Villanova Investment Management Co LLC cut its holdings in shares of ACI Worldwide, Inc. (NASDAQ:ACIW – Free Report) by 74.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,497 shares of the technology company’s stock after selling 16,035 shares during the quarter. Villanova Investment Management Co LLC’s holdings in ACI Worldwide were worth $301,000 as of its most recent SEC filing.
Other hedge funds also recently made changes to their positions in the company. Opal Wealth Advisors LLC bought a new position in shares of ACI Worldwide during the first quarter worth approximately $25,000. N.E.W. Advisory Services LLC bought a new position in shares of ACI Worldwide during the first quarter worth approximately $25,000. Wayfinding Financial LLC bought a new position in shares of ACI Worldwide during the first quarter worth approximately $39,000. Cheviot Value Management LLC acquired a new stake in shares of ACI Worldwide during the 1st quarter worth approximately $44,000. Finally, Versant Capital Management Inc increased its stake in ACI Worldwide by 121.3% in the first quarter. Versant Capital Management Inc now owns 885 shares of the technology company’s stock valued at $48,000 after acquiring an additional 485 shares during the last quarter. 94.74% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several research analysts have commented on ACIW shares. Jefferies Financial Group lowered their price objective on shares of ACI Worldwide from $68.00 to $60.00 and set a “buy” rating for the company in a research report on Tuesday, May 27th. Zacks Research downgraded shares of ACI Worldwide from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 21st. Wall Street Zen downgraded shares of ACI Worldwide from a “strong-buy” rating to a “hold” rating in a research report on Saturday, August 9th. Finally, Stephens upgraded shares of 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. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, ACI Worldwide currently has an average rating of “Moderate Buy” and a consensus target price of $60.00.
ACI Worldwide Stock Down 2.2%
Shares of NASDAQ:ACIW opened at $50.09 on Thursday. The company has a fifty day moving average of $46.21 and a 200-day moving average of $48.83. The company has a market capitalization of $5.17 billion, a PE ratio of 21.14 and a beta of 1.07. 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 52-week low of $40.45 and a 52-week high of $59.71.
ACI Worldwide (NASDAQ:ACIW – Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The technology company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.08. The company had revenue of $401.26 million during the quarter, compared to the consensus estimate of $380.45 million. ACI Worldwide had a net margin of 14.76% and a return on equity of 19.09%. The company’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.47 earnings per share. ACI Worldwide has set its Q3 2025 guidance at EPS. On average, equities analysts predict that ACI Worldwide, Inc. will post 2 EPS for the current fiscal year.
Insider Activity
In other news, Director Janet O. Estep sold 4,500 shares of the company’s stock in a transaction on Wednesday, June 18th. The shares were 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 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 the SEC website. Company insiders own 1.10% of the company’s stock.
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.
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