ACI Worldwide, Inc. $ACIW Shares Sold by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH reduced its stake in shares of ACI Worldwide, Inc. (NASDAQ:ACIW) by 12.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 96,318 shares of the technology company’s stock after selling 13,350 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in ACI Worldwide were worth $5,083,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the stock. Steward Partners Investment Advisory LLC boosted its holdings in shares of ACI Worldwide by 106.3% during the second quarter. Steward Partners Investment Advisory LLC now owns 627 shares of the technology company’s stock valued at $29,000 after acquiring an additional 323 shares during the period. Ameritas Advisory Services LLC bought a new stake in ACI Worldwide in the 2nd quarter valued at about $32,000. Advisors Asset Management Inc. boosted its stake in ACI Worldwide by 68.5% during the 2nd quarter. Advisors Asset Management Inc. now owns 733 shares of the technology company’s stock valued at $34,000 after purchasing an additional 298 shares during the period. State of Wyoming bought a new position in ACI Worldwide in the 2nd quarter worth about $37,000. Finally, Salomon & Ludwin LLC bought a new position in ACI Worldwide in the 3rd quarter worth about $39,000. 94.73% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on ACIW. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of ACI Worldwide in a report on Monday, December 29th. DA Davidson reaffirmed a “buy” rating and set a $60.00 target price on shares of ACI Worldwide in a research note on Thursday, October 16th. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $60.00.

ACI Worldwide Price Performance

Shares of ACI Worldwide stock opened at $44.81 on Tuesday. ACI Worldwide, Inc. has a 52 week low of $40.45 and a 52 week high of $58.14. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 0.56. The stock has a market cap of $4.62 billion, a PE ratio of 18.07 and a beta of 1.05. The company’s 50-day moving average price is $46.50 and its two-hundred day moving average price is $47.66.

ACI Worldwide (NASDAQ:ACIW) last announced its quarterly earnings data on Thursday, November 6th. The technology company reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.10. The company had revenue of $482.36 million for the quarter, compared to analysts’ expectations of $465.09 million. ACI Worldwide had a net margin of 15.07% and a return on equity of 18.97%. The business’s revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.77 EPS. As a group, sell-side analysts anticipate that ACI Worldwide, Inc. will post 2 EPS for the current fiscal year.

Insider Buying and Selling at ACI Worldwide

In other news, CTO Abraham Kuruvilla sold 4,210 shares of the business’s stock in a transaction 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 sale, the chief technology officer directly owned 96,897 shares of the company’s stock, valued at $4,621,017.93. The trade was a 4.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.10% of the stock is currently owned by corporate insiders.

About ACI Worldwide

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.