Insider Buying: Fiserv (NASDAQ:FISV) CFO Buys 10,060 Shares

Fiserv, Inc. (NASDAQ:FISV) CFO Paul Todd acquired 10,060 shares of Fiserv stock in a transaction that occurred on Wednesday, June 17th. The stock was purchased at an average cost of $49.70 per share, with a total value of $499,982.00. Following the completion of the purchase, the chief financial officer owned 184,107 shares in the company, valued at $9,150,117.90. The trade was a 5.78% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Fiserv Trading Down 1.9%

NASDAQ:FISV traded down $0.91 during trading hours on Thursday, hitting $47.86. The company had a trading volume of 13,340,922 shares, compared to its average volume of 7,875,312. Fiserv, Inc. has a 1 year low of $47.37 and a 1 year high of $177.36. The company has a market cap of $25.52 billion, a P/E ratio of 8.11, a P/E/G ratio of 1.39 and a beta of 0.79. The company has a 50-day moving average of $56.88 and a 200 day moving average of $60.85. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.06.

Fiserv (NASDAQ:FISV) last issued its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.22. The firm had revenue of $4.67 billion for the quarter, compared to analyst estimates of $4.73 billion. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The firm’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. Sell-side analysts expect that Fiserv, Inc. will post 8.14 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on FISV shares. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Fiserv from $63.00 to $60.00 in a research note on Monday, May 11th. Cantor Fitzgerald decreased 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 price objective on Fiserv and gave the company a “neutral” rating in a research report on Wednesday, May 6th. B. Riley Financial reduced their target price on Fiserv from $69.00 to $66.00 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. Finally, BNP Paribas Exane cut Fiserv from a “neutral” rating to an “underperform” rating and set a $46.00 price objective on the stock. in a research note on Friday, June 5th. Nine investment 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 company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $82.23.

Institutional Trading of Fiserv

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

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.