Fiserv Inc (NASDAQ:FISV) insider Jeffery W. Yabuki sold 50,000 shares of the company’s stock in a transaction dated Wednesday, September 19th. The stock was sold at an average price of $79.72, for a total value of $3,986,000.00. Following the sale, the insider now owns 418,380 shares of the company’s stock, valued at approximately $33,353,253.60. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

NASDAQ:FISV traded up $1.32 during mid-day trading on Friday, hitting $81.44. 4,347,500 shares of the company’s stock traded hands, compared to its average volume of 1,901,071. Fiserv Inc has a 12 month low of $60.19 and a 12 month high of $81.87. The company has a market cap of $32.16 billion, a price-to-earnings ratio of 31.79, a PEG ratio of 2.21 and a beta of 0.80. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.69.

Fiserv (NASDAQ:FISV) last announced its earnings results on Tuesday, July 31st. The business services provider reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.01. Fiserv had a return on equity of 44.25% and a net margin of 25.14%. The firm had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.42 billion. During the same quarter in the prior year, the company earned $0.57 EPS. The firm’s revenue for the quarter was up 2.5% compared to the same quarter last year. analysts anticipate that Fiserv Inc will post 3.13 EPS for the current year.

Several analysts have recently issued reports on the company. BidaskClub upgraded Fiserv from a “hold” rating to a “buy” rating in a research note on Thursday, September 13th. Argus set a $90.00 price target on Fiserv and gave the stock a “buy” rating in a research note on Wednesday. JPMorgan Chase & Co. downgraded Fiserv from a “neutral” rating to an “underweight” rating and set a $95.00 price target for the company. in a research note on Tuesday, August 14th. Zacks Investment Research downgraded Fiserv from a “buy” rating to a “hold” rating in a research note on Wednesday, August 8th. Finally, Wolfe Research assumed coverage on Fiserv in a research note on Tuesday, July 17th. They set a “market perform” rating for the company. One research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and four have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $76.97.

A number of large investors have recently made changes to their positions in the stock. BlackRock Inc. boosted its stake in Fiserv by 0.4% during the 2nd quarter. BlackRock Inc. now owns 30,363,909 shares of the business services provider’s stock valued at $2,249,662,000 after purchasing an additional 114,847 shares during the period. Massachusetts Financial Services Co. MA boosted its stake in Fiserv by 8.9% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 23,462,481 shares of the business services provider’s stock valued at $1,738,335,000 after purchasing an additional 1,909,078 shares during the period. Voya Investment Management LLC boosted its stake in Fiserv by 31.8% during the 2nd quarter. Voya Investment Management LLC now owns 5,584,840 shares of the business services provider’s stock valued at $413,781,000 after purchasing an additional 1,346,387 shares during the period. Northern Trust Corp boosted its stake in Fiserv by 96.4% during the 1st quarter. Northern Trust Corp now owns 5,332,497 shares of the business services provider’s stock valued at $380,260,000 after purchasing an additional 2,617,155 shares during the period. Finally, Winslow Capital Management LLC boosted its stake in Fiserv by 91.6% during the 1st quarter. Winslow Capital Management LLC now owns 3,615,765 shares of the business services provider’s stock valued at $257,839,000 after purchasing an additional 1,728,607 shares during the period. Hedge funds and other institutional investors own 88.32% of the company’s stock.

Fiserv Company Profile

Fiserv, Inc, together with its subsidiaries, provides financial services technology worldwide. The company's Payments and Industry Products segment provides electronic bill payment and presentment services; mobile banking software and services; account-to-account transfers; person-to-person payment services; debit and credit card processing and services; payments infrastructure services; and other electronic payments software and services.

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

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