ACI Worldwide, Inc. (NASDAQ:ACIW) Shares Sold by Hantz Financial Services Inc.

Hantz Financial Services Inc. lowered its holdings in ACI Worldwide, Inc. (NASDAQ:ACIW) by 32.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 88,752 shares of the technology company’s stock after selling 41,845 shares during the quarter. Hantz Financial Services Inc. owned 0.08% of ACI Worldwide worth $4,517,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of ACIW. Hood River Capital Management LLC lifted its holdings in ACI Worldwide by 44.9% in the second quarter. Hood River Capital Management LLC now owns 2,400,340 shares of the technology company’s stock valued at $95,029,000 after acquiring an additional 743,595 shares during the period. Assenagon Asset Management S.A. lifted its holdings in ACI Worldwide by 144.1% in the third quarter. Assenagon Asset Management S.A. now owns 482,740 shares of the technology company’s stock valued at $24,571,000 after acquiring an additional 285,001 shares during the period. Swedbank AB lifted its holdings in ACI Worldwide by 228.6% in the second quarter. Swedbank AB now owns 328,600 shares of the technology company’s stock valued at $13,009,000 after acquiring an additional 228,600 shares during the period. Great Lakes Advisors LLC acquired a new position in shares of ACI Worldwide during the 2nd quarter worth $7,696,000. Finally, Allspring Global Investments Holdings LLC acquired a new position in shares of ACI Worldwide during the 2nd quarter worth $7,353,000. Institutional investors and hedge funds own 94.74% of the company’s stock.

ACI Worldwide Trading Up 0.3 %

Shares of ACIW stock opened at $56.82 on Friday. The firm has a 50-day moving average price of $52.45 and a 200 day moving average price of $45.50. ACI Worldwide, Inc. has a twelve month low of $26.43 and a twelve month high of $59.71. The company has a market capitalization of $5.96 billion, a price-to-earnings ratio of 26.93 and a beta of 1.19. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.72.

Insider Buying and Selling at ACI Worldwide

In other ACI Worldwide news, Director Adalio T. Sanchez sold 1,200 shares of ACI Worldwide stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $57.28, for a total value of $68,736.00. Following the completion of the sale, the director now owns 43,272 shares in the company, valued at $2,478,620.16. The trade was a 2.70 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.00% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. DA Davidson downgraded ACI Worldwide from a “buy” rating to a “neutral” rating and lifted their price target for the stock from $57.00 to $60.00 in a research note on Friday, November 8th. Canaccord Genuity Group lifted their price target on ACI Worldwide from $40.00 to $60.00 and gave the stock a “buy” rating in a research note on Friday, August 2nd. Needham & Company LLC reaffirmed a “hold” rating on shares of ACI Worldwide in a research note on Friday, August 2nd. Stephens downgraded ACI Worldwide from an “overweight” rating to an “equal weight” rating in a research note on Friday, October 18th. Finally, StockNews.com downgraded ACI Worldwide from a “buy” rating to a “hold” rating in a research note on Saturday, August 3rd. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $49.50.

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.