Key Points
- Director Adalio Sanchez purchased 3,000 ACI Worldwide shares at an average price of $40.98 (total $122,940), bringing his direct ownership to 64,378 shares — a 4.89% increase.
- ACI's most recent quarter showed an EPS miss of $0.90 versus $1.05 expected, while revenue came in at $481.6 million (up 6.3% year‑over‑year), beating estimates.
- The stock trades around $42.36 with a market cap of $4.31 billion and a P/E of 19.52; analysts' consensus is a "Moderate Buy" with an average target of $60, though Weiss Ratings recently downgraded the name to "hold," and institutional investors own about 94.73% of shares.
ACI Worldwide, Inc. (NASDAQ:ACIW - Get Free Report) Director Adalio Sanchez bought 3,000 shares of the company's stock in a transaction that occurred on Monday, March 2nd. The shares were purchased at an average price of $40.98 per share, with a total value of $122,940.00. Following the transaction, the director directly owned 64,378 shares in the company, valued at $2,638,210.44. This represents a 4.89% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
ACI Worldwide Price Performance
NASDAQ:ACIW traded down $0.08 on Thursday, reaching $42.36. The stock had a trading volume of 45,466 shares, compared to its average volume of 853,010. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 0.51. The company has a market capitalization of $4.31 billion, a P/E ratio of 19.52 and a beta of 1.07. ACI Worldwide, Inc. has a 1-year low of $38.05 and a 1-year high of $57.49. The stock has a fifty day moving average price of $43.28 and a 200-day moving average price of $47.02.
ACI Worldwide (NASDAQ:ACIW - Get Free Report) last posted its quarterly earnings data on Thursday, February 26th. The technology company reported $0.90 earnings per share for the quarter, missing the consensus estimate of $1.05 by ($0.15). ACI Worldwide had a return on equity of 16.44% and a net margin of 12.88%.The firm had revenue of $481.60 million for the quarter, compared to analyst estimates of $465.20 million. During the same period in the previous year, the business posted $1.08 EPS. The business's quarterly revenue was up 6.3% on a year-over-year basis. Research analysts forecast that ACI Worldwide, Inc. will post 2 EPS for the current year.
Wall Street Analyst Weigh In
Separately, Weiss Ratings lowered ACI Worldwide from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Wednesday, February 18th. Three equities research analysts have rated the stock with a Buy rating and two have 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 target price of $60.00.
View Our Latest Research Report on ACIW
Institutional Investors Weigh In On ACI Worldwide
Institutional investors and hedge funds have recently made changes to their positions in the company. Farther Finance Advisors LLC lifted its stake in shares of ACI Worldwide by 226.8% during the fourth quarter. Farther Finance Advisors LLC now owns 536 shares of the technology company's stock valued at $26,000 after acquiring an additional 372 shares during the period. Allworth Financial LP increased its position in ACI Worldwide by 93.5% in the third quarter. Allworth Financial LP now owns 532 shares of the technology company's stock worth $28,000 after purchasing an additional 257 shares during the period. Steward Partners Investment Advisory LLC raised its holdings in ACI Worldwide by 106.3% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 627 shares of the technology company's stock worth $29,000 after purchasing an additional 323 shares during the last quarter. Bessemer Group Inc. lifted its position in ACI Worldwide by 51.9% during the 3rd quarter. Bessemer Group Inc. now owns 626 shares of the technology company's stock valued at $32,000 after purchasing an additional 214 shares during the period. Finally, Advisors Asset Management Inc. lifted its position in ACI Worldwide by 68.5% during the 2nd quarter. Advisors Asset Management Inc. now owns 733 shares of the technology company's stock valued at $34,000 after purchasing an additional 298 shares during the period. Institutional investors own 94.73% of the company's stock.
About ACI Worldwide
(
Get Free Report)
ACI Worldwide (NASDAQ:ACIW) is a global software company that provides electronic payment and banking solutions to financial institutions, merchants and billers. The company's platforms enable real-time processing of credit, debit, ACH, bill payments, faster payments and money transfers, as well as integrated fraud prevention services. Headquartered in Naples, Florida, ACI serves clients across banking, payments and commerce sectors worldwide.
ACI's modular suite of applications can be deployed on-premise, in the cloud or in hybrid environments to meet diverse operational needs.
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