13,297 Shares in ACI Worldwide, Inc. (NASDAQ:ACIW) Acquired by Trek Financial LLC

Trek Financial LLC acquired a new stake in ACI Worldwide, Inc. (NASDAQ:ACIW) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 13,297 shares of the technology company’s stock, valued at approximately $690,000.

Several other large investors have also modified their holdings of ACIW. Blue Trust Inc. increased its holdings in shares of ACI Worldwide by 104.9% in the 4th quarter. Blue Trust Inc. now owns 582 shares of the technology company’s stock valued at $30,000 after acquiring an additional 298 shares during the period. Farther Finance Advisors LLC increased its stake in ACI Worldwide by 278.3% in the fourth quarter. Farther Finance Advisors LLC now owns 1,899 shares of the technology company’s stock valued at $99,000 after purchasing an additional 1,397 shares during the period. GAMMA Investing LLC raised its holdings in shares of ACI Worldwide by 24.0% in the fourth quarter. GAMMA Investing LLC now owns 2,624 shares of the technology company’s stock valued at $136,000 after buying an additional 508 shares during the last quarter. Tocqueville Asset Management L.P. purchased a new stake in shares of ACI Worldwide in the fourth quarter valued at about $201,000. Finally, Point72 Asset Management L.P. acquired a new stake in shares of ACI Worldwide during the third quarter worth about $204,000. 94.74% of the stock is owned by institutional investors and hedge funds.

ACI Worldwide Stock Performance

Shares of ACIW stock opened at $50.18 on Monday. The stock’s 50-day moving average price is $53.26 and its 200 day moving average price is $52.99. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.72. The stock has a market capitalization of $5.29 billion, a PE ratio of 23.78 and a beta of 1.13. ACI Worldwide, Inc. has a 52-week low of $31.19 and a 52-week high of $59.71.

Insider Activity

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

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.