Parnassus Investments LLC Has $529.60 Million Stock Holdings in Fiserv, Inc. $FISV

Parnassus Investments LLC reduced its position in shares of Fiserv, Inc. (NASDAQ:FISV) by 2.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,107,648 shares of the business services provider’s stock after selling 96,025 shares during the period. Parnassus Investments LLC’s holdings in Fiserv were worth $529,599,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Sound Income Strategies LLC purchased a new stake in shares of Fiserv in the third quarter valued at about $28,000. True Wealth Design LLC lifted its holdings in shares of Fiserv by 3,750.0% in the 3rd quarter. True Wealth Design LLC now owns 231 shares of the business services provider’s stock worth $30,000 after acquiring an additional 225 shares during the last quarter. Hager Investment Management Services LLC bought a new stake in Fiserv in the second quarter valued at approximately $34,000. Clear Street LLC purchased a new stake in Fiserv during the 2nd quarter valued at $34,000. Finally, Christopher J. Hasenberg Inc boosted its holdings in shares of Fiserv by 218.5% during the second quarter. Christopher J. Hasenberg Inc now owns 207 shares of the business services provider’s stock worth $36,000 after purchasing an additional 142 shares during the period. 90.98% of the stock is owned by institutional investors.

Insider Activity at Fiserv

In other Fiserv news, Director Lance M. Fritz bought 10,000 shares of the company’s stock in a transaction on Thursday, October 30th. The stock was bought at an average price of $65.18 per share, for a total transaction of $651,800.00. Following the transaction, the director owned 13,086 shares of the company’s stock, valued at approximately $852,945.48. The trade was a 324.04% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Paul M. Todd acquired 17,000 shares of Fiserv stock in a transaction dated Monday, December 1st. The shares were acquired at an average price of $62.41 per share, with a total value of $1,060,970.00. Following the completion of the purchase, the chief financial officer owned 24,453 shares in the company, valued at approximately $1,526,111.73. The trade was a 228.10% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders purchased 34,900 shares of company stock worth $2,211,971. Company insiders own 1.00% of the company’s stock.

Fiserv Price Performance

Shares of NASDAQ FISV opened at $69.85 on Friday. The firm has a market capitalization of $37.97 billion, a P/E ratio of 10.80, a PEG ratio of 2.79 and a beta of 0.80. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.08 and a current ratio of 1.08. Fiserv, Inc. has a one year low of $59.56 and a one year high of $238.59. The company’s fifty day moving average is $65.36 and its two-hundred day moving average is $113.22.

Fiserv (NASDAQ:FISV) last released its quarterly earnings data on Tuesday, March 26th. The business services provider reported $1.91 earnings per share for the quarter. Fiserv had a net margin of 17.05% and a return on equity of 19.47%. The firm had revenue of $4.32 billion for the quarter. Fiserv has set its FY 2025 guidance at 8.500-8.600 EPS. Analysts forecast that Fiserv, Inc. will post 10.23 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. Seaport Res Ptn lowered shares of Fiserv from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 29th. BNP Paribas downgraded shares of Fiserv from an “outperform” rating to a “neutral” rating and set a $62.00 price target for the company. in a research report on Wednesday, November 5th. Mizuho decreased their target price on Fiserv from $110.00 to $100.00 and set an “outperform” rating for the company in a research report on Monday, December 22nd. Citigroup lowered their price objective on shares of Fiserv from $128.00 to $75.00 and set a “neutral” rating on the stock in a research note on Thursday, October 30th. Finally, Sanford C. Bernstein cut Fiserv from an “outperform” rating to a “market perform” rating and lowered their price objective for the company from $205.00 to $80.00 in a research report on Thursday, October 30th. Ten equities research analysts have rated the stock with a Buy rating, twenty-three have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $114.42.

Trending Headlines about Fiserv

Here are the key news stories impacting Fiserv this week:

• Positive Sentiment: Partnership with Microsoft to accelerate AI adoption — Fiserv announced a strategic collaboration to deploy Microsoft 365 Copilot and Azure Foundry across its platforms and workforce, which investors view as a catalyst to improve product competitiveness, developer productivity and time-to-market for AI features. Article Title
• Positive Sentiment: New merchant analytics product (Unknown Shopper) launched — Fiserv unveiled Unknown Shopper to help merchants better understand in-store customers, expanding its merchant services and data monetization opportunities. Article Title
• Positive Sentiment: Biometric payments added to Clover checkout — Embedding biometric payments into Clover can drive differentiation and increased terminal usage among merchants, supporting revenue expansion in payments hardware/software. Article Title
• Neutral Sentiment: Analyst and market commentary on valuation and recovery potential — Several pieces assess whether the stock has bottomed and revalue Fiserv after product/AI news; these shape sentiment but don’t change fundamentals immediately. Article Title
• Negative Sentiment: Analysts expect a double‑digit profit dip in the upcoming quarter — Earnings previews warn of weaker near‑term profit, which is the primary downside risk to the rally and could pressure shares when the company reports. Article Title
• Negative Sentiment: High-profile skepticism and long-term share decline — Negative commentary (e.g., Jim Cramer) and a roughly 60%+ one‑year decline highlight investor wariness; the stock still trades well below its 200‑day average, signaling persistent risk. Article Title

About Fiserv

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.