We wouldn't blame ACI Worldwide, Inc. (NASDAQ:ACIW) shareholders if they were a little worried about the fact that Adalio Sanchez, the Independent Non-Executive Chair recently netted about US$558k selling shares at an average price of US$57.25. That sale reduced their total holding by 11% which is hardly insignificant, but far from the worst we've seen.

ACI Worldwide Insider Transactions Over The Last Year

Notably, that recent sale by Adalio Sanchez is the biggest insider sale of ACI Worldwide shares that we've seen in the last year. So we know that an insider sold shares at around the present share price of US$54.29. While insider selling is a negative, to us, it is more negative if the shares are sold 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. By clicking on the graph below, you can see the precise details of each insider transaction!

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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. We usually like to see fairly high levels of insider ownership. 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.

So What Do The ACI Worldwide Insider Transactions Indicate?

An insider sold stock recently, but they haven't been buying. And there weren't any purchases to give us comfort, over the last year. But since ACI Worldwide is profitable and growing, we're not too worried by this. While insiders do own shares, they don't own a heap, and they have been selling. So we'd only buy after careful consideration. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing ACI Worldwide. Every company has risks, and we've spotted 2 warning signs for ACI Worldwide you should know about.

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.