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Candriam S.C.A. Acquires Shares of 38,330 ACI Worldwide, Inc. $ACIW

ACI Worldwide logo with Computer and Technology background

Key Points

  • Candriam S.C.A. has made a new investment in ACI Worldwide, purchasing approximately $2.10 million worth of shares in the first quarter.
  • Institutional investors collectively own 94.74% of ACI Worldwide's stock, with several firms significantly increasing their stakes recently.
  • ACI Worldwide reported earnings of $0.35 EPS for the last quarter, beating analyst expectations and marking a 7.4% increase in revenue year-over-year.
  • Want stock alerts on ACI Worldwide? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Candriam S.C.A. bought a new stake in ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 38,330 shares of the technology company's stock, valued at approximately $2,097,000.

Other large investors have also recently bought and sold shares of the company. Hohimer Wealth Management LLC lifted its holdings in ACI Worldwide by 4.1% in the first quarter. Hohimer Wealth Management LLC now owns 4,962 shares of the technology company's stock valued at $271,000 after buying an additional 197 shares during the period. HighTower Advisors LLC raised its position in shares of ACI Worldwide by 1.4% during the first quarter. HighTower Advisors LLC now owns 15,744 shares of the technology company's stock worth $861,000 after purchasing an additional 212 shares during the period. Snowden Capital Advisors LLC lifted its holdings in shares of ACI Worldwide by 3.2% during the 4th quarter. Snowden Capital Advisors LLC now owns 8,048 shares of the technology company's stock valued at $418,000 after purchasing an additional 246 shares in the last quarter. Cetera Investment Advisers grew its position in shares of ACI Worldwide by 6.7% in the 1st quarter. Cetera Investment Advisers now owns 6,531 shares of the technology company's stock valued at $357,000 after purchasing an additional 408 shares during the period. Finally, Burns Matteson Capital Management LLC raised its holdings in ACI Worldwide by 6.1% during the 1st quarter. Burns Matteson Capital Management LLC now owns 7,486 shares of the technology company's stock worth $410,000 after buying an additional 433 shares during the period. Institutional investors and hedge funds own 94.74% of the company's stock.

Insider Buying and Selling

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

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Wall Street Zen downgraded shares of ACI Worldwide from a "strong-buy" rating to a "hold" rating in a research report on Saturday, August 9th. Stephens upgraded ACI Worldwide from an "equal weight" rating to an "overweight" rating and set a $60.00 target price for the company in a report on Thursday, July 17th. Zacks Research cut ACI Worldwide from a "strong-buy" rating to a "hold" rating in a research report on Thursday, August 21st. Jefferies Financial Group cut their target price on ACI Worldwide from $68.00 to $60.00 and set a "buy" rating on the stock in a research note on Tuesday, May 27th. Finally, DA Davidson raised ACI Worldwide from a "neutral" rating to a "buy" rating and set a $60.00 price target for the company in a research report on Monday, May 12th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, ACI Worldwide presently has an average rating of "Moderate Buy" and a consensus target price of $60.00.

Check Out Our Latest Stock Report on ACI Worldwide

ACI Worldwide Stock Up 1.4%

ACIW traded up $0.70 during trading on Thursday, reaching $49.19. 402,701 shares of the stock were exchanged, compared to its average volume of 754,301. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.48 and a current ratio of 1.48. The stock's 50 day moving average price is $45.33 and its two-hundred day moving average price is $48.99. ACI Worldwide, Inc. has a twelve month low of $40.45 and a twelve month high of $59.71. The stock has a market cap of $5.08 billion, a P/E ratio of 20.67 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 earnings per share 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 company had revenue of $401.26 million for the quarter, compared to analyst estimates of $380.45 million. During the same period in the previous year, the business earned $0.47 EPS. ACI Worldwide's revenue for the quarter was up 7.4% compared to the same quarter last year. ACI Worldwide has set its Q3 2025 guidance at EPS. Equities analysts expect that ACI Worldwide, Inc. will post 2 EPS for the current year.

ACI Worldwide Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for ACI Worldwide (NASDAQ:ACIW)

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