MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Decreases Stock Position in ACI Worldwide, Inc. $ACIW

Key Points

• MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. decreased its stake in ACI Worldwide by 6.4%, owning 134,528 shares valued at approximately $7.36 million after selling 9,191 shares in the first quarter.
• ACI Worldwide recently reported earnings with an EPS of $0.35, surpassing expectations and showing a 7.4% increase in revenue from the previous year.
• Analysts have mixed ratings on ACI Worldwide, with three ratings as "Buy" and one as "Hold", alongside a consensus target price of $60.00.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. reduced its stake in ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 6.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 134,528 shares of the technology company's stock after selling 9,191 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned approximately 0.13% of ACI Worldwide worth $7,360,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in ACIW. Ameriprise Financial Inc. boosted its holdings in shares of ACI Worldwide by 132.9% in the first quarter. Ameriprise Financial Inc. now owns 1,571,363 shares of the technology company's stock worth $85,986,000 after acquiring an additional 896,564 shares during the period. Nuveen LLC bought a new position in shares of ACI Worldwide in the first quarter worth $25,267,000. Bank of America Corp DE boosted its holdings in shares of ACI Worldwide by 267.7% in the fourth quarter. Bank of America Corp DE now owns 563,335 shares of the technology company's stock worth $29,243,000 after acquiring an additional 410,142 shares during the period. MetLife Investment Management LLC boosted its holdings in shares of ACI Worldwide by 437.1% in the first quarter. MetLife Investment Management LLC now owns 340,359 shares of the technology company's stock worth $18,621,000 after acquiring an additional 276,985 shares during the period. Finally, American Century Companies Inc. boosted its holdings in shares of ACI Worldwide by 24.5% in the first quarter. American Century Companies Inc. now owns 1,251,707 shares of the technology company's stock worth $68,481,000 after acquiring an additional 246,228 shares during the period. 94.74% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other ACI Worldwide news, Director Janet O. Estep sold 4,500 shares of the firm's stock in a transaction dated Wednesday, June 18th. The stock was sold at an average price of $44.66, for a total transaction of $200,970.00. Following the sale, the director owned 77,631 shares in the company, valued at $3,467,000.46. This trade represents a 5.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.10% of the stock is owned by insiders.

ACI Worldwide Price Performance

NASDAQ ACIW traded down $0.21 during trading hours on Tuesday, reaching $49.38. 807,301 shares of the stock traded hands, compared to its average volume of 844,889. The stock has a 50 day simple moving average of $46.53 and a two-hundred day simple moving average of $48.73. ACI Worldwide, Inc. has a 1 year low of $40.45 and a 1 year 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 company has a market cap of $5.10 billion, a price-to-earnings ratio of 20.84 and a beta of 1.07.

ACI Worldwide (NASDAQ:ACIW - Get Free Report) last released its quarterly earnings results 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. 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 for the quarter, compared to the consensus estimate of $380.45 million. During the same quarter last year, the business posted $0.47 earnings per share. The company's revenue for the quarter was up 7.4% on a year-over-year basis. ACI Worldwide has set its Q3 2025 guidance at EPS. On average, analysts predict that ACI Worldwide, Inc. will post 2 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Zacks Research lowered ACI Worldwide from a "strong-buy" rating to a "hold" rating in a report on Thursday, August 21st. Stephens upgraded ACI Worldwide from an "equal weight" rating to an "overweight" rating and set a $60.00 price objective on the stock in a research report on Thursday, July 17th. Jefferies Financial Group lowered their price objective 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, Wall Street Zen downgraded 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 issued a Hold rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target 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.