ACI Worldwide, Inc. (NASDAQ:ACIW) Shares Sold by Brevan Howard Capital Management LP

Brevan Howard Capital Management LP decreased its stake in shares of ACI Worldwide, Inc. (NASDAQ:ACIW) by 82.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,465 shares of the technology company’s stock after selling 20,803 shares during the period. Brevan Howard Capital Management LP’s holdings in ACI Worldwide were worth $232,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of ACIW. Barclays PLC boosted its holdings in shares of ACI Worldwide by 11.9% in the fourth quarter. Barclays PLC now owns 253,061 shares of the technology company’s stock valued at $13,136,000 after acquiring an additional 26,888 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in ACI Worldwide by 56.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 18,218 shares of the technology company’s stock worth $946,000 after purchasing an additional 6,602 shares during the period. Dynamic Technology Lab Private Ltd bought a new position in ACI Worldwide during the 4th quarter valued at $519,000. Ritholtz Wealth Management increased its position in shares of ACI Worldwide by 48.8% during the 4th quarter. Ritholtz Wealth Management now owns 53,797 shares of the technology company’s stock valued at $2,793,000 after purchasing an additional 17,636 shares during the period. Finally, Algert Global LLC raised its stake in shares of ACI Worldwide by 7.9% in the 4th quarter. Algert Global LLC now owns 184,730 shares of the technology company’s stock worth $9,589,000 after buying an additional 13,533 shares in the last quarter. Institutional investors and hedge funds own 94.74% of the company’s stock.

Insider Buying and Selling

In other ACI Worldwide news, Director Charles E. Peters, Jr. sold 12,940 shares of ACI Worldwide stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $57.57, for a total value of $744,955.80. Following the transaction, the director now owns 80,842 shares in the company, valued at approximately $4,654,073.94. The trade was a 13.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 1.00% of the company’s stock.

ACI Worldwide Trading Down 4.0%

Shares of ACI Worldwide stock opened at $46.50 on Monday. The business has a fifty day simple moving average of $52.57 and a 200-day simple moving average of $53.19. ACI Worldwide, Inc. has a fifty-two week low of $33.32 and a fifty-two week high of $59.71. The firm has a market cap of $4.89 billion, a price-to-earnings ratio of 22.04 and a beta of 1.14. 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 (NASDAQ:ACIW) last issued its quarterly earnings results on Thursday, May 8th. The technology company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.33 by $0.18. ACI Worldwide had a net margin of 14.04% and a return on equity of 21.67%. The firm had revenue of $394.57 million for the quarter, compared to analysts’ expectations of $364.36 million. During the same period in the previous year, the business earned $0.10 earnings per share. ACI Worldwide’s revenue for the quarter was up 24.9% compared to the same quarter last year. On average, equities analysts forecast that ACI Worldwide, Inc. will post 2 EPS for the current fiscal year.

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.