Wells Fargo & Company MN Reduces Holdings in ACI Worldwide, Inc. (NASDAQ:ACIW)

Wells Fargo & Company MN decreased its position in shares of ACI Worldwide, Inc. (NASDAQ:ACIW) by 10.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 163,133 shares of the technology company’s stock after selling 18,925 shares during the period. Wells Fargo & Company MN owned 0.16% of ACI Worldwide worth $8,468,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of ACIW. Integrated Quantitative Investments LLC purchased a new position in ACI Worldwide during the fourth quarter valued at $1,347,000. Bryce Point Capital LLC purchased a new position in ACI Worldwide during the fourth quarter valued at approximately $517,000. Kesler Norman & Wride LLC boosted its position in ACI Worldwide by 60.0% during the fourth quarter. Kesler Norman & Wride LLC now owns 14,505 shares of the technology company’s stock valued at $753,000 after purchasing an additional 5,439 shares in the last quarter. Trexquant Investment LP lifted its position in ACI Worldwide by 137.0% during the fourth quarter. Trexquant Investment LP now owns 251,908 shares of the technology company’s stock valued at $13,077,000 after acquiring an additional 145,640 shares during the last quarter. Finally, Headlands Technologies LLC increased its position in ACI Worldwide by 998.8% during the 4th quarter. Headlands Technologies LLC now owns 10,109 shares of the technology company’s stock valued at $525,000 after buying an additional 9,189 shares in the last quarter. Institutional investors own 94.74% of the company’s stock.

Insider Transactions at ACI Worldwide

In other news, Director Charles E. Peters, Jr. sold 12,940 shares of the firm’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 sale, the director now owns 80,842 shares of the company’s stock, valued at $4,654,073.94. This trade represents a 13.80 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 1.00% of the company’s stock.

ACI Worldwide Trading Down 0.7 %

NASDAQ ACIW opened at $50.94 on Friday. The company has a fifty day simple moving average of $52.68 and a two-hundred day simple moving average of $53.01. ACI Worldwide, Inc. has a 12-month low of $31.30 and a 12-month high of $59.71. 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 $5.37 billion, a P/E ratio of 24.14 and a beta of 1.13.

ACI Worldwide 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.