Alliancebernstein L.P. Buys 126,169 Shares of ACI Worldwide, Inc. $ACIW

Key Points

• Alliancebernstein L.P. increased its stake in ACI Worldwide, Inc. by 7.0%, acquiring an additional 126,169 shares, bringing its total holdings to 1,917,346 shares valued at approximately $104.9 million.
• ACI Worldwide reported a quarterly earnings per share (EPS) of $0.35, surpassing analysts' expectations of $0.27 and showing a 7.4% increase in revenue year-over-year.
• Brokerages have mixed feelings about ACI Worldwide, with upgrades to "buy" ratings from DA Davidson and Stephens, while Zacks Research downgraded the stock to a "hold," indicating divided opinions among analysts.

Alliancebernstein L.P. raised its holdings in ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 7.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,917,346 shares of the technology company's stock after acquiring an additional 126,169 shares during the period. Alliancebernstein L.P. owned about 1.82% of ACI Worldwide worth $104,898,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Ameriprise Financial Inc. lifted its stake in ACI Worldwide by 132.9% in the 1st quarter. Ameriprise Financial Inc. now owns 1,571,363 shares of the technology company's stock valued at $85,986,000 after purchasing an additional 896,564 shares during the last quarter. Nuveen LLC bought a new stake in shares of ACI Worldwide during the first quarter worth $25,267,000. Bank of America Corp DE increased its holdings in shares of ACI Worldwide by 267.7% during the fourth quarter. Bank of America Corp DE now owns 563,335 shares of the technology company's stock worth $29,243,000 after buying an additional 410,142 shares in the last quarter. MetLife Investment Management LLC lifted its stake in shares of ACI Worldwide by 437.1% in the 1st quarter. MetLife Investment Management LLC now owns 340,359 shares of the technology company's stock valued at $18,621,000 after acquiring an additional 276,985 shares during the last quarter. Finally, American Century Companies Inc. boosted its holdings in shares of ACI Worldwide by 24.5% during the 1st quarter. American Century Companies Inc. now owns 1,251,707 shares of the technology company's stock valued at $68,481,000 after acquiring an additional 246,228 shares in the last quarter. Institutional investors and hedge funds own 94.74% of the company's stock.

ACI Worldwide Trading Up 1.1%

ACIW stock traded up $0.54 during midday trading on Thursday, hitting $50.63. The stock had a trading volume of 915,070 shares, compared to its average volume of 833,705. 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 business has a fifty day moving average price of $46.30 and a two-hundred day moving average price of $48.83. ACI Worldwide, Inc. has a 1-year low of $40.45 and a 1-year high of $59.71. The firm has a market cap of $5.22 billion, a P/E ratio of 21.36 and a beta of 1.07.

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

Wall Street Analyst Weigh In

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

Insider Activity at ACI Worldwide

In other news, Director Janet O. Estep sold 4,500 shares of ACI Worldwide stock in a transaction on Wednesday, June 18th. The shares were sold at an average price of $44.66, for a total value of $200,970.00. Following the completion of the sale, 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 SEC, which is available through this link. 1.10% of the stock is currently owned by company insiders.

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.