5,594 Shares in ACI Worldwide, Inc. (NASDAQ:ACIW) Acquired by Measured Wealth Private Client Group LLC

Measured Wealth Private Client Group LLC acquired a new position in shares of ACI Worldwide, Inc. (NASDAQ:ACIW) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 5,594 shares of the technology company’s stock, valued at approximately $290,000.

Several other large investors have also recently added to or reduced their stakes in ACIW. Pacer Advisors Inc. increased its holdings in shares of ACI Worldwide by 3.2% during the fourth quarter. Pacer Advisors Inc. now owns 7,763 shares of the technology company’s stock valued at $403,000 after purchasing an additional 238 shares during the period. Blue Trust Inc. raised its stake in shares of ACI Worldwide by 104.9% in the 4th quarter. Blue Trust Inc. now owns 582 shares of the technology company’s stock worth $30,000 after buying an additional 298 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of ACI Worldwide by 177.3% in the third quarter. Farther Finance Advisors LLC now owns 502 shares of the technology company’s stock valued at $26,000 after buying an additional 321 shares during the period. Cetera Trust Company N.A boosted its stake in ACI Worldwide by 7.9% during the third quarter. Cetera Trust Company N.A now owns 4,780 shares of the technology company’s stock valued at $243,000 after buying an additional 350 shares in the last quarter. Finally, The Manufacturers Life Insurance Company grew its holdings in ACI Worldwide by 0.8% during the second quarter. The Manufacturers Life Insurance Company now owns 58,872 shares of the technology company’s stock worth $2,331,000 after acquiring an additional 469 shares during the period. 94.74% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at ACI Worldwide

In related news, Director Adalio T. Sanchez sold 1,200 shares of the firm’s stock in a transaction that occurred on Wednesday, November 13th. The shares were sold at an average price of $57.28, for a total transaction of $68,736.00. Following the completion of the sale, the director now directly owns 43,272 shares in the company, valued at approximately $2,478,620.16. This trade represents a 2.70 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CTO Abraham Kuruvilla sold 5,400 shares of the company’s stock in a transaction that occurred on Friday, December 6th. The shares were sold at an average price of $55.71, for a total transaction of $300,834.00. Following the completion of the transaction, the chief technology officer now owns 81,107 shares in the company, valued at approximately $4,518,470.97. This represents a 6.24 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.00% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. DA Davidson lowered shares of ACI Worldwide from a “buy” rating to a “neutral” rating and raised their price objective for the company from $57.00 to $60.00 in a research report on Friday, November 8th. Stephens lowered shares of ACI Worldwide from an “overweight” rating to an “equal weight” rating in a research note on Friday, October 18th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $49.50.

ACI Worldwide Stock Down 1.5 %

ACIW stock opened at $54.03 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. The firm has a market capitalization of $5.67 billion, a P/E ratio of 25.61 and a beta of 1.20. ACI Worldwide, Inc. has a 52-week low of $28.93 and a 52-week high of $59.71. The company’s 50 day simple moving average is $53.51 and its 200-day simple moving average is $51.10.

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.