Vanguard Group Inc. Has $719.65 Million Stock Holdings in ACI Worldwide, Inc. (NASDAQ:ACIW)

Vanguard Group Inc. raised its position in ACI Worldwide, Inc. (NASDAQ:ACIW) by 1.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 13,863,463 shares of the technology company’s stock after buying an additional 189,980 shares during the period. Vanguard Group Inc. owned about 13.22% of ACI Worldwide worth $719,652,000 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. Blue Trust Inc. boosted its holdings in ACI Worldwide by 104.9% in the fourth quarter. Blue Trust Inc. now owns 582 shares of the technology company’s stock valued at $30,000 after acquiring an additional 298 shares during the last quarter. Farther Finance Advisors LLC lifted its position in ACI Worldwide by 278.3% during the 4th quarter. Farther Finance Advisors LLC now owns 1,899 shares of the technology company’s stock valued at $99,000 after purchasing an additional 1,397 shares during the period. GAMMA Investing LLC boosted its stake in shares of ACI Worldwide by 24.0% in the 4th quarter. GAMMA Investing LLC now owns 2,624 shares of the technology company’s stock valued at $136,000 after purchasing an additional 508 shares during the last quarter. Tocqueville Asset Management L.P. acquired a new stake in shares of ACI Worldwide during the 4th quarter worth approximately $201,000. Finally, Point72 Asset Management L.P. bought a new stake in shares of ACI Worldwide during the third quarter worth approximately $204,000. 94.74% of the stock is owned by institutional investors and hedge funds.

ACI Worldwide Price Performance

Shares of ACIW stock opened at $54.28 on Monday. The firm’s 50 day moving average price is $53.13 and its two-hundred day moving average price is $52.79. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.56 and a current ratio of 1.56. ACI Worldwide, Inc. has a 52-week low of $31.19 and a 52-week high of $59.71. The stock has a market cap of $5.72 billion, a PE ratio of 25.73 and a beta of 1.13.

Insider Activity

In other news, Director Charles E. Peters, Jr. sold 12,940 shares of the business’s stock in a transaction dated 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 transaction, the director now directly owns 80,842 shares in the company, valued at approximately $4,654,073.94. The trade was a 13.80 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.00% of the stock is currently owned by company insiders.

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.