Corient Private Wealth LLC Raises Stake in ACI Worldwide, Inc. (NASDAQ:ACIW)

Corient Private Wealth LLC increased its holdings in shares of ACI Worldwide, Inc. (NASDAQ:ACIW) by 5.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,638 shares of the technology company’s stock after purchasing an additional 267 shares during the quarter. Corient Private Wealth LLC’s holdings in ACI Worldwide were worth $293,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of ACIW. Ironwood Investment Management LLC increased its position in shares of ACI Worldwide by 0.8% in the fourth quarter. Ironwood Investment Management LLC now owns 30,151 shares of the technology company’s stock worth $1,565,000 after acquiring an additional 227 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in ACI Worldwide in the 4th quarter valued at $1,661,000. Farther Finance Advisors LLC increased its holdings in ACI Worldwide by 278.3% in the 4th quarter. Farther Finance Advisors LLC now owns 1,899 shares of the technology company’s stock valued at $99,000 after purchasing an additional 1,397 shares in the last quarter. HighTower Advisors LLC raised its position in ACI Worldwide by 10.7% in the fourth quarter. HighTower Advisors LLC now owns 15,532 shares of the technology company’s stock valued at $806,000 after purchasing an additional 1,507 shares during the period. Finally, Moran Wealth Management LLC acquired a new position in shares of ACI Worldwide during the fourth quarter worth about $214,000. Hedge funds and other institutional investors own 94.74% of the company’s stock.

Insiders Place Their Bets

In other ACI Worldwide news, Director Charles E. Peters, Jr. sold 12,940 shares of the business’s stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $57.57, for a total value of $744,955.80. Following the transaction, the director now owns 80,842 shares in the company, valued at $4,654,073.94. The trade was a 13.80 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.00% of the stock is owned by company insiders.

ACI Worldwide Price Performance

ACIW stock opened at $54.71 on Tuesday. The firm has a market cap of $5.76 billion, a P/E ratio of 25.93 and a beta of 1.13. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.56 and a current ratio of 1.56. ACI Worldwide, Inc. has a 1 year low of $31.19 and a 1 year high of $59.71. The stock has a 50-day simple moving average of $53.15 and a 200-day simple moving average of $52.84.

ACI Worldwide 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.