Cubist Systematic Strategies LLC Makes New $2.08 Million Investment in ACI Worldwide, Inc. $ACIW

Key Points

• Cubist Systematic Strategies LLC acquired a new position in ACI Worldwide, purchasing 37,949 shares valued at approximately $2,076,000 in the first quarter.
• Several hedge funds increased their stakes in ACI Worldwide, with Ameriprise Financial boosting its holdings by 132.9% to over 1.57 million shares valued at nearly $86 million.
• Wall Street analysts have mixed ratings for ACI Worldwide, with a consensus rating of "Moderate Buy" and an average price target of $60.00.

Cubist Systematic Strategies LLC acquired a new position in ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) during the 1st quarter, according to its most recent filing with the SEC. The fund acquired 37,949 shares of the technology company's stock, valued at approximately $2,076,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Hohimer Wealth Management LLC boosted its position in shares of ACI Worldwide by 4.1% in the 1st quarter. Hohimer Wealth Management LLC now owns 4,962 shares of the technology company's stock worth $271,000 after buying an additional 197 shares in the last quarter. Smartleaf Asset Management LLC raised its stake in ACI Worldwide by 5.0% in the 1st quarter. Smartleaf Asset Management LLC now owns 4,367 shares of the technology company's stock valued at $237,000 after purchasing an additional 207 shares during the last quarter. HighTower Advisors LLC raised its stake in ACI Worldwide by 1.4% in the 1st quarter. HighTower Advisors LLC now owns 15,744 shares of the technology company's stock valued at $861,000 after purchasing an additional 212 shares during the last quarter. Snowden Capital Advisors LLC raised its stake in ACI Worldwide by 3.2% in the 4th quarter. Snowden Capital Advisors LLC now owns 8,048 shares of the technology company's stock valued at $418,000 after purchasing an additional 246 shares during the last quarter. Finally, Cetera Investment Advisers raised its stake in ACI Worldwide by 6.7% in the 1st quarter. Cetera Investment Advisers now owns 6,531 shares of the technology company's stock valued at $357,000 after purchasing an additional 408 shares during the last quarter. 94.74% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at ACI Worldwide

In other news, Director Janet O. Estep sold 4,500 shares of the company's stock in a transaction dated Wednesday, June 18th. The shares were sold at an average price of $44.66, for a total transaction of $200,970.00. Following the completion of the transaction, the director owned 77,631 shares of the company's stock, valued at $3,467,000.46. This represents a 5.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.10% of the stock is currently owned by corporate insiders.

ACI Worldwide Trading Down 0.9%

Shares of NASDAQ ACIW traded down $0.48 on Friday, reaching $50.15. 888,541 shares of the company traded hands, compared to its average volume of 833,478. ACI Worldwide, Inc. has a fifty-two week low of $40.45 and a fifty-two week high of $59.71. The company has a 50 day moving average of $46.38 and a 200 day moving average of $48.83. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 0.62. The stock has a market capitalization of $5.17 billion, a PE ratio of 21.16 and a beta of 1.07.

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

Wall Street Analyst Weigh In

Several brokerages recently weighed in on ACIW. Wall Street Zen downgraded shares of ACI Worldwide from a "strong-buy" rating to a "hold" rating in a research note on Saturday, August 9th. Stephens raised shares of ACI Worldwide from an "equal weight" rating to an "overweight" rating and set a $60.00 target price for the company in a research note on Thursday, July 17th. Zacks Research downgraded shares of ACI Worldwide from a "strong-buy" rating to a "hold" rating in a research note on Thursday, August 21st. Finally, Jefferies Financial Group cut their target price on shares of ACI Worldwide from $68.00 to $60.00 and set a "buy" rating for the company in a research note on Tuesday, May 27th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, ACI Worldwide has an average rating of "Moderate Buy" and a consensus price target of $60.00.

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.