Somewhat Favorable News Coverage Somewhat Unlikely to Affect Fiserv (FISV) Share Price
Headlines about Fiserv (NASDAQ:FISV) have been trending somewhat positive recently, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Fiserv earned a news sentiment score of 0.15 on Accern’s scale. Accern also gave press coverage about the business services provider an impact score of 46.7753733497385 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the media headlines that may have effected Accern’s rankings:
- Fiserv (FISV) Set to Announce Earnings on Tuesday (americanbankingnews.com)
- Fiserv (FISV) Earns “Buy” Rating from Guggenheim (americanbankingnews.com)
- Fiserv (FISV) Price Target Raised to $160.00 (americanbankingnews.com)
- Fiserv Inc (FISV) Receives Average Recommendation of “Hold” from Analysts (americanbankingnews.com)
- Barometer Capital Management Lifted Fiserv (FISV) Stake By $675200; 1 Analysts Are Bullish ALLETE, Inc. (ALE) Last … – Hill Country Times (hillcountrytimes.com)
A number of equities research analysts have weighed in on FISV shares. Zacks Investment Research lowered shares of Fiserv from a “hold” rating to a “sell” rating in a report on Wednesday, October 4th. Royal Bank of Canada reissued a “hold” rating and set a $128.00 target price on shares of Fiserv in a report on Sunday, October 8th. Robert W. Baird reaffirmed an “outperform” rating and issued a $146.00 price objective (up from $136.00) on shares of Fiserv in a research note on Tuesday, October 10th. Cowen reaffirmed a “hold” rating and issued a $115.00 price objective on shares of Fiserv in a research note on Thursday, October 12th. Finally, Cantor Fitzgerald reaffirmed a “hold” rating and issued a $126.00 price objective on shares of Fiserv in a research note on Wednesday, November 1st. Ten research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Fiserv presently has an average rating of “Hold” and a consensus target price of $136.25.
In related news, insider Jeffery W. Yabuki sold 17,000 shares of the business’s stock in a transaction on Thursday, December 21st. The shares were sold at an average price of $131.18, for a total transaction of $2,230,060.00. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Byron C. Vielehr sold 10,000 shares of the business’s stock in a transaction on Friday, December 15th. The shares were sold at an average price of $131.03, for a total transaction of $1,310,300.00. Following the transaction, the insider now owns 19,719 shares in the company, valued at approximately $2,583,780.57. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 49,439 shares of company stock worth $6,605,353. Insiders own 1.80% of the company’s stock.
Fiserv, Inc is a provider of financial services technology. The Company provides account processing systems; electronic payments processing products and services, such as electronic bill payments, transaction processing, account-to-account transfers, and person-to-person payments; Internet and mobile banking systems, and related services, including document and payment card production and distribution, and lending and risk management products and services.
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