Trexquant Investment LP Sells 106,979 Shares of ACI Worldwide, Inc. $ACIW

Key Points

• Trexquant Investment LP has reduced its holdings in ACI Worldwide by 42.5% in the first quarter, now owning 144,929 shares valued at approximately $7.93 million.
• Several institutional investors, including Opal Wealth Advisors and N.E.W. Advisory Services, acquired new stakes in ACI Worldwide during the same period, indicating growing interest in the company.
• Recently, ACI Worldwide's stock received mixed ratings from analysts, with some upgrades pushing the target price to $60.00, while others downgraded their recommendations.

Trexquant Investment LP decreased its position in ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) by 42.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 144,929 shares of the technology company's stock after selling 106,979 shares during the quarter. Trexquant Investment LP owned 0.14% of ACI Worldwide worth $7,929,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Opal Wealth Advisors LLC acquired a new stake in ACI Worldwide in the first quarter worth $25,000. N.E.W. Advisory Services LLC acquired a new position in ACI Worldwide during the first quarter worth about $25,000. Wayfinding Financial LLC acquired a new position in ACI Worldwide during the first quarter worth about $39,000. Cheviot Value Management LLC acquired a new position in ACI Worldwide during the first quarter worth about $44,000. Finally, Versant Capital Management Inc increased its stake in ACI Worldwide by 121.3% in the 1st quarter. Versant Capital Management Inc now owns 885 shares of the technology company's stock worth $48,000 after purchasing an additional 485 shares in the last quarter. 94.74% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at ACI Worldwide

In other ACI Worldwide news, Director Janet O. Estep sold 4,500 shares of the stock in a transaction dated 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 sale, the director directly owned 77,631 shares in the company, valued at $3,467,000.46. This 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. Also, Director Mary P. Harman sold 7,194 shares of the stock in a transaction dated Tuesday, June 10th. The stock was sold at an average price of $47.48, for a total value of $341,571.12. Following the completion of the sale, the director owned 34,388 shares of the company's stock, 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.

Analysts Set New Price Targets

A number of equities research analysts have commented on ACIW shares. 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. Wall Street Zen lowered ACI Worldwide from a "strong-buy" rating to a "hold" rating in a report on Saturday, August 9th. Zacks Research lowered ACI Worldwide from a "strong-buy" rating to a "hold" rating in a report on Thursday, August 21st. Jefferies Financial Group reduced their target price on ACI Worldwide from $68.00 to $60.00 and set a "buy" rating for the company in a report on Tuesday, May 27th. Finally, DA Davidson raised ACI Worldwide from a "neutral" rating to a "buy" rating and set a $60.00 price target on the stock in a research report on Monday, May 12th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $60.00.

ACI Worldwide Price Performance

ACI Worldwide stock traded up $0.21 on Thursday, reaching $49.38. The company's stock had a trading volume of 406,127 shares, compared to its average volume of 757,477. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.48 and a current ratio of 1.48. ACI Worldwide, Inc. has a twelve month low of $40.45 and a twelve month high of $59.71. The company has a market cap of $5.10 billion, a price-to-earnings ratio of 20.81 and a beta of 1.07. The business's fifty day moving average price is $45.73 and its 200 day moving average price is $48.88.

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 (EPS) 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 business had revenue of $401.26 million for the quarter, compared to analyst estimates of $380.45 million. During the same quarter in the prior year, the firm posted $0.47 earnings per share. The firm'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. Equities analysts expect that ACI Worldwide, Inc. will post 2 earnings per share for the current fiscal 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.