Fiserv Inc (NASDAQ:FISV) Insider Sells $1,784,600.00 in Stock

Fiserv Inc (NASDAQ:FISV) insider Jeffery W. Yabuki sold 20,000 shares of the stock in a transaction that occurred on Wednesday, June 19th. The shares were sold at an average price of $89.23, for a total value of $1,784,600.00. Following the completion of the sale, the insider now directly owns 354,929 shares of the company’s stock, valued at $31,670,314.67. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Jeffery W. Yabuki also recently made the following trade(s):

  • On Wednesday, May 15th, Jeffery W. Yabuki sold 20,000 shares of Fiserv stock. The stock was sold at an average price of $85.49, for a total value of $1,709,800.00.

Shares of Fiserv stock traded up $0.82 during trading hours on Friday, reaching $94.51. The stock had a trading volume of 2,322,288 shares, compared to its average volume of 2,570,013. The firm has a market capitalization of $36.77 billion, a price-to-earnings ratio of 30.49, a price-to-earnings-growth ratio of 2.27 and a beta of 0.78. The company has a debt-to-equity ratio of 2.45, a current ratio of 1.07 and a quick ratio of 1.07. Fiserv Inc has a 1 year low of $68.45 and a 1 year high of $94.89. The business’s 50 day simple moving average is $90.06.

Fiserv (NASDAQ:FISV) last announced its earnings results on Tuesday, April 30th. The business services provider reported $0.84 EPS for the quarter, beating the consensus estimate of $0.82 by $0.02. Fiserv had a return on equity of 50.83% and a net margin of 16.81%. The business had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.51 billion. During the same period last year, the business posted $0.76 EPS. The company’s revenue was up 4.3% on a year-over-year basis. On average, equities analysts predict that Fiserv Inc will post 3.44 earnings per share for the current fiscal year.

Several research firms have recently commented on FISV. Oppenheimer set a $12.00 price objective on Teva Pharmaceutical Industries and gave the stock a “buy” rating in a research report on Wednesday, June 12th. Zacks Investment Research lowered Hersha Hospitality Trust from a “buy” rating to a “hold” rating in a report on Thursday, May 2nd. Susquehanna Bancshares started coverage on StoneCo in a report on Friday, May 31st. They issued a “neutral” rating on the stock. Deutsche Bank set a $137.00 target price on Verisk Analytics and gave the company a “hold” rating in a report on Tuesday, April 23rd. Finally, SunTrust Banks lowered Inflarx from a “buy” rating to a “hold” rating and lowered their target price for the company from $55.00 to $5.00 in a report on Wednesday, June 5th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and eighteen have assigned a buy rating to the company’s stock. Fiserv has an average rating of “Buy” and a consensus price target of $92.74.

A number of hedge funds have recently bought and sold shares of FISV. Egerton Capital UK LLP purchased a new stake in Fiserv during the 1st quarter worth approximately $568,121,000. Norges Bank acquired a new position in shares of Fiserv in the 4th quarter worth approximately $288,462,000. Lazard Asset Management LLC grew its position in shares of Fiserv by 857.8% in the 1st quarter. Lazard Asset Management LLC now owns 3,493,843 shares of the business services provider’s stock worth $308,435,000 after acquiring an additional 3,129,050 shares in the last quarter. Findlay Park Partners LLP grew its position in shares of Fiserv by 144.4% in the 1st quarter. Findlay Park Partners LLP now owns 3,850,000 shares of the business services provider’s stock worth $339,878,000 after acquiring an additional 2,275,000 shares in the last quarter. Finally, Janus Henderson Group PLC grew its position in shares of Fiserv by 50.9% in the 1st quarter. Janus Henderson Group PLC now owns 4,060,675 shares of the business services provider’s stock worth $358,489,000 after acquiring an additional 1,370,268 shares in the last quarter. Institutional investors own 87.38% of the company’s stock.

About Fiserv

Fiserv, Inc, together with its subsidiaries, provides financial services technology worldwide. The company's Payments and Industry Products segment provides electronic bill payment and presentment services; Internet and mobile banking software and services; account-to-account transfers; person-to-person payment services; debit and credit card processing and services; payments infrastructure services; and other electronic payments software and services.

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Insider Buying and Selling by Quarter for Fiserv (NASDAQ:FISV)

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