ACI Worldwide, Inc. (NASDAQ:ACIW) Shares Sold by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA trimmed its stake in shares of ACI Worldwide, Inc. (NASDAQ:ACIW) by 37.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 942,780 shares of the technology company’s stock after selling 568,104 shares during the quarter. Massachusetts Financial Services Co. MA’s holdings in ACI Worldwide were worth $48,940,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Trexquant Investment LP grew its holdings in ACI Worldwide by 137.0% during the fourth quarter. Trexquant Investment LP now owns 251,908 shares of the technology company’s stock worth $13,077,000 after acquiring an additional 145,640 shares during the period. Headlands Technologies LLC raised its holdings in shares of ACI Worldwide by 998.8% in the 4th quarter. Headlands Technologies LLC now owns 10,109 shares of the technology company’s stock worth $525,000 after purchasing an additional 9,189 shares in the last quarter. Geode Capital Management LLC lifted its stake in ACI Worldwide by 18.4% during the fourth quarter. Geode Capital Management LLC now owns 2,962,449 shares of the technology company’s stock valued at $154,095,000 after purchasing an additional 459,821 shares during the last quarter. O Shaughnessy Asset Management LLC boosted its holdings in ACI Worldwide by 48.9% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 111,451 shares of the technology company’s stock worth $5,785,000 after buying an additional 36,623 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its position in ACI Worldwide by 5.5% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,641,168 shares of the technology company’s stock worth $85,193,000 after buying an additional 85,753 shares during the last quarter. Institutional investors own 94.74% of the company’s stock.

ACI Worldwide Price Performance

Shares of NASDAQ:ACIW opened at $50.18 on Friday. The company has a market capitalization of $5.29 billion, a PE ratio of 23.78 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. The stock has a fifty day moving average of $53.26 and a 200-day moving average of $52.97. ACI Worldwide, Inc. has a one year low of $31.19 and a one year high of $59.71.

Insider Buying and Selling at ACI Worldwide

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

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.