Teza Capital Management LLC Takes Position in ACI Worldwide, Inc. $ACIW

Key Points

• Teza Capital Management LLC has invested approximately $629,000 in ACI Worldwide, purchasing 11,501 shares of the technology company.
• Several hedge funds, including Ameriprise Financial Inc. and Bank of America Corp DE, have significantly increased their stakes in ACI Worldwide, highlighting growing institutional interest.
• ACI Worldwide reported $0.35 earnings per share for the last quarter, surpassing estimates and showing a 7.4% increase in year-over-year revenue.

Teza Capital Management LLC acquired a new stake in shares of ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,501 shares of the technology company's stock, valued at approximately $629,000.

A number of other institutional investors have also recently made changes to their positions in ACIW. Ameriprise Financial Inc. boosted its stake in shares of ACI Worldwide by 160.4% during the fourth quarter. Ameriprise Financial Inc. now owns 674,799 shares of the technology company's stock valued at $35,027,000 after purchasing an additional 415,612 shares during the period. BNP Paribas Financial Markets boosted its stake in shares of ACI Worldwide by 194.6% during the fourth quarter. BNP Paribas Financial Markets now owns 240,978 shares of the technology company's stock valued at $12,509,000 after purchasing an additional 159,185 shares during the period. Bank of America Corp DE boosted its stake in shares of ACI Worldwide by 267.7% during the fourth quarter. Bank of America Corp DE now owns 563,335 shares of the technology company's stock valued at $29,243,000 after purchasing an additional 410,142 shares during the period. Cetera Investment Advisers purchased a new stake in shares of ACI Worldwide during the fourth quarter valued at approximately $318,000. Finally, Deutsche Bank AG boosted its stake in shares of ACI Worldwide by 129.2% during the fourth quarter. Deutsche Bank AG now owns 148,305 shares of the technology company's stock valued at $7,699,000 after purchasing an additional 83,596 shares during the period. Hedge funds and other institutional investors own 94.74% of the company's stock.

ACI Worldwide Stock Down 0.9%

ACI Worldwide stock traded down $0.48 on Friday, hitting $50.15. 888,541 shares of the stock traded hands, compared to its average volume of 833,478. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 0.62. The firm has a market cap of $5.17 billion, a P/E ratio of 21.16 and a beta of 1.07. The business's fifty day simple moving average is $46.38 and its 200 day simple moving average is $48.82. ACI Worldwide, Inc. has a 1 year low of $40.45 and a 1 year high of $59.71.

ACI Worldwide (NASDAQ:ACIW - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The technology company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.08. ACI Worldwide had a return on equity of 19.09% and a net margin of 14.76%.The firm had revenue of $401.26 million during the quarter, compared to the consensus estimate of $380.45 million. During the same period last year, the company earned $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. As a group, sell-side analysts forecast that ACI Worldwide, Inc. will post 2 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently commented on ACIW. Wall Street Zen lowered ACI Worldwide from a "strong-buy" rating to a "hold" rating in a research note on Saturday, August 9th. 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 price target for the company in a research note on Thursday, July 17th. Finally, Jefferies Financial Group dropped their price target on ACI Worldwide from $68.00 to $60.00 and set a "buy" rating for the company in a research note on Tuesday, May 27th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, ACI Worldwide has an average rating of "Moderate Buy" and an average price target of $60.00.

Insider Buying and Selling at ACI Worldwide

In other news, Director Janet O. Estep sold 4,500 shares of the firm's stock in a transaction on Wednesday, June 18th. The stock was sold at an average price of $44.66, for a total transaction of $200,970.00. Following the completion of the transaction, the director directly 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.10% of the stock is owned by insiders.

ACI Worldwide Company 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.