Intech Investment Management LLC Acquires 17,767 Shares of ACI Worldwide, Inc. $ACIW

Key Points

• Intech Investment Management LLC increased its stake in ACI Worldwide, Inc. by 32.3%, acquiring an additional 17,767 shares, bringing its total ownership to 72,763 shares valued at approximately $3.98 million.
• ACI Worldwide reported a quarterly EPS of $0.35, surpassing analyst expectations by $0.08, along with a 7.4% year-over-year revenue growth to $401.26 million.
• Analysts have mixed sentiments on ACI Worldwide, with Zacks Research and Wall Street Zen downgrading the stock from a "strong-buy" to a "hold" rating, while Jefferies Financial Group maintained a "buy" rating with a revised price target of $60.00.

Intech Investment Management LLC boosted its holdings in ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 32.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 72,763 shares of the technology company's stock after purchasing an additional 17,767 shares during the period. Intech Investment Management LLC owned about 0.07% of ACI Worldwide worth $3,981,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Opal Wealth Advisors LLC purchased a new position in ACI Worldwide in the first quarter worth $25,000. N.E.W. Advisory Services LLC purchased a new position in ACI Worldwide in the first quarter worth $25,000. Wayfinding Financial LLC purchased a new position in ACI Worldwide in the first quarter worth $39,000. Cheviot Value Management LLC purchased a new position in ACI Worldwide in the first quarter worth $44,000. Finally, Versant Capital Management Inc boosted its position in ACI Worldwide by 121.3% in the first quarter. Versant Capital Management Inc now owns 885 shares of the technology company's stock worth $48,000 after purchasing an additional 485 shares during the last quarter. Hedge funds and other institutional investors own 94.74% of the company's stock.

Analyst Upgrades and Downgrades

ACIW has been the topic of a number of recent research reports. Stephens raised ACI Worldwide from an "equal weight" rating to an "overweight" rating and set a $60.00 price target on the stock in a research report on Thursday, July 17th. Zacks Research cut ACI Worldwide from a "strong-buy" rating to a "hold" rating in a research report on Thursday, August 21st. Wall Street Zen cut ACI Worldwide from a "strong-buy" rating to a "hold" rating in a research report on Saturday, August 9th. Finally, Jefferies Financial Group dropped their price target on ACI Worldwide from $68.00 to $60.00 and set a "buy" rating on the stock in a research report on Tuesday, May 27th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $60.00.

ACI Worldwide Stock Performance

Shares of NASDAQ:ACIW traded down $0.56 during midday trading on Monday, reaching $49.59. 677,157 shares of the company traded hands, compared to its average volume of 839,723. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.62. ACI Worldwide, Inc. has a 12 month low of $40.45 and a 12 month high of $59.71. The firm has a market capitalization of $5.12 billion, a price-to-earnings ratio of 20.92 and a beta of 1.07. The firm's fifty day moving average price is $46.46 and its two-hundred day moving average price is $48.72.

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

Insiders Place Their Bets

In other ACI Worldwide news, Director Janet O. Estep sold 4,500 shares of the company's stock in a transaction dated Wednesday, June 18th. The stock was sold at an average price of $44.66, for a total value of $200,970.00. Following the transaction, the director directly owned 77,631 shares in the company, valued at $3,467,000.46. This represents a 5.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.10% of the stock is owned by corporate insiders.

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.