Congress Wealth Management LLC DE Takes $8.21 Million Position in ACI Worldwide, Inc. (NASDAQ:ACIW)

Congress Wealth Management LLC DE bought a new position in ACI Worldwide, Inc. (NASDAQ:ACIW) in the fourth quarter, according to its most recent filing with the SEC. The firm bought 158,158 shares of the technology company’s stock, valued at approximately $8,210,000. Congress Wealth Management LLC DE owned approximately 0.15% of ACI Worldwide as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of ACIW. Blue Trust Inc. increased its holdings in shares of ACI Worldwide by 104.9% in the fourth quarter. Blue Trust Inc. now owns 582 shares of the technology company’s stock valued at $30,000 after purchasing an additional 298 shares during the period. Farther Finance Advisors LLC increased its holdings in ACI Worldwide by 278.3% in the 4th quarter. Farther Finance Advisors LLC now owns 1,899 shares of the technology company’s stock worth $99,000 after buying an additional 1,397 shares during the period. GAMMA Investing LLC raised its position in ACI Worldwide by 24.0% during 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 last quarter. Tocqueville Asset Management L.P. acquired a new stake in ACI Worldwide during the 4th quarter valued at approximately $201,000. Finally, Point72 Asset Management L.P. purchased a new stake in shares of ACI Worldwide in the 3rd quarter valued at $204,000. Hedge funds and other institutional investors own 94.74% of the company’s stock.

Insider Activity

In other news, Director Charles E. Peters, Jr. sold 12,940 shares of the firm’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 $4,654,073.94. This trade represents a 13.80 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 1.00% of the company’s stock.

ACI Worldwide Trading Up 1.5 %

Shares of ACI Worldwide stock opened at $55.26 on Wednesday. ACI Worldwide, Inc. has a 1 year low of $31.19 and a 1 year high of $59.71. 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 stock has a market cap of $5.82 billion, a PE ratio of 26.19 and a beta of 1.13. The firm has a fifty day moving average price of $53.08 and a 200 day moving average price of $52.63.

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.