Fiserv Target of Unusually High Options Trading (NASDAQ:FISV)

Fiserv, Inc. (NASDAQ:FISV) was the recipient of some unusual options trading on Monday. Stock traders bought 24,653 put options on the stock. This represents an increase of 65% compared to the average daily volume of 14,977 put options.

Institutional Investors Weigh In On Fiserv

Institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. purchased a new position in Fiserv in the fourth quarter valued at about $3,507,063,000. Dodge & Cox purchased a new position in Fiserv in the fourth quarter valued at about $3,323,210,000. State Street Corp purchased a new position in Fiserv in the fourth quarter valued at about $1,588,663,000. Geode Capital Management LLC purchased a new position in Fiserv in the fourth quarter valued at about $854,215,000. Finally, Amundi purchased a new position in Fiserv in the fourth quarter valued at about $825,819,000. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on FISV shares. BNP Paribas Exane lowered Fiserv from a “neutral” rating to an “underperform” rating and set a $46.00 target price for the company. in a research note on Friday, June 5th. Royal Bank Of Canada set a $75.00 target price on Fiserv and gave the company an “outperform” rating in a research note on Wednesday, May 6th. Wells Fargo & Company dropped their price target on Fiserv from $72.00 to $62.00 and set an “equal weight” rating for the company in a research note on Friday, March 27th. Morgan Stanley upped their price target on Fiserv from $64.00 to $65.00 and gave the stock an “equal weight” rating in a research note on Friday, May 29th. Finally, Citigroup dropped their price target on Fiserv from $68.00 to $60.00 and set a “neutral” rating for the company in a research note on Thursday, April 9th. Nine equities research analysts have rated the stock with a Buy rating, twenty-five have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $82.23.

Fiserv Stock Down 11.8%

Shares of NASDAQ FISV traded down $6.33 on Monday, hitting $47.45. The company had a trading volume of 19,901,698 shares, compared to its average volume of 7,618,255. Fiserv has a 12-month low of $47.44 and a 12-month high of $177.36. The business has a 50 day moving average of $57.33 and a two-hundred day moving average of $61.10. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.06. The firm has a market capitalization of $25.30 billion, a P/E ratio of 8.04, a PEG ratio of 1.51 and a beta of 0.80.

Fiserv (NASDAQ:FISV) last issued its earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.22. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The company had revenue of $4.68 billion during the quarter, compared to the consensus estimate of $4.73 billion. The company’s revenue 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 will post 8.14 earnings per share for the current fiscal year.

More Fiserv News

Here are the key news stories impacting Fiserv this week:

• Negative Sentiment: Investors appear to be reacting to the surprise CEO departure, which creates near-term uncertainty around strategy, execution, and leadership continuity at Fiserv. Fiserv Announces Leadership Transition
• Negative Sentiment: Analysts and market commentary suggest the company has been “strategically adrift,” reinforcing concerns that the management shake-up may not immediately improve investor confidence. MarketWatch article
• Neutral Sentiment: Fiserv said the leadership transition is effective immediately and reiterated its full-year outlook, which may help limit further downside if investors view the move as a governance change rather than a deterioration in fundamentals. Fiserv Names Takis Georgakopoulos CEO as Mike Lyons Moves to Truist
• Neutral Sentiment: Options activity also spiked, with elevated put buying indicating traders are positioning for continued volatility or further downside in the stock.

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.