LPL Financial LLC Has $2.08 Million Stock Position in ACI Worldwide, Inc. $ACIW

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 raised its stake in ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 22.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 38,076 shares of the technology company's stock after buying 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.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Ameriprise Financial Inc. increased its stake in shares of ACI Worldwide by 160.4% in the 4th quarter. Ameriprise Financial Inc. now owns 674,799 shares of the technology company's stock valued at $35,027,000 after acquiring an additional 415,612 shares during the last quarter. Bank of America Corp DE grew its holdings in ACI Worldwide by 267.7% during the fourth quarter. Bank of America Corp DE now owns 563,335 shares of the technology company's stock valued at $29,243,000 after purchasing an additional 410,142 shares during the period. North Reef Capital Management LP grew its holdings in ACI Worldwide by 18.3% during the fourth quarter. North Reef Capital Management LP now owns 2,141,000 shares of the technology company's stock valued at $111,139,000 after purchasing an additional 331,000 shares during the period. Voya Investment Management LLC increased its stake in ACI Worldwide by 37.9% in the fourth quarter. Voya Investment Management LLC now owns 720,028 shares of the technology company's stock valued at $37,377,000 after purchasing an additional 197,783 shares in the last quarter. Finally, GAMMA Investing LLC raised its holdings in ACI Worldwide by 6,709.6% in the first quarter. GAMMA Investing LLC now owns 178,683 shares of the technology company's stock worth $9,776,000 after purchasing an additional 176,059 shares during the period. Institutional investors own 94.74% of the company's stock.

Analyst Upgrades and Downgrades

ACIW has been the subject of several research analyst reports. Stephens raised shares of ACI Worldwide from an "equal weight" rating to an "overweight" rating and set a $60.00 price target for the company in a report on Thursday, July 17th. Jefferies Financial Group reduced their target price on ACI Worldwide from $68.00 to $60.00 and set a "buy" rating on the stock in a report on Tuesday, May 27th. Zacks Research downgraded ACI Worldwide from a "strong-buy" rating to a "hold" rating in a report on Thursday. DA Davidson raised ACI Worldwide from a "neutral" rating to a "buy" rating and set a $60.00 price target on the stock in a research report on Monday, May 12th. Finally, Wall Street Zen lowered ACI Worldwide from a "strong-buy" rating to a "hold" rating in a research report on Saturday, August 9th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $60.00.

ACI Worldwide Stock Up 3.0%

Shares of ACIW traded up $1.44 during midday trading on Friday, hitting $49.31. The stock had a trading volume of 773,956 shares, compared to its average volume of 953,318. The firm has a market cap of $5.09 billion, a price-to-earnings ratio of 20.81 and a beta of 1.07. The company has a 50 day simple moving average of $45.13 and a two-hundred day simple moving average of $49.03. ACI Worldwide, Inc. has a twelve month low of $40.45 and a twelve month 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.

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 (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 business had revenue of $401.26 million during the quarter, compared to the consensus estimate of $380.45 million. During the same period last year, the company earned $0.47 earnings per share. ACI Worldwide's quarterly revenue was up 7.4% on a year-over-year basis. ACI Worldwide has set its Q3 2025 guidance at EPS. On average, analysts anticipate that ACI Worldwide, Inc. will post 2 EPS for the current year.

Insider Activity at ACI Worldwide

In other news, Director Mary P. Harman sold 7,194 shares of ACI Worldwide stock in a transaction that occurred on Tuesday, June 10th. The shares were 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 in the company, valued at $1,632,742.24. This trade represents a 17.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Janet O. Estep sold 4,500 shares of the 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 transaction, the director 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. 1.10% of the stock is owned by company 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.