Fiserv (NASDAQ:FISV) CFO Buys $499,982.00 in Stock

Fiserv, Inc. (NASDAQ:FISV) CFO Paul Todd acquired 10,060 shares of the company’s stock in a transaction on Wednesday, June 17th. The stock was acquired at an average price of $49.70 per share, with a total value of $499,982.00. Following the purchase, the chief financial officer directly owned 184,107 shares in the company, valued at approximately $9,150,117.90. This represents a 5.78% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Fiserv Stock Performance

NASDAQ FISV opened at $47.86 on Friday. The firm has a 50-day moving average price of $56.56 and a two-hundred day moving average price of $60.66. Fiserv, Inc. has a 12-month low of $47.37 and a 12-month high of $177.36. The company has a market capitalization of $25.52 billion, a P/E ratio of 8.11, a P/E/G ratio of 1.34 and a beta of 0.79. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.06.

Fiserv (NASDAQ:FISV) last announced its earnings results on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, topping the consensus estimate 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 analysts’ expectations of $4.73 billion. The firm’s quarterly 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. Analysts anticipate that Fiserv, Inc. will post 8.14 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Stonebridge Capital Advisors LLC grew its position in shares of Fiserv by 2.3% during the second quarter. Stonebridge Capital Advisors LLC now owns 4,318 shares of the business services provider’s stock worth $744,000 after acquiring an additional 98 shares during the last quarter. Bison Wealth LLC increased its holdings in shares of Fiserv by 5.3% in the 4th quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock valued at $472,000 after acquiring an additional 116 shares during the period. ROI Financial Advisors LLC raised its position in Fiserv by 10.3% in the 3rd quarter. ROI Financial Advisors LLC now owns 1,871 shares of the business services provider’s stock valued at $241,000 after purchasing an additional 175 shares during the last quarter. WASHINGTON TRUST Co boosted its stake in Fiserv by 3.5% during the 3rd quarter. WASHINGTON TRUST Co now owns 5,172 shares of the business services provider’s stock worth $667,000 after purchasing an additional 175 shares during the period. Finally, Notis McConarty Edward boosted its stake in Fiserv by 0.5% during the 3rd quarter. Notis McConarty Edward now owns 35,840 shares of the business services provider’s stock worth $4,621,000 after purchasing an additional 185 shares during the period. 90.98% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

FISV has been the topic of a number of recent research reports. Cantor Fitzgerald lowered their price objective on Fiserv from $70.00 to $62.00 and set a “neutral” rating on the stock in a research note on Monday, May 11th. UBS Group set a $65.00 target price on Fiserv and gave the company a “neutral” rating in a research report on Wednesday, May 6th. The Goldman Sachs Group reduced their target price on Fiserv from $79.00 to $70.00 and set a “neutral” rating on the stock in a report on Monday, April 13th. Raymond James Financial cut Fiserv from an “outperform” rating to a “market perform” rating in a research report on Thursday, March 26th. Finally, Wells Fargo & Company dropped their price target on Fiserv from $72.00 to $62.00 and set an “equal weight” rating for the company in a research note on Friday, March 27th. Nine equities research analysts have rated the stock with a Buy rating, twenty-five have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, Fiserv has a consensus rating of “Hold” and a consensus price target of $82.23.

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.