Bridge City Capital LLC Has $3.08 Million Holdings in ACI Worldwide, Inc. (NASDAQ:ACIW)

Bridge City Capital LLC raised its stake in ACI Worldwide, Inc. (NASDAQ:ACIW) by 4.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 59,238 shares of the technology company’s stock after buying an additional 2,663 shares during the quarter. Bridge City Capital LLC owned 0.06% of ACI Worldwide worth $3,075,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ACIW. LPL Financial LLC raised its position in shares of ACI Worldwide by 13.5% in the 4th quarter. LPL Financial LLC now owns 31,132 shares of the technology company’s stock valued at $1,616,000 after acquiring an additional 3,698 shares during the period. KLP Kapitalforvaltning AS bought a new stake in ACI Worldwide in the fourth quarter valued at approximately $1,801,000. Knights of Columbus Asset Advisors LLC acquired a new stake in ACI Worldwide in the fourth quarter worth $1,566,000. Sei Investments Co. boosted its position in shares of ACI Worldwide by 3.2% during the fourth quarter. Sei Investments Co. now owns 405,631 shares of the technology company’s stock worth $21,056,000 after purchasing an additional 12,463 shares in the last quarter. Finally, American Century Companies Inc. grew its holdings in shares of ACI Worldwide by 206.2% in the 4th quarter. American Century Companies Inc. now owns 1,005,479 shares of the technology company’s stock valued at $52,194,000 after buying an additional 677,143 shares during the period. Institutional investors own 94.74% of the company’s stock.

ACI Worldwide Stock Performance

Shares of ACI Worldwide stock opened at $53.05 on Friday. ACI Worldwide, Inc. has a 12 month low of $31.19 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 company has a market capitalization of $5.59 billion, a PE ratio of 25.14 and a beta of 1.13. The stock’s fifty day simple moving average is $52.96 and its 200 day simple moving average is $52.51.

Insider Transactions at ACI Worldwide

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