ACI Worldwide, Inc. $ACIW Shares Purchased by Citigroup Inc.

Key Points

• Citigroup Inc. increased its stake in ACI Worldwide, acquiring an additional 19,624 shares, bringing its total ownership to 189,293 shares, valued at approximately $10.36 million.
• Several institutional investors have also raised their holdings in ACI Worldwide, with over 94% of the stock now owned by institutional investors.
• The company reported a Q2 EPS of $0.35, exceeding analysts' expectations, with revenue of $401.26 million, a 7.4% increase compared to the previous year.

Citigroup Inc. lifted its stake in shares of ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 11.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 189,293 shares of the technology company's stock after acquiring an additional 19,624 shares during the quarter. Citigroup Inc. owned 0.18% of ACI Worldwide worth $10,356,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of ACIW. Ameriprise Financial Inc. increased its position in shares of ACI Worldwide by 160.4% during the fourth quarter. Ameriprise Financial Inc. now owns 674,799 shares of the technology company's stock worth $35,027,000 after acquiring an additional 415,612 shares during the period. Bank of America Corp DE increased its position 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 period. North Reef Capital Management LP increased its position in shares of ACI Worldwide by 18.3% during the fourth quarter. North Reef Capital Management LP now owns 2,141,000 shares of the technology company's stock worth $111,139,000 after acquiring an additional 331,000 shares during the period. Voya Investment Management LLC increased its position in shares of ACI Worldwide by 37.9% during the fourth quarter. Voya Investment Management LLC now owns 720,028 shares of the technology company's stock worth $37,377,000 after acquiring an additional 197,783 shares during the period. Finally, GAMMA Investing LLC increased its position in shares of ACI Worldwide by 6,709.6% during the first quarter. GAMMA Investing LLC now owns 178,683 shares of the technology company's stock worth $9,776,000 after acquiring an additional 176,059 shares during the period. Hedge funds and other institutional investors own 94.74% of the company's stock.

ACI Worldwide Stock Performance

Shares of ACIW stock traded up $0.78 during mid-day trading on Thursday, hitting $47.87. The stock had a trading volume of 1,054,660 shares, compared to its average volume of 937,037. ACI Worldwide, Inc. has a fifty-two week low of $40.45 and a fifty-two week high of $59.71. The firm has a market cap of $4.94 billion, a PE ratio of 20.20 and a beta of 1.07. 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's 50-day simple moving average is $45.04 and its 200-day simple moving average is $49.13.

ACI Worldwide (NASDAQ:ACIW - Get Free Report) last released its earnings results 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 net margin of 14.76% and a return on equity of 19.09%. The company had revenue of $401.26 million during the quarter, compared to analysts' expectations of $380.45 million. During the same quarter last year, the business earned $0.47 EPS. The business's revenue was up 7.4% on a year-over-year basis. ACI Worldwide has set its Q3 2025 guidance at EPS. Sell-side analysts anticipate that ACI Worldwide, Inc. will post 2 earnings per share for the current year.

Insider Transactions at ACI Worldwide

In other ACI Worldwide news, Director Mary P. Harman sold 7,194 shares of the firm's 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 transaction, the director directly owned 34,388 shares in the company, valued at approximately $1,632,742.24. This trade represents a 17.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Janet O. Estep sold 4,500 shares of the firm's stock in a transaction dated 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 directly 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 disclosure for this sale can be found here. Company insiders own 1.10% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. Stephens raised ACI Worldwide from an "equal weight" rating to an "overweight" rating and set a $60.00 price objective on the stock in a research report on Thursday, July 17th. 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. Jefferies Financial Group dropped their price objective 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. Finally, DA Davidson upgraded shares of ACI Worldwide from a "neutral" rating to a "buy" rating and set a $60.00 target price for the company in a report on Monday, May 12th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of "Buy" and a consensus price target of $60.00.

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.