Susquehanna Fundamental Investments LLC acquired a new stake in ACI Worldwide, Inc. (NASDAQ:ACIW – Free Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 135,410 shares of the technology company’s stock, valued at approximately $6,810,000. Susquehanna Fundamental Investments LLC owned about 0.13% of ACI Worldwide as of its most recent filing with the SEC.
Several other large investors also recently modified their holdings of the company. BlackRock Inc. bought a new stake in shares of ACI Worldwide during the 2nd quarter valued at about $823,821,000. Dimensional Fund Advisors LP increased its holdings 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 worth $115,364,000 after purchasing an additional 344,358 shares in the last quarter. Reinhart Partners LLC. lifted its stake in ACI Worldwide by 8.5% in the second quarter. Reinhart Partners LLC. now owns 2,424,247 shares of the technology company’s stock valued at $121,916,000 after buying an additional 189,433 shares during the period. Alliancebernstein L.P. lifted its stake in ACI Worldwide by 4.8% in the third quarter. Alliancebernstein L.P. now owns 2,336,124 shares of the technology company’s stock valued at $123,277,000 after buying an additional 107,993 shares during the period. Finally, North Reef Capital Management LP boosted its holdings in shares of 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 in the last quarter. 94.73% of the stock is currently owned by institutional investors and hedge funds.
ACI Worldwide Trading Down 1.0%
Shares of ACI Worldwide stock opened at $53.28 on Tuesday. The stock has a market capitalization of $5.38 billion, a PE ratio of 24.44 and a beta of 0.97. ACI Worldwide, Inc. has a 52 week low of $38.05 and a 52 week high of $61.08. The stock has a 50 day moving average price of $54.25 and a two-hundred day moving average price of $46.32. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.58 and a current ratio of 1.58.
Analysts Set New Price Targets
View Our Latest Stock Analysis on ACI Worldwide
ACI Worldwide Company 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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