

A number of other institutional investors also recently bought and sold shares of ACIW. FMR LLC increased its holdings in shares of ACI Worldwide by 173.0% during the 3rd quarter. FMR LLC now owns 13,668 shares of the technology company’s stock worth $696,000 after buying an additional 8,661 shares during the last quarter. Point72 Asset Management L.P. purchased a new position in ACI Worldwide in the third quarter worth approximately $204,000. 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 valued at $226,803,000 after purchasing an additional 56,919 shares during the period. Wolverine Trading LLC purchased a new stake in ACI Worldwide in the third quarter valued at $258,000. Finally, Jane Street Group LLC raised its position in ACI Worldwide by 13.3% in the third quarter. Jane Street Group LLC now owns 214,243 shares of the technology company’s stock valued at $10,905,000 after purchasing an additional 25,116 shares during the period. 94.74% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling 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 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 sale, the director now owns 80,842 shares of the company’s stock, valued at $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 is available through this link. 1.00% of the stock is currently owned by corporate insiders.

ACI Worldwide Stock Performance

NASDAQ ACIW opened at $50.93 on Friday. The stock has a fifty day simple moving average of $52.88 and a 200-day simple moving average of $52.97. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.72. The stock has a market cap of $5.36 billion, a PE ratio of 24.14 and a beta of 1.13. ACI Worldwide, Inc. has a twelve month low of $31.19 and a twelve month high of $59.71.

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.