ACI Worldwide, Inc. (NASDAQ:ACIW) Shares Acquired by First Trust Advisors LP

First Trust Advisors LP raised its position in ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 47.0% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 160,182 shares of the technology company's stock after purchasing an additional 51,216 shares during the period. First Trust Advisors LP owned 0.15% of ACI Worldwide worth $8,315,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Mariner LLC lifted its stake in shares of ACI Worldwide by 5.9% in the fourth quarter. Mariner LLC now owns 13,415 shares of the technology company's stock worth $696,000 after buying an additional 743 shares in the last quarter. Barclays PLC lifted its stake in ACI Worldwide by 11.9% in the 4th quarter. Barclays PLC now owns 253,061 shares of the technology company's stock worth $13,136,000 after purchasing an additional 26,888 shares in the last quarter. Summit Investment Advisors Inc. boosted its holdings in shares of ACI Worldwide by 3.3% during the 4th quarter. Summit Investment Advisors Inc. now owns 11,034 shares of the technology company's stock worth $573,000 after purchasing an additional 350 shares during the last quarter. Townsquare Capital LLC purchased a new stake in shares of ACI Worldwide in the fourth quarter valued at approximately $3,239,000. Finally, Covestor Ltd increased its holdings in shares of ACI Worldwide by 239.4% in the fourth quarter. Covestor Ltd now owns 594 shares of the technology company's stock valued at $31,000 after purchasing an additional 419 shares during the last quarter. Institutional investors and hedge funds own 94.74% of the company's stock.

ACI Worldwide Trading Up 1.7 %

NASDAQ ACIW traded up $0.93 on Friday, reaching $54.84. 577,764 shares of the company were exchanged, compared to its average volume of 700,295. 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 business's fifty day moving average price is $52.73 and its 200 day moving average price is $53.08. The stock has a market capitalization of $5.77 billion, a P/E ratio of 25.99 and a beta of 1.13. ACI Worldwide, Inc. has a fifty-two week low of $33.32 and a fifty-two week high of $59.71.

Insider Activity

In related news, Director Charles E. Peters, Jr. sold 12,940 shares of the firm's stock in a transaction dated Monday, March 3rd. The shares were 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. This trade represents a 13.80 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.00% of the company's stock.

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.