Fiserv, Inc. (NASDAQ:FISV) insider Jeffery W. Yabuki sold 17,000 shares of the firm’s stock in a transaction that occurred on Thursday, July 20th. The shares were sold at an average price of $126.02, for a total transaction of $2,142,340.00. Following the completion of the transaction, the insider now owns 286,151 shares in the company, valued at approximately $36,060,749.02. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Fiserv, Inc. (FISV) traded up 0.38% during mid-day trading on Friday, hitting $126.71. 586,040 shares of the stock were exchanged. Fiserv, Inc. has a one year low of $92.81 and a one year high of $127.26. The company has a market cap of $26.91 billion, a P/E ratio of 31.65 and a beta of 0.80. The company has a 50-day moving average price of $124.02 and a 200-day moving average price of $117.30.

Fiserv (NASDAQ:FISV) last announced its quarterly earnings data on Wednesday, April 26th. The business services provider reported $1.25 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.18 by $0.07. The firm had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1.40 billion. Fiserv had a return on equity of 40.28% and a net margin of 15.95%. The company’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.06 EPS. On average, analysts predict that Fiserv, Inc. will post $5.12 earnings per share for the current fiscal year.

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FISV has been the topic of several research reports. Royal Bank Of Canada restated a “hold” rating and issued a $123.00 price target on shares of Fiserv in a report on Friday, April 28th. Guggenheim upgraded shares of Fiserv from a “neutral” rating to a “buy” rating and raised their price target for the company from $131.00 to $136.00 in a report on Monday. Vetr upgraded shares of Fiserv from a “sell” rating to a “buy” rating and set a $121.50 price target on the stock in a report on Monday, April 3rd. BidaskClub lowered shares of Fiserv from a “strong-buy” rating to a “buy” rating in a report on Wednesday, July 5th. Finally, Credit Suisse Group restated a “hold” rating and issued a $116.00 price target on shares of Fiserv in a report on Friday, April 28th. Ten analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $121.12.

Institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its position in shares of Fiserv by 1.2% in the first quarter. Vanguard Group Inc. now owns 20,783,290 shares of the business services provider’s stock valued at $2,396,522,000 after buying an additional 255,329 shares in the last quarter. BlackRock Inc. boosted its position in shares of Fiserv by 2,669.4% in the first quarter. BlackRock Inc. now owns 14,345,526 shares of the business services provider’s stock valued at $1,654,185,000 after buying an additional 13,827,530 shares in the last quarter. Alliancebernstein L.P. boosted its position in shares of Fiserv by 2.9% in the first quarter. Alliancebernstein L.P. now owns 3,295,500 shares of the business services provider’s stock valued at $380,004,000 after buying an additional 92,251 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Fiserv by 4.8% in the first quarter. Geode Capital Management LLC now owns 2,374,758 shares of the business services provider’s stock valued at $273,485,000 after buying an additional 109,251 shares in the last quarter. Finally, American Century Companies Inc. boosted its position in shares of Fiserv by 0.3% in the first quarter. American Century Companies Inc. now owns 1,409,340 shares of the business services provider’s stock valued at $162,511,000 after buying an additional 4,442 shares in the last quarter. 87.68% of the stock is owned by hedge funds and other institutional investors.

About Fiserv

Fiserv, Inc is a provider of financial services technology. The Company provides account processing systems; electronic payments processing products and services, such as electronic bill payments, transaction processing, account-to-account transfers, and person-to-person payments; Internet and mobile banking systems, and related services, including document and payment card production and distribution, and lending and risk management products and services.

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

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