Jeffery W. Yabuki Sells 50,000 Shares of Fiserv Inc (FISV) Stock

Fiserv Inc (NASDAQ:FISV) insider Jeffery W. Yabuki sold 50,000 shares of Fiserv stock in a transaction that occurred on Wednesday, November 21st. The shares were sold at an average price of $76.94, for a total value of $3,847,000.00. Following the completion of the transaction, the insider now owns 471,157 shares in the company, valued at $36,250,819.58. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Shares of Fiserv stock traded up $0.54 during trading on Monday, reaching $77.41. The company’s stock had a trading volume of 2,067,500 shares, compared to its average volume of 1,937,997. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.01 and a quick ratio of 1.01. Fiserv Inc has a 12-month low of $62.76 and a 12-month high of $82.79. The company has a market cap of $30.63 billion, a PE ratio of 30.16, a price-to-earnings-growth ratio of 2.13 and a beta of 0.79.

Fiserv (NASDAQ:FISV) last posted its quarterly earnings results on Wednesday, October 31st. The business services provider reported $0.75 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.77 by ($0.02). Fiserv had a net margin of 25.00% and a return on equity of 44.31%. The business had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.44 billion. During the same quarter last year, the firm earned $1.27 earnings per share. The firm’s quarterly revenue was up .9% compared to the same quarter last year. On average, equities research analysts anticipate that Fiserv Inc will post 3.13 EPS for the current fiscal year.

FISV has been the topic of several analyst reports. Cantor Fitzgerald reiterated a “hold” rating and issued a $73.00 target price on shares of Fiserv in a research note on Wednesday, August 1st. SunTrust Banks lifted their target price on Fiserv to $87.00 and gave the company a “buy” rating in a research note on Wednesday, August 1st. Deutsche Bank lifted their target price on Fiserv from $63.50 to $71.00 and gave the company a “hold” rating in a research note on Wednesday, August 1st. Citigroup lifted their target price on Fiserv from $72.00 to $76.00 and gave the company a “neutral” rating in a research note on Thursday, August 2nd. Finally, Zacks Investment Research upgraded Fiserv from a “hold” rating to a “buy” rating and set a $84.00 target price on the stock in a research note on Friday, August 3rd. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $80.57.

Institutional investors have recently bought and sold shares of the stock. Delaney Dennis R boosted its stake in shares of Fiserv by 3.2% in the third quarter. Delaney Dennis R now owns 31,050 shares of the business services provider’s stock valued at $2,558,000 after buying an additional 960 shares in the last quarter. Macquarie Group Ltd. boosted its stake in shares of Fiserv by 1.6% in the second quarter. Macquarie Group Ltd. now owns 284,676 shares of the business services provider’s stock valued at $21,092,000 after buying an additional 4,444 shares in the last quarter. Cullinan Associates Inc. boosted its stake in shares of Fiserv by 8.5% in the third quarter. Cullinan Associates Inc. now owns 97,502 shares of the business services provider’s stock valued at $8,032,000 after buying an additional 7,670 shares in the last quarter. Findlay Park Partners LLP boosted its stake in shares of Fiserv by 27.1% in the second quarter. Findlay Park Partners LLP now owns 1,525,000 shares of the business services provider’s stock valued at $112,987,000 after buying an additional 325,000 shares in the last quarter. Finally, Commonwealth Bank of Australia raised its holdings in Fiserv by 40.2% during the second quarter. Commonwealth Bank of Australia now owns 30,817 shares of the business services provider’s stock worth $2,279,000 after purchasing an additional 8,843 shares during the last quarter. Hedge funds and other institutional investors own 88.76% of the company’s stock.

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About Fiserv

Fiserv, Inc, together with its subsidiaries, provides financial services technology worldwide. The company's Payments and Industry Products segment provides electronic bill payment and presentment services; mobile banking software and services; account-to-account transfers; person-to-person payment services; debit and credit card processing and services; payments infrastructure services; and other electronic payments software and services.

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Insider Buying and Selling by Quarter for Fiserv (NASDAQ:FISV)

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