ACI Worldwide, Inc. (NASDAQ:ACIW) Director James Mcgroddy sold 90,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $22.40, for a total value of $2,016,000.00. Following the transaction, the director now owns 76,896 shares in the company, valued at approximately $1,722,470.40. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

James Mcgroddy also recently made the following trade(s):

  • On Monday, December 11th, James Mcgroddy sold 30,000 shares of ACI Worldwide stock. The stock was sold at an average price of $22.40, for a total value of $672,000.00.
  • On Thursday, November 9th, James Mcgroddy sold 30,000 shares of ACI Worldwide stock. The stock was sold at an average price of $23.07, for a total value of $692,100.00.

Shares of ACI Worldwide, Inc. (ACIW) traded up $0.04 during trading hours on Wednesday, hitting $22.50. The stock had a trading volume of 723,706 shares, compared to its average volume of 467,114. The stock has a market cap of $2,653.80, a price-to-earnings ratio of 31.08, a price-to-earnings-growth ratio of 4.14 and a beta of 1.30. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.16 and a quick ratio of 1.16. ACI Worldwide, Inc. has a fifty-two week low of $17.80 and a fifty-two week high of $25.00.

A number of hedge funds have recently bought and sold shares of the stock. Shelton Capital Management purchased a new stake in ACI Worldwide in the 3rd quarter valued at approximately $201,000. Public Employees Retirement System of Ohio lifted its stake in ACI Worldwide by 392.6% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 21,052 shares of the technology company’s stock valued at $480,000 after buying an additional 16,778 shares in the last quarter. GSA Capital Partners LLP purchased a new stake in ACI Worldwide in the 3rd quarter valued at approximately $826,000. Belpointe Asset Management LLC purchased a new stake in ACI Worldwide in the 3rd quarter valued at approximately $482,000. Finally, Neuberger Berman Group LLC purchased a new stake in ACI Worldwide in the 3rd quarter valued at approximately $211,000.

Several equities research analysts have recently commented on ACIW shares. DA Davidson started 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. Zacks Investment Research lowered ACI Worldwide from a “hold” rating to a “sell” rating in a research note on Monday, November 6th. Finally, BidaskClub lowered ACI Worldwide from a “hold” rating to a “sell” rating in a research note on Tuesday. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company’s stock. ACI Worldwide has a consensus rating of “Hold” and an average target price of $26.00.

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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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