Callan Family Office LLC bought a new stake in ACI Worldwide, Inc. (NASDAQ:ACIW – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 10,430 shares of the technology company’s stock, valued at approximately $525,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in shares of ACI Worldwide in the second quarter valued at about $823,821,000. Dimensional Fund Advisors LP boosted its position in ACI Worldwide by 13.9% in the first quarter. Dimensional Fund Advisors LP now owns 2,813,150 shares of the technology company’s stock valued at $115,364,000 after buying an additional 344,358 shares during the last quarter. Reinhart Partners LLC. increased its holdings in ACI Worldwide by 8.5% in the 2nd quarter. Reinhart Partners LLC. now owns 2,424,247 shares of the technology company’s stock worth $121,916,000 after buying an additional 189,433 shares during the period. Alliancebernstein L.P. raised its position in ACI Worldwide by 4.8% during the 3rd quarter. Alliancebernstein L.P. now owns 2,336,124 shares of the technology company’s stock worth $123,277,000 after buying an additional 107,993 shares during the last quarter. Finally, North Reef Capital Management LP raised its position in ACI Worldwide by 13.2% during the 1st quarter. North Reef Capital Management LP now owns 2,230,000 shares of the technology company’s stock worth $91,452,000 after buying an additional 260,000 shares during the last quarter. Institutional investors and hedge funds own 94.73% of the company’s stock.
ACI Worldwide Trading Down 0.0%
Shares of NASDAQ:ACIW opened at $52.40 on Wednesday. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 0.52. ACI Worldwide, Inc. has a 12-month low of $38.05 and a 12-month high of $61.08. The business has a 50 day moving average of $53.47 and a two-hundred day moving average of $45.98. The company has a market capitalization of $5.29 billion, a PE ratio of 24.04 and a beta of 0.97.
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ACI Worldwide Profile
ACI Worldwide (NASDAQ:ACIW) is a global software company that provides electronic payment and banking solutions to financial institutions, merchants and billers. The company’s platforms enable real-time processing of credit, debit, ACH, bill payments, faster payments and money transfers, as well as integrated fraud prevention services. Headquartered in Naples, Florida, ACI serves clients across banking, payments and commerce sectors worldwide.
ACI’s modular suite of applications can be deployed on-premise, in the cloud or in hybrid environments to meet diverse operational needs.
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