HighTower Advisors LLC Has $806,000 Position in ACI Worldwide, Inc. (NASDAQ:ACIW)

HighTower Advisors LLC boosted its holdings in ACI Worldwide, Inc. (NASDAQ:ACIW) by 10.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 15,532 shares of the technology company’s stock after acquiring an additional 1,507 shares during the period. HighTower Advisors LLC’s holdings in ACI Worldwide were worth $806,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of ACIW. Moran Wealth Management LLC bought a new stake in shares of ACI Worldwide during the 4th quarter valued at $214,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in ACI Worldwide by 13.3% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 27,552 shares of the technology company’s stock worth $1,430,000 after purchasing an additional 3,236 shares during the period. Amundi grew its stake in ACI Worldwide by 95.6% during the fourth quarter. Amundi now owns 63,221 shares of the technology company’s stock worth $3,295,000 after buying an additional 30,901 shares in the last quarter. Edgestream Partners L.P. bought a new position in ACI Worldwide in the 4th quarter valued at about $4,454,000. Finally, Prescott Group Capital Management L.L.C. increased its holdings in ACI Worldwide by 50.0% in the 4th quarter. Prescott Group Capital Management L.L.C. now owns 30,000 shares of the technology company’s stock valued at $1,557,000 after buying an additional 10,000 shares during the period. Institutional investors own 94.74% of the company’s stock.

Insider Buying and Selling at ACI Worldwide

In other news, Director Charles E. Peters, Jr. sold 12,940 shares of the 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 completion of the transaction, 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.00% of the company’s stock.

ACI Worldwide Stock Performance

Shares of ACI Worldwide stock opened at $55.17 on Friday. 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 market cap of $5.81 billion, a PE ratio of 26.15 and a beta of 1.13. The company has a 50 day moving average of $53.12 and a 200-day moving average of $52.66. ACI Worldwide, Inc. has a 1-year low of $31.19 and a 1-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.