Insider Selling: Fiserv Inc (NASDAQ:FISV) Insider Sells $1,885,000.00 in Stock

Fiserv Inc (NASDAQ:FISV) insider Jeffery W. Yabuki sold 20,000 shares of Fiserv stock in a transaction dated Wednesday, July 17th. The shares were sold at an average price of $94.25, for a total transaction of $1,885,000.00. Following the completion of the transaction, the insider now directly owns 331,429 shares of the company’s stock, valued at $31,237,183.25. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Jeffery W. Yabuki also recently made the following trade(s):

  • On Wednesday, May 15th, Jeffery W. Yabuki sold 20,000 shares of Fiserv stock. The shares were sold at an average price of $85.49, for a total transaction of $1,709,800.00.

NASDAQ:FISV opened at $95.39 on Friday. The company has a market capitalization of $38.02 billion, a PE ratio of 30.77, a P/E/G ratio of 2.34 and a beta of 0.78. The company has a debt-to-equity ratio of 2.45, a quick ratio of 1.07 and a current ratio of 1.07. The business’s 50-day moving average price is $91.16. Fiserv Inc has a 1-year low of $68.45 and a 1-year high of $97.25.

Fiserv (NASDAQ:FISV) last announced its earnings results on Tuesday, April 30th. The business services provider reported $0.84 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.82 by $0.02. The business had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.51 billion. Fiserv had a return on equity of 50.83% and a net margin of 16.81%. The firm’s revenue was up 4.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.76 earnings per share. Equities analysts forecast that Fiserv Inc will post 3.44 earnings per share for the current fiscal year.

A number of analysts have commented on FISV shares. Oppenheimer set a $12.00 price target on shares of Teva Pharmaceutical Industries and gave the stock a “buy” rating in a research report on Wednesday, June 12th. William Blair restated a “market perform” rating on shares of Standex Int’l in a report on Wednesday, May 1st. Northcoast Research downgraded shares of Illinois Tool Works from a “neutral” rating to a “sell” rating and set a $121.00 price objective on the stock. in a research report on Wednesday, June 26th. SunTrust Banks downgraded shares of Inflarx from a “buy” rating to a “hold” rating and lowered their price objective for the company from $55.00 to $5.00 in a research report on Wednesday, June 5th. Finally, Keefe, Bruyette & Woods initiated coverage on shares of Fiserv in a research report on Monday, April 8th. They issued a “market perform” rating and a $101.00 target price for the company. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and eighteen have issued a buy rating to the company. Fiserv currently has an average rating of “Buy” and a consensus target price of $93.17.

Several large investors have recently modified their holdings of FISV. Bremer Bank National Association purchased a new stake in Fiserv in the 1st quarter valued at $25,000. Sontag Advisory LLC purchased a new stake in shares of Fiserv in the 4th quarter valued at about $27,000. Parkside Financial Bank & Trust raised its holdings in shares of Fiserv by 74.4% in the 1st quarter. Parkside Financial Bank & Trust now owns 464 shares of the business services provider’s stock valued at $41,000 after acquiring an additional 198 shares in the last quarter. Glassman Wealth Services raised its holdings in shares of Fiserv by 76.9% during the 1st quarter. Glassman Wealth Services now owns 467 shares of the business services provider’s stock valued at $41,000 after buying an additional 203 shares in the last quarter. Finally, Brand Asset Management Group Inc. purchased a new position in shares of Fiserv during the 1st quarter valued at about $50,000. 87.39% of the stock is currently owned by institutional investors.

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; 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.

Featured Story: Penny Stocks, Risk and Reward Factors

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.