ACI Worldwide Inc (ACIW) Director Sells $722,700.00 in Stock
ACI Worldwide Inc (NASDAQ:ACIW) Director Jan Suwinski sold 30,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of $24.09, for a total transaction of $722,700.00. Following the sale, the director now owns 166,896 shares in the company, valued at approximately $4,020,524.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
ACI Worldwide Inc (NASDAQ ACIW) opened at $23.98 on Monday. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.87. The company has a market cap of $2,779.40, a P/E ratio of 30.35, a P/E/G ratio of 2.91 and a beta of 1.18. ACI Worldwide Inc has a 1 year low of $20.23 and a 1 year high of $25.02.
ACI Worldwide (NASDAQ:ACIW) last posted its earnings results on Thursday, February 22nd. The technology company reported $0.64 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.43 by $0.21. The company had revenue of $326.40 million during the quarter, compared to the consensus estimate of $322.12 million. ACI Worldwide had a net margin of 0.50% and a return on equity of 12.04%. The company’s revenue for the quarter was down 4.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.56 earnings per share. equities analysts anticipate that ACI Worldwide Inc will post 0.69 EPS for the current fiscal year.
A number of hedge funds have recently bought and sold shares of the business. Mutual of America Capital Management LLC grew its position in ACI Worldwide by 2.4% in the fourth quarter. Mutual of America Capital Management LLC now owns 95,858 shares of the technology company’s stock worth $2,173,000 after acquiring an additional 2,287 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of ACI Worldwide by 61.5% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,175 shares of the technology company’s stock worth $140,000 after buying an additional 2,352 shares during the period. UBS Asset Management Americas Inc. boosted its holdings in shares of ACI Worldwide by 3.9% during the 4th quarter. UBS Asset Management Americas Inc. now owns 73,870 shares of the technology company’s stock worth $1,675,000 after buying an additional 2,754 shares during the period. Bridge City Capital LLC boosted its holdings in shares of ACI Worldwide by 8.7% during the 3rd quarter. Bridge City Capital LLC now owns 36,030 shares of the technology company’s stock worth $821,000 after buying an additional 2,876 shares during the period. Finally, Great West Life Assurance Co. Can boosted its holdings in shares of ACI Worldwide by 4.2% during the 3rd quarter. Great West Life Assurance Co. Can now owns 72,092 shares of the technology company’s stock worth $1,652,000 after buying an additional 2,933 shares during the period.
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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.
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