Russell Investments Group Ltd. Has $5.23 Million Stake in ACI Worldwide, Inc. $ACIW

Key Points

• Russell Investments Group Ltd. increased its stake in ACI Worldwide, Inc. by 31.5% during the first quarter, owning approximately 0.09% of the company valued at $5.23 million.
• ACI Worldwide reported a quarterly EPS of $0.35, exceeding analyst expectations and showing a 7.4% year-over-year revenue increase.
• Analysts have issued varying ratings on ACI Worldwide, with a consensus "Buy" rating and a target price of $60.00 following recent upgrades and downgrades from multiple firms.

Russell Investments Group Ltd. grew its stake in shares of ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 31.5% in the first quarter, according to its most recent filing with the SEC. The fund owned 95,604 shares of the technology company's stock after acquiring an additional 22,901 shares during the period. Russell Investments Group Ltd. owned about 0.09% of ACI Worldwide worth $5,231,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of ACIW. Raymond James Financial Inc. acquired a new stake in shares of ACI Worldwide during the 4th quarter valued at $5,292,000. Mariner LLC lifted its position in shares of ACI Worldwide by 5.9% during the 4th quarter. Mariner LLC now owns 13,415 shares of the technology company's stock valued at $696,000 after acquiring an additional 743 shares during the last quarter. First Trust Advisors LP lifted its position in shares of ACI Worldwide by 47.0% during the 4th quarter. First Trust Advisors LP now owns 160,182 shares of the technology company's stock valued at $8,315,000 after acquiring an additional 51,216 shares during the last quarter. MetLife Investment Management LLC lifted its position in shares of ACI Worldwide by 6.0% during the 4th quarter. MetLife Investment Management LLC now owns 63,374 shares of the technology company's stock valued at $3,290,000 after acquiring an additional 3,598 shares during the last quarter. Finally, Stifel Financial Corp lifted its position in shares of ACI Worldwide by 63.8% during the 4th quarter. Stifel Financial Corp now owns 58,953 shares of the technology company's stock valued at $3,060,000 after acquiring an additional 22,954 shares during the last quarter. Institutional investors and hedge funds own 94.74% of the company's stock.

Insiders Place Their Bets

In other news, Director Janet O. Estep sold 4,500 shares of the company's stock in a transaction on Wednesday, June 18th. The shares were sold at an average price of $44.66, for a total value of $200,970.00. Following the transaction, the director directly owned 77,631 shares of the company's stock, valued at approximately $3,467,000.46. This represents a 5.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Mary P. Harman sold 7,194 shares of the company's stock in a transaction on Tuesday, June 10th. The stock was sold at an average price of $47.48, for a total transaction of $341,571.12. Following the completion of the transaction, 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 disclosure for this sale can be found here. Corporate insiders own 1.10% of the company's stock.

ACI Worldwide Stock Up 0.7%

Shares of NASDAQ ACIW traded up $0.35 during mid-day trading on Wednesday, reaching $48.49. The company had a trading volume of 691,965 shares, compared to its average volume of 964,445. 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 quick ratio of 1.48 and a current ratio of 1.48. The stock has a market capitalization of $5.00 billion, a PE ratio of 20.46 and a beta of 1.07. The stock's 50 day moving average is $45.33 and its 200-day moving average is $48.99.

ACI Worldwide (NASDAQ:ACIW - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The technology company reported $0.35 earnings per share for the quarter, topping analysts' consensus estimates of $0.27 by $0.08. ACI Worldwide had a net margin of 14.76% and a return on equity of 19.09%. The business had revenue of $401.26 million for the quarter, compared to the consensus estimate of $380.45 million. During the same period in the prior year, the business posted $0.47 earnings per share. ACI Worldwide'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, equities analysts anticipate that ACI Worldwide, Inc. will post 2 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

ACIW has been the subject of a number of recent research reports. Stephens upgraded ACI Worldwide from an "equal weight" rating to an "overweight" rating and set a $60.00 price objective for the company in a research report on Thursday, July 17th. Zacks Research downgraded shares of ACI Worldwide from a "strong-buy" rating to a "hold" rating in a research note on Thursday, August 21st. DA Davidson raised shares of ACI Worldwide from a "neutral" rating to a "buy" rating and set a $60.00 target price on the stock in a research note on Monday, May 12th. Wall Street Zen downgraded shares of ACI Worldwide from a "strong-buy" rating to a "hold" rating in a research note on Saturday, August 9th. Finally, Jefferies Financial Group cut their target price on shares of ACI Worldwide from $68.00 to $60.00 and set a "buy" rating on the stock in a research note on Tuesday, May 27th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $60.00.

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.