Fiserv Inc (FISV) Insider Sells $2,356,030.00 in Stock
Fiserv Inc (NASDAQ:FISV) insider Jeffery W. Yabuki sold 17,000 shares of the business’s stock in a transaction that occurred on Wednesday, January 17th. The stock was sold at an average price of $138.59, for a total value of $2,356,030.00. Following the transaction, the insider now owns 203,051 shares in the company, valued at $28,140,838.09. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Jeffery W. Yabuki also recently made the following trade(s):
- On Thursday, December 21st, Jeffery W. Yabuki sold 17,000 shares of Fiserv stock. The stock was sold at an average price of $131.18, for a total value of $2,230,060.00.
Fiserv Inc (FISV) traded down $0.31 on Friday, reaching $137.94. The company had a trading volume of 764,300 shares, compared to its average volume of 866,858. Fiserv Inc has a 12-month low of $104.51 and a 12-month high of $139.25. The firm has a market capitalization of $28,750.00, a PE ratio of 32.76, a PEG ratio of 2.10 and a beta of 0.82. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 2.14.
Several brokerages have recently weighed in on FISV. Robert W. Baird restated an “outperform” rating and set a $146.00 target price (up from $136.00) on shares of Fiserv in a report on Tuesday, October 10th. Zacks Investment Research upgraded Fiserv from a “sell” rating to a “hold” rating in a report on Monday, October 16th. Argus set a $148.00 target price on Fiserv and gave the stock a “buy” rating in a report on Friday, January 12th. SunTrust Banks restated a “hold” rating and set a $130.00 target price on shares of Fiserv in a report on Wednesday, November 1st. Finally, Barclays restated a “hold” rating and set a $141.00 target price on shares of Fiserv in a report on Friday, January 5th. Ten analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $133.72.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Acrospire Investment Management LLC purchased a new stake in Fiserv in the second quarter valued at approximately $122,000. Sun Life Financial INC raised its position in Fiserv by 11,838.5% in the second quarter. Sun Life Financial INC now owns 1,552 shares of the business services provider’s stock valued at $190,000 after purchasing an additional 1,539 shares during the period. Coastline Trust Co purchased a new stake in Fiserv in the third quarter valued at approximately $202,000. Paragon Capital Management Ltd purchased a new stake in Fiserv in the third quarter valued at approximately $206,000. Finally, Trustmark National Bank Trust Department purchased a new stake in Fiserv in the second quarter valued at approximately $204,000. Hedge funds and other institutional investors own 88.50% of the company’s stock.
Fiserv Company Profile
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.
Receive News & Ratings for Fiserv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fiserv and related companies with MarketBeat.com's FREE daily email newsletter.