Insider Selling: Fiserv Inc (FISV) Insider Sells 17,000 Shares of Stock

Fiserv Inc (NASDAQ:FISV) insider Jeffery W. Yabuki sold 17,000 shares of the company’s stock in a transaction on Thursday, December 21st. The shares were sold at an average price of $131.18, for a total value of $2,230,060.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Fiserv Inc (NASDAQ:FISV) opened at $137.22 on Friday. The firm has a market capitalization of $28,596.51, a PE ratio of 28.18, a PEG ratio of 2.08 and a beta of 0.82. The company has a debt-to-equity ratio of 2.14, a current ratio of 1.01 and a quick ratio of 1.01. Fiserv Inc has a one year low of $104.51 and a one year high of $138.07.

Fiserv (NASDAQ:FISV) last released its quarterly earnings data on Tuesday, October 31st. The business services provider reported $1.27 earnings per share for the quarter, missing analysts’ consensus estimates of $1.30 by ($0.03). Fiserv had a return on equity of 43.56% and a net margin of 16.31%. The business had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.45 billion. During the same period last year, the company earned $1.14 EPS. The business’s revenue was up 1.4% on a year-over-year basis. research analysts forecast that Fiserv Inc will post 5.08 EPS for the current year.

A number of institutional investors have recently made changes to their positions in FISV. Janus Henderson Group PLC boosted its stake in Fiserv by 267.7% during the second quarter. Janus Henderson Group PLC now owns 1,868,168 shares of the business services provider’s stock valued at $228,551,000 after buying an additional 1,360,102 shares during the last quarter. Longview Partners Guernsey LTD boosted its stake in Fiserv by 23.3% during the third quarter. Longview Partners Guernsey LTD now owns 5,391,519 shares of the business services provider’s stock valued at $695,290,000 after buying an additional 1,020,121 shares during the last quarter. Voya Investment Management LLC boosted its stake in Fiserv by 116.6% during the second quarter. Voya Investment Management LLC now owns 1,665,267 shares of the business services provider’s stock valued at $203,729,000 after buying an additional 896,418 shares during the last quarter. BlackRock Inc. boosted its stake in Fiserv by 3.7% during the second quarter. BlackRock Inc. now owns 14,873,800 shares of the business services provider’s stock valued at $1,819,663,000 after buying an additional 528,274 shares during the last quarter. Finally, Vanguard Group Inc. boosted its stake in Fiserv by 2.5% during the second quarter. Vanguard Group Inc. now owns 21,301,552 shares of the business services provider’s stock valued at $2,606,032,000 after buying an additional 518,262 shares during the last quarter. 88.46% of the stock is owned by institutional investors.

Several analysts have issued reports on FISV shares. Zacks Investment Research lowered Fiserv from a “hold” rating to a “sell” rating in a report on Wednesday, October 4th. Robert W. Baird reissued an “outperform” rating and set a $146.00 price target (up previously from $136.00) on shares of Fiserv in a report on Tuesday, October 10th. Cowen reissued a “hold” rating and set a $115.00 price target on shares of Fiserv in a report on Thursday, October 12th. Cantor Fitzgerald reissued a “hold” rating and set a $126.00 price target on shares of Fiserv in a report on Wednesday, November 1st. Finally, SunTrust Banks reissued a “hold” rating and set a $130.00 price target on shares of Fiserv in a report on Wednesday, November 1st. Ten analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Fiserv has an average rating of “Hold” and a consensus target price of $132.78.

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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.

Insider Buying and Selling by Quarter for Fiserv (NASDAQ:FISV)

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