Aci Worldwide, Inc. (ACIW) Files Form 4 Insider Selling : Thomas W Iii Warsop Sells 4,500 Shares

Aci Worldwide, Inc. (ACIW): Thomas W Iii Warsop , director of Aci Worldwide, Inc. sold 4,500 shares on Jun 15, 2016. The Insider selling transaction was reported by the company on Jun 17, 2016 to the Securities and Exchange Commission. The shares were sold at $20.83 per share for a total value of $93,735.45 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 13, 2016, Philip G Heasley (CEO and President) sold 4,863 shares at $22.00 per share price.On Mar 17, 2016, Carolyn B Homberger (Group President AOD) sold 9,000 shares at $20.13 per share price.Also, On Dec 16, 2015, Adalio T Sanchez (director) purchased 2,300 shares at $0.00 per share price.On Aug 27, 2015, Thomas W Iii Warsop (director) purchased 5,000 shares at $0.00 per share price.

ACI Worldwide Inc: On Wednesday, Jun 15, 2016 heightened volatility was witnessed in ACI Worldwide Inc which led to swings in the share price. The shares opened for trading at $21.06 and hit $21.0772 on the upside , eventually ending the session at $20.75, with a gain of 0.10% or 0.02 points. The heightened volatility saw the trading volume jump to 3,48,269 shares. The 52-week high of the share price is $25.8 and the company has a market cap of $2,420 M . The 52-week low of the share price is at $15.072.

ACI Worldwide Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.ACI Worldwide Inc is Initiated by Monness Crespi & Hardt to Buy and the brokerage firm has set the Price Target at $26. The Rating was issued on Jun 15, 2016.

ACI Worldwide Inc. develops markets installs and supports a line of software products and services primarily focused on facilitating electronic payments. The Company’s suite of software products and hosted services deliver a range of solutions for payments processing card and merchant management electronic bill presentment and payment (EBPP) online banking mobile branch and voice banking fraud detection and trade finance. The Company’s services include implementation services product support services technical services education services testing services expert services consultancy and facilities management services. It offers various solutions including its retail and wholesale payment engines risk management biller retailers and online banking products. It caters to financial institutions including global national regional and community banks and credit unions; processors; retailers and billers.

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