ACI WORLDWIDE, INC.
ACIW · Services-Prepackaged Software · 101.7M shares · -2%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $3M (gross $28M, SBC $25M)
Reference price $41.90 · est. market cap ~$4.3B — last insider purchase, 2026-03-03 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B74Payments-software vendor, profitable and growing with solid free cash flow.
Strengths
- Strong profitability — operating margin 18.7% (81st), ROA 7.3% (75th)
- Solid FCF and growth — FCF $309.9M (65th), revenue +10.4%, net income +11.6%
- Manageable leverage — D/E 0.51
Risks
- Lower gross margin for software — 49.0% (14th) given services mix
- Competitive payments market — per 10-K
- Average liquidity — per 10-K
Notable findings
- High convictionHigh conviction — notable institutional holders, insider buying, and a strong balance sheet
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC, Bridgewater Associates, LP
- Exec changeRecent 8-K item 5.02 8-K ↗
- Strong balance sheetStrong balance sheet — $196M cash & investments
- Insider buyingInsider buying — 2 open-market buy(s) by 2 insider(s) (cluster of 2 insiders, ~$223,487, last 6mo) Form 4 ↗
- Buying back stockNet buyback — share count -2%/yr over 4y
- Notable holderHeld by 5 notable fund(s): STATE STREET CORP, FMR LLC, GOLDMAN SACHS GROUP INC +2 more (as of 2026-03-31)
- Revenue declineRevenue -11.6% YoY
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
49.0%
Operating margin
18.7%
Net margin
12.9%
Return on equity
14.9%
Return on assets
7.3%
ROIC
11.4%
Revenue growth (QoQ)
-11.6%
Net-income growth
11.6%
Debt / equity
0.5×
Net debt / EBITDA
1.4×
Current ratio
1.5×
Free cash flow
$310M
EBITDA
$427M
Tangible book value
$141M
Cash & investments
$196M
Stock comp / revenue
4.0%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-24 | Leibrock Robert William | Disposition | 2.5K | $46.39 |
| 2026-06-06 | Shultz Ronald Craig | Disposition | 739 | $42.80 |
| 2026-06-06 | Leibrock Robert William | Disposition | 1.3K | $42.80 |
| 2026-06-06 | Litch Erich J | Disposition | 1.0K | $42.80 |
| 2026-06-04 | Shultz Ronald Craig | Disposition | 760 | $42.36 |
| 2026-06-04 | Shultz Ronald Craig | Disposition | 383 | $42.36 |
| 2026-06-04 | Litch Erich J | Disposition | 133 | $42.36 |
| 2026-06-04 | Litch Erich J | Disposition | 654 | $42.36 |
| 2026-06-02 | Benitez Juan II | Grant | 5.7K | — |
| 2026-06-02 | Harman Mary P | Grant | 5.7K | — |
| 2026-06-02 | Lamouche Didier R | Grant | 5.7K | — |
| 2026-06-02 | SANCHEZ ADALIO T | Grant | 5.7K | — |
| 2026-06-02 | Zabaneh Samir Michael | Grant | 5.7K | — |
| 2026-06-02 | Ford Todd R | Grant | 5.7K | — |
| 2026-06-02 | MCCALLUM KATRINKA | Grant | 5.7K | — |
| 2026-06-02 | deBeers Kimberly A. | Grant | 5.7K | — |
| 2026-06-01 | Warsop Thomas W III | Disposition | 8.1K | $45.03 |
| 2026-05-11 | Shultz Ronald Craig | Disposition | 732 | $42.36 |
| 2026-05-11 | Shultz Ronald Craig | Disposition | 366 | $42.36 |
| 2026-04-13 | Shultz Ronald Craig | Disposition | 6.8K | $41.24 |
| 2026-04-13 | Warsop Thomas W III | Grant | 177K | — |
| 2026-04-13 | Warsop Thomas W III | Disposition | 70K | $41.24 |
| 2026-04-13 | Shultz Ronald Craig | Grant | 14K | — |
| 2026-03-24 | Leibrock Robert William | Disposition | 2.1K | $39.86 |
| 2026-03-19 | deBeers Kimberly A. | Grant | 1.6K | — |
| 2026-03-06 | Warsop Thomas W III | Grant | 86K | — |
| 2026-03-06 | Leibrock Robert William | Grant | 49K | — |
| 2026-03-06 | Shultz Ronald Craig | Grant | 18K | — |
| 2026-03-06 | Litch Erich J | Grant | 24K | — |
| 2026-03-04 | Shultz Ronald Craig | Disposition | 690 | $42.44 |
| 2026-03-04 | Warsop Thomas W III | Disposition | 12K | $42.44 |
| 2026-03-04 | Warsop Thomas W III | Disposition | 8.8K | $42.44 |
| 2026-03-04 | Litch Erich J | Disposition | 147 | $42.44 |
| 2026-03-04 | Litch Erich J | Disposition | 724 | $42.44 |
| 2026-03-04 | Shultz Ronald Craig | Disposition | 370 | $42.44 |
| 2026-03-03 | Benitez Juan II | Buy | 2.4K | $41.90 |
| 2026-03-02 | SANCHEZ ADALIO T | Buy | 3.0K | $40.98 |
| 2026-02-11 | Shultz Ronald Craig | Disposition | 743 | $40.33 |
| 2026-02-11 | Shultz Ronald Craig | Disposition | 371 | $40.33 |
| 2025-12-24 | Leibrock Robert William | Disposition | 2.2K | $48.87 |
| 2025-12-04 | Shultz Ronald Craig | Disposition | 793 | $46.35 |
| 2025-12-04 | Kuruvilla Abraham | Disposition | 1.3K | $46.35 |
| 2025-12-04 | Kuruvilla Abraham | Disposition | 839 | $46.35 |
| 2025-12-04 | Litch Erich J | Disposition | 89 | $46.35 |
| 2025-12-04 | Litch Erich J | Disposition | 440 | $46.35 |
| 2025-12-04 | Shultz Ronald Craig | Disposition | 400 | $46.35 |
| 2025-11-29 | Kuruvilla Abraham | Disposition | 7.7K | $46.86 |
| 2025-11-11 | Shultz Ronald Craig | Disposition | 270 | $48.00 |
| 2025-11-11 | Shultz Ronald Craig | Disposition | 642 | $48.00 |
| 2025-11-10 | Kuruvilla Abraham | Sell | 4.2K | $47.69 |
| 2025-09-24 | Leibrock Robert William | Grant | 82K | — |
| 2025-09-24 | Leibrock Robert William | Grant | 82K | — |
| 2025-09-12 | SANCHEZ ADALIO T | Gift | 23K | — |
| 2025-09-12 | SANCHEZ ADALIO T | Gift | 23K | — |
| 2025-09-04 | Shultz Ronald Craig | Disposition | 283 | $49.64 |
| 2025-09-04 | Shultz Ronald Craig | Disposition | 561 | $49.64 |
| 2025-09-04 | Kuruvilla Abraham | Disposition | 1.3K | $49.64 |
| 2025-09-04 | Kuruvilla Abraham | Disposition | 839 | $49.64 |
| 2025-09-04 | Litch Erich J | Disposition | 89 | $49.64 |
| 2025-09-04 | Litch Erich J | Disposition | 440 | $49.64 |
| 2025-08-11 | Behrens Scott W | Disposition | 2.1K | $44.39 |
| 2025-08-11 | Shultz Ronald Craig | Disposition | 270 | $44.39 |
| 2025-08-11 | Shultz Ronald Craig | Disposition | 541 | $44.39 |
| 2025-06-18 | ESTEP JANET O | Sell | 4.5K | $44.66 |
| 2025-06-10 | Harman Mary P | Sell | 7.2K | $47.48 |
| 2025-06-04 | Litch Erich J | Disposition | 100 | $46.62 |
| 2025-06-04 | Litch Erich J | Disposition | 438 | $46.62 |
| 2025-06-04 | Kuruvilla Abraham | Disposition | 1.3K | $46.62 |
| 2025-06-04 | Shultz Ronald Craig | Disposition | 268 | $46.62 |
| 2025-06-04 | Behrens Scott W | Disposition | 1.8K | $46.62 |
| 2025-06-04 | Behrens Scott W | Disposition | 1.1K | $46.62 |
| 2025-06-04 | Kuruvilla Abraham | Disposition | 839 | $46.62 |
| 2025-06-04 | Shultz Ronald Craig | Disposition | 531 | $46.62 |
| 2025-06-03 | SANCHEZ ADALIO T | Grant | 5.3K | — |
| 2025-06-03 | Benitez Juan II | Grant | 5.3K | — |
| 2025-06-03 | MCCALLUM KATRINKA | Grant | 5.3K | — |
| 2025-06-03 | Zabaneh Samir Michael | Grant | 5.3K | — |
| 2025-06-03 | PETERS CHARLES E JR | Grant | 5.3K | — |
| 2025-06-03 | Harman Mary P | Grant | 5.3K | — |
| 2025-06-03 | ESTEP JANET O | Grant | 5.3K | — |
| 2025-06-01 | Warsop Thomas W III | Disposition | 8.1K | $46.26 |
| 2025-05-12 | Warsop Thomas W III | Buy | 5.0K | $48.57 |
| 2025-05-11 | Shultz Ronald Craig | Disposition | 513 | $46.56 |
| 2025-05-11 | Behrens Scott W | Disposition | 2.1K | $46.56 |
| 2025-05-11 | Shultz Ronald Craig | Disposition | 256 | $46.56 |
| 2025-04-15 | Behrens Scott W | Disposition | 27K | $52.22 |
| 2025-04-15 | Silva Alessandro | Grant | 14K | — |
| 2025-04-15 | Silva Alessandro | Disposition | 6.7K | $52.22 |
| 2025-04-15 | Behrens Scott W | Grant | 60K | — |
| 2025-03-04 | Warsop Thomas W III | Disposition | 12K | $53.70 |
| 2025-03-04 | Behrens Scott W | Grant | 29K | — |
| 2025-03-04 | Behrens Scott W | Disposition | 1.8K | $53.70 |
| 2025-03-04 | Kuruvilla Abraham | Grant | 26K | — |
| 2025-03-04 | Kuruvilla Abraham | Disposition | 1.4K | $53.70 |
| 2025-03-04 | Silva Alessandro | Grant | 14K | — |
| 2025-03-04 | Silva Alessandro | Disposition | 941 | $53.70 |
| 2025-03-04 | Warsop Thomas W III | Grant | 67K | — |
| 2025-03-03 | PETERS CHARLES E JR | Sell | 13K | $57.57 |
| 2025-03-01 | Silva Alessandro | Disposition | 1.5K | $57.35 |
| 2025-03-01 | Behrens Scott W | Disposition | 6.1K | $57.35 |
| 2025-02-11 | Silva Alessandro | Disposition | 1.2K | $52.31 |
| 2025-02-11 | Behrens Scott W | Disposition | 2.2K | $52.31 |
| 2025-02-09 | Silva Alessandro | Disposition | 1.3K | $52.89 |
All non-derivative Form 4 activity (SEC), newest first.
Supply chain
Customers (0)
Suppliers (4)
Named in the 10-K; linked when we track them.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-02 | Shareholder voteExhibits | filing ↗ |
| 2026-05-07 | ResultsReg FDExhibits | filing ↗ |
| 2026-02-26 | ResultsExec/director changeReg FDExhibits | filing ↗ |
| 2026-01-14 | Exec/director changeExhibits | filing ↗ |
| 2025-11-06 | ResultsReg FDExhibits | filing ↗ |
| 2025-10-01 | Exec/director changeExhibits | filing ↗ |
| 2025-09-12 | Exec/director changeExhibits | filing ↗ |
| 2025-08-07 | ResultsReg FD | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-02 | 2026-06-02 | 0001193125-26-253825 ↗ |
| 8-K | 2026-05-07 | 2026-05-07 | 0000935036-26-000019 ↗ |
| 10-Q | 2026-05-07 | 2026-03-31 | 0000935036-26-000021 ↗ |
| 10-K | 2026-02-26 | 2025-12-31 | 0000935036-26-000011 ↗ |
| 8-K | 2026-02-26 | 2026-02-23 | 0000935036-26-000009 ↗ |
| 8-K | 2026-01-14 | 2026-01-13 | 0001193125-26-012321 ↗ |
| 8-K | 2025-11-06 | 2025-11-06 | 0000935036-25-000029 ↗ |
| 10-Q | 2025-11-06 | 2025-09-30 | 0000935036-25-000031 ↗ |
| 8-K | 2025-10-01 | 2025-09-25 | 0001193125-25-225981 ↗ |
| 8-K | 2025-09-12 | 2025-09-08 | 0000935036-25-000022 ↗ |
| 10-Q | 2025-08-07 | 2025-06-30 | 0000935036-25-000019 ↗ |
| 8-K | 2025-08-07 | 2025-08-07 | 0000935036-25-000017 ↗ |