Amundi Has $2.83 Million Stake in ACI Worldwide, Inc. $ACIW

Key Points

• Amundi has reduced its stake in ACI Worldwide by 16.4%, selling 10,344 shares and now holding approximately 0.05% of the company, valued at $2.83 million.
• Multiple large investors entered the market with new stakes in ACI Worldwide, contributing to over 94.74% of the company's stock being owned by hedge funds and institutional investors.
• Analysts provided mixed ratings for ACI Worldwide, with Zacks Research lowering their rating to "hold," while Stephens upgraded it to "overweight" with a price target set at $60.00.

Amundi trimmed its stake in ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 16.4% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,877 shares of the technology company's stock after selling 10,344 shares during the period. Amundi owned 0.05% of ACI Worldwide worth $2,827,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. grew its holdings in ACI Worldwide by 4,756.7% during 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. boosted its stake in ACI Worldwide by 2.3% in the first quarter. Principal Financial Group Inc. now owns 558,040 shares of the technology company's stock valued at $30,530,000 after acquiring an additional 12,534 shares in the last quarter. GAMMA Investing LLC grew its holdings in ACI Worldwide by 24.5% in the first quarter. GAMMA Investing LLC now owns 3,266 shares of the technology company's stock worth $179,000 after purchasing an additional 642 shares during the last quarter. Bank of America Corp DE grew its stake 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 acquiring an additional 410,142 shares during the last quarter. Finally, Harbor Capital Advisors Inc. raised its holdings in shares of ACI Worldwide by 5.9% in the first 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 last quarter. 94.74% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

Insiders Place Their Bets

In other news, 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 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. This represents a 5.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.10% of the company's stock.

ACI Worldwide Stock Down 1.1%

Shares of NASDAQ:ACIW traded down $0.53 during trading on Tuesday, hitting $49.07. The company's stock had a trading volume of 289,776 shares, compared to its average volume of 763,437. The stock's 50-day moving average price is $46.46 and its two-hundred day moving average price is $48.72. ACI Worldwide, Inc. has a fifty-two week low of $40.45 and a fifty-two week high of $59.71. The company has a market capitalization of $5.06 billion, a PE ratio of 20.72 and a beta of 1.07. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.48 and a current ratio of 1.48.

ACI Worldwide (NASDAQ:ACIW - Get Free Report) last posted its quarterly 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 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 business's revenue was up 7.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.47 EPS. ACI Worldwide has set its Q3 2025 guidance at EPS. As a group, sell-side analysts expect that ACI Worldwide, Inc. will post 2 EPS for the current year.

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.