ACI Worldwide Sees Unusually Large Options Volume (NASDAQ:ACIW)

ACI Worldwide, Inc. (NASDAQ:ACIW) was the target of unusually large options trading on Friday. Stock traders bought 1,897 put options on the stock. This represents an increase of approximately 1,050% compared to the typical daily volume of 165 put options.

ACI Worldwide stock opened at $31.30 on Friday. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 0.91. ACI Worldwide has a 12 month low of $24.28 and a 12 month high of $43.23. The stock’s 50 day simple moving average is $33.08 and its two-hundred day simple moving average is $36.83. The firm has a market cap of $3.68 billion, a PE ratio of 43.47 and a beta of 1.12.

ACI Worldwide (NASDAQ:ACIW) last announced its earnings results on Wednesday, August 4th. The technology company reported $0.05 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.07 by ($0.02). The business had revenue of $301.67 million for the quarter, compared to analyst estimates of $301.00 million. ACI Worldwide had a return on equity of 15.00% and a net margin of 6.79%. The company’s quarterly revenue was up .6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.33 earnings per share.

Hedge funds have recently made changes to their positions in the company. Eagle Bay Advisors LLC acquired a new position in shares of ACI Worldwide during the 2nd quarter worth approximately $56,000. Marshall Wace LLP acquired a new position in shares of ACI Worldwide during the 1st quarter worth approximately $49,000. Huntington National Bank raised its stake in ACI Worldwide by 49.8% in the 2nd quarter. Huntington National Bank now owns 2,402 shares of the technology company’s stock valued at $89,000 after purchasing an additional 798 shares during the last quarter. Captrust Financial Advisors raised its stake in ACI Worldwide by 746.1% in the 1st quarter. Captrust Financial Advisors now owns 2,496 shares of the technology company’s stock valued at $95,000 after purchasing an additional 2,201 shares during the last quarter. Finally, Pinz Capital Management LP acquired a new position in ACI Worldwide in the 1st quarter valued at $107,000. 95.72% of the stock is owned by institutional investors and hedge funds.

ACI Worldwide Company Profile

ACI Worldwide, Inc engages in the development, marketing, installation, and support of software products and solutions primarily focused on facilitating real-time electronic payments. It operates through the following segments: ACI on Premise and ACI on Demand. The ACI on Premise segment serves customers who manage their software on site.

See Also: Return on Equity (ROE)

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