New Age Alpha Advisors LLC Invests $548,000 in ACI Worldwide, Inc. (NASDAQ:ACIW)

New Age Alpha Advisors LLC acquired a new stake in shares of ACI Worldwide, Inc. (NASDAQ:ACIW) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 10,560 shares of the technology company’s stock, valued at approximately $548,000.

Other hedge funds also recently bought and sold shares of the company. Blue Trust Inc. raised its stake in shares of 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 acquiring an additional 298 shares in the last quarter. Farther Finance Advisors LLC raised its position 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 worth $99,000 after purchasing an additional 1,397 shares during the period. GAMMA Investing LLC lifted its stake in ACI Worldwide by 24.0% in the fourth quarter. GAMMA Investing LLC now owns 2,624 shares of the technology company’s stock worth $136,000 after purchasing an additional 508 shares during the last quarter. Tocqueville Asset Management L.P. purchased a new stake in ACI Worldwide during the fourth quarter valued at about $201,000. Finally, Point72 Asset Management L.P. bought a new position in shares of ACI Worldwide during the third quarter valued at about $204,000. Institutional investors own 94.74% of the company’s stock.

ACI Worldwide Trading Up 0.8 %

NASDAQ ACIW opened at $54.71 on Tuesday. The firm has a market cap of $5.76 billion, a PE ratio of 25.93 and a beta of 1.13. 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 moving average of $53.15 and a 200-day moving average of $52.84. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.72.

Insider Buying and Selling at ACI Worldwide

In other ACI Worldwide news, Director Charles E. Peters, Jr. sold 12,940 shares of the firm’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 sale, the director now owns 80,842 shares of the company’s stock, valued at $4,654,073.94. This trade represents a 13.80 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 1.00% of the company’s stock.

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.