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

Fiserv, Inc. (NASDAQ:FISV) CFO Paul Todd purchased 10,060 shares of the business’s stock in a transaction 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 acquisition, the chief financial officer owned 184,107 shares in the company, valued at approximately $9,150,117.90. This represents a 5.78% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Fiserv Price Performance

NASDAQ FISV traded down $0.91 during trading on Thursday, reaching $47.86. 13,340,922 shares of the company traded hands, compared to its average volume of 7,875,312. The stock’s 50 day moving average price is $56.88 and its two-hundred day moving average price is $60.85. 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 price-to-earnings ratio of 8.11, a P/E/G ratio of 1.39 and a beta of 0.79. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.06 and a current ratio of 1.06.

Fiserv (NASDAQ:FISV) last posted its earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.22. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The company had revenue of $4.67 billion during the quarter, compared to analysts’ expectations of $4.73 billion. The business’s revenue for the quarter was down 2.0% compared to the same quarter last year. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. As a group, analysts anticipate that Fiserv, Inc. will post 8.14 EPS for the current year.

Analyst Ratings Changes

Several analysts have commented on FISV shares. Wells Fargo & Company dropped their target price on shares of Fiserv from $72.00 to $62.00 and set an “equal weight” rating on the stock in a report on Friday, March 27th. UBS Group set a $65.00 price target on Fiserv and gave the company a “neutral” rating in a research report on Wednesday, May 6th. The Goldman Sachs Group lowered their price objective on shares of Fiserv from $79.00 to $70.00 and set a “neutral” rating on the stock in a research note on Monday, April 13th. B. Riley Financial cut their price target on Fiserv from $69.00 to $66.00 and set a “neutral” rating for the company in a report on Wednesday, May 6th. Finally, Cantor Fitzgerald lowered their price target on shares of Fiserv from $70.00 to $62.00 and set a “neutral” rating on the stock in a research report on Monday, May 11th. Nine equities research analysts have rated the stock with a Buy rating, twenty-five have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $82.23.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. Stonebridge Capital Advisors LLC lifted its position in shares of Fiserv by 2.3% during the 2nd quarter. Stonebridge Capital Advisors LLC now owns 4,318 shares of the business services provider’s stock worth $744,000 after buying an additional 98 shares in the last quarter. Bison Wealth LLC raised its stake in Fiserv by 5.3% in the 4th quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock valued at $472,000 after acquiring an additional 116 shares during the period. ROI Financial Advisors LLC lifted 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 valued at $241,000 after buying an additional 175 shares in the last quarter. WASHINGTON TRUST Co boosted its holdings in shares of 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 during the period. Finally, Notis McConarty Edward grew its holdings in Fiserv by 0.5% during the 3rd quarter. Notis McConarty Edward now owns 35,840 shares of the business services provider’s stock valued at $4,621,000 after buying an additional 185 shares in the last quarter. Institutional investors own 90.98% of the company’s stock.

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.