Algert Global LLC Has $11.41 Million Stock Holdings in ACI Worldwide, Inc. $ACIW

Key Points

• Algert Global LLC increased its stake in ACI Worldwide by 12.9%, owning approximately 0.20% of the company valued at $11.4 million.
• Wall Street analysts have mixed ratings for ACI Worldwide, with some raising target prices to $60.00 while others downgraded the stock from "strong-buy" to "hold."
• In its latest quarterly earnings, ACI Worldwide reported an EPS of $0.35, exceeding estimates and reflecting a 7.4% year-over-year revenue increase to $401.26 million.

Algert Global LLC lifted its stake in shares of ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 12.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 208,519 shares of the technology company's stock after acquiring an additional 23,789 shares during the period. Algert Global LLC owned approximately 0.20% of ACI Worldwide worth $11,408,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in ACIW. Opal Wealth Advisors LLC bought a new stake in shares of ACI Worldwide during the first quarter worth $25,000. N.E.W. Advisory Services LLC bought a new stake in shares of ACI Worldwide during the first quarter worth $25,000. Wayfinding Financial LLC bought a new stake in shares of ACI Worldwide during the first quarter worth $39,000. Cheviot Value Management LLC bought a new stake in shares of ACI Worldwide during the first quarter worth $44,000. Finally, Versant Capital Management Inc increased its position in shares of ACI Worldwide by 121.3% during the first quarter. Versant Capital Management Inc now owns 885 shares of the technology company's stock worth $48,000 after acquiring an additional 485 shares in the last quarter. Institutional investors own 94.74% of the company's stock.

ACI Worldwide Stock Performance

ACIW stock traded up $1.71 during trading hours on Friday, reaching $49.58. The stock had a trading volume of 241,347 shares, compared to its average volume of 748,886. The stock has a market capitalization of $5.12 billion, a PE ratio of 20.93 and a beta of 1.07. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.48 and a quick ratio of 1.48. The stock has a 50-day simple moving average of $45.04 and a 200 day simple moving average of $49.13. ACI Worldwide, Inc. has a fifty-two week low of $40.45 and a fifty-two week high of $59.71.

ACI Worldwide (NASDAQ:ACIW - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The technology company reported $0.35 EPS for the quarter, beating analysts' consensus estimates of $0.27 by $0.08. The firm had revenue of $401.26 million during the quarter, compared to analysts' expectations 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% compared to the same quarter last year. During the same quarter last year, the company posted $0.47 earnings per share. ACI Worldwide has set its Q3 2025 guidance at EPS. Analysts predict that ACI Worldwide, Inc. will post 2 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Jefferies Financial Group lowered their price objective on shares of ACI Worldwide from $68.00 to $60.00 and set a "buy" rating for the company in a research report on Tuesday, May 27th. DA Davidson upgraded shares of ACI Worldwide from a "neutral" rating to a "buy" rating and set a $60.00 target price for the company in a report on Monday, May 12th. Wall Street Zen cut shares of ACI Worldwide from a "strong-buy" rating to a "hold" rating in a report on Saturday, August 9th. Finally, Stephens upgraded 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 report on Thursday, July 17th. Three analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of $60.00.

Insiders Place Their Bets

In other news, Director Janet O. Estep sold 4,500 shares of the firm'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 sale, the director owned 77,631 shares in the company, valued at approximately $3,467,000.46. This trade represents a 5.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Mary P. Harman sold 7,194 shares of the firm's stock in a transaction dated Tuesday, June 10th. The stock was sold at an average price of $47.48, for a total transaction of $341,571.12. Following the sale, the director owned 34,388 shares of the company's stock, valued at approximately $1,632,742.24. This represents a 17.30% decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.10% of the company's stock.

About ACI Worldwide

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.