ACIW ACI Worldwide

ACI Worldwide is a global software company that provides mission-critical real-time payment solutions to corporations. Customers use its proven, scalable and secure solutions to process and manage digital payments, enable omni-commerce payments, present and process bill payments, and manage fraud and risk. ACI Worldwide combines its global footprint with local presence to drive the real-time digital transformation of payments and commerce.
Company profile
Ticker
ACIW
Exchange
Website
CEO
Odilon Almeida
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Microsoft • Oracle • Activision Blizzard • BlackBerry • NortonLifeLock • Adobe • Vmware • Ceridian HCM Holding • McAfee • SolarWinds ...
Former names
TRANSACTION SYSTEMS ARCHITECTS INC
SEC CIK
Corporate docs
IRS number
470772104
ACIW stock data
()
News
ACI Worldwide Says IRS Will Allow Taxpayers To Make Cash Transactions Through New Digital Barcode Feature Using ACI Payments
2 Mar 21
ACI Worldwide and InComm Payments Partner to Digitize Cash Payments, Driving Financial Inclusion Amid the Pandemic
1 Mar 21
ACI Worldwide's Debt Overview
26 Feb 21
ACI Worldwide Q4 EPS $0.56 Beats $0.54 Estimate, Sales $387.04M Beat $375.97M Estimate
25 Feb 21
Earnings Scheduled For February 25, 2021
25 Feb 21
Press releases
ACI Worldwide Honored with Product Leadership Award from Frost & Sullivan for Real-Time Payments
6 Apr 21
Global Real-Time Payments Transactions Surge by 41 Percent in 2020 as COVID-19 Pandemic Accelerates Shift to Digital Payments - New ACI Worldwide Research Reveals
29 Mar 21
ACI Worldwide Appoints Two New Independent Directors to Board
22 Mar 21
ACI Worldwide Customers Recognized by Celent as Winners of 2021 Model Bank and Model Risk Manager Awards
17 Mar 21
Millennials Are at Greater Risk for Tax Scams Compared to Baby Boomers, According to New ACI Worldwide Study
9 Mar 21
Calendar
25 Feb 21
13 Apr 21
31 Dec 21
Financial summary
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Financial data from company earnings reports.
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
17 Mar 21 | Almeida Odilon | Common Stock | Sale back to company | Dispose D | No | No | 39.6 | 11,183 | 442.85K | 169,058 |
17 Mar 21 | Jeremy Wilmot | Common Stock | Sale back to company | Dispose D | No | No | 39.6 | 2,837 | 112.35K | 107,610 |
17 Mar 21 | Dennis Byrnes | Common Stock | Sale back to company | Dispose D | No | No | 39.6 | 3,944 | 156.18K | 404,945 |
Institutional ownership Q4 2020
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
99.2% owned by funds/institutions
13F holders |
Current |
---|---|
Total holders | 280 |
Opened positions | 55 |
Closed positions | 37 |
Increased positions | 68 |
Reduced positions | 120 |
13F shares |
Current |
---|---|
Total value | 4.47B |
Total shares | 116.17M |
Total puts | 189.5K |
Total calls | 402.3K |
Total put/call ratio | 0.5 |
Largest owners |
Shares | Value |
---|---|---|
BLK Blackrock | 13.44M | $516.5M |
Vanguard | 10.74M | $412.8M |
WDR Waddell & Reed Financial | 9.75M | $374.79M |
Starboard Value | 9.67M | $371.46M |
STT State Street | 3.92M | $150.7M |
Cardinal Capital Management | 3.28M | $125.89M |
Conestoga Capital Advisors | 3.03M | $116.39M |
JHG Janus Henderson | 2.9M | $111.62M |
Dimensional Fund Advisors | 2.6M | $99.81M |
Victory Capital Management | 2.34M | $89.94M |
Financial report summary
?Competition
NCR • Total System Services • Fiserv • NIC • Ingenico • Mastercard • Verifone Systems • Visa • Square • WorldpayRisks
- The effects of the COVID-19 pandemic have materially affected how we, our clients and business partners are operating, and the duration and extent to which this will impact our future results of operations and overall financial performance remains uncertain.
- The markets in which we compete are rapidly changing and highly competitive, and we may not be able to compete effectively.
- If we experience business interruptions or failure of our information technology and communication systems, the availability of our products and services could be interrupted which could adversely affect our reputation, business and financial condition.
- If our security measures are breached or become infected with a computer virus, or if our services are subject to attacks that degrade or deny the ability of users to access our products or services, our business will be harmed by disrupting delivery of services and damaging our reputation.
- We have a number of new members on our senior management team, which coupled with the announced plan to relocate our corporate headquarters, may pose challenges to our operations and business growth.
- If we engage in acquisitions, strategic partnerships or significant investments in new business, we will be exposed to risks which could materially adversely affect our business.
- We may experience difficulties integrating Speedpay, which could cause us to fail to realize the anticipated benefits of the acquisition.
- We may experience difficulties implementing our new Three Pillar strategy, and the Three Pillar strategy could prove
- unsuccessful in growing our business.
- Certain anti-takeover provisions contained in our charter and under Delaware law could hinder a takeover attempt.
- Certain payment funding methods expose us to the credit and/or operating risk of our clients.
- Potential customers may be reluctant to switch to a new vendor, which may adversely affect our growth, both in the United States and internationally.
- We may be unable to protect our intellectual property and technology.
- We may be subject to increasing litigation over our intellectual property rights.
- We are engaged in offshore software development activities, which may not be successful and which may put our intellectual property at risk.
- There are a number of risks associated with our international operations that could have a material impact on our operations and financial condition.
- Global economic conditions could reduce the demand for our products and services or otherwise adversely impact our cash flows, operating results and financial condition.
- If our products and services fail to comply with legislation, government regulations, and industry standards to which our customers are subject, it could result in a loss of customers and decreased revenue.
- Our software products may contain undetected errors or other defects, which could damage our reputation with customers, decrease profitability, and expose us to liability.
- If we fail to comply with the complex regulations applicable to our payments business, we could be subject to liability or our revenues may be reduced.
- If we fail to comply with privacy regulations imposed on providers of services to financial institutions, our business could be harmed.
- We may become involved in litigation that could materially adversely affect our business financial condition, cash flows and/or results of operations.
- We may face exposure to unknown tax liabilities, which could adversely affect our financial condition, cash flows and/or results of operations.
- Consolidations and failures in the financial services industry may adversely impact the number of customers and our revenues in the future.
- Due to the industry we operate in, our stock price may be volatile.
- Our future profitability depends on demand for our products.
- Failure to obtain renewals of customer contracts or obtain such renewals on favorable terms could adversely affect our results of operations and financial condition.
- The delay or cancellation of a customer project or inaccurate project completion estimates may adversely affect our operating results and financial performance.
- Our balance sheet includes significant amounts of goodwill and intangible assets. The impairment of a significant portion of these assets could negatively affect our financial results.
- Management’s backlog estimate may not be accurate and may not generate the predicted revenues.
- Our revenue and earnings are highly cyclical, our quarterly results fluctuate significantly, and we have revenue-generating transactions concentrated in the final weeks of a quarter which may prevent accurate forecasting of our financial results and cause our stock price to decline.
- Our outstanding debt contains restrictions and other financial covenants that limit our flexibility in operating our business.
- Our existing levels of debt and debt service requirements may adversely affect our financial condition or operational flexibility and prevent us from fulfilling our obligations under our outstanding indebtedness.
- Replacement of the LIBOR benchmark interest rate could adversely affect our business, financial condition, and results of operations.
- If our revenues or mix of revenues are below anticipated levels or if our operating results are below analyst or investor expectations, the market price of our common stock could be adversely affected.
Management Discussion
- ITEM 7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
- ACI Worldwide powers digital payments for more than 6,000 organizations around the world. More than 1,000 of the largest banks and intermediaries, as well as thousands of global merchants, rely on ACI to execute $14 trillion each day in payments and securities. In addition, myriad organizations utilize our electronic bill presentment and payment services. Through our comprehensive suite of software solutions delivered on customers’ premises, through the public cloud or through ACI’s private cloud, we provide real-time, immediate payments capabilities and enable the industry’s most complete omni-channel payments experience.
- Our products are sold and supported directly and through distribution networks covering three geographic regions – the Americas, EMEA, and Asia Pacific. Each region has its own globally coordinated sales force, supplemented with local independent reseller and/or distributor networks. Our products and solutions are used globally by banks, intermediaries, merchants, and billers, such as third-party electronic payment processors, payment associations, switch interchanges and a wide range of transaction-generating endpoints, including ATMs, merchant POS terminals, bank branches, mobile phones, tablets, corporations, and internet commerce sites. Accordingly, our business and operating results are influenced by trends such as information technology spending levels, the growth rate of digital payments, mandated regulatory changes, and changes in the number and type of customers in the financial services industry, as well as economic growth and purchasing habits. Our products are marketed under the ACI Worldwide brand.
Content analysis
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New words:
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Financial reports
10-K
2020 FY
Annual report
25 Feb 21
10-Q
2020 Q3
Quarterly report
5 Nov 20
10-Q
2020 Q2
Quarterly report
6 Aug 20
10-Q
2020 Q1
Quarterly report
7 May 20
10-K
2019 FY
Annual report
27 Feb 20
10-Q
2019 Q3
Quarterly report
7 Nov 19
10-Q
2019 Q2
Quarterly report
8 Aug 19
10-Q
2019 Q1
Quarterly report
9 May 19
10-K
2018 FY
Annual report
28 Feb 19
10-Q
2018 Q3
Quarterly report
8 Nov 18
Current reports
8-K
ACI Worldwide Appoints Two New Independent Directors to Board
23 Mar 21
8-K
Departure of Directors or Certain Officers
1 Mar 21
8-K
ACI Worldwide, Inc. Reports Financial Results for the Full Year 2020 Financial Summary
25 Feb 21
8-K
Departure of Directors or Certain Officers
9 Feb 21
8-K
ACI Worldwide, Inc. Announces Preliminary 2020 Results
28 Jan 21
8-K
Regulation FD Disclosure
10 Nov 20
8-K
ACI Worldwide, Inc. Reports Financial Results for the Q3 2020 Financial Results
5 Nov 20
8-K
ACI Worldwide Appoints Two New Independent Directors to Board
26 Oct 20
8-K
ACI Worldwide, Inc. Reports Financial Results for the Q2 2020 Financial Results
6 Aug 20
8-K
Departure of Directors or Certain Officers
10 Jun 20
Registration and prospectus
S-8
Registration of securities for employees
9 Jun 20
S-8 POS
Registration of securities for employees (post-effective amendment)
24 Jan 18
S-8 POS
Registration of securities for employees (post-effective amendment)
24 Jan 18
S-8 POS
Registration of securities for employees (post-effective amendment)
24 Jan 18
S-8
Registration of securities for employees
31 Jul 17
S-8 POS
Registration of securities for employees (post-effective amendment)
20 Sep 16
S-8 POS
Registration of securities for employees (post-effective amendment)
20 Sep 16
S-8 POS
Registration of securities for employees (post-effective amendment)
20 Sep 16
S-8 POS
Registration of securities for employees (post-effective amendment)
20 Sep 16
S-8 POS
Registration of securities for employees (post-effective amendment)
20 Sep 16
Proxies
DEFA14A
Additional proxy soliciting materials
29 May 20
DEFA14A
Additional proxy soliciting materials
24 Apr 20
DEF 14A
Definitive proxy
24 Apr 20
DEFA14A
Additional proxy soliciting materials
26 Apr 19
DEF 14A
Definitive proxy
26 Apr 19
DEF 14A
Definitive proxy
27 Apr 18
DEFA14A
Additional proxy soliciting materials
26 Apr 18
DEF 14A
Definitive proxy
26 Apr 17
DEFA14A
Additional proxy soliciting materials
26 Apr 17
DEF 14A
Definitive proxy
27 Apr 16
Other
UPLOAD
Letter from SEC
10 Jul 17
CORRESP
Correspondence with SEC
18 Jun 17
UPLOAD
Letter from SEC
6 Jun 17
CORRESP
Correspondence with SEC
17 Oct 13
UPLOAD
Letter from SEC
6 Aug 13
CORRESP
Correspondence with SEC
5 Aug 13
UPLOAD
Letter from SEC
23 Jul 13
UPLOAD
Letter from SEC
11 Apr 12
CORRESP
Correspondence with SEC
29 Mar 12
UPLOAD
Letter from SEC
18 Mar 12
Ownership
3
ACI WORLDWIDE / Mary P Harman ownership change
26 Mar 21
3
ACI WORLDWIDE / Samir Michael Zabaneh ownership change
26 Mar 21
4
ACI WORLDWIDE / Jeremy Wilmot ownership change
19 Mar 21
4
ACI WORLDWIDE / DENNIS BYRNES ownership change
19 Mar 21
4
ACI WORLDWIDE / Scott W Behrens ownership change
19 Mar 21
4
ACI WORLDWIDE / Evanthia Aretakis ownership change
19 Mar 21
4
ACI WORLDWIDE / Odilon Almeida ownership change
19 Mar 21
4
ACI WORLDWIDE / Jeremy Wilmot ownership change
8 Mar 21
4
ACI WORLDWIDE / DENNIS BYRNES ownership change
8 Mar 21
4
ACI WORLDWIDE / Scott W Behrens ownership change
8 Mar 21
Patents
GRANT
Utility
Method for billing and payment in digital wallets
13 Jul 20
A method for processing an electronic bill payment with a user-specific electronic device in operative communication with a digital wallet bill management system running on centralized processors in operative communication with databases and in networked communication with digital wallet applications, computerized billing systems and payment gateways.
GRANT
Utility
System and computer-implemented method for improving data storage and analysis
2 Mar 20
A system and computer-implemented method for storing data and for calculating data characteristics.
Transcripts
2020 Q4
Earnings call transcript
27 Feb 21
2020 Q3
Earnings call transcript
8 Nov 20
2020 Q2
Earnings call transcript
9 Aug 20
2020 Q1
Earnings call transcript
8 May 20
2019 Q4
Earnings call transcript
27 Feb 20
2019 Q3
Earnings call transcript
10 Nov 19
2019 Q2
Earnings call transcript
11 Aug 19
2019 Q1
Earnings call transcript
11 May 19
2018 Q4
Earnings call transcript
28 Feb 19
2018 Q3
Earnings call transcript
10 Nov 18
Reddit threads
Daily Discussion Thread - February 25th, 2021
25 Feb 21
Daily Discussion Thread - February 24th, 2021
24 Feb 21
Daily Discussion Thread - February 23rd, 2021
23 Feb 21
Stock Watch List For January 21, 2021
21 Jan 21
Daily Discussion Thread - November 5th, 2020
5 Nov 20
Daily Discussion Thread - November 4th, 2020
4 Nov 20