Jeffery W. Yabuki Sells 2,000 Shares of Fiserv, Inc. (FISV) Stock

Fiserv, Inc. (NASDAQ:FISV) insider Jeffery W. Yabuki sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of $128.35, for a total transaction of $256,700.00. Following the completion of the transaction, the insider now owns 236,835 shares in the company, valued at $30,397,772.25. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Shares of Fiserv, Inc. (NASDAQ FISV) traded down $0.05 during trading hours on Wednesday, reaching $128.27. 790,500 shares of the company were exchanged, compared to its average volume of 865,322. The firm has a market cap of $26,741.81, a PE ratio of 26.35, a P/E/G ratio of 2.20 and a beta of 0.82. The company has a debt-to-equity ratio of 2.14, a quick ratio of 1.01 and a current ratio of 1.01. Fiserv, Inc. has a 12-month low of $102.60 and a 12-month high of $130.20.

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

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FISV has been the topic of several recent analyst reports. BMO Capital Markets upped their price objective on shares of Fiserv from $112.00 to $133.00 and gave the stock a “market perform” rating in a report on Tuesday, August 1st. Royal Bank Of Canada upped their target price on shares of Fiserv from $123.00 to $128.00 and gave the stock a “sector perform” rating in a research note on Wednesday, August 2nd. Barclays PLC reaffirmed an “equal weight” rating and set a $123.00 target price (up from $115.00) on shares of Fiserv in a research note on Wednesday, August 2nd. Credit Suisse Group upped their target price on shares of Fiserv from $123.00 to $126.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 2nd. Finally, Cowen and Company reaffirmed a “hold” rating and set a $115.00 target price on shares of Fiserv in a research note on Thursday, August 3rd. Ten equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Fiserv currently has an average rating of “Hold” and an average price target of $130.41.

A number of large investors have recently modified their holdings of the stock. Steward Partners Investment Advisory LLC acquired a new stake in Fiserv during the 3rd quarter worth $881,000. Coastline Trust Co acquired a new stake in Fiserv during the 3rd quarter worth $202,000. Gyroscope Capital Management Group LLC acquired a new stake in Fiserv during the 3rd quarter worth $326,000. Moors & Cabot Inc. boosted its stake in Fiserv by 31.5% during the 3rd quarter. Moors & Cabot Inc. now owns 2,433 shares of the business services provider’s stock worth $311,000 after purchasing an additional 583 shares during the period. Finally, IFM Investors Pty Ltd acquired a new stake in Fiserv during the 3rd quarter worth $779,000. Hedge funds and other institutional investors own 88.85% of the company’s stock.

About Fiserv

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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