Legal & General Group Plc Has $15.64 Million Holdings in ACI Worldwide, Inc. (NASDAQ:ACIW)

Legal & General Group Plc trimmed its holdings in ACI Worldwide, Inc. (NASDAQ:ACIW) by 4.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 301,245 shares of the technology company’s stock after selling 14,737 shares during the period. Legal & General Group Plc owned about 0.29% of ACI Worldwide worth $15,638,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in shares of ACI Worldwide by 1.4% during the 4th quarter. Vanguard Group Inc. now owns 13,863,463 shares of the technology company’s stock valued at $719,652,000 after purchasing an additional 189,980 shares in the last quarter. Geode Capital Management LLC raised its holdings in ACI Worldwide by 18.4% during the 4th quarter. Geode Capital Management LLC now owns 2,962,449 shares of the technology company’s stock worth $154,095,000 after buying an additional 459,821 shares during the period. Invesco Ltd. lifted its stake in ACI Worldwide by 8.5% in the fourth quarter. Invesco Ltd. now owns 2,013,328 shares of the technology company’s stock valued at $104,512,000 after buying an additional 157,303 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of ACI Worldwide by 5.5% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,641,168 shares of the technology company’s stock valued at $85,193,000 after buying an additional 85,753 shares during the period. Finally, Norges Bank bought a new stake in shares of ACI Worldwide during the fourth quarter worth $75,868,000. 94.74% of the stock is currently owned by institutional investors.

Insider Buying and Selling at ACI Worldwide

In other news, Director Charles E. Peters, Jr. sold 12,940 shares of the firm’s stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $57.57, for a total transaction of $744,955.80. Following the completion of the transaction, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.00% of the company’s stock.

ACI Worldwide Trading Up 0.5 %

Shares of NASDAQ:ACIW opened at $52.13 on Tuesday. The firm has a market cap of $5.49 billion, a price-to-earnings ratio of 24.71 and a beta of 1.13. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.72. ACI Worldwide, Inc. has a 12 month low of $31.19 and a 12 month high of $59.71. The company’s fifty day simple moving average is $52.79 and its 200 day simple moving average is $53.03.

About ACI Worldwide

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.