Inceptionr LLC Has $542,000 Stock Holdings in ACI Worldwide, Inc. $ACIW

Inceptionr LLC trimmed its stake in shares of ACI Worldwide, Inc. (NASDAQ:ACIW) by 28.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,805 shares of the technology company’s stock after selling 4,610 shares during the quarter. Inceptionr LLC’s holdings in ACI Worldwide were worth $542,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. N.E.W. Advisory Services LLC acquired a new stake in ACI Worldwide during the 1st quarter valued at approximately $25,000. Steward Partners Investment Advisory LLC lifted its position in shares of ACI Worldwide by 106.3% in 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 period. Ameritas Advisory Services LLC bought a new stake in shares of ACI Worldwide in the 2nd quarter valued at $32,000. Advisors Asset Management Inc. increased its position in shares of ACI Worldwide by 68.5% during the second quarter. Advisors Asset Management Inc. now owns 733 shares of the technology company’s stock worth $34,000 after buying an additional 298 shares during the period. Finally, Cheviot Value Management LLC acquired a new stake in shares of ACI Worldwide during the first quarter worth $44,000. 94.74% of the stock is owned by institutional investors and hedge funds.

Insider Activity at ACI Worldwide

In other news, CTO Abraham Kuruvilla sold 4,210 shares of the business’s stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $47.69, for a total transaction of $200,774.90. Following the completion of the sale, the chief technology officer owned 96,897 shares in the company, valued at $4,621,017.93. The trade was a 4.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.10% of the stock is currently owned by corporate insiders.

ACI Worldwide Price Performance

Shares of NASDAQ ACIW opened at $46.86 on Friday. The firm has a market capitalization of $4.83 billion, a P/E ratio of 19.77 and a beta of 1.09. The firm’s 50-day moving average price is $49.58 and its 200-day moving average price is $47.63. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 0.62. ACI Worldwide, Inc. has a 1-year low of $40.45 and a 1-year high of $58.14.

ACI Worldwide (NASDAQ:ACIW) last issued its earnings results on Thursday, November 6th. The technology company reported $1.09 EPS for the quarter, beating the consensus estimate of $0.99 by $0.10. ACI Worldwide had a return on equity of 19.09% and a net margin of 14.76%.The company had revenue of $482.36 million during the quarter, compared to the consensus estimate of $465.09 million. During the same period last year, the business posted $0.77 EPS. The firm’s revenue for the quarter was up 6.8% compared to the same quarter last year. ACI Worldwide has set its FY 2025 guidance at EPS. Equities research analysts anticipate that ACI Worldwide, Inc. will post 2 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Wall Street Zen lowered shares of 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 research report on Thursday, August 21st. DA Davidson restated a “buy” rating and set a $60.00 target price on shares of ACI Worldwide in a research report on Thursday, October 16th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of ACI Worldwide in a research note on Tuesday. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $60.00.

About ACI Worldwide

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.