AlphaQuest LLC Increases Position in 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 lifted its holdings in ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 162.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 21,668 shares of the technology company's stock after acquiring an additional 13,422 shares during the quarter. AlphaQuest LLC's holdings in ACI Worldwide were worth $1,185,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ACIW. Opal Wealth Advisors LLC purchased a new position in shares of ACI Worldwide in the 1st quarter valued at about $25,000. N.E.W. Advisory Services LLC acquired a new position in ACI Worldwide in the 1st quarter worth about $25,000. Wayfinding Financial LLC acquired a new stake in shares of ACI Worldwide in the first quarter valued at about $39,000. Cheviot Value Management LLC acquired a new stake in shares of ACI Worldwide in the first quarter valued at about $44,000. Finally, Versant Capital Management Inc grew its position in shares of ACI Worldwide by 121.3% in the first quarter. Versant Capital Management Inc now owns 885 shares of the technology company's stock valued at $48,000 after purchasing an additional 485 shares during the period. Institutional investors and hedge funds own 94.74% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports 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. Jefferies Financial Group dropped 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. Zacks Research lowered shares of ACI Worldwide from a "strong-buy" rating to a "hold" rating in a research report on Thursday, August 21st. Wall Street Zen lowered shares of ACI Worldwide from a "strong-buy" rating to a "hold" rating in a research report on Saturday, August 9th. Finally, Stephens raised 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 note on Thursday, July 17th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, ACI Worldwide has an average rating of "Moderate Buy" and a consensus price target of $60.00.

ACI Worldwide Stock Down 0.2%

Shares of ACI Worldwide stock traded down $0.11 during trading hours on Friday, hitting $49.09. The company had a trading volume of 210,236 shares, compared to its average volume of 753,726. The company's 50-day moving average is $45.42 and its two-hundred day moving average is $48.96. 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 current ratio of 1.48 and a quick ratio of 1.48. The company has a market cap of $5.07 billion, a P/E ratio of 20.70 and a beta of 1.07.

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 (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.08. The business 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% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.47 EPS. ACI Worldwide has set its Q3 2025 guidance at EPS. Analysts anticipate that ACI Worldwide, Inc. will post 2 earnings per share for the current fiscal year.

Insiders Place Their Bets

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

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.