Dimensional Fund Advisors LP Decreases Stake in ACI Worldwide, Inc. $ACIW

Key Points

• Dimensional Fund Advisors LP has reduced its stake in ACI Worldwide, Inc. by 11.1% during the first quarter, now holding approximately $165.96 million worth of shares.
• ACI Worldwide reported earnings of $0.35 per share, exceeding expectations, and revenue of $401.26 million, up 7.4% year-over-year.
• Institutional investors own 94.74% of ACI Worldwide's stock, indicative of strong confidence in the company within the investment community.

Dimensional Fund Advisors LP cut its stake in shares of ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 11.1% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,033,546 shares of the technology company's stock after selling 379,844 shares during the quarter. Dimensional Fund Advisors LP owned approximately 2.88% of ACI Worldwide worth $165,958,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of ACIW. Nuveen LLC purchased a new position in shares of ACI Worldwide during the first quarter worth approximately $25,267,000. Ameriprise Financial Inc. boosted its stake 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 valued at $35,027,000 after purchasing an additional 415,612 shares in the last quarter. Bank of America Corp DE boosted 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 valued at $29,243,000 after purchasing an additional 410,142 shares in the last quarter. North Reef Capital Management LP boosted its stake 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 valued at $111,139,000 after purchasing an additional 331,000 shares in the last quarter. Finally, Voya Investment Management LLC boosted its stake 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 valued at $37,377,000 after purchasing an additional 197,783 shares in the last quarter. 94.74% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

ACIW has been the topic of a number of recent research reports. 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. 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 note on Tuesday, May 27th. Zacks Research downgraded shares of ACI Worldwide from a "strong-buy" rating to a "hold" rating in a research note on Thursday. DA Davidson upgraded shares of ACI Worldwide from a "neutral" rating to a "buy" rating and set a $60.00 price objective on the stock in a research note on Monday, May 12th. Finally, Stephens upgraded shares of ACI Worldwide from an "equal weight" rating to an "overweight" rating and set a $60.00 target price for the company in a research note on Thursday, July 17th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, ACI Worldwide presently has a consensus rating of "Moderate Buy" and a consensus target price of $60.00.

Insiders Place Their Bets

In other ACI Worldwide news, Director Janet O. Estep sold 4,500 shares of the firm's stock in a transaction on Wednesday, June 18th. The shares were sold at an average price of $44.66, for a total value of $200,970.00. Following the completion of the transaction, the director owned 77,631 shares of the company's stock, valued at approximately $3,467,000.46. This trade represents a 5.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Mary P. Harman sold 7,194 shares of the firm's stock in a transaction on Tuesday, June 10th. The stock was 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 of the company's stock, valued at approximately $1,632,742.24. This represents a 17.30% decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.10% of the company's stock.

ACI Worldwide Stock Up 3.0%

ACIW traded up $1.44 during trading on Friday, hitting $49.31. The stock had a trading volume of 773,956 shares, compared to its average volume of 958,939. The company has a market capitalization of $5.09 billion, a PE ratio of 20.81 and a beta of 1.07. ACI Worldwide, Inc. has a twelve month low of $40.45 and a twelve month high of $59.71. 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 has a 50 day simple moving average of $45.13 and a two-hundred day simple moving average of $49.10.

ACI Worldwide (NASDAQ:ACIW - Get Free Report) last announced its earnings results on Thursday, August 7th. The technology company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.08. The company had revenue of $401.26 million during the quarter, compared to the consensus estimate of $380.45 million. ACI Worldwide had a net margin of 14.76% and a return on equity of 19.09%. ACI Worldwide's revenue was up 7.4% compared to the same quarter last year. During the same period last year, the firm earned $0.47 earnings per share. ACI Worldwide has set its Q3 2025 guidance at EPS. On average, research analysts predict that ACI Worldwide, Inc. will post 2 earnings per share for the current 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.