ACI Worldwide Inc (NASDAQ:ACIW) CEO Philip G. Heasley sold 100,000 shares of ACI Worldwide stock in a transaction that occurred on Friday, November 9th. The stock was sold at an average price of $29.79, for a total transaction of $2,979,000.00. Following the completion of the transaction, the chief executive officer now directly owns 1,302,228 shares in the company, valued at $38,793,372.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Philip G. Heasley also recently made the following trade(s):

  • On Thursday, August 23rd, Philip G. Heasley sold 21,667 shares of ACI Worldwide stock. The shares were sold at an average price of $28.00, for a total transaction of $606,676.00.

NASDAQ:ACIW traded down $1.17 during trading hours on Friday, hitting $27.16. 703,869 shares of the company traded hands, compared to its average volume of 669,544. The stock has a market cap of $3.29 billion, a P/E ratio of 26.63, a PEG ratio of 2.71 and a beta of 1.28. ACI Worldwide Inc has a twelve month low of $20.23 and a twelve month high of $30.25. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.66 and a quick ratio of 1.66.

ACI Worldwide (NASDAQ:ACIW) last announced its quarterly earnings results on Thursday, November 8th. The technology company reported $0.22 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.03 by $0.19. The firm had revenue of $245.50 million for the quarter, compared to analyst estimates of $232.31 million. ACI Worldwide had a net margin of 1.42% and a return on equity of 7.42%. The business’s revenue for the quarter was up 8.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.08) EPS. As a group, equities research analysts anticipate that ACI Worldwide Inc will post 0.87 EPS for the current year.

Institutional investors have recently made changes to their positions in the business. Northern Trust Corp increased its holdings in ACI Worldwide by 0.9% in the 2nd quarter. Northern Trust Corp now owns 1,886,633 shares of the technology company’s stock valued at $46,544,000 after buying an additional 16,776 shares during the period. Cowen Prime Services LLC grew its holdings in shares of ACI Worldwide by 180.0% in the 3rd quarter. Cowen Prime Services LLC now owns 14,000 shares of the technology company’s stock worth $394,000 after purchasing an additional 9,000 shares during the last quarter. Rhumbline Advisers grew its holdings in shares of ACI Worldwide by 0.9% in the 2nd quarter. Rhumbline Advisers now owns 238,240 shares of the technology company’s stock worth $5,877,000 after purchasing an additional 2,241 shares during the last quarter. Oregon Public Employees Retirement Fund bought a new stake in shares of ACI Worldwide in the 2nd quarter worth about $1,120,000. Finally, WINTON GROUP Ltd bought a new stake in shares of ACI Worldwide in the 2nd quarter worth about $5,518,000.

A number of analysts have issued reports on the stock. BidaskClub upgraded shares of ACI Worldwide from a “buy” rating to a “strong-buy” rating in a research note on Friday, August 10th. Zacks Investment Research cut shares of ACI Worldwide from a “buy” rating to a “hold” rating in a research note on Friday, October 5th. Credit Suisse Group boosted their price objective on shares of ACI Worldwide from $25.00 to $27.00 and gave the stock a “neutral” rating in a research note on Wednesday, September 12th. Finally, TheStreet upgraded shares of ACI Worldwide from a “c+” rating to a “b-” rating in a research note on Thursday. One investment analyst has rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $30.00.

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About ACI Worldwide

ACI Worldwide, Inc provides software products and services for facilitating electronic payments to banks, intermediaries, merchants, and corporates worldwide. It offers UP Retail Payments solution that enables banks to accept, authorize, route, and secure payment transactions; and ACI Card and Merchant Management solutions, including credit, debit, smart card, and prepaid card issuance and management, as well as merchant account management and settlement.

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Insider Buying and Selling by Quarter for ACI Worldwide (NASDAQ:ACIW)

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