Fiserv, Inc. (NASDAQ:FISV) COO Sells $111,646.89 in Stock

Fiserv, Inc. (NASDAQ:FISVGet Rating) COO Guy Chiarello sold 1,063 shares of the company’s stock in a transaction that occurred on Monday, January 23rd. The stock was sold at an average price of $105.03, for a total transaction of $111,646.89. Following the transaction, the chief operating officer now owns 201,623 shares in the company, valued at $21,176,463.69. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Guy Chiarello also recently made the following trade(s):

  • On Wednesday, January 18th, Guy Chiarello sold 2,937 shares of Fiserv stock. The stock was sold at an average price of $105.03, for a total transaction of $308,473.11.
  • On Tuesday, November 1st, Guy Chiarello sold 4,550 shares of Fiserv stock. The stock was sold at an average price of $103.30, for a total transaction of $470,015.00.

Fiserv Stock Down 1.7 %

Shares of FISV stock traded down $1.84 during trading hours on Tuesday, hitting $103.71. 3,218,017 shares of the company were exchanged, compared to its average volume of 2,990,361. The business has a 50 day moving average of $101.45 and a two-hundred day moving average of $101.15. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.67. Fiserv, Inc. has a 52 week low of $87.03 and a 52 week high of $110.94. The company has a market capitalization of $65.86 billion, a PE ratio of 33.09, a PEG ratio of 1.12 and a beta of 0.87.

Fiserv (NASDAQ:FISVGet Rating) last issued its quarterly earnings data on Thursday, October 27th. The business services provider reported $1.63 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.70 by ($0.07). Fiserv had a return on equity of 12.74% and a net margin of 11.98%. The company had revenue of $4.27 billion for the quarter, compared to the consensus estimate of $4.27 billion. Analysts anticipate that Fiserv, Inc. will post 6.49 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on FISV shares. The Goldman Sachs Group reduced their target price on shares of Fiserv from $123.00 to $105.00 and set a “neutral” rating on the stock in a research report on Monday, January 9th. StockNews.com started coverage on shares of Fiserv in a report on Wednesday, October 12th. They issued a “hold” rating on the stock. William Blair restated an “outperform” rating on shares of Fiserv in a report on Thursday, October 27th. Mizuho cut their price objective on shares of Fiserv from $145.00 to $135.00 and set a “buy” rating on the stock in a report on Monday, December 12th. Finally, Citigroup cut their price objective on shares of Fiserv from $122.00 to $115.00 in a report on Friday, October 28th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $120.70.

Institutional Investors Weigh In On Fiserv

Several large investors have recently made changes to their positions in FISV. Atlas Capital Advisors LLC increased its position in shares of Fiserv by 71.9% during the second quarter. Atlas Capital Advisors LLC now owns 306 shares of the business services provider’s stock worth $27,000 after acquiring an additional 128 shares in the last quarter. Legacy CG LLC bought a new position in Fiserv in the second quarter valued at $28,000. Colonial Trust Advisors bought a new position in Fiserv in the third quarter valued at $28,000. MV Capital Management Inc. grew its position in Fiserv by 58.8% in the third quarter. MV Capital Management Inc. now owns 308 shares of the business services provider’s stock valued at $29,000 after purchasing an additional 114 shares in the last quarter. Finally, Goodman Advisory Group LLC bought a new position in Fiserv in the second quarter valued at $35,000. Institutional investors own 88.79% of the company’s stock.

Fiserv Company Profile

(Get Rating)

Fiserv, Inc engages in the provision of financial services technology. It operates through the following segments: Merchant Acceptance, Financial Technology, and Payments and Network. The Merchant Acceptance segment provides commerce enabling solutions and serves merchants of all sizes around the world.

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

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