Fiserv Target of Unusually High Options Trading (NASDAQ:FISV)

Fiserv, Inc. (NASDAQ:FISV) was the recipient of some unusual options trading on Monday. Stock investors bought 24,653 put options on the company. This is an increase of approximately 65% compared to the average daily volume of 14,977 put options.

Analyst Upgrades and Downgrades

FISV has been the subject of a number of analyst reports. BNP Paribas Exane downgraded Fiserv from a “neutral” rating to an “underperform” rating and set a $46.00 price target for the company. in a report on Friday, June 5th. Royal Bank Of Canada set a $75.00 target price on Fiserv and gave the stock an “outperform” rating in a report on Wednesday, May 6th. UBS Group set a $65.00 target price on Fiserv and gave the stock a “neutral” rating in a report on Wednesday, May 6th. Robert W. Baird set a $78.00 target price on Fiserv in a report on Wednesday, May 6th. Finally, Keefe, Bruyette & Woods reduced their target price on Fiserv from $80.00 to $75.00 and set an “outperform” rating on the stock in a report on Tuesday, April 7th. Nine analysts have rated the stock with a Buy rating, twenty-five have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $82.23.

Fiserv Stock Performance

Shares of NASDAQ FISV traded down $6.33 during mid-day trading on Monday, hitting $47.45. The company had a trading volume of 19,901,698 shares, compared to its average volume of 7,618,255. The stock has a market cap of $25.30 billion, a price-to-earnings ratio of 8.04, a PEG ratio of 1.51 and a beta of 0.80. Fiserv has a 12 month low of $47.44 and a 12 month high of $177.36. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.06 and a quick ratio of 1.06. The firm’s 50 day simple moving average is $57.33 and its two-hundred day simple moving average is $61.10.

Fiserv (NASDAQ:FISV) last announced its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.22. The business had revenue of $4.68 billion for the quarter, compared to the consensus estimate of $4.73 billion. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The business’s revenue for the quarter was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. As a group, equities research analysts forecast that Fiserv will post 8.14 earnings per share for the current year.

Institutional Trading of Fiserv

Several hedge funds have recently made changes to their positions in FISV. Chicago Capital LLC bought a new position in shares of Fiserv in the fourth quarter worth about $1,316,000. Vulcan Value Partners LLC bought a new position in Fiserv during the third quarter valued at about $103,398,000. ZWJ Investment Counsel Inc. bought a new position in Fiserv during the fourth quarter valued at about $1,141,000. Robeco Institutional Asset Management B.V. bought a new position in Fiserv during the fourth quarter valued at about $4,127,000. Finally, KLP Kapitalforvaltning AS bought a new position in Fiserv during the fourth quarter valued at about $14,907,000. Institutional investors own 90.98% of the company’s stock.

Trending Headlines about Fiserv

Here are the key news stories impacting Fiserv this week:

• Negative Sentiment: Investors appear to be reacting to the surprise CEO departure, which creates near-term uncertainty around strategy, execution, and leadership continuity at Fiserv. Fiserv Announces Leadership Transition
• Negative Sentiment: Analysts and market commentary suggest the company has been “strategically adrift,” reinforcing concerns that the management shake-up may not immediately improve investor confidence. MarketWatch article
• Neutral Sentiment: Fiserv said the leadership transition is effective immediately and reiterated its full-year outlook, which may help limit further downside if investors view the move as a governance change rather than a deterioration in fundamentals. Fiserv Names Takis Georgakopoulos CEO as Mike Lyons Moves to Truist
• Neutral Sentiment: Options activity also spiked, with elevated put buying indicating traders are positioning for continued volatility or further downside in the stock.

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.