Franklin Mutual Advisers Amends ACIW Stake
Ticker: ACIW · Form: SC 13G/A · Filed: Jan 30, 2024 · CIK: 935036
| Field | Detail |
|---|---|
| Company | Aci Worldwide, Inc. (ACIW) |
| Form Type | SC 13G/A |
| Filed Date | Jan 30, 2024 |
| Risk Level | low |
| Pages | 5 |
| Reading Time | 6 min |
| Key Dollar Amounts | $0.005 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, software, SEC-filing
TL;DR
**Franklin Mutual Advisers just updated their ACIW holdings, keep an eye on institutional sentiment.**
AI Summary
Franklin Mutual Advisers LLC, a major investment firm, has updated its ownership stake in ACI Worldwide, Inc. (ACIW) through an SC 13G/A filing on January 30, 2024. This amendment indicates a change in their beneficial ownership, which is important for investors as large institutional holdings can influence stock stability and future performance. While the exact change in share count isn't specified in the provided text, the filing confirms their continued significant interest in the prepackaged software company.
Why It Matters
Large institutional ownership changes can signal confidence or concern in a company, potentially impacting stock price and liquidity for ACIW investors.
Risk Assessment
Risk Level: low — This filing is a routine update of an institutional holding and does not inherently indicate a high level of risk.
Analyst Insight
Investors should monitor future SC 13G/A filings from Franklin Mutual Advisers LLC to track their evolving stake in ACI Worldwide, Inc., as significant increases or decreases could influence market perception.
Key Numbers
- 004498101 — CUSIP NO. (identifies ACI Worldwide, Inc. securities)
- 1934 Act — SEC ACT (the Securities Exchange Act under which this filing is made)
- 005-45029 — SEC FILE NUMBER (the SEC file number for ACI Worldwide, Inc.)
- 7372 — STANDARD INDUSTRIAL CLASSIFICATION (identifies ACI Worldwide, Inc. as 'SERVICES-PREPACKAGED SOFTWARE')
Key Players & Entities
- Franklin Mutual Advisers LLC (company) — the entity filing the SC 13G/A, reporting its ownership in ACI Worldwide, Inc.
- ACI Worldwide, Inc. (company) — the subject company in which Franklin Mutual Advisers LLC holds shares
- 0001023875-24-000001 (dollar_amount) — the accession number for this specific SEC filing
- January 30, 2024 (date) — the filing date and date as of change for this SC 13G/A
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, indicating a change in beneficial ownership by an institutional investor.
Who is the filer of this SC 13G/A?
The filer of this SC 13G/A is Franklin Mutual Advisers LLC, located at 101 John F Kennedy Parkway, Short Hills, NJ.
What is the subject company of this filing?
The subject company is ACI Worldwide, Inc., with a business address at 6060 Coventry Drive, Elkhorn, NE.
When was this SC 13G/A filed?
This SC 13G/A was filed on January 30, 2024, and the date as of change is also January 30, 2024.
What is ACI Worldwide, Inc.'s primary industry classification?
ACI Worldwide, Inc. is classified under 'SERVICES-PREPACKAGED SOFTWARE' with a Standard Industrial Classification (SIC) code of 7372.
Filing Stats: 1,536 words · 6 min read · ~5 pages · Grade level 9.7 · Accepted 2024-01-30 12:02:40
Key Financial Figures
- $0.005 — INC. (Name of Issuer) Common Stock, $0.005 par value (Title of Class of Securiti
Filing Documents
- aciw23a2.htm (SC 13G/A) — 91KB
- 0001023875-24-000001.txt ( ) — 93KB
If this statement is
Item 3. If this statement is filed pursuant to 240.13d1(b) or 240.13d2(b) or (c), check whether the person filing is a: (a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 8o). (b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a 8). (e) [X] An investment adviser in accordance with 240.13d1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with 240.13d1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with 240.13d1(b)(1)(ii)(G); (h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a3); (j) [ ] A nonU.S. institution in accordance with 240.13d1(b)(ii)(J); (k) [ ] Group, in accordance with 240.13d1(b)(1)(ii)(K). If filing as a nonU.S. institution in accordance with 240.13d1(b)(1)(ii)(J), please specify the type of institution CUSIP NO. 004498101 13G Page 5 of 7
Ownership
Item 4. Ownership The securities reported herein are beneficially owned by one or more openend investment companies or other managed accounts that are investment management clients of Franklin Mutual Advisers, LLC ("FMA"), an indirect wholly owned subsidiary of Franklin Resources, Inc. ("FRI"). When an investment management contract (including a subadvisory agreement) delegates to FMA investment discretion or voting power over the securities held in the investment advisory accounts that are FMA as having sole investment discretion or voting authority, as the case may be, unless the agreement specifies otherwise. Accordingly, FMA reports on Schedule 13G that it has sole investment discretion and voting authority over the securities covered by any such investment management agreement, unless otherwise noted in this Item 4. As a result for purposes of Rule 13d3 under the Act, FMA may be deemed to be the beneficial owner of the securities reported in this Schedule 13G. Beneficial ownership by investment management subsidiaries and other affiliates of FRI is being reported in conformity with the guidelines articulated by the SEC staff in Release No. 3439538 (January 12, 1998) relating to organizations, such as FRI, where related entities exercise voting and investment powers over the securities being reported independently from each other. The voting and investment powers held by FMA are exercised independently from FRI (FMA's parent holding company) and from all other investment management subsidiaries of FRI (FRI, its affiliates and investment management subsidiaries other than FMA are, collectively, "FRI affiliates"). Furthermore, internal policies and procedures of FMA and FRI affiliates establish informational barriers that prevent the flow between FMA and the FRI affiliates of information that relates to the voting and investment powers over the securities owned
Ownership of Five Percent or Less of a
Item 5. Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ].
Ownership of More than Five Percent on
Item 6. Ownership of More than Five Percent on Behalf of Another Person The clients of Franklin Mutual Advisers, LLC, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or power to direct the receipt of dividends from, and the proceeds from the sale of, the securities reported herein.
Identification and Classification of the
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company Not Applicable
Identification and Classification of Members
Item 8. Identification and Classification of Members of the Group Not Applicable
Notice of Dissolution of Group
Item 9. Notice of Dissolution of Group Not Applicable CUSIP NO. 004498101 13G Page 7 of 7
Certification
Item 10. Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a11. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: January 23, 2024 Franklin Mutual Advisers, LLC By: /s/VIRGINIA E. ROSAS Virginia E. Rosas Secretary of Franklin Mutual Advisers, LLC