Thrivent Financial for Lutherans Has $4.85 Million Holdings in ACI Worldwide, Inc. (NASDAQ:ACIW)

Thrivent Financial for Lutherans cut its holdings in shares of ACI Worldwide, Inc. (NASDAQ:ACIW) by 36.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 93,381 shares of the technology company’s stock after selling 53,177 shares during the quarter. Thrivent Financial for Lutherans’ holdings in ACI Worldwide were worth $4,848,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ACIW. 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 acquiring an additional 298 shares during the period. Farther Finance Advisors LLC grew its holdings 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 purchasing an additional 1,397 shares in the last quarter. GAMMA Investing LLC increased its position in shares of ACI Worldwide by 24.0% in the fourth quarter. GAMMA Investing LLC now owns 2,624 shares of the technology company’s stock worth $136,000 after purchasing an additional 508 shares during the period. Tocqueville Asset Management L.P. acquired a new position in ACI Worldwide in the fourth quarter valued at about $201,000. Finally, Point72 Asset Management L.P. bought a new stake in ACI Worldwide during the third quarter worth about $204,000. 94.74% of the stock is currently owned by institutional investors and hedge funds.

ACI Worldwide Price Performance

ACIW stock opened at $54.43 on Tuesday. The company’s 50-day moving average price is $53.02 and its two-hundred day moving average price is $52.58. The firm has a market cap of $5.73 billion, a P/E ratio of 25.80 and a beta of 1.13. 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 12 month low of $31.19 and a 12 month high of $59.71.

Insider Buying and Selling

In related news, Director Charles E. Peters, Jr. sold 12,940 shares of the company’s stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $57.57, for a total transaction of $744,955.80. Following the completion of the sale, the director now directly owns 80,842 shares in the company, valued at $4,654,073.94. This represents a 13.80 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.00% of the stock is currently owned by company insiders.

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.