HighTower Advisors LLC Has $806,000 Stock Position in ACI Worldwide, Inc. (NASDAQ:ACIW)

HighTower Advisors LLC grew its position in ACI Worldwide, Inc. (NASDAQ:ACIW) by 10.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,532 shares of the technology company’s stock after purchasing an additional 1,507 shares during the period. HighTower Advisors LLC’s holdings in ACI Worldwide were worth $806,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of ACIW. Blue Trust Inc. increased its position in shares of ACI Worldwide by 104.9% in the fourth quarter. Blue Trust Inc. now owns 582 shares of the technology company’s stock valued at $30,000 after acquiring an additional 298 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of ACI Worldwide by 24.0% during the 4th quarter. GAMMA Investing LLC now owns 2,624 shares of the technology company’s stock worth $136,000 after purchasing an additional 508 shares in the last quarter. Point72 Asset Management L.P. acquired a new stake in shares of ACI Worldwide in the 3rd quarter valued at approximately $204,000. Nkcfo LLC bought a new position in shares of ACI Worldwide in the fourth quarter valued at $208,000. Finally, Cim Investment Management Inc. acquired a new position in ACI Worldwide during the third quarter worth $206,000. 94.74% of the stock is owned by institutional investors and hedge funds.

ACI Worldwide Stock Performance

NASDAQ ACIW opened at $55.17 on Friday. The firm has a market capitalization of $5.81 billion, a P/E ratio of 26.15 and a beta of 1.13. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.72. The firm’s fifty day moving average price is $53.12 and its two-hundred day moving average price is $52.66. ACI Worldwide, Inc. has a 1 year low of $31.19 and a 1 year high of $59.71.

Insider Transactions at ACI Worldwide

In other news, Director Charles E. Peters, Jr. sold 12,940 shares of the firm’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 completion of the sale, the director now directly owns 80,842 shares of the company’s stock, valued at $4,654,073.94. This trade represents a 13.80 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 1.00% of the stock is owned by company 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.