Bullish indicating open at $55-$60, IPO prices at $37
Today, ACI Worldwide , Inc. (NASDAQ:ACIW), a profitable technology company with annual revenues of $1.67 billion and strong financial health according to InvestingPro metrics, held its 2025 Annual Meeting of Stockholders, where several key proposals were voted on by shareholders, according to a recently filed SEC Form 8-K.
The first proposal involved the election of directors. Shareholders voted to re-elect eight board members, including Adalio T. Sanchez, Juan A. Benitez, and Janet O. Estep, among others. Each director will serve until the 2026 Annual Meeting of Stockholders. Voting results showed strong support for all nominees, with votes in favor ranging from approximately 92 million to 93 million. The company’s stock, currently trading at $46.79, has delivered a 30% return over the past year despite recent market volatility.
In the second proposal, stockholders ratified the appointment of Deloitte & Touche LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2025. The proposal received 96.4 million votes in favor, 2.1 million against, and approximately 30,875 abstentions.
The third proposal, which was advisory in nature, concerned the approval of the named executive compensation as detailed in the 2025 Proxy Statement. This proposal passed with approximately 89.7 million votes in favor, 4.5 million against, and about 91,783 abstentions.
The meeting took place at the company’s principal executive offices in Elkhorn, Nebraska. The outcomes reflect shareholder confidence in the current board and management, as well as the company’s strategic direction.
Information in this article is based on an SEC filing by ACI Worldwide, Inc.
In other recent news, ACI Worldwide reported a strong first quarter for 2025, exceeding earnings expectations with an earnings per share of $0.51, compared to a forecast of -$0.03. The company also achieved a revenue of $395 million, surpassing the anticipated $336.7 million, marking a 25% increase year-over-year. Despite these positive results, ACI Worldwide’s stock experienced a decline, dropping 7.3% in pre-market trading. The company launched Kinetic, a new cloud-native payments hub, which has been well-received in the market. Additionally, DA Davidson upgraded ACI Worldwide’s stock from Neutral to Buy, maintaining a price target of $60.00, citing the current trading level as an attractive risk/reward scenario. The Payment Software (ETR:SOWGn) segment saw a notable 42% increase in revenue, contributing to the company’s overall performance. Looking forward, ACI Worldwide raised its full-year revenue guidance to between $1.690 billion and $1.720 billion, demonstrating confidence in its strategic initiatives.
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