Susquehanna Fundamental Investments LLC Makes New $6.81 Million Investment in ACI Worldwide, Inc. $ACIW

Key Points

• Susquehanna Fundamental Investments acquired 135,410 ACI Worldwide shares worth approximately $6.81 million, representing about 0.13% of the company.
• Institutional ownership remains high at 94.73%, with several major investors—including BlackRock, Dimensional Fund Advisors, and Reinhart Partners—reporting new or increased positions.
• ACI Worldwide shares recently traded at $53.28, down 1%, while analysts maintained an overall “Buy” rating with an average price target of $66.00.

Susquehanna Fundamental Investments LLC acquired a new stake in ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 135,410 shares of the technology company's stock, valued at approximately $6,810,000. Susquehanna Fundamental Investments LLC owned about 0.13% of ACI Worldwide as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the company. BlackRock Inc. bought a new stake in shares of ACI Worldwide during the 2nd quarter valued at about $823,821,000. Dimensional Fund Advisors LP increased its holdings in ACI Worldwide by 13.9% in the first quarter. Dimensional Fund Advisors LP now owns 2,813,150 shares of the technology company's stock worth $115,364,000 after purchasing an additional 344,358 shares in the last quarter. Reinhart Partners LLC. lifted its stake in ACI Worldwide by 8.5% in the second quarter. Reinhart Partners LLC. now owns 2,424,247 shares of the technology company's stock valued at $121,916,000 after buying an additional 189,433 shares during the period. Alliancebernstein L.P. lifted its stake in ACI Worldwide by 4.8% in the third quarter. Alliancebernstein L.P. now owns 2,336,124 shares of the technology company's stock valued at $123,277,000 after buying an additional 107,993 shares during the period. Finally, North Reef Capital Management LP boosted its holdings in shares of ACI Worldwide by 13.2% during the 1st quarter. North Reef Capital Management LP now owns 2,230,000 shares of the technology company's stock worth $91,452,000 after buying an additional 260,000 shares in the last quarter. 94.73% of the stock is currently owned by institutional investors and hedge funds.

ACI Worldwide Trading Down 1.0%

Shares of ACI Worldwide stock opened at $53.28 on Tuesday. The stock has a market capitalization of $5.38 billion, a PE ratio of 24.44 and a beta of 0.97. ACI Worldwide, Inc. has a 52 week low of $38.05 and a 52 week high of $61.08. The stock has a 50 day moving average price of $54.25 and a two-hundred day moving average price of $46.32. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.58 and a current ratio of 1.58.

Analysts Set New Price Targets

ACIW has been the subject of several research analyst reports. DA Davidson set a $66.00 price objective on shares of ACI Worldwide and gave the company a "buy" rating in a research note on Friday, August 7th. Weiss Ratings raised shares of ACI Worldwide from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Monday, August 17th. Wall Street Zen cut shares of ACI Worldwide from a "buy" rating to a "hold" rating in a report on Saturday, August 8th. Finally, Zacks Research raised shares of ACI Worldwide from a "hold" rating to a "strong-buy" rating in a research note on Thursday, August 20th. One analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the company. Based on data from MarketBeat.com, ACI Worldwide has an average rating of "Buy" and an average price target of $66.00.

ACI Worldwide Company Profile

ACI Worldwide NASDAQ: ACIW is a global software company that provides electronic payment and banking solutions to financial institutions, merchants and billers. The company's platforms enable real-time processing of credit, debit, ACH, bill payments, faster payments and money transfers, as well as integrated fraud prevention services. Headquartered in Naples, Florida, ACI serves clients across banking, payments and commerce sectors worldwide.

ACI's modular suite of applications can be deployed on-premise, in the cloud or in hybrid environments to meet diverse operational needs.

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