ACI Worldwide Inc (ACIW) EVP Sells $949,200.00 in Stock

ACI Worldwide Inc (NASDAQ:ACIW) EVP Anthony M. Scotto, Jr. sold 40,000 shares of the stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $23.73, for a total transaction of $949,200.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Anthony M. Scotto, Jr. also recently made the following trade(s):

  • On Friday, December 15th, Anthony M. Scotto, Jr. sold 30,000 shares of ACI Worldwide stock. The stock was sold at an average price of $22.97, for a total transaction of $689,100.00.

Shares of ACI Worldwide Inc (NASDAQ:ACIW) traded down $1.32 during midday trading on Monday, reaching $21.74. 815,645 shares of the company were exchanged, compared to its average volume of 549,439. ACI Worldwide Inc has a 12-month low of $18.80 and a 12-month high of $25.00. The stock has a market capitalization of $2,734.44, a P/E ratio of 65.88, a PEG ratio of 3.79 and a beta of 1.24. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.16 and a quick ratio of 1.16.

ACI Worldwide (NASDAQ:ACIW) last announced its quarterly earnings results on Thursday, November 2nd. The technology company reported $0.11 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.11) by $0.22. ACI Worldwide had a net margin of 3.72% and a return on equity of 11.02%. The firm had revenue of $225.74 million for the quarter, compared to the consensus estimate of $218.24 million. equities analysts predict that ACI Worldwide Inc will post 0.5 earnings per share for the current fiscal year.

A number of hedge funds and other institutional investors have recently made changes to their positions in ACIW. Teachers Advisors LLC boosted its holdings in ACI Worldwide by 7.7% during the second quarter. Teachers Advisors LLC now owns 213,184 shares of the technology company’s stock worth $4,769,000 after buying an additional 15,320 shares in the last quarter. TIAA CREF Investment Management LLC boosted its holdings in ACI Worldwide by 1.1% during the second quarter. TIAA CREF Investment Management LLC now owns 318,484 shares of the technology company’s stock worth $7,124,000 after buying an additional 3,456 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in ACI Worldwide by 2.5% during the second quarter. Ameriprise Financial Inc. now owns 513,253 shares of the technology company’s stock worth $11,482,000 after buying an additional 12,746 shares in the last quarter. Amalgamated Bank boosted its holdings in ACI Worldwide by 5.7% during the second quarter. Amalgamated Bank now owns 16,790 shares of the technology company’s stock worth $376,000 after buying an additional 909 shares in the last quarter. Finally, Thrivent Financial For Lutherans boosted its holdings in ACI Worldwide by 8.5% during the second quarter. Thrivent Financial For Lutherans now owns 23,870 shares of the technology company’s stock worth $534,000 after buying an additional 1,860 shares in the last quarter.

A number of analysts have recently weighed in on ACIW shares. Zacks Investment Research lowered shares of ACI Worldwide from a “hold” rating to a “sell” rating in a research note on Monday, November 6th. BidaskClub lowered shares of ACI Worldwide from a “hold” rating to a “sell” rating in a research note on Tuesday, December 12th. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $26.00.

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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.

Insider Buying and Selling by Quarter for ACI Worldwide (NASDAQ:ACIW)

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