ACI Worldwide, Inc. (NASDAQ:ACIW) Shares Sold by Franklin Resources Inc.

Franklin Resources Inc. decreased its position in shares of ACI Worldwide, Inc. (NASDAQ:ACIW) by 3.9% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 4,502,195 shares of the technology company’s stock after selling 181,889 shares during the period. Franklin Resources Inc. owned 4.29% of ACI Worldwide worth $233,709,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. O Shaughnessy Asset Management LLC lifted its stake in shares of ACI Worldwide by 48.9% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 111,451 shares of the technology company’s stock worth $5,785,000 after purchasing an additional 36,623 shares during the period. Arrowstreet Capital Limited Partnership increased its stake 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 valued at $85,193,000 after purchasing an additional 85,753 shares during the last quarter. Horizon Investment Services LLC lifted its position in ACI Worldwide by 4.9% during the fourth quarter. Horizon Investment Services LLC now owns 30,001 shares of the technology company’s stock worth $1,557,000 after buying an additional 1,391 shares during the period. Pictet Asset Management Holding SA boosted its stake in ACI Worldwide by 23.3% in the 4th quarter. Pictet Asset Management Holding SA now owns 17,267 shares of the technology company’s stock worth $896,000 after buying an additional 3,264 shares during the last quarter. Finally, New Age Alpha Advisors LLC purchased a new stake in ACI Worldwide in the 4th quarter valued at about $548,000. Institutional investors and hedge funds own 94.74% of the company’s stock.

ACI Worldwide Trading Up 3.6 %

Shares of ACIW stock opened at $56.70 on Wednesday. The firm’s 50-day simple moving average is $53.19 and its 200-day simple moving average is $52.90. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.56 and a quick ratio of 1.56. ACI Worldwide, Inc. has a 1-year low of $31.19 and a 1-year high of $59.71. The firm has a market cap of $5.97 billion, a P/E ratio of 26.87 and a beta of 1.13.

Insider Activity

In other news, Director Charles E. Peters, Jr. sold 12,940 shares of ACI Worldwide stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $57.57, for a total value of $744,955.80. Following the transaction, the director now directly owns 80,842 shares of the company’s stock, valued at $4,654,073.94. The trade was a 13.80 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 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.