Paul Todd Purchases 10,060 Shares of Fiserv (NASDAQ:FISV) Stock

Fiserv, Inc. (NASDAQ:FISV) CFO Paul Todd acquired 10,060 shares of the stock in a transaction dated Wednesday, June 17th. The shares were bought at an average cost of $49.70 per share, with a total value of $499,982.00. Following the completion of the purchase, the chief financial officer directly owned 184,107 shares in the company, valued at approximately $9,150,117.90. This trade represents a 5.78% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Fiserv Stock Performance

Shares of FISV opened at $47.86 on Friday. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.06. The firm has a market capitalization of $25.52 billion, a P/E ratio of 8.11, a price-to-earnings-growth ratio of 1.34 and a beta of 0.79. The stock’s fifty day simple moving average is $56.56 and its 200 day simple moving average is $60.66. Fiserv, Inc. has a twelve month low of $47.37 and a twelve month high of $177.36.

Fiserv (NASDAQ:FISV) last posted its quarterly 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. The firm had revenue of $4.67 billion during the quarter, compared to the consensus estimate of $4.73 billion. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The business’s revenue for the quarter 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, equities research analysts forecast that Fiserv, Inc. will post 8.14 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on FISV shares. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Fiserv from $63.00 to $60.00 in a research report on Monday, May 11th. Royal Bank Of Canada set a $75.00 price target on Fiserv and gave the company an “outperform” rating in a report on Wednesday, May 6th. Loop Capital cut their price objective on Fiserv from $63.00 to $62.00 and set a “hold” rating on the stock in a research report on Friday, May 15th. Robert W. Baird set a $78.00 price objective on Fiserv in a research note on Wednesday, May 6th. Finally, Truist Financial set a $58.00 target price on Fiserv and gave the stock a “hold” rating in a research report on Friday, May 29th. Nine equities 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.com, Fiserv has an average rating of “Hold” and an average price target of $82.23.

Hedge Funds Weigh In On Fiserv

Several institutional investors and hedge funds have recently made changes to their positions in FISV. Oakworth Capital Inc. acquired a new position in Fiserv during the 4th quarter worth $25,000. Private Wealth Asset Management LLC acquired a new stake in shares of Fiserv in the 4th quarter valued at about $25,000. American National Bank & Trust bought a new position in shares of Fiserv during the fourth quarter worth about $27,000. Kimelman & Baird LLC bought a new position in shares of Fiserv during the fourth quarter worth about $27,000. Finally, Goodman Advisory Group LLC acquired a new position in Fiserv in the fourth quarter worth about $27,000. 90.98% of the stock is currently owned by hedge funds and other institutional investors.

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.