Ameriprise Financial Inc. Increases Stock Holdings in ACI Worldwide, Inc. $ACIW

Key Points

• Ameriprise Financial Inc. increased its holdings in ACI Worldwide, Inc. by 132.9% during the first quarter, now owning approximately 1.57 million shares valued at $85.99 million.
• Other institutional investors also expanded their stakes in ACI Worldwide, with significant increases from Bank of America Corp DE by 267.7% and GAMMA Investing LLC by 6,709.6% in the same quarter.
• ACI Worldwide reported earnings of $0.35 per share for the last quarter, exceeding estimates, with revenues reaching $401.26 million—a 7.4% year-over-year increase.

Ameriprise Financial Inc. lifted its stake in ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 132.9% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,571,363 shares of the technology company's stock after purchasing an additional 896,564 shares during the quarter. Ameriprise Financial Inc. owned about 1.49% of ACI Worldwide worth $85,986,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. raised its position in shares of ACI Worldwide by 4,756.7% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,601 shares of the technology company's stock valued at $1,018,000 after purchasing an additional 18,218 shares during the last quarter. Principal Financial Group Inc. increased its holdings in ACI Worldwide by 2.3% in the 1st quarter. Principal Financial Group Inc. now owns 558,040 shares of the technology company's stock worth $30,530,000 after buying an additional 12,534 shares during the period. GAMMA Investing LLC increased its holdings in ACI Worldwide by 24.5% in the 1st quarter. GAMMA Investing LLC now owns 3,266 shares of the technology company's stock worth $179,000 after buying an additional 642 shares during the period. Bank of America Corp DE increased its holdings in ACI Worldwide by 267.7% in the 4th 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 during the period. Finally, Harbor Capital Advisors Inc. increased its holdings in ACI Worldwide by 5.9% in the 1st quarter. Harbor Capital Advisors Inc. now owns 144,122 shares of the technology company's stock worth $7,885,000 after buying an additional 8,023 shares during the period. 94.74% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Janet O. Estep sold 4,500 shares of the stock in a transaction that occurred 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 transaction, the director owned 77,631 shares in the company, valued at $3,467,000.46. This trade represents a 5.48% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Mary P. Harman sold 7,194 shares of the stock in a transaction that occurred on Tuesday, June 10th. The shares were sold at an average price of $47.48, for a total value of $341,571.12. Following the transaction, the director owned 34,388 shares in the company, valued at $1,632,742.24. This trade 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.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on ACIW shares. Jefferies Financial Group cut their price target on shares of ACI Worldwide from $68.00 to $60.00 and set a "buy" rating on the stock in a report on Tuesday, May 27th. Wall Street Zen downgraded shares of ACI Worldwide from a "strong-buy" rating to a "hold" rating in a report on Saturday, August 9th. Zacks Research downgraded shares of ACI Worldwide from a "strong-buy" rating to a "hold" rating in a report on Thursday, August 21st. 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 report on Thursday, July 17th. Finally, DA Davidson upgraded shares of 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. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $60.00.

ACI Worldwide Stock Performance

ACI Worldwide stock traded up $0.71 during mid-day trading on Thursday, hitting $49.20. The company had a trading volume of 849,854 shares, compared to its average volume of 959,683. 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 12-month low of $40.45 and a 12-month high of $59.71. The company's fifty day moving average is $45.42 and its 200-day moving average is $48.96. The company has a market capitalization of $5.08 billion, a price-to-earnings ratio of 20.76 and a beta of 1.07.

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

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.