Integrated Quantitative Investments LLC Takes Position in ACI Worldwide, Inc. (NASDAQ:ACIW)

Integrated Quantitative Investments LLC purchased a new position in ACI Worldwide, Inc. (NASDAQ:ACIW) during the fourth quarter, HoldingsChannel reports. The firm purchased 25,944 shares of the technology company’s stock, valued at approximately $1,347,000. ACI Worldwide makes up about 0.7% of Integrated Quantitative Investments LLC’s investment portfolio, making the stock its 28th largest position.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Cerity Partners LLC boosted its position in shares of ACI Worldwide by 77.9% in the third quarter. Cerity Partners LLC now owns 11,471 shares of the technology company’s stock worth $584,000 after purchasing an additional 5,022 shares during the period. The Manufacturers Life Insurance Company increased its holdings in ACI Worldwide by 2.6% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 60,412 shares of the technology company’s stock valued at $3,075,000 after acquiring an additional 1,540 shares during the last quarter. FMR LLC raised its position in ACI Worldwide by 173.0% during the third quarter. FMR LLC now owns 13,668 shares of the technology company’s stock valued at $696,000 after purchasing an additional 8,661 shares during the period. BNP Paribas Financial Markets boosted its stake in ACI Worldwide by 84.1% during the third quarter. BNP Paribas Financial Markets now owns 81,793 shares of the technology company’s stock worth $4,163,000 after buying an additional 37,367 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in ACI Worldwide by 1.5% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 317,611 shares of the technology company’s stock worth $16,166,000 after purchasing an additional 4,711 shares during the last quarter. 94.74% of the stock is owned by hedge funds and other institutional investors.

ACI Worldwide Stock Performance

Shares of ACI Worldwide stock opened at $53.46 on Friday. The firm has a market cap of $5.63 billion, a P/E ratio of 25.34 and a beta of 1.13. ACI Worldwide, Inc. has a 12 month low of $31.19 and a 12 month high of $59.71. 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 stock’s fifty day moving average price is $53.30 and its 200-day moving average price is $52.93.

Insider Buying and Selling at ACI Worldwide

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 value of $744,955.80. Following 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.00% of the company’s stock.

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.