Assenagon Asset Management S.A. Makes New Investment in Fiserv, Inc. $FISV

Assenagon Asset Management S.A. purchased a new position in shares of Fiserv, Inc. (NASDAQ:FISV) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 1,418,377 shares of the business services provider’s stock, valued at approximately $79,145,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Legal Advantage Investments Inc. bought a new stake in Fiserv during the first quarter valued at approximately $4,692,000. Cidel Asset Management Inc. purchased a new stake in Fiserv in the first quarter worth about $309,000. Coerente Capital Management boosted its holdings in shares of Fiserv by 76.2% during the 1st quarter. Coerente Capital Management now owns 180,310 shares of the business services provider’s stock valued at $10,061,000 after buying an additional 77,984 shares in the last quarter. Steph & Co. boosted its position in shares of Fiserv by 51.9% in the 1st quarter. Steph & Co. now owns 3,895 shares of the business services provider’s stock worth $217,000 after purchasing an additional 1,330 shares in the last quarter. Finally, Krilogy Financial LLC grew its position in Fiserv by 52.0% during the 1st quarter. Krilogy Financial LLC now owns 7,485 shares of the business services provider’s stock valued at $418,000 after purchasing an additional 2,561 shares during the last quarter. 90.98% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Fiserv

In other news, CFO Paul M. Todd acquired 10,060 shares of the business’s stock in a transaction on Wednesday, June 17th. The stock was bought at an average cost of $49.70 per share, for a total transaction of $499,982.00. Following the purchase, 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 legal filing with the SEC, which is available through this hyperlink. Insiders own 0.06% of the company’s stock.

Key Fiserv News

Here are the key news stories impacting Fiserv this week:

• Positive Sentiment: Fiserv announced a partnership with Strivve to enhance card-on-file placement for issuers, a potentially revenue-accretive move that could support payment volumes and strengthen its issuer solutions platform. Fiserv and Strivve Partner to Drive Card-on-File Placement for Issuers
• Positive Sentiment: The company reported strong insider buying over the past six months, including purchases by senior executives, which can be interpreted as management confidence in the stock’s long-term value.
• Positive Sentiment: Fiserv completed tender offers for its 2027 and 2049 senior notes, a capital-structure step that may reduce debt and interest expense if the buyback is fully executed. Fiserv Announces Results of Tender Offers for Any and All of its Outstanding 5.150% Senior Notes due 2027 and 4.400% Senior Notes due 2049
• Neutral Sentiment: Fiserv reiterated FY 2026 EPS guidance of 8.00 to 8.30, which is roughly in line with Wall Street expectations and does not appear to be a major new catalyst.
• Neutral Sentiment: Coverage and commentary from Seeking Alpha, Yahoo Finance, and other outlets focused on whether the stock’s recent weakness is creating a buying opportunity, but did not add a clear new operational catalyst. Undercovered Dozen: Blue Owl, IBM, Quantum Computing, Fiserv And More
• Negative Sentiment: Analyst sentiment remains cautious, with Truist reiterating a Hold rating and having previously cut its price target, adding to concerns around near-term upside.
• Negative Sentiment: Short-interest chatter showed little actionable improvement, while the stock remains near its 52-week low and well below its 50-day and 200-day moving averages, underscoring persistent bearish momentum.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on FISV. Raymond James Financial lowered shares of Fiserv from an “outperform” rating to a “market perform” rating in a research note on Thursday, March 26th. B. Riley Financial cut their price objective on Fiserv from $69.00 to $66.00 and set a “neutral” rating for the company in a research report on Wednesday, May 6th. BMO Capital Markets upped their price objective on Fiserv from $55.00 to $60.00 and gave the company a “market perform” rating in a research report on Friday, May 15th. UBS Group set a $65.00 price target on Fiserv and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. Finally, Cantor Fitzgerald dropped their price target on Fiserv from $70.00 to $62.00 and set a “neutral” rating on the stock in a research report on Monday, May 11th. Nine research analysts have rated the stock with a Buy rating, twenty-five have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $82.23.

Fiserv Price Performance

NASDAQ FISV opened at $47.53 on Friday. Fiserv, Inc. has a 1 year low of $47.04 and a 1 year high of $175.92. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.06 and a quick ratio of 1.06. The company has a market cap of $25.35 billion, a price-to-earnings ratio of 8.06, a PEG ratio of 1.35 and a beta of 0.79. The stock’s fifty day moving average price is $55.76 and its 200 day moving average price is $60.14.

Fiserv (NASDAQ:FISV) last released its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, beating the consensus estimate of $1.57 by $0.22. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The business had revenue of $4.67 billion for the quarter, compared to the consensus estimate of $4.73 billion. The firm’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, equities research analysts forecast that Fiserv, Inc. will post 8.14 earnings per share for the current year.

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.