Redwood Investments LLC Purchases 15,560 Shares of ACI Worldwide, Inc. $ACIW

Redwood Investments LLC lifted its position in shares of ACI Worldwide, Inc. (NASDAQ:ACIW) by 43.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 51,416 shares of the technology company’s stock after acquiring an additional 15,560 shares during the period. Redwood Investments LLC’s holdings in ACI Worldwide were worth $2,813,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the company. Opal Wealth Advisors LLC bought a new stake in ACI Worldwide during the first quarter worth $25,000. N.E.W. Advisory Services LLC acquired a new position in shares of ACI Worldwide during the 1st quarter worth $25,000. Wayfinding Financial LLC bought a new stake in shares of ACI Worldwide during the 1st quarter worth $39,000. Cheviot Value Management LLC acquired a new stake in ACI Worldwide in the first quarter valued at about $44,000. Finally, Versant Capital Management Inc boosted 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 buying an additional 485 shares in the last quarter. 94.74% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

ACIW has been the subject of a number of research analyst reports. DA Davidson upgraded shares of ACI Worldwide from a “neutral” rating to a “buy” rating and set a $60.00 price objective for the company in a research report on Monday, May 12th. Zacks Research downgraded shares of ACI Worldwide from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 21st. Stephens upgraded shares of ACI Worldwide from an “equal weight” rating to an “overweight” rating and set a $60.00 target price on the stock in a research report on Thursday, July 17th. Wall Street Zen lowered shares of ACI Worldwide from a “strong-buy” rating to a “hold” rating in a research note on Saturday, August 9th. Finally, Jefferies Financial Group reduced their target price on shares of ACI Worldwide from $68.00 to $60.00 and set a “buy” rating for the company in a research note on Tuesday, May 27th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, ACI Worldwide currently has a consensus rating of “Moderate Buy” and an average price target of $60.00.

ACI Worldwide Stock Performance

ACI Worldwide stock opened at $50.25 on Monday. The company has a market capitalization of $5.19 billion, a PE ratio of 21.20 and a beta of 1.07. ACI Worldwide, Inc. has a twelve month low of $40.45 and a twelve month high of $59.71. The firm has a fifty day simple moving average of $45.91 and a two-hundred day simple moving average of $48.80. 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) last announced its quarterly earnings results on Thursday, August 7th. The technology company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.08. The business had revenue of $401.26 million during the quarter, compared to analysts’ expectations of $380.45 million. ACI Worldwide had a net margin of 14.76% and a return on equity of 19.09%. The firm’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.47 EPS. ACI Worldwide has set its Q3 2025 guidance at EPS. Research analysts expect that ACI Worldwide, Inc. will post 2 EPS for the current year.

Insiders Place Their Bets

In other ACI Worldwide news, Director Mary P. Harman sold 7,194 shares of the firm’s stock in a transaction on Tuesday, June 10th. The shares were sold at an average price of $47.48, for a total value of $341,571.12. Following 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Janet O. Estep sold 4,500 shares of ACI Worldwide stock in a transaction dated Wednesday, June 18th. The shares were sold at an average price of $44.66, for a total transaction of $200,970.00. Following the sale, the director directly owned 77,631 shares in the company, valued at $3,467,000.46. The trade was a 5.48% decrease in their position. The disclosure for this sale can be found here. 1.10% of the stock is owned by company insiders.

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.