Stock Traders Buy High Volume of Put Options on Fiserv (NASDAQ:FISV)

Fiserv, Inc. (NASDAQ:FISV) saw some unusual options trading on Monday. Investors acquired 43,207 put options on the company. This is an increase of approximately 210% compared to the typical daily volume of 13,956 put options.

Fiserv Price Performance

Shares of FISV stock traded up $1.47 during mid-day trading on Monday, reaching $51.92. The stock had a trading volume of 3,172,382 shares, compared to its average volume of 7,860,112. The company has a market cap of $27.69 billion, a P/E ratio of 8.80, a price-to-earnings-growth ratio of 1.41 and a beta of 0.82. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.06. Fiserv has a 12-month low of $47.04 and a 12-month high of $168.93. The business has a 50-day simple moving average of $53.24 and a 200 day simple moving average of $58.83.

Fiserv (NASDAQ:FISV) last issued its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, beating analysts’ consensus estimates of $1.57 by $0.22. The firm had revenue of $4.67 billion for the quarter, compared to analysts’ expectations of $4.73 billion. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. Fiserv’s revenue was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, sell-side analysts anticipate that Fiserv will post 8.13 earnings per share for the current year.

Insiders Place Their Bets

In other Fiserv news, CFO Paul M. Todd bought 10,060 shares of the company’s stock in a transaction on Wednesday, June 17th. The shares were bought at an average price of $49.70 per share, for a total transaction of $499,982.00. Following the transaction, the chief financial officer owned 184,107 shares of the company’s stock, valued at approximately $9,150,117.90. This trade represents a 5.78% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.06% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Stonebridge Capital Advisors LLC lifted its stake in Fiserv by 2.3% in the 2nd quarter. Stonebridge Capital Advisors LLC now owns 4,318 shares of the business services provider’s stock valued at $744,000 after buying an additional 98 shares in the last quarter. Bison Wealth LLC increased its position in Fiserv by 5.3% during the fourth quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock worth $472,000 after buying an additional 116 shares in the last quarter. Legacy Wealth Asset Management LLC raised its holdings in shares of Fiserv by 3.3% in the second quarter. Legacy Wealth Asset Management LLC now owns 6,184 shares of the business services provider’s stock worth $303,000 after acquiring an additional 195 shares during the last quarter. SkyView Investment Advisors LLC raised its holdings in shares of Fiserv by 2.9% in the fourth quarter. SkyView Investment Advisors LLC now owns 7,052 shares of the business services provider’s stock worth $474,000 after acquiring an additional 198 shares during the last quarter. Finally, Sunbelt Securities Inc. lifted its position in shares of Fiserv by 10.4% in the first quarter. Sunbelt Securities Inc. now owns 2,290 shares of the business services provider’s stock valued at $128,000 after acquiring an additional 215 shares in the last quarter. 90.98% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts recently weighed in on FISV shares. TD Cowen dropped their price objective on Fiserv from $64.00 to $63.00 and set a “neutral” rating on the stock in a report on Tuesday, July 7th. Keefe, Bruyette & Woods decreased their target price on shares of Fiserv from $80.00 to $75.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 7th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $60.00 price target (down from $70.00) on shares of Fiserv in a report on Thursday. Citigroup reissued a “neutral” rating and set a $57.00 price objective (down from $60.00) on shares of Fiserv in a report on Friday. Finally, JPMorgan Chase & Co. lowered their target price on shares of Fiserv from $75.00 to $62.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 8th. Seven investment analysts have rated the stock with a Buy rating, twenty-seven have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, Fiserv currently has a consensus rating of “Hold” and a consensus price target of $77.23.

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.