Dimensional Fund Advisors LP Sells 379,844 Shares of 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 reduced its position in ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 11.1% during the first quarter, according to its most recent 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 period. Dimensional Fund Advisors LP owned 2.88% of ACI Worldwide worth $165,958,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Raymond James Financial Inc. bought a new position in shares of ACI Worldwide in the fourth quarter worth $5,292,000. Mariner LLC grew its stake in shares of ACI Worldwide by 5.9% during the fourth quarter. Mariner LLC now owns 13,415 shares of the technology company's stock valued at $696,000 after buying an additional 743 shares during the last quarter. First Trust Advisors LP grew its position in ACI Worldwide by 47.0% during the 4th quarter. First Trust Advisors LP now owns 160,182 shares of the technology company's stock worth $8,315,000 after acquiring an additional 51,216 shares during the last quarter. MetLife Investment Management LLC raised its holdings in ACI Worldwide by 6.0% during the 4th quarter. MetLife Investment Management LLC now owns 63,374 shares of the technology company's stock valued at $3,290,000 after buying an additional 3,598 shares during the last quarter. Finally, Stifel Financial Corp raised its stake in shares of ACI Worldwide by 63.8% during the fourth quarter. Stifel Financial Corp now owns 58,953 shares of the technology company's stock valued at $3,060,000 after acquiring an additional 22,954 shares during the last quarter. 94.74% of the stock is owned by institutional investors.

ACI Worldwide Price Performance

ACIW traded down $0.55 during trading hours on Monday, hitting $48.76. The company's stock had a trading volume of 682,678 shares, compared to its average volume of 953,318. The business's 50-day moving average price is $45.19 and its 200-day moving average price is $49.00. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 0.62. The stock has a market cap of $5.03 billion, a price-to-earnings ratio of 20.57 and a beta of 1.07. ACI Worldwide, Inc. has a 12 month low of $40.45 and a 12 month high of $59.71.

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

Insider Activity

In related news, Director Janet O. Estep sold 4,500 shares of the business's stock in a transaction on Wednesday, June 18th. The stock was 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 $3,467,000.46. The trade was a 5.48% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Mary P. Harman sold 7,194 shares of the company's stock in a transaction dated 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 owned 34,388 shares in the company, valued at approximately $1,632,742.24. The trade was a 17.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.10% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on ACIW. DA Davidson raised shares of ACI Worldwide from a "neutral" rating to a "buy" rating and set a $60.00 target price on the stock in a research note on Monday, May 12th. Wall Street Zen lowered shares of ACI Worldwide from a "strong-buy" rating to a "hold" rating in a research note on Saturday, August 9th. Stephens upgraded ACI Worldwide from an "equal weight" rating to an "overweight" rating and set a $60.00 price target for the company in a research note on Thursday, July 17th. Jefferies Financial Group decreased their price objective on shares of ACI Worldwide from $68.00 to $60.00 and set a "buy" rating for the company in a report on Tuesday, May 27th. Finally, Zacks Research downgraded ACI Worldwide from a "strong-buy" rating to a "hold" rating in a report on Thursday. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate 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.