ACI Worldwide Inc’s filing revealed that its Chief Revenue Officer Silva Alessandro unloaded Company’s shares for reported $0.49 million on Dec 04 ’23. In the deal valued at $27.72 per share,17,817 shares were sold. As a result of this transaction, Silva Alessandro now holds 52,062 shares worth roughly $1.63 million.
Then, Behrens Scott W sold 35,003 shares, generating $942,995 in total proceeds. Upon selling the shares at $26.94, the Chief Financial Officer now owns 430,165 shares.
Before that, Guerra Deborah L sold 3,426 shares. ACI Worldwide Inc shares valued at $79,551 were divested by the Chief Product Officer at a price of $23.22 per share. As a result of the transaction, Guerra Deborah L now holds 51,724 shares, worth roughly $1.62 million.
Jefferies initiated its ACI Worldwide Inc [ACIW] rating to a Buy in a research note published on March 08, 2024; the price target was $38. A number of analysts have revised their coverage, including Seaport Research Partners’s analysts, who began to cover the stock in late November with a ‘”a Buy”‘ rating. Needham also remained covering ACIW and has decreased its forecast on November 02, 2022 with a “Hold” recommendation from previously “Buy” rating. Stephens started covering the stock on July 15, 2022. It rated ACIW as “an Overweight”.
Price Performance Review of ACIW
On Tuesday, ACI Worldwide Inc [NASDAQ:ACIW] saw its stock fall -0.32% to $31.40. Over the last five days, the stock has lost -7.18%. ACI Worldwide Inc shares have risen nearly 2.61% since the year began. Nevertheless, the stocks have risen 20.35% over the past one year. While a 52-week high of $33.83 was reached on 04/09/24, a 52-week low of $19.56 was recorded on 02/05/24. SMA at 50 days reached $31.60, while 200 days put it at $26.73. A total of 0.53 million shares were traded, compared to the trading of 0.38 million shares in the previous session.
Levels Of Support And Resistance For ACIW Stock
The 24-hour chart illustrates a support level at 31.18, which if violated will result in even more drops to 30.97. On the upside, there is a resistance level at 31.65. A further resistance level may holdings at 31.91. The Relative Strength Index (RSI) on the 14-day chart is 43.42, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.88, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.10%. Stochastics %K at 8.01% indicates the stock is a buying.
The most recent change occurred on September 17, 2020 when Compass Point began covering the stock and recommended ‘”a Buy”‘ rating along with a $40 price target.
