O Shaughnessy Asset Management LLC lifted its stake in ACI Worldwide, Inc. (NASDAQ:ACIW – Free Report) by 48.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 111,451 shares of the technology company’s stock after acquiring an additional 36,623 shares during the quarter. O Shaughnessy Asset Management LLC owned approximately 0.11% of ACI Worldwide worth $5,785,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also bought and sold shares of the stock. Norges Bank acquired a new position in shares of ACI Worldwide during the 4th quarter worth approximately $75,868,000. Congress Asset Management Co. acquired a new position in ACI Worldwide during the fourth quarter worth $55,998,000. American Century Companies Inc. raised its position in ACI Worldwide by 206.2% during the fourth quarter. American Century Companies Inc. now owns 1,005,479 shares of the technology company’s stock worth $52,194,000 after acquiring an additional 677,143 shares in the last quarter. JPMorgan Chase & Co. raised its position in ACI Worldwide by 109.1% during the fourth quarter. JPMorgan Chase & Co. now owns 539,572 shares of the technology company’s stock worth $28,009,000 after acquiring an additional 281,562 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its stake in ACI Worldwide by 75.1% in the fourth quarter. Victory Capital Management Inc. now owns 496,983 shares of the technology company’s stock valued at $25,798,000 after acquiring an additional 213,181 shares during the last quarter. Institutional investors own 94.74% of the company’s stock.
ACI Worldwide Stock Up 3.6 %
ACI Worldwide stock opened at $56.70 on Wednesday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.56 and a quick ratio of 1.56. The company’s 50-day moving average is $53.19 and its 200-day moving average is $52.90. The firm has a market capitalization of $5.97 billion, a PE ratio of 26.87 and a beta of 1.13. ACI Worldwide, Inc. has a fifty-two week low of $31.19 and a fifty-two week high of $59.71.
Insider Buying and Selling
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.
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