ACI Worldwide, Inc. (NASDAQ:ACIW) Stock Position Lowered by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL reduced its stake in shares of ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 43.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 161,671 shares of the technology company's stock after selling 126,119 shares during the quarter. Tudor Investment Corp ET AL owned about 0.15% of ACI Worldwide worth $8,392,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in ACIW. North Reef Capital Management LP boosted its position in shares of ACI Worldwide by 18.3% during the fourth quarter. North Reef Capital Management LP now owns 2,141,000 shares of the technology company's stock worth $111,139,000 after buying an additional 331,000 shares during the period. Oberweis Asset Management Inc. boosted its position in ACI Worldwide by 61.9% during the 4th quarter. Oberweis Asset Management Inc. now owns 333,012 shares of the technology company's stock worth $17,287,000 after acquiring an additional 127,300 shares during the period. Hancock Whitney Corp grew its stake in shares of ACI Worldwide by 8.3% in the fourth quarter. Hancock Whitney Corp now owns 6,307 shares of the technology company's stock worth $327,000 after purchasing an additional 484 shares in the last quarter. Voya Investment Management LLC grew its stake in shares of ACI Worldwide by 37.9% in the fourth quarter. Voya Investment Management LLC now owns 720,028 shares of the technology company's stock worth $37,377,000 after purchasing an additional 197,783 shares in the last quarter. Finally, Hood River Capital Management LLC increased its holdings in shares of ACI Worldwide by 3.1% during the fourth quarter. Hood River Capital Management LLC now owns 3,374,507 shares of the technology company's stock valued at $175,171,000 after purchasing an additional 100,311 shares during the period. 94.74% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other 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 transaction, the director now owns 80,842 shares in the company, valued at approximately $4,654,073.94. This trade represents a 13.80 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 1.00% of the company's stock.

ACI Worldwide Price Performance

ACIW traded up $0.93 on Friday, reaching $54.84. The company had a trading volume of 577,764 shares, compared to its average volume of 699,738. The company has a market capitalization of $5.77 billion, a P/E ratio of 25.99 and a beta of 1.14. 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 fifty day moving average of $52.81 and a 200-day moving average of $53.09. ACI Worldwide, Inc. has a one year low of $33.32 and a one year high of $59.71.

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.