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ACI Worldwide, Inc. $ACIW Shares Bought by Invesco Ltd.

ACI Worldwide logo with Computer and Technology background

Key Points

  • Invesco Ltd. increased its stake in ACI Worldwide by 0.7%, holding approximately $110.93 million or about 1.93% of the company's stock.
  • ACI Worldwide reported $0.35 earnings per share for the last quarter, surpassing analyst expectations of $0.27, with revenue of $401.26 million reflecting a 7.4% year-over-year increase.
  • Recent analyst upgrades for ACI Worldwide include a shift to "overweight" from "equal weight" by Stephens, with a target price set at $60.00.
  • MarketBeat previews the top five stocks to own by October 1st.

Invesco Ltd. increased its holdings in shares of ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 0.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,027,606 shares of the technology company's stock after buying an additional 14,278 shares during the quarter. Invesco Ltd. owned 1.93% of ACI Worldwide worth $110,930,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ACIW. Opal Wealth Advisors LLC purchased a new stake in ACI Worldwide during the 1st quarter valued at about $25,000. N.E.W. Advisory Services LLC purchased a new stake in ACI Worldwide during the 1st quarter valued at about $25,000. Wayfinding Financial LLC purchased a new stake in ACI Worldwide during the 1st quarter valued at about $39,000. Cheviot Value Management LLC purchased a new stake in ACI Worldwide during the 1st quarter valued at about $44,000. Finally, Versant Capital Management Inc grew its stake in ACI Worldwide by 121.3% during the 1st quarter. Versant Capital Management Inc now owns 885 shares of the technology company's stock valued at $48,000 after purchasing an additional 485 shares during the last quarter. 94.74% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have weighed in on the company. Stephens upgraded ACI Worldwide from an "equal weight" rating to an "overweight" rating and set a $60.00 price target on the stock in a research note on Thursday, July 17th. 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 note on Tuesday, May 27th. Wall Street Zen downgraded ACI Worldwide from a "strong-buy" rating to a "hold" rating in a research note on Saturday, August 9th. Finally, DA Davidson upgraded ACI Worldwide from a "neutral" rating to a "buy" rating and set a $60.00 price target on the stock in a research note on Monday, May 12th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus price target of $60.00.

Read Our Latest Stock Analysis on ACIW

Insider Transactions at ACI Worldwide

In related news, 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 value of $341,571.12. Following the completion of the transaction, the director 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, 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 completion of the transaction, the director directly owned 77,631 shares of the company's stock, valued at $3,467,000.46. The trade was a 5.48% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.10% of the company's stock.

ACI Worldwide Stock Performance

Shares of ACIW traded up $0.78 during mid-day trading on Thursday, reaching $47.87. The company had a trading volume of 1,054,660 shares, compared to its average volume of 937,037. ACI Worldwide, Inc. has a 52-week low of $40.45 and a 52-week high of $59.71. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.62. The stock has a market capitalization of $4.94 billion, a P/E ratio of 20.20 and a beta of 1.07. The stock has a 50 day moving average of $45.04 and a two-hundred day moving average of $49.13.

ACI Worldwide (NASDAQ:ACIW - Get Free Report) last issued its earnings results on Thursday, August 7th. The technology company reported $0.35 EPS for the quarter, topping 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 firm had revenue of $401.26 million for the quarter, compared to the consensus estimate of $380.45 million. During the same quarter in the prior year, the business earned $0.47 earnings per share. The company's revenue was up 7.4% compared to the same quarter last year. ACI Worldwide has set its Q3 2025 guidance at EPS. On average, analysts expect that ACI Worldwide, Inc. will post 2 earnings per share for the current year.

About ACI Worldwide

(Free Report)

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.

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Institutional Ownership by Quarter for ACI Worldwide (NASDAQ:ACIW)

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