ACI Worldwide, Inc. $ACIW Stock Position Decreased by Harbor Capital Advisors Inc.

Key Points

• Harbor Capital Advisors Inc. reduced its stake in ACI Worldwide, Inc. by 19.9% in Q2, now owning 115,429 shares valued at approximately $5.3 million.
• A number of institutional investors are significantly increasing their holdings in ACI Worldwide, with Mirae Asset Global Investments growing its stake by over 4,756% in the first quarter.
• ACI Worldwide recently reported a quarterly earnings per share (EPS) of $0.35, exceeding analysts' expectations and marking a 7.4% revenue increase year-over-year.

Harbor Capital Advisors Inc. cut its holdings in ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 19.9% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 115,429 shares of the technology company's stock after selling 28,693 shares during the period. Harbor Capital Advisors Inc. owned approximately 0.11% of ACI Worldwide worth $5,299,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in the business. Opal Wealth Advisors LLC bought a new stake in shares of ACI Worldwide in the 1st quarter worth $25,000. N.E.W. Advisory Services LLC bought a new position in ACI Worldwide in the first quarter worth $25,000. Wayfinding Financial LLC bought a new position in ACI Worldwide in the first quarter worth $39,000. Cheviot Value Management LLC purchased a new stake in shares of ACI Worldwide in the first quarter worth $44,000. Finally, Versant Capital Management Inc boosted its position in shares of ACI Worldwide by 121.3% during the first quarter. Versant Capital Management Inc now owns 885 shares of the technology company's stock valued at $48,000 after buying an additional 485 shares during the last quarter. Institutional investors own 94.74% of the company's stock.

ACI Worldwide Stock Down 0.5%

ACIW stock traded down $0.24 during midday trading on Friday, hitting $50.89. The stock had a trading volume of 2,918,499 shares, compared to its average volume of 851,928. The business has a 50-day moving average of $46.88 and a two-hundred day moving average of $48.65. ACI Worldwide, Inc. has a 52-week low of $40.45 and a 52-week high of $59.71. 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 firm has a market cap of $5.25 billion, a price-to-earnings ratio of 21.47 and a beta of 1.07.

ACI Worldwide (NASDAQ:ACIW - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The technology company reported $0.35 earnings per share for the quarter, beating analysts' consensus estimates of $0.27 by $0.08. The firm had revenue of $401.26 million for the quarter, compared to analysts' expectations of $380.45 million. ACI Worldwide had a return on equity of 19.09% and a net margin of 14.76%.The business's quarterly revenue was up 7.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.47 EPS. ACI Worldwide has set its Q3 2025 guidance at EPS. As a group, equities research analysts forecast that ACI Worldwide, Inc. will post 2 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on ACIW. 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 research report on Thursday, July 17th. 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. Jefferies Financial Group reduced their price target on shares of ACI Worldwide from $68.00 to $60.00 and set a "buy" rating for the company in a research report on Tuesday, May 27th. Finally, Zacks Research downgraded shares of ACI Worldwide from a "strong-buy" rating to a "hold" rating in a research note on Thursday, August 21st. Three research 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.com, ACI Worldwide has an average rating of "Moderate Buy" and a consensus target price of $60.00.

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.