44,184 Shares in ACI Worldwide, Inc. $ACIW Purchased by UniSuper Management Pty Ltd

Key Points

• UniSuper Management Pty Ltd acquired 44,184 shares of ACI Worldwide, Inc. valued at approximately $2.4 million during the first quarter, indicating growing institutional interest in the technology firm.
• ACI Worldwide reported a EPS of $0.35 for the last quarter, surpassing analysts' expectations and achieving a 7.4% year-over-year revenue increase.
• The company's stock has recently faced a downgrade from "strong-buy" to "hold" by analysts, with a consensus target price of $60.00 as three analysts maintain a "Buy" rating.

UniSuper Management Pty Ltd purchased a new position in ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 44,184 shares of the technology company's stock, valued at approximately $2,417,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Invesco Ltd. increased its position in ACI Worldwide by 0.7% in the first quarter. Invesco Ltd. now owns 2,027,606 shares of the technology company's stock worth $110,930,000 after buying an additional 14,278 shares in the last quarter. Alliancebernstein L.P. increased its position in ACI Worldwide by 7.0% in the first quarter. Alliancebernstein L.P. now owns 1,917,346 shares of the technology company's stock worth $104,898,000 after buying an additional 126,169 shares in the last quarter. Ameriprise Financial Inc. increased its position in ACI Worldwide by 132.9% in the first quarter. Ameriprise Financial Inc. now owns 1,571,363 shares of the technology company's stock worth $85,986,000 after buying an additional 896,564 shares in the last quarter. American Century Companies Inc. increased its position in ACI Worldwide by 24.5% in the first quarter. American Century Companies Inc. now owns 1,251,707 shares of the technology company's stock worth $68,481,000 after buying an additional 246,228 shares in the last quarter. Finally, Congress Asset Management Co. increased its position in ACI Worldwide by 9.5% in the first quarter. Congress Asset Management Co. now owns 1,180,839 shares of the technology company's stock worth $64,604,000 after buying an additional 102,087 shares in the last quarter. Hedge funds and other institutional investors own 94.74% of the company's stock.

Insider Buying and Selling

In related news, Director Janet O. Estep sold 4,500 shares of the stock in a transaction that occurred 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 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.10% of the company's stock.

Analyst Ratings Changes

A number of analysts have commented on ACIW shares. Zacks Research cut ACI Worldwide from a "strong-buy" rating to a "hold" rating in a research report on Thursday, August 21st. Wall Street Zen cut ACI Worldwide from a "strong-buy" rating to a "hold" rating in a report on Saturday, August 9th. Jefferies Financial Group decreased their price target on ACI Worldwide from $68.00 to $60.00 and set a "buy" rating on the stock in a report on Tuesday, May 27th. Finally, Stephens raised ACI Worldwide from an "equal weight" rating to an "overweight" rating and set a $60.00 price target on the stock in a report on Thursday, July 17th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $60.00.

ACI Worldwide Price Performance

ACI Worldwide stock traded down $0.48 during midday trading on Friday, reaching $50.15. 888,541 shares of the stock traded hands, compared to its average volume of 833,478. The stock's fifty day moving average is $46.38 and its 200-day moving average is $48.83. ACI Worldwide, Inc. has a 12 month low of $40.45 and a 12 month high of $59.71. The stock has a market cap of $5.17 billion, a P/E ratio of 21.16 and a beta of 1.07. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.62.

ACI Worldwide (NASDAQ:ACIW - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The technology company reported $0.35 EPS for the quarter, beating analysts' consensus estimates of $0.27 by $0.08. ACI Worldwide had a return on equity of 19.09% and a net margin of 14.76%.The company 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 company earned $0.47 earnings per share. The firm'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, equities research analysts anticipate that ACI Worldwide, Inc. will post 2 EPS for the current year.

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.