Shares of ACI Worldwide Inc (NASDAQ:ACIW) have earned a consensus recommendation of “Hold” from the eight research firms that are covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $25.50.

A number of brokerages have recently weighed in on ACIW. BidaskClub lowered shares of ACI Worldwide from a “hold” rating to a “sell” rating in a report on Tuesday, December 12th. Zacks Investment Research lowered shares of ACI Worldwide from a “buy” rating to a “hold” rating in a report on Tuesday, September 26th.

ACI Worldwide (NASDAQ:ACIW) opened at $22.73 on Friday. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.87. ACI Worldwide has a 1-year low of $18.57 and a 1-year high of $25.00. The stock has a market cap of $2,669.22, a price-to-earnings ratio of 68.88, a price-to-earnings-growth ratio of 4.07 and a beta of 1.30.

In other news, Director James Mcgroddy sold 30,000 shares of the business’s stock in a transaction on Thursday, November 9th. The shares were sold at an average price of $23.07, for a total transaction of $692,100.00. Following the sale, the director now directly owns 88,896 shares of the company’s stock, valued at $2,050,830.72. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders have sold 180,000 shares of company stock worth $4,069,200 over the last three months. Corporate insiders own 4.20% of the company’s stock.

Institutional investors and hedge funds have recently made changes to their positions in the company. BlackRock Inc. lifted its position in ACI Worldwide by 0.4% during the second quarter. BlackRock Inc. now owns 12,035,561 shares of the technology company’s stock valued at $269,235,000 after purchasing an additional 44,692 shares during the period. Vanguard Group Inc. lifted its position in ACI Worldwide by 1.7% during the second quarter. Vanguard Group Inc. now owns 9,780,252 shares of the technology company’s stock valued at $218,784,000 after purchasing an additional 161,582 shares during the period. Fuller & Thaler Asset Management Inc. lifted its position in ACI Worldwide by 1.1% during the third quarter. Fuller & Thaler Asset Management Inc. now owns 6,335,585 shares of the technology company’s stock valued at $144,325,000 after purchasing an additional 68,306 shares during the period. State Street Corp lifted its position in ACI Worldwide by 3.9% during the second quarter. State Street Corp now owns 3,892,245 shares of the technology company’s stock valued at $87,069,000 after purchasing an additional 147,535 shares during the period. Finally, Dimensional Fund Advisors LP lifted its position in ACI Worldwide by 3.5% during the second quarter. Dimensional Fund Advisors LP now owns 2,896,885 shares of the technology company’s stock valued at $64,804,000 after purchasing an additional 97,182 shares during the period.

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ACI Worldwide Company Profile

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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