ACI Worldwide, Inc. $ACIW Stock Holdings Boosted by Redwood Investments LLC

Key Points

• Redwood Investments LLC increased its stake in ACI Worldwide by 43.4%, owning a total of 51,416 shares valued at approximately $2.8 million.
• ACI Worldwide saw mixed ratings from analysts, with DA Davidson and Stephens upgrading the stock to a buy rating, while others like Zacks Research downgraded it to hold.
• The company's recent earnings report showed an EPS of $0.35, beating estimates, with a revenue of $401.26 million for the quarter, reflecting a 7.4% year-over-year increase.

Redwood Investments LLC boosted its holdings in ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 43.4% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 51,416 shares of the technology company's stock after purchasing an additional 15,560 shares during the period. Redwood Investments LLC's holdings in ACI Worldwide were worth $2,813,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Teza Capital Management LLC purchased a new position in ACI Worldwide in the first quarter valued at about $629,000. UniSuper Management Pty Ltd purchased a new position in ACI Worldwide in the first quarter valued at about $2,417,000. NewEdge Advisors LLC boosted its holdings in ACI Worldwide by 93.4% in the first quarter. NewEdge Advisors LLC now owns 1,472 shares of the technology company's stock valued at $81,000 after purchasing an additional 711 shares during the last quarter. Millennium Management LLC raised its stake in ACI Worldwide by 160.4% during the first quarter. Millennium Management LLC now owns 157,816 shares of the technology company's stock valued at $8,634,000 after buying an additional 97,206 shares in the last quarter. Finally, Hancock Whitney Corp raised its stake in ACI Worldwide by 8.2% during the first quarter. Hancock Whitney Corp now owns 6,824 shares of the technology company's stock valued at $373,000 after buying an additional 517 shares in the last quarter. Hedge funds and other institutional investors own 94.74% of the company's stock.

Insider Transactions at ACI Worldwide

In related news, Director Janet O. Estep sold 4,500 shares of the stock in a transaction that occurred on 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. This represents a 5.48% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.10% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on ACIW shares. Jefferies Financial Group cut their price objective 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. Zacks Research cut ACI Worldwide from a "strong-buy" rating to a "hold" rating in a research note on Thursday, August 21st. Wall Street Zen cut ACI Worldwide from a "strong-buy" rating to a "hold" rating in a research note on Saturday, August 9th. Finally, 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 note on Thursday, July 17th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $60.00.

ACI Worldwide Stock Performance

ACIW stock traded down $0.48 on Friday, reaching $50.15. The company's stock had a trading volume of 888,541 shares, compared to its average volume of 833,478. ACI Worldwide, Inc. has a 52 week low of $40.45 and a 52 week high of $59.71. The company has a market capitalization of $5.17 billion, a P/E ratio of 21.16 and a beta of 1.07. The firm has a fifty day moving average of $46.38 and a two-hundred day moving average of $48.82. 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 issued 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 analyst estimates of $380.45 million. During the same period in the prior year, the company posted $0.47 EPS. The business'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. As a group, analysts predict that ACI Worldwide, Inc. will post 2 EPS for the current fiscal year.

About ACI Worldwide

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.