Shelton Capital Management Reduces Holdings in ACI Worldwide, Inc. (NASDAQ:ACIW)

Shelton Capital Management decreased its position in shares of ACI Worldwide, Inc. (NASDAQ:ACIW) by 6.1% in the 4th quarter, Holdings Channel reports. The fund owned 4,519 shares of the technology company’s stock after selling 294 shares during the quarter. Shelton Capital Management’s holdings in ACI Worldwide were worth $235,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in ACIW. Blue Trust Inc. boosted its position in ACI Worldwide by 104.9% during the fourth quarter. Blue Trust Inc. now owns 582 shares of the technology company’s stock worth $30,000 after purchasing an additional 298 shares during the period. Farther Finance Advisors LLC lifted its stake in shares of ACI Worldwide by 278.3% during the 4th quarter. Farther Finance Advisors LLC now owns 1,899 shares of the technology company’s stock valued at $99,000 after buying an additional 1,397 shares in the last quarter. GAMMA Investing LLC boosted its holdings in ACI Worldwide by 24.0% in the 4th quarter. GAMMA Investing LLC now owns 2,624 shares of the technology company’s stock worth $136,000 after buying an additional 508 shares during the period. Tocqueville Asset Management L.P. purchased a new position in ACI Worldwide in the 4th quarter valued at approximately $201,000. Finally, Point72 Asset Management L.P. purchased a new stake in shares of ACI Worldwide during the third quarter worth $204,000. Hedge funds and other institutional investors own 94.74% of the company’s stock.

ACI Worldwide Price Performance

ACI Worldwide stock opened at $51.88 on Friday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.56 and a quick ratio of 1.56. ACI Worldwide, Inc. has a one year low of $31.19 and a one year high of $59.71. The firm has a market capitalization of $5.46 billion, a P/E ratio of 24.59 and a beta of 1.13. The business has a fifty day moving average price of $52.84 and a 200-day moving average price of $52.99.

Insiders Place Their Bets

In related news, Director Charles E. Peters, Jr. sold 12,940 shares of the company’s stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $57.57, for a total transaction of $744,955.80. Following the sale, the director now owns 80,842 shares of the company’s stock, valued at approximately $4,654,073.94. This represents a 13.80 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 1.00% of the stock is owned by corporate insiders.

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.