Louisiana State Employees Retirement System Sells 400 Shares of ACI Worldwide, Inc. $ACIW

Louisiana State Employees Retirement System cut its position in shares of ACI Worldwide, Inc. (NASDAQ:ACIW) by 0.8% during the 2nd quarter, Holdings Channel.com reports. The firm owned 49,000 shares of the technology company’s stock after selling 400 shares during the period. Louisiana State Employees Retirement System’s holdings in ACI Worldwide were worth $2,250,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Opal Wealth Advisors LLC bought a new position in shares of ACI Worldwide during the 1st quarter valued at about $25,000. N.E.W. Advisory Services LLC bought a new position in shares of ACI Worldwide during the 1st quarter valued at about $25,000. Ameritas Advisory Services LLC bought a new position in shares of ACI Worldwide during the 2nd quarter valued at about $32,000. Wayfinding Financial LLC bought a new position in shares of ACI Worldwide during the 1st quarter valued at about $39,000. Finally, Cheviot Value Management LLC bought a new position in shares of ACI Worldwide during the 1st quarter valued at about $44,000. 94.74% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

ACIW has been the topic of several recent research reports. Stephens upgraded ACI Worldwide from an “equal weight” rating to an “overweight” rating and set a $60.00 price objective on the stock in a research report on Thursday, July 17th. Weiss Ratings restated a “hold (c+)” rating on shares of ACI Worldwide in a report on Wednesday. Wall Street Zen cut ACI Worldwide from a “strong-buy” rating to a “hold” rating in a report on Saturday, August 9th. Finally, Zacks Research cut ACI Worldwide from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 21st. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $60.00.

ACI Worldwide Stock Down 2.6%

Shares of NASDAQ:ACIW opened at $51.01 on Friday. ACI Worldwide, Inc. has a 52-week low of $40.45 and a 52-week high of $59.71. The firm has a market capitalization of $5.26 billion, a P/E ratio of 21.52 and a beta of 1.05. The stock has a 50 day moving average price of $49.35 and a 200-day moving average price of $48.64. 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 (NASDAQ:ACIW) last announced its 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. ACI Worldwide had a return on equity of 19.09% and a net margin of 14.76%.The firm had revenue of $401.26 million during the quarter, compared to analyst estimates of $380.45 million. During the same quarter in the prior year, the company earned $0.47 EPS. The business’s revenue was up 7.4% compared to the same quarter last year. 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 fiscal 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.