Cambient Family Office LLC bought a new stake in shares of Fiserv, Inc. (NASDAQ:FISV – Free Report) during the 4th quarter, according to its most recent filing with the SEC. The fund bought 16,805 shares of the business services provider’s stock, valued at approximately $1,129,000.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in FISV. Vanguard Group Inc. acquired a new stake in Fiserv during the fourth quarter valued at approximately $3,507,063,000. Dodge & Cox acquired a new position in shares of Fiserv in the 4th quarter worth approximately $3,323,210,000. State Street Corp acquired a new position in shares of Fiserv in the 4th quarter worth approximately $1,588,663,000. Geode Capital Management LLC bought a new position in shares of Fiserv during the 4th quarter worth approximately $854,215,000. Finally, Amundi acquired a new stake in Fiserv in the 4th quarter valued at $825,819,000. Institutional investors own 90.98% of the company’s stock.
Wall Street Analyst Weigh In
A number of brokerages have weighed in on FISV. Keefe, Bruyette & Woods lowered their price target on Fiserv from $80.00 to $75.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 7th. BNP Paribas Exane cut Fiserv from a “neutral” rating to an “underperform” rating and set a $46.00 price objective for the company. in a report on Friday, June 5th. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Fiserv from $63.00 to $60.00 in a research note on Monday, May 11th. Weiss Ratings lowered shares of Fiserv from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, June 12th. Finally, B. Riley Financial dropped their target price on shares of Fiserv from $69.00 to $66.00 and set a “neutral” rating for the company in a research report on Wednesday, May 6th. Nine equities research analysts have rated the stock with a Buy rating, twenty-five have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $82.23.
Insiders Place Their Bets
In other news, CFO Paul M. Todd acquired 10,060 shares of Fiserv stock in a transaction on Wednesday, June 17th. The shares were purchased at an average price of $49.70 per share, with a total value of $499,982.00. Following the acquisition, the chief financial officer owned 184,107 shares in the company, valued at $9,150,117.90. This represents a 5.78% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.06% of the stock is owned by company insiders.
Fiserv Trading Down 1.9%
FISV opened at $47.86 on Friday. Fiserv, Inc. has a 1-year low of $47.37 and a 1-year high of $177.36. The stock has a market capitalization of $25.52 billion, a PE ratio of 8.11, a PEG ratio of 1.36 and a beta of 0.79. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.06. The firm has a 50-day moving average price of $56.73 and a two-hundred day moving average price of $60.75.
Fiserv (NASDAQ:FISV – Get Free Report) last announced its earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.22. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The company had revenue of $4.67 billion for the quarter, compared to analyst estimates of $4.73 billion. Fiserv’s revenue was down 2.0% compared to the same quarter last year. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. As a group, equities analysts anticipate that Fiserv, Inc. will post 8.14 earnings per share for the current fiscal year.
Key Fiserv News
Here are the key news stories impacting Fiserv this week:
- Positive Sentiment: CFO Paul M. Todd bought 10,060 shares for about $500,000, a sign of insider confidence that can help reassure investors after recent leadership uncertainty. Insider transaction filing
- Positive Sentiment: Multiple insiders reportedly bought more than $1 million of stock after the CEO exit, which may be viewed as a vote of confidence in Fiserv’s outlook. MSN article
- Neutral Sentiment: UBS reiterated a Hold rating, suggesting analysts are not yet moving more bullish despite the recent price weakness. UBS note
- Neutral Sentiment: Fiserv announced a €1 billion senior notes offering, which adds financing flexibility but could also raise investor focus on leverage and interest expense. Senior notes offering
- Negative Sentiment: The biggest overhang remains the sudden departure of CEO Mike Lyons, which has triggered concerns about execution and leadership stability. CEO departure article
- Negative Sentiment: Broader market rotation away from technology and into financials may also be influencing Fiserv’s move, but it does not remove the company-specific uncertainty. Sector rotation article
About Fiserv
Fiserv, Inc, founded in 1984 and headquartered in Brookfield, Wisconsin, is a global provider of financial services technology. The company develops and delivers integrated solutions for payments, processing, risk and compliance, customer and channel management, and business insights and optimization. Serving thousands of clients, Fiserv supports banks, credit unions, securities broker-dealers, leasing and finance companies, and retailers.
Fiserv’s core offerings include account processing systems that automate deposit, lending and transaction processing for financial institutions, as well as digital banking platforms that enable mobile and online banking services.
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