ACI Worldwide, Inc. (NASDAQ:ACIW) Shares Acquired by Deutsche Bank AG

Deutsche Bank AG grew its holdings in shares of ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 129.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 148,305 shares of the technology company's stock after buying an additional 83,596 shares during the quarter. Deutsche Bank AG owned 0.14% of ACI Worldwide worth $7,699,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in ACIW. Norges Bank bought a new stake in ACI Worldwide during the fourth quarter worth approximately $75,868,000. Congress Asset Management Co. purchased a new position in shares of ACI Worldwide in the 4th quarter worth approximately $55,998,000. American Century Companies Inc. increased its position in shares of ACI Worldwide by 206.2% during the 4th quarter. American Century Companies Inc. now owns 1,005,479 shares of the technology company's stock valued at $52,194,000 after purchasing an additional 677,143 shares during the last quarter. Geode Capital Management LLC increased its position in shares of ACI Worldwide by 18.4% during the 4th quarter. Geode Capital Management LLC now owns 2,962,449 shares of the technology company's stock valued at $154,095,000 after purchasing an additional 459,821 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in ACI Worldwide by 160.4% during the 4th quarter. Ameriprise Financial Inc. now owns 674,799 shares of the technology company's stock valued at $35,027,000 after buying an additional 415,612 shares during the period. Institutional investors own 94.74% of the company's stock.

Insider Activity

In other ACI Worldwide news, CEO Thomas W. Warsop III acquired 5,000 shares of the firm's stock in a transaction dated Monday, May 12th. The stock was purchased at an average price of $48.57 per share, for a total transaction of $242,850.00. Following the acquisition, the chief executive officer now owns 326,922 shares in the company, valued at approximately $15,878,601.54. This trade represents a 1.55% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Charles E. Peters, Jr. sold 12,940 shares of the firm's stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $57.57, for a total value of $744,955.80. Following the completion of the sale, the director now directly owns 80,842 shares of the company's stock, valued at $4,654,073.94. The trade was a 13.80% decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.00% of the company's stock.

Analyst Ratings Changes

Several research firms have recently issued reports on ACIW. Wall Street Zen upgraded shares of ACI Worldwide from a "buy" rating to a "strong-buy" rating in a report on Thursday. DA Davidson upgraded 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. Two research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $60.00.

ACI Worldwide Stock Up 0.2%

NASDAQ ACIW traded up $0.11 during midday trading on Friday, hitting $46.58. 197,099 shares of the company traded hands, compared to its average volume of 732,871. The company has a market cap of $4.89 billion, a PE ratio of 22.07 and a beta of 1.14. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.56 and a quick ratio of 1.56. ACI Worldwide, Inc. has a 52 week low of $33.32 and a 52 week high of $59.71. The company's 50-day simple moving average is $51.79 and its 200-day simple moving average is $53.05.

ACI Worldwide (NASDAQ:ACIW - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The technology company reported $0.51 earnings per share for the quarter, beating analysts' consensus estimates of $0.33 by $0.18. The company had revenue of $394.57 million for the quarter, compared to the consensus estimate of $364.36 million. ACI Worldwide had a return on equity of 21.67% and a net margin of 14.04%. The firm's revenue for the quarter was up 24.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.10 earnings per share. As a group, equities research analysts forecast that ACI Worldwide, Inc. will post 2 earnings per share 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.