First Trust Advisors LP Buys 51,216 Shares of ACI Worldwide, Inc. (NASDAQ:ACIW)

First Trust Advisors LP raised its holdings in shares of ACI Worldwide, Inc. (NASDAQ:ACIW) by 47.0% in the 4th quarter, Holdings Channel reports. The firm owned 160,182 shares of the technology company’s stock after purchasing an additional 51,216 shares during the quarter. First Trust Advisors LP’s holdings in ACI Worldwide were worth $8,315,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Barclays PLC grew its stake in shares of ACI Worldwide by 11.9% during the fourth quarter. Barclays PLC now owns 253,061 shares of the technology company’s stock worth $13,136,000 after acquiring an additional 26,888 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in ACI Worldwide by 56.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 18,218 shares of the technology company’s stock worth $946,000 after purchasing an additional 6,602 shares during the period. Dynamic Technology Lab Private Ltd purchased a new position in ACI Worldwide during the fourth quarter worth about $519,000. Ritholtz Wealth Management raised its stake in ACI Worldwide by 48.8% during the fourth quarter. Ritholtz Wealth Management now owns 53,797 shares of the technology company’s stock worth $2,793,000 after purchasing an additional 17,636 shares during the period. Finally, Pacer Advisors Inc. raised its stake in shares of ACI Worldwide by 3.2% in the 4th quarter. Pacer Advisors Inc. now owns 7,763 shares of the technology company’s stock valued at $403,000 after acquiring an additional 238 shares during the period. Institutional investors own 94.74% of the company’s stock.

ACI Worldwide Price Performance

ACI Worldwide stock opened at $52.78 on Tuesday. The company’s 50 day simple moving average is $52.57 and its 200-day simple moving average is $53.06. The company has a market capitalization of $5.55 billion, a price-to-earnings ratio of 25.01 and a beta of 1.13. ACI Worldwide, Inc. has a 1 year low of $33.02 and a 1 year high of $59.71. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.56 and a current ratio of 1.56.

Insider Activity at ACI Worldwide

In related news, Director Charles E. Peters, Jr. sold 12,940 shares of ACI Worldwide stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $57.57, for a total value of $744,955.80. Following the completion of the transaction, the director now owns 80,842 shares in the company, valued at approximately $4,654,073.94. The trade was a 13.80 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.00% of the company’s stock.

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.