ACI Worldwide, Inc. $ACIW Stock Position Raised by LPL Financial LLC

Key Points

• LPL Financial LLC increased its stake in ACI Worldwide, Inc. by 22.3% in the first quarter, owning 38,076 shares valued at approximately $2.08 million.
• Several analysts have a consensus Buy rating for ACI Worldwide, with a target price of $60.00, despite some downgrades in ratings.
• ACI Worldwide reported an EPS of $0.35 for the last quarter, exceeding estimates, with revenue of $401.26 million, a 7.4% increase year-over-year.

LPL Financial LLC lifted its stake in shares of ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 22.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 38,076 shares of the technology company's stock after purchasing an additional 6,944 shares during the quarter. LPL Financial LLC's holdings in ACI Worldwide were worth $2,083,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Opal Wealth Advisors LLC acquired a new stake in shares of ACI Worldwide during the 1st quarter worth approximately $25,000. Wayfinding Financial LLC acquired a new stake in ACI Worldwide in the 1st quarter valued at approximately $39,000. Versant Capital Management Inc increased its position in ACI Worldwide by 121.3% in the 1st quarter. Versant Capital Management Inc now owns 885 shares of the technology company's stock valued at $48,000 after acquiring an additional 485 shares during the period. Archer Investment Corp acquired a new stake in ACI Worldwide in the 1st quarter valued at approximately $159,000. Finally, GAMMA Investing LLC increased its position in ACI Worldwide by 24.5% in the 1st quarter. GAMMA Investing LLC now owns 3,266 shares of the technology company's stock valued at $179,000 after acquiring an additional 642 shares during the period. 94.74% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently commented on ACIW. Stephens upgraded ACI Worldwide from an "equal weight" rating to an "overweight" rating and set a $60.00 target price 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. Wall Street Zen cut ACI Worldwide from a "strong-buy" rating to a "hold" rating in a research report on Saturday, August 9th. Jefferies Financial Group lowered their target price 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. Finally, DA Davidson upgraded ACI Worldwide from a "neutral" rating to a "buy" rating and set a $60.00 target price on the stock in a research report on Monday, May 12th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat, ACI Worldwide presently has an average rating of "Moderate Buy" and an average price target of $60.00.

ACI Worldwide Price Performance

NASDAQ ACIW traded up $1.44 on Friday, reaching $49.31. 773,956 shares of the stock traded hands, compared to its average volume of 958,939. The firm's fifty day simple moving average is $45.13 and its 200 day simple moving average is $49.10. 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 company has a market cap of $5.09 billion, a price-to-earnings ratio of 20.81 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 issued its quarterly earnings results 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. The firm 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 quarterly revenue was up 7.4% on a year-over-year basis. During the same period last year, the company posted $0.47 EPS. ACI Worldwide has set its Q3 2025 guidance at EPS. As a group, research analysts predict that ACI Worldwide, Inc. will post 2 EPS for the current fiscal year.

Insider Buying and Selling at ACI Worldwide

In other news, Director Janet O. Estep sold 4,500 shares of the firm'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 sale, the director directly owned 77,631 shares of the company's stock, valued at $3,467,000.46. This trade represents a 5.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 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 value of $341,571.12. Following the sale, 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 ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.10% of the company's stock.

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.