34,140 Shares in ACI Worldwide, Inc. $ACIW Bought by Fox Run Management L.L.C.

Key Points

• Fox Run Management L.L.C. acquired 34,140 shares of ACI Worldwide, valued at approximately $1,868,000, in the first quarter.
• Insider transactions include Director Janet O. Estep selling 4,500 shares, reducing her stake by 5.48%, while Director Mary P. Harman sold 7,194 shares, decreasing her position by 17.30%.
• ACI Worldwide reported $0.35 earnings per share for the last quarter, surpassing estimates, with revenue increasing by 7.4% year-over-year to $401.26 million.

Fox Run Management L.L.C. bought a new position in shares of ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 34,140 shares of the technology company's stock, valued at approximately $1,868,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Opal Wealth Advisors LLC purchased a new position in ACI Worldwide during the 1st quarter worth approximately $25,000. N.E.W. Advisory Services LLC purchased a new position in ACI Worldwide during the 1st quarter worth approximately $25,000. Covestor Ltd grew its stake in ACI Worldwide by 239.4% during the 4th quarter. Covestor Ltd now owns 594 shares of the technology company's stock worth $31,000 after buying an additional 419 shares during the last quarter. Wayfinding Financial LLC purchased a new position in ACI Worldwide during the 1st quarter worth approximately $39,000. Finally, Cheviot Value Management LLC purchased a new position in ACI Worldwide during the 1st quarter worth approximately $44,000. Institutional investors and hedge funds own 94.74% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Stephens upgraded ACI Worldwide from an "equal weight" rating to an "overweight" rating and set a $60.00 price target on the stock in a research note on Thursday, July 17th. DA Davidson upgraded ACI Worldwide from a "neutral" rating to a "buy" rating and set a $60.00 price target on the stock in a research note on Monday, May 12th. Jefferies Financial Group dropped their price target on ACI Worldwide from $68.00 to $60.00 and set a "buy" rating on the stock in a research note on Tuesday, May 27th. Finally, Wall Street Zen downgraded ACI Worldwide from a "strong-buy" rating to a "hold" rating in a research note on Saturday, August 9th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of $60.00.

Insider Buying and Selling at ACI Worldwide

In related news, Director Janet O. Estep sold 4,500 shares of ACI Worldwide stock in a transaction on Wednesday, June 18th. The stock was sold at an average price of $44.66, for a total transaction of $200,970.00. Following the completion of the transaction, the director directly owned 77,631 shares of the company's stock, valued at approximately $3,467,000.46. The trade was a 5.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Mary P. Harman sold 7,194 shares of ACI Worldwide stock in a transaction on Tuesday, June 10th. The stock was sold at an average price of $47.48, for a total value of $341,571.12. Following the transaction, the director directly owned 34,388 shares of the company's stock, valued at approximately $1,632,742.24. This represents a 17.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.10% of the company's stock.

ACI Worldwide Price Performance

Shares of ACI Worldwide stock traded up $0.14 during trading on Tuesday, reaching $47.39. The company's stock had a trading volume of 147,511 shares, compared to its average volume of 747,293. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.62. ACI Worldwide, Inc. has a 12-month low of $40.45 and a 12-month high of $59.71. The company has a market capitalization of $4.89 billion, a P/E ratio of 19.97 and a beta of 1.07. The business has a 50 day moving average price of $45.03 and a 200-day moving average price of $49.20.

ACI Worldwide (NASDAQ:ACIW - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The technology company reported $0.35 earnings per share for the quarter, beating analysts' consensus estimates of $0.27 by $0.08. ACI Worldwide had a return on equity of 19.09% and a net margin of 14.76%.The firm had revenue of $401.26 million for the quarter, compared to the consensus estimate of $380.45 million. During the same period in the previous year, the business earned $0.47 earnings per share. The company's revenue for the quarter was up 7.4% compared to the same quarter last year. ACI Worldwide has set its Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate that ACI Worldwide, Inc. will post 2 EPS for the current year.

ACI Worldwide Profile

ACI Worldwide, Inc, a software company, develops, markets, installs, and supports a range of software products and solutions for facilitating digital payments in the United States and internationally. The company operates in three segments: Banks, Merchants, and Billers. The company offers ACI Acquiring, a solution to process credit, debit, and prepaid card transactions, deliver digital innovation, and fraud prevention; ACI Issuing, a digital payment issuing solution for new payment offering; and ACI Enterprise Payments Platform that provides payment processing and orchestration capabilities for digital payments.