ACI Worldwide Inc’s filing revealed that its Chief Technology Officer Kuruvilla Abraham unloaded Company’s shares for reported $0.3 million on Dec 06 ’24. In the deal valued at $55.71 per share,5,400 shares were sold. As a result of this transaction, Kuruvilla Abraham now holds 81,107 shares worth roughly $4.33 million.
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Then, Kuruvilla Abraham bought 5,400 shares, generating $300,834 in total proceeds.
Before that, SANCHEZ ADALIO T sold 8,550 shares. ACI Worldwide Inc shares valued at $489,454 were divested by the Director at a price of $57.25 per share. As a result of the transaction, SANCHEZ ADALIO T now holds 8,181 shares, worth roughly $0.44 million.
DA Davidson downgraded its ACI Worldwide Inc [ACIW] rating to a Neutral from a a Buy in a research note published on November 08, 2024; the price target was increased to $60 from $57. A number of analysts have revised their coverage, including Stephens’s analysts, who decreased its forecast for the stock in mid October from “an Overweight” to “an Equal-weight”. Jefferies began covering ACIW with “Buy” recommendation on March 08, 2024. Seaport Research Partners started covering the stock on November 21, 2023. It rated ACIW as “a Buy”.
Price Performance Review of ACIW
On Tuesday, ACI Worldwide Inc [NASDAQ:ACIW] saw its stock fall -0.85% to $53.41. Over the last five days, the stock has lost -5.50%. ACI Worldwide Inc shares have risen nearly 74.54% since the year began. Nevertheless, the stocks have risen 91.92% over the past one year. While a 52-week high of $59.71 was reached on 11/25/24, a 52-week low of $27.72 was recorded on 02/05/24. SMA at 50 days reached $53.21, while 200 days put it at $42.57.
Levels Of Support And Resistance For ACIW Stock
The 24-hour chart illustrates a support level at 52.87, which if violated will result in even more drops to 52.33. On the upside, there is a resistance level at 54.21. A further resistance level may holdings at 55.01. The Relative Strength Index (RSI) on the 14-day chart is 43.43, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.82, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.74%. Stochastics %K at 15.04% indicates the stock is a buying.
How much short interest is there in ACI Worldwide Inc?
A steep rise in short interest was recorded in ACI Worldwide Inc stocks on 2024-11-29, growing by 0.2 million shares to a total of 2.4 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 2.19 million shares. There was a rise of 8.42%, which implies that there is a positive sentiment for the stock.
