Fiserv Inc (NASDAQ:FISV) CEO Jeffery W. Yabuki sold 25,000 shares of the company’s stock in a transaction on Wednesday, September 18th. The stock was sold at an average price of $103.67, for a total transaction of $2,591,750.00. Following the transaction, the chief executive officer now owns 271,229 shares of the company’s stock, valued at approximately $28,118,310.43. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

NASDAQ FISV traded up $0.11 during trading hours on Friday, reaching $105.02. The company’s stock had a trading volume of 1,694,439 shares, compared to its average volume of 3,304,168. The stock has a market cap of $41.19 billion, a PE ratio of 33.88, a PEG ratio of 2.28 and a beta of 0.79. Fiserv Inc has a fifty-two week low of $68.45 and a fifty-two week high of $109.92. The company’s 50-day moving average is $105.49 and its two-hundred day moving average is $93.07. The company has a debt-to-equity ratio of 5.40, a quick ratio of 4.97 and a current ratio of 4.97.

Fiserv (NASDAQ:FISV) last issued its quarterly earnings data on Thursday, July 25th. The business services provider reported $0.82 EPS for the quarter, beating the Zacks’ consensus estimate of $0.80 by $0.02. Fiserv had a net margin of 16.08% and a return on equity of 53.08%. The firm had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.50 billion. During the same period in the prior year, the company earned $0.75 EPS. The firm’s revenue was up 6.5% on a year-over-year basis. Equities analysts expect that Fiserv Inc will post 3.83 earnings per share for the current fiscal year.

Several institutional investors have recently added to or reduced their stakes in FISV. SG Americas Securities LLC boosted its stake in shares of Fiserv by 177.5% during the 1st quarter. SG Americas Securities LLC now owns 4,463 shares of the business services provider’s stock worth $394,000 after purchasing an additional 2,855 shares during the last quarter. Cornerstone Advisors Inc. boosted its stake in shares of Fiserv by 147.8% during the 1st quarter. Cornerstone Advisors Inc. now owns 2,245 shares of the business services provider’s stock worth $198,000 after purchasing an additional 1,339 shares during the last quarter. First Allied Advisory Services Inc. acquired a new stake in shares of Fiserv during the 1st quarter worth about $223,000. Stratos Wealth Partners LTD. boosted its stake in shares of Fiserv by 3.4% during the 1st quarter. Stratos Wealth Partners LTD. now owns 6,113 shares of the business services provider’s stock worth $540,000 after purchasing an additional 200 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. boosted its stake in shares of Fiserv by 2.2% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 80,565 shares of the business services provider’s stock worth $7,112,000 after purchasing an additional 1,750 shares during the last quarter.

FISV has been the subject of a number of research analyst reports. Deutsche Bank upgraded shares of Fiserv from a “hold” rating to a “buy” rating and increased their price target for the company from $100.00 to $120.00 in a report on Tuesday, July 30th. Royal Bank of Canada set a $106.00 price target on shares of Fiserv and gave the company a “buy” rating in a report on Friday, July 26th. Atlantic Securities initiated coverage on shares of Fiserv in a report on Tuesday, September 3rd. They issued a “neutral” rating and a $131.00 price target for the company. Wedbush increased their price target on shares of Fiserv from $95.00 to $105.00 and gave the company an “outperform” rating in a report on Monday, July 15th. Finally, SunTrust Banks upgraded shares of Fiserv from a “hold” rating to a “buy” rating and increased their price target for the company from $91.00 to $100.00 in a report on Wednesday, June 5th. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and twenty-one have assigned a buy rating to the company. Fiserv has an average rating of “Buy” and a consensus target price of $102.88.

Fiserv Company Profile

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; Internet and 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.

Further Reading: What causes a yield curve to invert?

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

Receive News & Ratings for Fiserv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fiserv and related companies with MarketBeat.com's FREE daily email newsletter.