ACI Worldwide, Inc. (ACIW) Director Sells $672,000.00 in Stock
ACI Worldwide, Inc. (NASDAQ:ACIW) Director James Mcgroddy sold 30,000 shares of the business’s stock in a transaction that occurred on Monday, December 11th. The shares were sold at an average price of $22.40, for a total value of $672,000.00. Following the completion of the sale, the director now directly owns 76,896 shares of the company’s stock, valued at approximately $1,722,470.40. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.
James Mcgroddy also recently made the following trade(s):
- On Wednesday, December 13th, James Mcgroddy sold 90,000 shares of ACI Worldwide stock. The shares were sold at an average price of $22.40, for a total value of $2,016,000.00.
- On Thursday, November 9th, James Mcgroddy sold 30,000 shares of ACI Worldwide stock. The shares were sold at an average price of $23.07, for a total value of $692,100.00.
Shares of ACI Worldwide, Inc. (NASDAQ:ACIW) traded up $0.04 during midday trading on Wednesday, hitting $22.50. The company had a trading volume of 723,706 shares, compared to its average volume of 467,114. The company has a market cap of $2,653.80, a PE ratio of 31.08, a price-to-earnings-growth ratio of 4.14 and a beta of 1.30. ACI Worldwide, Inc. has a 1-year low of $17.80 and a 1-year high of $25.00. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.87.
Several hedge funds and other institutional investors have recently made changes to their positions in ACIW. Riverhead Capital Management LLC grew its stake in shares of ACI Worldwide by 62.0% in the 2nd quarter. Riverhead Capital Management LLC now owns 6,157 shares of the technology company’s stock valued at $138,000 after buying an additional 2,357 shares in the last quarter. Shelton Capital Management bought a new stake in ACI Worldwide during the third quarter worth approximately $201,000. Oakbrook Investments LLC bought a new stake in ACI Worldwide during the third quarter worth approximately $203,000. Neuberger Berman Group LLC bought a new stake in ACI Worldwide during the third quarter worth approximately $211,000. Finally, Strs Ohio boosted its position in ACI Worldwide by 17.3% during the second quarter. Strs Ohio now owns 9,500 shares of the technology company’s stock worth $212,000 after purchasing an additional 1,400 shares during the period.
About ACI Worldwide
ACI Worldwide, Inc develops, markets, installs and supports a line of software products and services primarily focused on facilitating electronic payments. The Company also distributes or acts as a sales agent for software developed by third parties. Its products and services are used principally by financial institutions, retailers, billers and electronic payment processors, both in domestic and international markets.
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