ACI Worldwide Shares Signal Major Price Movement Ahead

Market participants are closely watching ACI Worldwide (NASDAQ: ACIW) as unusual activity in the options market suggests significant price volatility could be imminent. This heightened speculative interest presents a striking contrast to the company’s solid fundamental performance and substantial institutional ownership.

An overwhelming 94.74% of ACI Worldwide’s outstanding shares are held by hedge funds and institutional investors, demonstrating strong conviction in the payment technology company’s long-term prospects. Recent filing activity reveals notable adjustments to major positions:

• Reinhart Partners LLC reduced its stake by 24.3% in Q2, selling 316,557 shares
• Ameriprise Financial Inc. increased its holdings by 132.9% during the first quarter
• MetLife Investment Management executed the most aggressive move,... Read more...