BlackRock Amends ACIW Stake, Maintains Passive Position
Ticker: ACIW · Form: SC 13G/A · Filed: Jan 22, 2024 · CIK: 935036
| Field | Detail |
|---|---|
| Company | Aci Worldwide, Inc. (ACIW) |
| Form Type | SC 13G/A |
| Filed Date | Jan 22, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
Related Tickers: ACIW
TL;DR
**BlackRock still owns ACIW, signaling institutional confidence.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 22, 2024, disclosing its ownership in ACI Worldwide, Inc. (ACIW) as of December 31, 2023. This amendment, number 2, indicates BlackRock's continued significant, but passive, stake in the prepackaged software company. For investors, this filing confirms that a major institutional investor like BlackRock remains a holder, which can signal confidence in ACIW's long-term prospects, though the exact change in their holding percentage isn't detailed in the provided snippet.
Why It Matters
This filing shows that a major institutional investor, BlackRock, continues to hold a significant stake in ACI Worldwide, Inc., which can be a positive signal for other investors regarding the company's stability and future outlook.
Risk Assessment
Risk Level: low — This is a routine amendment by a passive institutional investor and does not indicate any immediate risk or significant change in company control.
Analyst Insight
An investor should note BlackRock's continued passive stake in ACIW, but this filing alone doesn't provide enough detail to warrant a change in investment strategy without further analysis of BlackRock's specific percentage ownership and any changes from previous filings.
Key Players & Entities
- BlackRock Inc. (company) — the reporting person filing the SC 13G/A
- ACI WORLDWIDE, INC. (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 22, 2024 (date) — the filing date of the SC 13G/A
- 004498101 (number) — the CUSIP number for ACI Worldwide, Inc. Common Stock
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as indicated by 'FORM TYPE: SC 13G/A' and 'Amendment No: 2'.
Who is the reporting person in this filing?
The reporting person is BlackRock Inc., as stated under 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.'.
What is the subject company of this filing?
The subject company is ACI WORLDWIDE, INC., as identified under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ACI WORLDWIDE, INC.'.
What was the date of the event that required this filing?
The date of the event which required this filing was December 31, 2023, as specified under '(Date of Event Which Requires Filing of this Statement)'.
Under which rule was this Schedule 13G/A filed?
This Schedule 13G/A was filed under Rule 13d-1(b), indicated by '[X] Rule 13d-1(b)'.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 22, 2024 regarding ACI WORLDWIDE, INC. (ACIW).