Hsbc Holdings PLC Reduces Holdings in ACI Worldwide, Inc. $ACIW

Hsbc Holdings PLC trimmed its holdings in shares of ACI Worldwide, Inc. (NASDAQ:ACIW) by 16.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 93,338 shares of the technology company’s stock after selling 18,002 shares during the period. Hsbc Holdings PLC owned about 0.09% of ACI Worldwide worth $5,059,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of ACI Worldwide by 4,756.7% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,601 shares of the technology company’s stock worth $1,018,000 after purchasing an additional 18,218 shares in the last quarter. Principal Financial Group Inc. grew its stake in ACI Worldwide by 2.3% in the 1st quarter. Principal Financial Group Inc. now owns 558,040 shares of the technology company’s stock worth $30,530,000 after acquiring an additional 12,534 shares during the period. GAMMA Investing LLC grew its stake in ACI Worldwide by 24.5% in the 1st quarter. GAMMA Investing LLC now owns 3,266 shares of the technology company’s stock worth $179,000 after acquiring an additional 642 shares during the period. Bank of America Corp DE grew its stake in ACI Worldwide by 267.7% in the 4th quarter. Bank of America Corp DE now owns 563,335 shares of the technology company’s stock worth $29,243,000 after acquiring an additional 410,142 shares during the period. Finally, Harbor Capital Advisors Inc. grew its stake in ACI Worldwide by 5.9% in the 1st quarter. Harbor Capital Advisors Inc. now owns 144,122 shares of the technology company’s stock worth $7,885,000 after acquiring an additional 8,023 shares during the period. 94.74% of the stock is owned by hedge funds and other institutional investors.

ACI Worldwide Stock Down 1.1%

Shares of NASDAQ ACIW opened at $48.76 on Tuesday. ACI Worldwide, Inc. has a 52-week low of $40.45 and a 52-week high of $59.71. The firm has a fifty day moving average of $45.19 and a 200-day moving average of $49.00. The stock has a market capitalization of $5.03 billion, a PE ratio of 20.57 and a beta of 1.07. 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 data on Thursday, August 7th. The technology company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.08. ACI Worldwide had a net margin of 14.76% and a return on equity of 19.09%. The company had revenue of $401.26 million during the quarter, compared to analysts’ expectations of $380.45 million. During the same period in the previous year, the company earned $0.47 EPS. The business’s quarterly revenue was up 7.4% compared to the same quarter last year. ACI Worldwide has set its Q3 2025 guidance at EPS. On average, analysts anticipate that ACI Worldwide, Inc. will post 2 EPS for the current year.

Analyst Ratings Changes

Several analysts have commented on ACIW shares. DA Davidson raised shares of ACI Worldwide from a “neutral” rating to a “buy” rating and set a $60.00 target price for the company in a research note on Monday, May 12th. Zacks Research cut shares of ACI Worldwide from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 21st. Jefferies Financial Group lowered 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. Stephens raised shares of ACI Worldwide from an “equal weight” rating to an “overweight” rating and set a $60.00 target price for the company in a research note on Thursday, July 17th. Finally, Wall Street Zen cut shares of ACI Worldwide from a “strong-buy” rating to a “hold” rating in a research note on Saturday, August 9th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $60.00.

Insider Buying and Selling at ACI Worldwide

In related news, Director Janet O. Estep sold 4,500 shares of ACI Worldwide stock in a transaction on Wednesday, June 18th. The shares were sold at an average price of $44.66, for a total transaction of $200,970.00. Following the transaction, the director owned 77,631 shares in the company, valued at approximately $3,467,000.46. The trade was a 5.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Mary P. Harman sold 7,194 shares of ACI Worldwide stock in a transaction on Tuesday, June 10th. The shares were sold at an average price of $47.48, for a total transaction of $341,571.12. Following the transaction, the director owned 34,388 shares in the company, valued at $1,632,742.24. The trade was a 17.30% decrease in their position. The disclosure for this sale can be found here. Insiders own 1.10% of the company’s stock.

ACI Worldwide 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.