Bank of New York Mellon Corp raised its holdings in shares of ACI Worldwide, Inc. (NASDAQ:ACIW) by 2.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,462,825 shares of the technology company’s stock after purchasing an additional 34,226 shares during the quarter. Bank of New York Mellon Corp owned 1.23% of ACI Worldwide worth $33,323,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Capstone Asset Management Co. increased its stake in shares of ACI Worldwide by 0.7% during the second quarter. Capstone Asset Management Co. now owns 10,377 shares of the technology company’s stock valued at $232,000 after buying an additional 70 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in shares of ACI Worldwide by 0.5% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 17,227 shares of the technology company’s stock valued at $385,000 after buying an additional 94 shares during the period. Granite Investment Partners LLC increased its stake in shares of ACI Worldwide by 0.4% during the second quarter. Granite Investment Partners LLC now owns 67,586 shares of the technology company’s stock valued at $1,512,000 after buying an additional 252 shares during the period. Wrapmanager Inc. increased its stake in shares of ACI Worldwide by 3.4% during the second quarter. Wrapmanager Inc. now owns 14,280 shares of the technology company’s stock valued at $319,000 after buying an additional 468 shares during the period. Finally, Ameritas Investment Partners Inc. increased its stake in shares of ACI Worldwide by 1.7% during the second quarter. Ameritas Investment Partners Inc. now owns 45,289 shares of the technology company’s stock valued at $1,013,000 after buying an additional 749 shares during the period.

In other ACI Worldwide news, Director James Mcgroddy sold 30,000 shares of ACI Worldwide stock in a transaction dated Thursday, November 9th. The stock was sold at an average price of $23.07, for a total value of $692,100.00. Following the transaction, the director now owns 88,896 shares in the company, valued at $2,050,830.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 4.20% of the stock is owned by insiders.

ACI Worldwide, Inc. (NASDAQ ACIW) opened at $22.39 on Friday. The company has a market capitalization of $2,665.66, a price-to-earnings ratio of 31.22, a PEG ratio of 4.16 and a beta of 1.30. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.16 and a current ratio of 1.16. ACI Worldwide, Inc. has a 52 week low of $17.80 and a 52 week high of $25.00.

Several brokerages have recently commented on ACIW. DA Davidson began coverage on ACI Worldwide in a research note on Thursday, August 31st. They set a “buy” rating and a $26.00 price target on the stock. BidaskClub upgraded ACI Worldwide from a “sell” rating to a “hold” rating in a research note on Monday, August 14th. Finally, Zacks Investment Research lowered ACI Worldwide from a “buy” rating to a “hold” rating in a research note on Tuesday, September 26th. One analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the stock. ACI Worldwide has a consensus rating of “Hold” and an average price target of $26.00.

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ACI Worldwide Profile

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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Institutional Ownership by Quarter for ACI Worldwide (NASDAQ:ACIW)

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