Susquehanna Fundamental Investments LLC Makes New Investment in ACI Worldwide, Inc. $ACIW

Susquehanna Fundamental Investments LLC acquired a new position in ACI Worldwide, Inc. (NASDAQ:ACIW) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 135,410 shares of the technology company’s stock, valued at approximately $6,810,000.

Other large investors also recently modified their holdings of the company. Pacer Advisors Inc. boosted its position in shares of ACI Worldwide by 8.2% during the first quarter. Pacer Advisors Inc. now owns 3,019 shares of the technology company’s stock valued at $124,000 after buying an additional 230 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in ACI Worldwide by 13.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,096 shares of the technology company’s stock valued at $96,000 after buying an additional 249 shares during the last quarter. Allworth Financial LP lifted its stake in ACI Worldwide by 93.5% during the 3rd quarter. Allworth Financial LP now owns 532 shares of the technology company’s stock valued at $28,000 after acquiring an additional 257 shares in the last quarter. ProShare Advisors LLC lifted its stake in ACI Worldwide by 1.4% during the 4th quarter. ProShare Advisors LLC now owns 20,107 shares of the technology company’s stock valued at $961,000 after acquiring an additional 268 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund boosted its holdings in ACI Worldwide by 1.2% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 23,559 shares of the technology company’s stock worth $1,126,000 after acquiring an additional 274 shares during the last quarter. Institutional investors own 94.73% of the company’s stock.

ACI Worldwide Stock Down 1.0%

Shares of NASDAQ:ACIW opened at $53.28 on Tuesday. The company has a market capitalization of $5.38 billion, a PE ratio of 24.44 and a beta of 0.97. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.58 and a quick ratio of 1.58. The business has a fifty day moving average price of $54.25 and a two-hundred day moving average price of $46.32. ACI Worldwide, Inc. has a 1 year low of $38.05 and a 1 year high of $61.08.

Analysts Set New Price Targets

ACIW has been the subject of several analyst reports. DA Davidson set a $66.00 target price on shares of ACI Worldwide and gave the company a “buy” rating in a report on Friday, August 7th. Weiss Ratings upgraded shares of ACI Worldwide from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, August 17th. Zacks Research raised shares of ACI Worldwide from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 20th. Finally, Wall Street Zen lowered shares of ACI Worldwide from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. One analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the stock. Based on data from MarketBeat, ACI Worldwide has an average rating of “Buy” and a consensus price target of $66.00.

ACI Worldwide Profile

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.