ACI Worldwide, Inc. (NASDAQ:ACIW) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP trimmed its stake in shares of ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 8.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,413,390 shares of the technology company's stock after selling 305,152 shares during the period. Dimensional Fund Advisors LP owned about 3.25% of ACI Worldwide worth $177,188,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of ACIW. Blue Trust Inc. boosted its stake in shares of ACI Worldwide by 104.9% during the 4th 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. Covestor Ltd boosted its position in ACI Worldwide by 239.4% during the fourth quarter. Covestor Ltd now owns 594 shares of the technology company's stock worth $31,000 after purchasing an additional 419 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in ACI Worldwide by 278.3% in the fourth quarter. Farther Finance Advisors LLC now owns 1,899 shares of the technology company's stock valued at $99,000 after purchasing an additional 1,397 shares during the period. GAMMA Investing LLC increased its position 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 buying an additional 508 shares in the last quarter. Finally, Tocqueville Asset Management L.P. acquired a new position in shares of ACI Worldwide during the 4th quarter worth approximately $201,000. 94.74% of the stock is currently owned by hedge funds and other institutional investors.

ACI Worldwide Price Performance

Shares of NASDAQ:ACIW traded up $0.46 during midday trading on Tuesday, reaching $53.24. 134,746 shares of the company's stock traded hands, compared to its average volume of 702,055. The company has a fifty day simple moving average of $52.57 and a two-hundred day simple moving average of $53.06. ACI Worldwide, Inc. has a 1 year low of $33.02 and a 1 year high of $59.71. The company has a market cap of $5.60 billion, a P/E ratio of 25.17 and a beta of 1.13. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.56 and a current ratio of 1.56.

Insiders Place Their Bets

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 in the company, valued at approximately $4,654,073.94. The trade was a 13.80 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.00% of the stock is currently owned by company insiders.

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.