BNP Paribas Financial Markets Has $12.51 Million Position in ACI Worldwide, Inc. (NASDAQ:ACIW)

BNP Paribas Financial Markets raised its position in ACI Worldwide, Inc. (NASDAQ:ACIW) by 194.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 240,978 shares of the technology company’s stock after buying an additional 159,185 shares during the period. BNP Paribas Financial Markets’ holdings in ACI Worldwide were worth $12,509,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in ACI Worldwide by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 13,863,463 shares of the technology company’s stock worth $719,652,000 after purchasing an additional 189,980 shares during the period. Hood River Capital Management LLC boosted its stake in shares of ACI Worldwide by 3.1% in the 4th quarter. Hood River Capital Management LLC now owns 3,374,507 shares of the technology company’s stock valued at $175,171,000 after purchasing an additional 100,311 shares during the last quarter. Geode Capital Management LLC grew its holdings in ACI Worldwide by 18.4% during the 4th quarter. Geode Capital Management LLC now owns 2,962,449 shares of the technology company’s stock worth $154,095,000 after acquiring an additional 459,821 shares during the period. North Reef Capital Management LP grew its stake in shares of ACI Worldwide by 18.3% during the fourth quarter. North Reef Capital Management LP now owns 2,141,000 shares of the technology company’s stock worth $111,139,000 after purchasing an additional 331,000 shares during the period. Finally, Invesco Ltd. increased its stake in shares of ACI Worldwide by 8.5% in the 4th quarter. Invesco Ltd. now owns 2,013,328 shares of the technology company’s stock valued at $104,512,000 after acquiring an additional 157,303 shares during the last quarter. 94.74% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Charles E. Peters, Jr. sold 12,940 shares of the firm’s stock in a transaction 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 sale, the director now directly owns 80,842 shares in the company, valued at $4,654,073.94. This trade represents a 13.80 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 1.00% of the company’s stock.

ACI Worldwide Stock Down 4.0 %

ACI Worldwide stock opened at $46.50 on Friday. The firm has a market capitalization of $4.89 billion, a price-to-earnings ratio of 22.04 and a beta of 1.14. The company’s 50 day simple moving average is $52.57 and its 200 day simple moving average is $53.16. 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 fifty-two week low of $33.32 and a fifty-two week high of $59.71.

ACI Worldwide (NASDAQ:ACIW) last announced its quarterly earnings results on Thursday, May 8th. The technology company reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.18. The company had revenue of $394.57 million during the quarter, compared to analyst estimates of $364.36 million. ACI Worldwide had a net margin of 14.04% and a return on equity of 21.67%. The firm’s revenue was up 24.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.10 EPS. As a group, sell-side analysts anticipate that ACI Worldwide, Inc. will post 2 EPS for the current year.

About ACI Worldwide

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.