D.A. Davidson & CO. Boosts Position in Fiserv, Inc. $FISV

D.A. Davidson & CO. raised its holdings in shares of Fiserv, Inc. (NASDAQ:FISV) by 26.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 64,339 shares of the business services provider’s stock after acquiring an additional 13,441 shares during the period. D.A. Davidson & CO.’s holdings in Fiserv were worth $3,590,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in FISV. WFA of San Diego LLC purchased a new position in shares of Fiserv during the second quarter worth $55,000. Oakworth Capital Inc. acquired a new position in Fiserv during the fourth quarter valued at $25,000. Private Wealth Asset Management LLC purchased a new stake in Fiserv in the fourth quarter valued at $25,000. Goodman Advisory Group LLC purchased a new stake in Fiserv in the fourth quarter valued at $27,000. Finally, Tripletail Wealth Management LLC acquired a new stake in Fiserv during the 4th quarter worth about $27,000. 90.98% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Fiserv

In other Fiserv news, CFO Paul M. Todd acquired 10,060 shares of the company’s stock in a transaction on Wednesday, June 17th. The shares were bought at an average cost of $49.70 per share, with a total value of $499,982.00. Following the completion of the acquisition, the chief financial officer owned 184,107 shares in the company, valued at approximately $9,150,117.90. This trade represents a 5.78% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.06% of the company’s stock.

Analyst Ratings Changes

FISV has been the subject of several analyst reports. UBS Group set a $65.00 price objective on Fiserv and gave the company a “neutral” rating in a report on Wednesday, May 6th. Truist Financial set a $58.00 target price on Fiserv and gave the stock a “hold” rating in a report on Friday, May 29th. The Goldman Sachs Group reiterated a “neutral” rating and set a $60.00 price target (down from $70.00) on shares of Fiserv in a research report on Thursday, July 9th. Wells Fargo & Company set a $56.00 price target on Fiserv and gave the company an “equal weight” rating in a report on Thursday, July 9th. Finally, Rothschild & Co Redburn lowered their price objective on Fiserv from $50.00 to $40.00 and set a “sell” rating on the stock in a research report on Tuesday, May 12th. Seven research analysts have rated the stock with a Buy rating, twenty-seven have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $77.23.

Fiserv Stock Performance

Shares of Fiserv stock opened at $50.63 on Monday. The firm has a 50-day simple moving average of $52.54 and a two-hundred day simple moving average of $58.24. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.06 and a current ratio of 1.06. Fiserv, Inc. has a fifty-two week low of $47.04 and a fifty-two week high of $168.01. The company has a market cap of $27.00 billion, a P/E ratio of 8.58, a price-to-earnings-growth ratio of 1.42 and a beta of 0.82.

Fiserv (NASDAQ:FISV) last posted its earnings results on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, beating analysts’ consensus estimates of $1.57 by $0.22. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The firm had revenue of $4.67 billion for the quarter, compared to analysts’ expectations of $4.73 billion. The firm’s revenue for the quarter 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 predict that Fiserv, Inc. will post 8.13 earnings per share for the current fiscal year.

Fiserv Company Profile

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.