Cubist Systematic Strategies LLC Invests $2.08 Million 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 bought a new position in shares of ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 37,949 shares of the technology company's stock, valued at approximately $2,076,000.

Other institutional investors have also recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of ACI Worldwide by 4,756.7% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,601 shares of the technology company's stock worth $1,018,000 after purchasing an additional 18,218 shares during the last quarter. Principal Financial Group Inc. raised its holdings in shares of ACI Worldwide by 2.3% during the first quarter. Principal Financial Group Inc. now owns 558,040 shares of the technology company's stock worth $30,530,000 after purchasing an additional 12,534 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of ACI Worldwide by 24.5% during the first quarter. GAMMA Investing LLC now owns 3,266 shares of the technology company's stock worth $179,000 after purchasing an additional 642 shares during the last quarter. Bank of America Corp DE increased its holdings in ACI Worldwide by 267.7% in the fourth quarter. Bank of America Corp DE now owns 563,335 shares of the technology company's stock valued at $29,243,000 after buying an additional 410,142 shares in the last quarter. Finally, Harbor Capital Advisors Inc. increased its holdings in ACI Worldwide by 5.9% in the first quarter. Harbor Capital Advisors Inc. now owns 144,122 shares of the technology company's stock valued at $7,885,000 after buying an additional 8,023 shares in the last quarter. Hedge funds and other institutional investors own 94.74% of the company's stock.

ACI Worldwide Stock Performance

Shares of NASDAQ:ACIW traded up $0.15 during midday trading on Thursday, hitting $50.24. The stock had a trading volume of 465,408 shares, compared to its average volume of 763,354. The company has a market capitalization of $5.18 billion, a PE ratio of 21.20 and a beta of 1.07. The stock has a 50 day moving average price of $46.21 and a two-hundred day moving average price 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. ACI Worldwide, Inc. has a 1 year low of $40.45 and a 1 year high of $59.71.

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

Analysts Set New Price Targets

A number of research analysts have weighed in on ACIW shares. Wall Street Zen cut shares of ACI Worldwide from a "strong-buy" rating to a "hold" rating in a report on Saturday, August 9th. Jefferies Financial Group lowered their price target on shares of ACI Worldwide from $68.00 to $60.00 and set a "buy" rating on the stock in a research report on Tuesday, May 27th. Stephens upgraded shares of ACI Worldwide from an "equal weight" rating to an "overweight" rating and set a $60.00 price target on the stock in a research report on Thursday, July 17th. Finally, Zacks Research lowered shares of ACI Worldwide from a "strong-buy" rating to a "hold" rating in a report on Thursday, August 21st. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $60.00.

Insider Transactions at ACI Worldwide

In other ACI Worldwide news, Director Janet O. Estep sold 4,500 shares of ACI Worldwide 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 in the company, 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 legal filing with the SEC, which is accessible through this link. Insiders own 1.10% of the company's stock.

ACI Worldwide Company 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.