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.
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.
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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