Bridgewater Associates LP Sells 12,829 Shares of ACI Worldwide, Inc. (NASDAQ:ACIW)

Bridgewater Associates LP lessened its stake in shares of ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 73.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 4,560 shares of the technology company's stock after selling 12,829 shares during the quarter. Bridgewater Associates LP's holdings in ACI Worldwide were worth $237,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. grew its position in ACI Worldwide by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 13,863,463 shares of the technology company's stock worth $719,652,000 after buying an additional 189,980 shares in the last quarter. Geode Capital Management LLC raised its holdings in ACI Worldwide by 18.4% in the 4th quarter. Geode Capital Management LLC now owns 2,962,449 shares of the technology company's stock valued at $154,095,000 after buying an additional 459,821 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of ACI Worldwide by 8.5% during the fourth quarter. Invesco Ltd. now owns 2,013,328 shares of the technology company's stock worth $104,512,000 after purchasing an additional 157,303 shares during the period. Arrowstreet Capital Limited Partnership grew its position in shares of ACI Worldwide by 5.5% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,641,168 shares of the technology company's stock valued at $85,193,000 after buying an additional 85,753 shares during the last quarter. Finally, Norges Bank acquired a new stake in ACI Worldwide during the 4th quarter valued at approximately $75,868,000. Institutional investors and hedge funds own 94.74% of the company's stock.

ACI Worldwide Trading Up 0.7 %

ACIW stock traded up $0.36 during mid-day trading on Friday, reaching $52.39. The company's stock had a trading volume of 571,023 shares, compared to its average volume of 703,332. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.72. ACI Worldwide, Inc. has a 12 month low of $32.89 and a 12 month high of $59.71. The business's 50 day moving average price is $52.55 and its 200 day moving average price is $53.04. The company has a market cap of $5.52 billion, a price-to-earnings ratio of 24.83 and a beta of 1.13.

Insider Activity at ACI Worldwide

In other ACI Worldwide news, Director Charles E. Peters, Jr. sold 12,940 shares of the business's stock in a transaction that occurred 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 sale, the director now directly owns 80,842 shares of the company's stock, valued at approximately $4,654,073.94. The trade was a 13.80 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 1.00% of the stock is currently owned by insiders.

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.