Segall Bryant & Hamill LLC Lowers Position in ACI Worldwide, Inc. (NASDAQ:ACIW)

Segall Bryant & Hamill LLC lowered its stake in shares of ACI Worldwide, Inc. (NASDAQ:ACIW) by 41.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 39,037 shares of the technology company’s stock after selling 27,735 shares during the period. Segall Bryant & Hamill LLC’s holdings in ACI Worldwide were worth $2,026,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in ACIW. Charles Schwab Investment Management Inc. increased its holdings in shares of ACI Worldwide by 2.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,389,734 shares of the technology company’s stock worth $70,737,000 after buying an additional 33,408 shares during the last quarter. Citigroup Inc. increased its stake in ACI Worldwide by 46.7% during the third quarter. Citigroup Inc. now owns 157,509 shares of the technology company’s stock worth $8,017,000 after acquiring an additional 50,145 shares during the last quarter. Cerity Partners LLC increased its stake in ACI Worldwide by 77.9% during the third quarter. Cerity Partners LLC now owns 11,471 shares of the technology company’s stock worth $584,000 after acquiring an additional 5,022 shares during the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of 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 worth $3,075,000 after purchasing an additional 1,540 shares during the period. Finally, Quantbot Technologies LP acquired a new position in shares of ACI Worldwide in the 3rd quarter valued at about $689,000. Institutional investors and hedge funds own 94.74% of the company’s stock.

Insider Transactions at ACI Worldwide

In other news, Director Charles E. Peters, Jr. sold 12,940 shares of the company’s stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $57.57, for a total value of $744,955.80. Following the completion of the sale, the director now owns 80,842 shares of the company’s stock, valued at $4,654,073.94. This represents a 13.80 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 1.00% of the company’s stock.

ACI Worldwide Stock Down 1.6 %

ACIW opened at $54.28 on Friday. ACI Worldwide, Inc. has a 1 year low of $31.19 and a 1 year high of $59.71. The firm has a 50 day moving average price of $53.13 and a 200 day moving average price of $52.71. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.56 and a current ratio of 1.56. The company has a market cap of $5.72 billion, a PE ratio of 25.73 and a beta of 1.13.

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.