Trexquant Investment LP Buys 145,640 Shares of ACI Worldwide, Inc. (NASDAQ:ACIW)

Trexquant Investment LP raised its stake in shares of ACI Worldwide, Inc. (NASDAQ:ACIW) by 137.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 251,908 shares of the technology company’s stock after purchasing an additional 145,640 shares during the period. Trexquant Investment LP owned 0.24% of ACI Worldwide worth $13,077,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. Blue Trust Inc. raised its holdings in ACI Worldwide by 104.9% during the 4th quarter. Blue Trust Inc. now owns 582 shares of the technology company’s stock valued at $30,000 after buying an additional 298 shares during the period. Farther Finance Advisors LLC increased its position 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 valued at $99,000 after acquiring an additional 1,397 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of ACI Worldwide by 24.0% in the fourth 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 during the period. Tocqueville Asset Management L.P. bought a new stake in shares of ACI Worldwide in the 4th quarter worth about $201,000. Finally, Point72 Asset Management L.P. purchased a new position in shares of ACI Worldwide during the 3rd quarter worth about $204,000. 94.74% of the stock is owned by institutional investors.

Insider Activity

In related news, Director Charles E. Peters, Jr. sold 12,940 shares of the business’s 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 completion of 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.00% of the company’s stock.

ACI Worldwide Stock Performance

ACI Worldwide stock opened at $56.70 on Wednesday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.56 and a quick ratio of 1.56. The firm has a market capitalization of $5.97 billion, a P/E ratio of 26.87 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 company’s 50-day moving average is $53.19 and its 200 day moving average is $52.90.

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.