ACI Worldwide, Inc. (NASDAQ:ACIW) Position Reduced by Villanova Investment Management Co LLC

Villanova Investment Management Co LLC lowered its stake in ACI Worldwide, Inc. (NASDAQ:ACIW) by 40.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 21,532 shares of the technology company’s stock after selling 14,733 shares during the period. Villanova Investment Management Co LLC’s holdings in ACI Worldwide were worth $1,118,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. Blue Trust Inc. increased 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 buying an additional 298 shares during the last quarter. Farther Finance Advisors LLC grew its position in shares of ACI Worldwide by 278.3% in the 4th quarter. Farther Finance Advisors LLC now owns 1,899 shares of the technology company’s stock worth $99,000 after acquiring an additional 1,397 shares in the last quarter. GAMMA Investing LLC increased its holdings 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 acquiring an additional 508 shares during the last quarter. Tocqueville Asset Management L.P. bought a new position in ACI Worldwide during the fourth quarter worth $201,000. Finally, Point72 Asset Management L.P. acquired a new position in ACI Worldwide in the third quarter worth $204,000. Institutional investors and hedge funds own 94.74% of the company’s stock.

Insider Transactions at ACI Worldwide

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 transaction, 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 hyperlink. Insiders own 1.00% of the company’s stock.

ACI Worldwide Stock Up 0.8 %

Shares of NASDAQ:ACIW opened at $54.71 on Tuesday. ACI Worldwide, Inc. has a 1-year low of $31.19 and a 1-year high of $59.71. The company’s fifty day moving average is $53.15 and its two-hundred day moving average is $52.84. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.56 and a current ratio of 1.56. The stock has a market capitalization of $5.76 billion, a price-to-earnings ratio of 25.93 and a beta of 1.13.

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.