Swedbank AB Reduces Stock Position in ACI Worldwide, Inc. $ACIW

Key Points

• Swedbank AB reduced its stake in ACI Worldwide by 6.6%, selling 28,471 shares during the second quarter, leaving it with 400,646 shares valued at approximately $18.4 million.
• ACI Worldwide's stock has experienced a 0.5% decrease recently, and its current market cap is $5.25 billion with a price-to-earnings ratio of 21.47.
• ACI Worldwide reported earnings of $0.35 per share for the last quarter, exceeding analysts' expectations of $0.27, while revenues increased by 7.4% year-over-year.

Swedbank AB lowered its stake in shares of ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 6.6% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 400,646 shares of the technology company's stock after selling 28,471 shares during the period. Swedbank AB owned approximately 0.38% of ACI Worldwide worth $18,394,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the stock. Hohimer Wealth Management LLC grew its holdings in shares of ACI Worldwide by 4.1% in the first quarter. Hohimer Wealth Management LLC now owns 4,962 shares of the technology company's stock valued at $271,000 after acquiring an additional 197 shares in the last quarter. Smartleaf Asset Management LLC lifted its stake in shares of ACI Worldwide by 5.0% during the 1st quarter. Smartleaf Asset Management LLC now owns 4,367 shares of the technology company's stock valued at $237,000 after buying an additional 207 shares in the last quarter. HighTower Advisors LLC grew its position in shares of ACI Worldwide by 1.4% in the first quarter. HighTower Advisors LLC now owns 15,744 shares of the technology company's stock valued at $861,000 after purchasing an additional 212 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of ACI Worldwide by 73.7% in the first quarter. Geneos Wealth Management Inc. now owns 872 shares of the technology company's stock worth $48,000 after buying an additional 370 shares in the last quarter. Finally, Cetera Investment Advisers boosted its position in shares of ACI Worldwide by 6.7% in the first quarter. Cetera Investment Advisers now owns 6,531 shares of the technology company's stock valued at $357,000 after acquiring an additional 408 shares during the period. Institutional investors own 94.74% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Zacks Research lowered ACI Worldwide from a "strong-buy" rating to a "hold" rating in a research note on Thursday, August 21st. Stephens raised ACI Worldwide from an "equal weight" rating to an "overweight" rating and set a $60.00 target price on the stock in a research note on Thursday, July 17th. Wall Street Zen lowered ACI Worldwide from a "strong-buy" rating to a "hold" rating in a research note on Saturday, August 9th. Finally, Jefferies Financial Group decreased their price objective on ACI Worldwide from $68.00 to $60.00 and set a "buy" rating on the stock in a report 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's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $60.00.

ACI Worldwide Stock Performance

NASDAQ ACIW traded down $0.17 during trading hours on Tuesday, hitting $52.74. 372,377 shares of the company's stock traded hands, compared to its average volume of 781,238. The business's fifty day moving average price is $47.05 and its two-hundred day moving average price is $48.62. The firm has a market capitalization of $5.44 billion, a P/E ratio of 22.24 and a beta of 1.07. ACI Worldwide, Inc. has a 52 week low of $40.45 and a 52 week high of $59.71. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 0.62.

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 during the quarter, compared to analyst estimates of $380.45 million. During the same period in the prior year, the business posted $0.47 earnings per share. The company's revenue was up 7.4% on a year-over-year basis. ACI Worldwide has set its Q3 2025 guidance at EPS. Equities research analysts predict that ACI Worldwide, Inc. will post 2 EPS for the current year.

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.