This Insider Has Just Sold Shares In ACI Worldwide

Some ACI Worldwide, Inc. (NASDAQ:ACIW) shareholders may be a little concerned to see that the Independent Non-Executive Chair, Adalio Sanchez, recently sold a substantial US$558k worth of stock at a price of US$57.25 per share. That's a big disposal, and it decreased their holding size by 11%, which is notable but not too bad.

See our latest analysis for ACI Worldwide

ACI Worldwide Insider Transactions Over The Last Year

In fact, the recent sale by Adalio Sanchez was the biggest sale of ACI Worldwide shares made by an insider individual in the last twelve months, according to our records. So we know that an insider sold shares at around the present share price of US$54.29. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.

In the last year ACI Worldwide insiders didn't buy any company stock. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar).

Does ACI Worldwide Boast High Insider Ownership?

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 0.9% of ACI Worldwide shares, worth about US$54m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

What Might The Insider Transactions At ACI Worldwide Tell Us?

An insider sold ACI Worldwide shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. But it is good to see that ACI Worldwide is growing earnings. While insiders do own shares, they don't own a heap, and they have been selling. We'd practice some caution before buying! So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Case in point: We've spotted 2 warning signs for ACI Worldwide you should be aware of.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.