9,870 Shares in ACI Worldwide, Inc. (NASDAQ:ACIW) Acquired by Cibc World Markets Corp

Cibc World Markets Corp bought a new position in shares of ACI Worldwide, Inc. (NASDAQ:ACIW) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 9,870 shares of the technology company’s stock, valued at approximately $512,000.

A number of other large investors have also recently added to or reduced their stakes in ACIW. Blue Trust Inc. boosted its holdings in ACI Worldwide by 104.9% during the fourth quarter. Blue Trust Inc. now owns 582 shares of the technology company’s stock worth $30,000 after buying an additional 298 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings in ACI Worldwide by 278.3% during the fourth quarter. Farther Finance Advisors LLC now owns 1,899 shares of the technology company’s stock worth $99,000 after buying an additional 1,397 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of ACI Worldwide by 24.0% in the 4th quarter. GAMMA Investing LLC now owns 2,624 shares of the technology company’s stock valued at $136,000 after acquiring an additional 508 shares in the last quarter. Point72 Asset Management L.P. purchased a new stake in shares of ACI Worldwide in the 3rd quarter valued at approximately $204,000. Finally, Cim Investment Management Inc. purchased a new stake in shares of ACI Worldwide in the 3rd quarter valued at approximately $206,000. 94.74% of the stock is currently owned by institutional investors.

ACI Worldwide Stock Down 0.8 %

Shares of NASDAQ:ACIW opened at $53.05 on Friday. 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 company has a market cap of $5.59 billion, a PE ratio of 25.14 and a beta of 1.13. ACI Worldwide, Inc. has a 52 week low of $31.19 and a 52 week high of $59.71. The firm has a 50 day simple moving average of $52.96 and a 200 day simple moving average of $52.51.

Insider Activity at ACI Worldwide

In related news, Director Charles E. Peters, Jr. sold 12,940 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the director now owns 80,842 shares in the company, valued at approximately $4,654,073.94. This represents a 13.80 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.00% of the stock is 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.