Caitlin John LLC Purchases New Position in ACI Worldwide, Inc. $ACIW

Key Points

• Caitlin John LLC acquired a new position in ACI Worldwide, purchasing 25,161 shares valued at approximately $1.15 million in the 2nd quarter.
• Multiple institutional investors, including Invesco Ltd. and Ameriprise Financial Inc., have increased their stakes in ACI Worldwide, indicating strong institutional interest.
• ACI Worldwide reported $0.35 earnings per share for the last quarter, exceeding analysts' expectations and reflecting a 7.4% year-over-year revenue increase.

Caitlin John LLC purchased a new stake in shares of ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 25,161 shares of the technology company's stock, valued at approximately $1,155,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Invesco Ltd. boosted its stake in shares of ACI Worldwide by 0.7% during the 1st quarter. Invesco Ltd. now owns 2,027,606 shares of the technology company's stock worth $110,930,000 after acquiring an additional 14,278 shares during the last quarter. Alliancebernstein L.P. boosted its stake in shares of ACI Worldwide by 7.0% during the 1st quarter. Alliancebernstein L.P. now owns 1,917,346 shares of the technology company's stock worth $104,898,000 after acquiring an additional 126,169 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of ACI Worldwide by 132.9% during the 1st quarter. Ameriprise Financial Inc. now owns 1,571,363 shares of the technology company's stock worth $85,986,000 after acquiring an additional 896,564 shares during the last quarter. American Century Companies Inc. boosted its stake 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 worth $68,481,000 after acquiring an additional 246,228 shares during the last quarter. Finally, Congress Asset Management Co. boosted its stake in shares of ACI Worldwide by 9.5% during the 1st quarter. Congress Asset Management Co. now owns 1,180,839 shares of the technology company's stock worth $64,604,000 after acquiring an additional 102,087 shares during the last quarter. Hedge funds and other institutional investors own 94.74% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on ACIW. 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 note on Tuesday, May 27th. Wall Street Zen cut shares of ACI Worldwide from a "strong-buy" rating to a "hold" rating in a research note on Saturday, August 9th. Stephens upgraded shares of ACI Worldwide from an "equal weight" rating to an "overweight" rating and set a $60.00 target price on the stock in a research note on Thursday, July 17th. Finally, Zacks Research cut shares of ACI Worldwide from a "strong-buy" rating to a "hold" rating in a research note on Thursday, August 21st. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, ACI Worldwide presently has an average rating of "Moderate Buy" and a consensus price target of $60.00.

ACI Worldwide Trading Down 0.5%

NASDAQ:ACIW opened at $50.89 on Monday. ACI Worldwide, Inc. has a 52 week low of $40.45 and a 52 week high of $59.71. The firm has a 50 day moving average of $46.88 and a 200 day moving average of $48.62. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.62. The stock has a market capitalization of $5.25 billion, a price-to-earnings ratio of 21.47 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, topping the consensus estimate of $0.27 by $0.08. ACI Worldwide had a net margin of 14.76% and a return on equity of 19.09%. The firm had revenue of $401.26 million during the quarter, compared to analysts' expectations of $380.45 million. During the same quarter last year, the company posted $0.47 earnings per share. The firm's revenue was up 7.4% compared to the same quarter last year. ACI Worldwide has set its Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate that ACI Worldwide, Inc. will post 2 earnings per share for the current fiscal year.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.