ACI WorldwideACIW
Market Cap: $5B
About: ACI Worldwide Inc develops, markets, and installs a portfolio of software products focused on facilitating electronic payments. The firm also leverages its distribution network in the Americas; Europe, the Middle East, and Africa, or EMEA; and Asia-Pacific regions to sell software developed by third parties. ACI software products process payment transactions for retail banking clients, billers such as utilities and healthcare providers, and community banks and credit unions. ACI's customers are financial institutions all over the world, but majority of the revenue is generated in the United States and EMEA regions.
Employees: 3,212
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
93% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 30
80% more funds holding in top 10
Funds holding in top 10: 5 [Q1] → 9 (+4) [Q2]
75% more call options, than puts
Call options by funds: $7K | Put options by funds: $4K
15% more capital invested
Capital invested by funds: $3.56B [Q1] → $4.09B (+$537M) [Q2]
11% more funds holding
Funds holding: 261 [Q1] → 289 (+28) [Q2]
2% less repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 100
2.5% less ownership
Funds ownership: 100.71% [Q1] → 98.21% (-2.5%) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
DA Davidson Peter Heckmann 75% 1-year accuracy 30 / 40 met price target | 9%upside $52 | Buy Maintained | 5 Aug 2024 |
Canaccord Genuity Joseph Vafi 44% 1-year accuracy 34 / 78 met price target | 25%upside $60 | Buy Maintained | 2 Aug 2024 |
Financial journalist opinion
Based on 6 articles about ACIW published over the past 30 days