ACI Worldwide Inc’s recently made public that its Chief Financial Officer Behrens Scott W unloaded Company’s shares for reported $3.38 million on Dec 11 ’24. In the deal valued at $55.69 per share,60,749 shares were sold. As a result of this transaction, Behrens Scott W now holds 487,235 shares worth roughly $25.69 million.
Then, Behrens Scott W bought 60,749 shares, generating $3,310,820 in total proceeds.
Before that, Kuruvilla Abraham sold 5,400 shares. ACI Worldwide Inc shares valued at $300,834 were divested by the Chief Technology Officer at a price of $55.71 per share. As a result of the transaction, Kuruvilla Abraham now holds 81,107 shares, worth roughly $4.28 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 Monday, ACI Worldwide Inc [NASDAQ:ACIW] saw its stock fall -0.90% to $52.73. Over the last five days, the stock has gained 1.60%. ACI Worldwide Inc shares have risen nearly 1.58% since the year began. Nevertheless, the stocks have risen 79.78% over the past one year. While a 52-week high of $59.71 was reached on 01/03/25, a 52-week low of $28.79 was recorded on 01/02/25. SMA at 50 days reached $53.90, while 200 days put it at $44.38.
Levels Of Support And Resistance For ACIW Stock
The 24-hour chart illustrates a support level at 52.43, which if violated will result in even more drops to 52.13. On the upside, there is a resistance level at 53.27. A further resistance level may holdings at 53.80. The Relative Strength Index (RSI) on the 14-day chart is 46.65, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.15, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.87%. Stochastics %K at 45.27% indicates the stock is a holding.
How much short interest is there in ACI Worldwide Inc?
A steep rise in short interest was recorded in ACI Worldwide Inc stocks on 2024-12-13, dropping by -0.18 million shares to a total of 2.28 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 2.45 million shares. There was a decline of -7.85%, which implies that there is a negative sentiment for the stock.
