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

Massachusetts Financial Services Co. MA reduced its holdings in shares of ACI Worldwide, Inc. (NASDAQ:ACIW) by 37.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 942,780 shares of the technology company’s stock after selling 568,104 shares during the quarter. Massachusetts Financial Services Co. MA owned 0.90% of ACI Worldwide worth $48,940,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in ACIW. Janney Montgomery Scott LLC grew its holdings in ACI Worldwide by 56.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 18,218 shares of the technology company’s stock worth $946,000 after acquiring an additional 6,602 shares in the last quarter. Verition Fund Management LLC increased its holdings in ACI Worldwide by 86.5% in the third quarter. Verition Fund Management LLC now owns 19,724 shares of the technology company’s stock valued at $1,004,000 after buying an additional 9,149 shares during the last quarter. State Street Corp raised its stake in ACI Worldwide by 1.3% during the third quarter. State Street Corp now owns 4,455,864 shares of the technology company’s stock valued at $226,803,000 after buying an additional 56,919 shares in the last quarter. Point72 Asset Management L.P. bought a new position in ACI Worldwide during the 3rd quarter worth approximately $204,000. Finally, Ritholtz Wealth Management grew its position in shares of ACI Worldwide by 48.8% in the 4th quarter. Ritholtz Wealth Management now owns 53,797 shares of the technology company’s stock worth $2,793,000 after acquiring an additional 17,636 shares in 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 current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.72. The company has a market capitalization of $5.29 billion, a price-to-earnings ratio of 23.78 and a beta of 1.13. ACI Worldwide, Inc. has a twelve month low of $31.19 and a twelve month high of $59.71. The business has a 50 day simple moving average of $53.26 and a 200-day simple moving average of $52.97.

Insider Buying and Selling

In related news, Director Charles E. Peters, Jr. sold 12,940 shares of ACI Worldwide stock in a transaction dated 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 directly owns 80,842 shares in the company, valued at $4,654,073.94. This trade represents a 13.80 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 1.00% of the company’s stock.

About ACI Worldwide

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.