Knights of Columbus Asset Advisors LLC Buys New Shares in ACI Worldwide, Inc. (NASDAQ:ACIW)

Knights of Columbus Asset Advisors LLC acquired a new position in ACI Worldwide, Inc. (NASDAQ:ACIW) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 30,172 shares of the technology company’s stock, valued at approximately $1,566,000.

Other hedge funds have also recently made changes to their positions in the company. Janney Montgomery Scott LLC raised its position 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 valued at $946,000 after purchasing an additional 6,602 shares during the period. Verition Fund Management LLC boosted its position in ACI Worldwide by 86.5% during the 3rd quarter. Verition Fund Management LLC now owns 19,724 shares of the technology company’s stock valued at $1,004,000 after acquiring an additional 9,149 shares in the last quarter. Intech Investment Management LLC bought a new stake in ACI Worldwide during the 3rd quarter valued at $1,248,000. State Street Corp boosted its position in shares of ACI Worldwide by 1.3% in the 3rd quarter. State Street Corp now owns 4,455,864 shares of the technology company’s stock worth $226,803,000 after purchasing an additional 56,919 shares in the last quarter. Finally, Point72 Asset Management L.P. purchased a new position in ACI Worldwide in the 3rd quarter worth $204,000. Institutional investors own 94.74% of the company’s stock.

ACI Worldwide Stock Performance

NASDAQ ACIW opened at $53.05 on Friday. ACI Worldwide, Inc. has a fifty-two week low of $31.19 and a fifty-two week 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. The firm has a market capitalization of $5.59 billion, a P/E ratio of 25.14 and a beta of 1.13. The stock has a 50-day simple moving average of $52.96 and a two-hundred day simple moving average of $52.51.

Insider Buying and Selling

In other ACI Worldwide news, Director Charles E. Peters, Jr. sold 12,940 shares of the business’s stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $57.57, for a total value of $744,955.80. Following the sale, the director now owns 80,842 shares of the company’s stock, valued at $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 Securities & Exchange Commission, which is available through this link. 1.00% of the stock is currently owned by insiders.

ACI Worldwide Company 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.