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

Segall Bryant & Hamill LLC decreased its position in shares of ACI Worldwide, Inc. (NASDAQ:ACIW) by 41.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,037 shares of the technology company’s stock after selling 27,735 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in ACI Worldwide were worth $2,026,000 at the end of the most recent quarter.

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

ACI Worldwide Stock Performance

Shares of ACIW opened at $54.28 on Friday. The company has a 50-day moving average of $53.13 and a two-hundred day moving average of $52.71. The stock has a market cap of $5.72 billion, a P/E ratio of 25.73 and a beta of 1.13. ACI Worldwide, Inc. has a 12-month low of $31.19 and a 12-month high of $59.71. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.72.

Insiders Place Their Bets

In other ACI Worldwide news, Director Charles E. Peters, Jr. sold 12,940 shares of the firm’s stock in a transaction dated 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 directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.00% of the stock is currently owned by company insiders.

ACI Worldwide Company 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.