ACI Worldwide Inc’s recent filing unveils that its Director HALE JAMES C III unloaded Company’s shares for reported $0.36 million on May 31 ’24. In the deal valued at $35.52 per share,10,000 shares were sold. As a result of this transaction, HALE JAMES C III now holds 69,912 shares worth roughly $2.43 million.
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Then, HALE JAMES C III sold 5,000 shares, generating $183,700 in total proceeds. Upon selling the shares at $36.74, the Director now owns 79,912 shares.
Before that, Silva Alessandro sold 17,817 shares. ACI Worldwide Inc shares valued at $493,807 were divested by the Chief Revenue Officer at a price of $27.72 per share. As a result of the transaction, Silva Alessandro now holds 52,062 shares, worth roughly $1.81 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 -1.73% to $34.75. Over the last five days, the stock has lost -0.03%. ACI Worldwide Inc shares have risen nearly 13.56% since the year began. Nevertheless, the stocks have risen 46.69% over the past one year. While a 52-week high of $37.85 was reached on 05/20/24, a 52-week low of $19.56 was recorded on 02/05/24. SMA at 50 days reached $34.13, while 200 days put it at $28.68. A total of 0.89 million shares were traded, compared to the trading of 0.67 million shares in the previous session.
Levels Of Support And Resistance For ACIW Stock
The 24-hour chart illustrates a support level at 34.42, which if violated will result in even more drops to 34.08. On the upside, there is a resistance level at 35.24. A further resistance level may holdings at 35.72. The Relative Strength Index (RSI) on the 14-day chart is 46.26, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.53, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.69%. Stochastics %K at 36.33% indicates the stock is a holding.
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.
