F M Investments LLC Makes New Investment in ACI Worldwide, Inc. (NASDAQ:ACIW)

F M Investments LLC purchased a new stake in ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 51,760 shares of the technology company's stock, valued at approximately $2,687,000.

A number of other institutional investors and hedge funds also recently modified their holdings of ACIW. Blue Trust Inc. raised its holdings in ACI Worldwide by 104.9% in the 4th quarter. Blue Trust Inc. now owns 582 shares of the technology company's stock valued at $30,000 after acquiring an additional 298 shares in the last quarter. Farther Finance Advisors LLC raised its position in ACI Worldwide by 278.3% during the 4th quarter. Farther Finance Advisors LLC now owns 1,899 shares of the technology company's stock worth $99,000 after purchasing an additional 1,397 shares during the last quarter. GAMMA Investing LLC boosted its holdings in 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 last quarter. Tocqueville Asset Management L.P. acquired a new stake in shares of ACI Worldwide during the fourth quarter worth $201,000. Finally, Point72 Asset Management L.P. bought a new stake in ACI Worldwide in the third quarter worth approximately $204,000. 94.74% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other ACI Worldwide news, Director Charles E. Peters, Jr. sold 12,940 shares of the firm's stock in a transaction on Monday, March 3rd. The stock was 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.00% of the stock is owned by company insiders.

ACI Worldwide Stock Down 0.9 %

NASDAQ:ACIW traded down $0.47 on Wednesday, hitting $51.75. The stock had a trading volume of 133,473 shares, compared to its average volume of 702,100. ACI Worldwide, Inc. has a 52 week low of $31.19 and a 52 week high of $59.71. The business's fifty day moving average is $52.75 and its 200 day moving average is $53.03. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.72. The company has a market cap of $5.45 billion, a PE ratio of 24.53 and a beta of 1.13.

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.