Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. ACI Worldwide Inc shares valued at $489,454 were sold by SANCHEZ ADALIO T on Nov 13 ’24. At $57.25 per share, SANCHEZ ADALIO T sold 8,550 shares. The insider’s holdings dropped to 8,181 shares worth approximately $0.45 million following the completion of this transaction.
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Also, SANCHEZ ADALIO T sold 1,200 shares, netting a total of over 68,742 in proceeds. Following the sale of shares at $57.28 each, the insider now holds 43,272 shares.
Before that, Adalio T. Sanchez had added 9,750 shares to its account. In a trade valued at $553,508, the Officer bought ACI Worldwide Inc shares for $56.77 each.
As published in a research note from DA Davidson on November 08, 2024, ACI Worldwide Inc [ACIW] has been rated down from a Buy to a Neutral and the price target has been revised to $60 from $57. Analysts at Stephens downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal-weight”‘ outlook in a report released in mid October. As of March 08, 2024, Jefferies has initiated its “Buy” rating for ACIW. Earlier on November 21, 2023, Seaport Research Partners initiated its rating. Their recommendation was “a Buy” for ACIW stock.
Analyzing ACIW Stock Performance
During the last five days, there has been a drop of approximately -3.46%. Over the course of the year, ACI Worldwide Inc shares have jumped approximately 78.86%. Shares of the company reached a 52-week high of $59.60 on 11/07/24 and a 52-week low of $28.79 on 02/05/24. A 50-day SMA is recorded $51.43, while a 200-day SMA reached $40.90. Nevertheless, trading volume fell to 0.5 million shares from 0.45 million shares the previous day.
Support And Resistance Levels for ACI Worldwide Inc (ACIW)
According to the 24-hour chart, there is a support level at 53.96, which, if violated, would cause prices to drop to 53.18. In the upper region, resistance lies at 55.32. The next price resistance is at 55.90. RSI (Relative Strength Index) is 56.83 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.04, which suggests the price will decrease in the coming days. Percent R is at 46.53%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.