Xponance Inc. Has $395,000 Position in ACI Worldwide, Inc. (NASDAQ:ACIW)

Xponance Inc. grew its position in ACI Worldwide, Inc. (NASDAQ:ACIW) by 10.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,604 shares of the technology company’s stock after acquiring an additional 702 shares during the period. Xponance Inc.’s holdings in ACI Worldwide were worth $395,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of ACIW. Intech Investment Management LLC bought a new position in ACI Worldwide during the third quarter worth about $1,248,000. Charles Schwab Investment Management Inc. lifted its position in shares of ACI Worldwide by 2.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,389,734 shares of the technology company’s stock valued at $70,737,000 after buying an additional 33,408 shares during the last quarter. Citigroup Inc. boosted its stake in shares of ACI Worldwide by 46.7% during the 3rd quarter. Citigroup Inc. now owns 157,509 shares of the technology company’s stock worth $8,017,000 after acquiring an additional 50,145 shares during the period. Cerity Partners LLC increased its holdings in shares of ACI Worldwide by 77.9% during the 3rd quarter. Cerity Partners LLC now owns 11,471 shares of the technology company’s stock worth $584,000 after acquiring an additional 5,022 shares during the last quarter. Finally, Pitcairn Co. bought a new stake in ACI Worldwide in the 3rd quarter valued at $235,000. 94.74% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Charles E. Peters, Jr. sold 12,940 shares of the business’s stock in a transaction 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 completion of the sale, the director now directly owns 80,842 shares in the company, valued at $4,654,073.94. The trade was a 13.80 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 1.00% of the stock is currently owned by insiders.

ACI Worldwide Trading Down 0.3 %

ACIW stock opened at $55.08 on Thursday. ACI Worldwide, Inc. has a one year low of $31.19 and a one year high of $59.71. The stock has a market cap of $5.80 billion, a price-to-earnings ratio of 26.10 and a beta of 1.13. The company has a fifty day moving average price of $53.11 and a two-hundred day moving average price of $52.65. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.56 and a quick ratio of 1.56.

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.