Nuveen LLC Buys New Shares in ACI Worldwide, Inc. $ACIW

Nuveen LLC bought a new position in shares of ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 461,835 shares of the technology company's stock, valued at approximately $25,267,000. Nuveen LLC owned 0.44% of ACI Worldwide at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Hood River Capital Management LLC boosted its position in ACI Worldwide by 3.1% during the 4th quarter. Hood River Capital Management LLC now owns 3,374,507 shares of the technology company's stock worth $175,171,000 after buying an additional 100,311 shares during the period. North Reef Capital Management LP boosted its position in ACI Worldwide by 18.3% during the 4th quarter. North Reef Capital Management LP now owns 2,141,000 shares of the technology company's stock worth $111,139,000 after buying an additional 331,000 shares during the period. Invesco Ltd. boosted its position in ACI Worldwide by 0.7% during the 1st quarter. Invesco Ltd. now owns 2,027,606 shares of the technology company's stock worth $110,930,000 after buying an additional 14,278 shares during the period. Northern Trust Corp boosted its position in ACI Worldwide by 3.2% during the 4th quarter. Northern Trust Corp now owns 1,364,004 shares of the technology company's stock worth $70,805,000 after buying an additional 42,376 shares during the period. Finally, Congress Asset Management Co. boosted its position in ACI Worldwide by 9.5% during the 1st quarter. Congress Asset Management Co. now owns 1,180,839 shares of the technology company's stock worth $64,604,000 after buying an additional 102,087 shares during the period. 94.74% of the stock is currently owned by institutional investors and hedge funds.

ACI Worldwide Trading Up 3.6%

Shares of NASDAQ ACIW traded up $1.7450 during midday trading on Friday, reaching $49.6150. The stock had a trading volume of 147,189 shares, compared to its average volume of 748,122. The firm has a market cap of $5.12 billion, a price-to-earnings ratio of 20.93 and a beta of 1.07. ACI Worldwide, Inc. has a twelve month low of $40.45 and a twelve month high of $59.71. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.48 and a current ratio of 1.48. The company's 50 day moving average price is $45.04 and its 200 day moving average price is $49.13.

ACI Worldwide (NASDAQ:ACIW - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The technology company reported $0.35 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.27 by $0.08. The firm 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 company's revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.47 EPS. ACI Worldwide has set its Q3 2025 guidance at EPS. As a group, sell-side analysts expect that ACI Worldwide, Inc. will post 2 EPS for the current year.

Insiders Place Their Bets

In related news, Director Janet O. Estep sold 4,500 shares of the business's stock in a transaction on Wednesday, June 18th. The shares were sold at an average price of $44.66, for a total transaction of $200,970.00. Following the transaction, the director owned 77,631 shares in the company, valued at $3,467,000.46. The trade was a 5.48% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Mary P. Harman sold 7,194 shares of the business's stock in a transaction on Tuesday, June 10th. The shares were sold at an average price of $47.48, for a total transaction of $341,571.12. Following the transaction, the director owned 34,388 shares in the company, valued at $1,632,742.24. The trade was a 17.30% decrease in their position. The disclosure for this sale can be found here. 1.10% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. DA Davidson upgraded shares of ACI Worldwide from a "neutral" rating to a "buy" rating and set a $60.00 target price on the stock in a research report on Monday, May 12th. Wall Street Zen downgraded shares of ACI Worldwide from a "strong-buy" rating to a "hold" rating in a research report on Saturday, August 9th. Jefferies Financial Group cut their target price 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. Finally, 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. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, ACI Worldwide presently has a consensus rating of "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.