AlphaQuest LLC Purchases 13,422 Shares of ACI Worldwide, Inc. $ACIW

Key Points

• AlphaQuest LLC increased its stake in ACI Worldwide by 162.8%, acquiring 13,422 shares and bringing its total holdings to 21,668 shares valued at $1,185,000.
• ACI Worldwide reported a quarterly earnings surpassing analysts' expectations with an EPS of $0.35, compared to the consensus estimate of $0.27, and a revenue of $401.26 million.
• The company's stock currently holds an average price target of $60.00 with a consensus rating of "Moderate Buy" among analysts following recent adjustments.

AlphaQuest LLC increased its stake in shares of ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 162.8% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 21,668 shares of the technology company's stock after purchasing an additional 13,422 shares during the period. AlphaQuest LLC's holdings in ACI Worldwide were worth $1,185,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in ACIW. Raymond James Financial Inc. purchased a new stake in ACI Worldwide during the 4th quarter worth about $5,292,000. Mariner LLC lifted its holdings in ACI Worldwide by 5.9% during the 4th quarter. Mariner LLC now owns 13,415 shares of the technology company's stock worth $696,000 after purchasing an additional 743 shares in the last quarter. First Trust Advisors LP lifted its holdings in ACI Worldwide by 47.0% during the 4th quarter. First Trust Advisors LP now owns 160,182 shares of the technology company's stock worth $8,315,000 after purchasing an additional 51,216 shares in the last quarter. MetLife Investment Management LLC lifted its holdings in ACI Worldwide by 6.0% during the 4th quarter. MetLife Investment Management LLC now owns 63,374 shares of the technology company's stock worth $3,290,000 after purchasing an additional 3,598 shares in the last quarter. Finally, Stifel Financial Corp lifted its holdings in ACI Worldwide by 63.8% during the 4th quarter. Stifel Financial Corp now owns 58,953 shares of the technology company's stock worth $3,060,000 after purchasing an additional 22,954 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 opened at $49.31 on Friday. The stock has a market cap of $5.09 billion, a price-to-earnings ratio of 20.81 and a beta of 1.07. 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. The stock's 50-day moving average is $45.13 and its 200 day moving average is $49.06.

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

Insider Transactions at ACI Worldwide

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

Analysts Set New Price Targets

A number of brokerages recently issued reports on ACIW. Wall Street Zen cut 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 ACI Worldwide from $68.00 to $60.00 and set a "buy" rating on the stock in a report on Tuesday, May 27th. DA Davidson raised ACI Worldwide from a "neutral" rating to a "buy" rating and set a $60.00 price target on the stock in a report on Monday, May 12th. Stephens raised ACI Worldwide from an "equal weight" rating to an "overweight" rating and set a $60.00 price target on the stock in a report on Thursday, July 17th. Finally, Zacks Research cut ACI Worldwide from a "strong-buy" rating to a "hold" rating in a report on Thursday. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $60.00.

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.

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