Fiserv Target of Unusually Large Options Trading (NASDAQ:FISV)

Fiserv, Inc. (NASDAQ:FISV) saw some unusual options trading on Monday. Traders acquired 43,207 put options on the company. This is an increase of approximately 210% compared to the typical daily volume of 13,956 put options.

Insiders Place Their Bets

In other news, CFO Paul M. Todd bought 10,060 shares of the company’s stock in a transaction on Wednesday, June 17th. The shares were acquired at an average cost of $49.70 per share, with a total value of $499,982.00. Following the completion of the transaction, the chief financial officer owned 184,107 shares of the company’s stock, valued at approximately $9,150,117.90. This trade represents a 5.78% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.06% of the company’s stock.

Institutional Investors Weigh In On Fiserv

A number of hedge funds have recently bought and sold shares of FISV. Tema ETFs LLC lifted its position in Fiserv by 16.2% during the second quarter. Tema ETFs LLC now owns 11,809 shares of the business services provider’s stock valued at $579,000 after purchasing an additional 1,645 shares during the last quarter. Handelsbanken Fonder AB increased its holdings in shares of Fiserv by 16.9% in the 2nd quarter. Handelsbanken Fonder AB now owns 176,106 shares of the business services provider’s stock worth $8,638,000 after buying an additional 25,477 shares during the last quarter. Fulton Bank N.A. raised its position in shares of Fiserv by 22.3% during the 2nd quarter. Fulton Bank N.A. now owns 29,492 shares of the business services provider’s stock valued at $1,447,000 after buying an additional 5,386 shares in the last quarter. Atlas Brown Inc. purchased a new stake in shares of Fiserv during the 2nd quarter valued at about $232,000. Finally, Legacy Wealth Asset Management LLC lifted its holdings in shares of Fiserv by 3.3% in the 2nd quarter. Legacy Wealth Asset Management LLC now owns 6,184 shares of the business services provider’s stock valued at $303,000 after acquiring an additional 195 shares during the last quarter. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Wall Street Analysts Forecast Growth

FISV has been the topic of several recent research reports. Raymond James Financial reiterated a “market perform” rating on shares of Fiserv in a research note on Tuesday, July 7th. Susquehanna restated a “positive” rating and set a $91.00 target price (down from $99.00) on shares of Fiserv in a research report on Monday, May 4th. UBS Group set a $65.00 target price on shares of Fiserv and gave the company a “neutral” rating in a report on Wednesday, May 6th. Cantor Fitzgerald dropped their price target on shares of Fiserv from $70.00 to $62.00 and set a “neutral” rating on the stock in a research note on Monday, May 11th. Finally, Loop Capital cut their price objective on shares of Fiserv from $63.00 to $62.00 and set a “hold” rating for the company in a research report on Friday, May 15th. Seven analysts have rated the stock with a Buy rating, twenty-seven have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, Fiserv has a consensus rating of “Hold” and an average price target of $77.23.

Fiserv Stock Down 3.2%

FISV opened at $49.54 on Wednesday. The firm has a 50-day simple moving average of $52.86 and a two-hundred day simple moving average of $58.59. Fiserv has a 52 week low of $47.04 and a 52 week high of $168.01. The company has a market capitalization of $26.42 billion, a PE ratio of 8.40, a price-to-earnings-growth ratio of 1.43 and a beta of 0.82. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.06.

Fiserv (NASDAQ:FISV) last issued its earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.22. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The firm had revenue of $4.67 billion for the quarter, compared to analysts’ expectations of $4.73 billion. Fiserv’s revenue for the quarter was down 2.0% compared to the same quarter last year. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Analysts forecast that Fiserv will post 8.13 earnings per share for the current fiscal year.

Fiserv Company Profile

Fiserv, Inc, founded in 1984 and headquartered in Brookfield, Wisconsin, is a global provider of financial services technology. The company develops and delivers integrated solutions for payments, processing, risk and compliance, customer and channel management, and business insights and optimization. Serving thousands of clients, Fiserv supports banks, credit unions, securities broker-dealers, leasing and finance companies, and retailers.

Fiserv’s core offerings include account processing systems that automate deposit, lending and transaction processing for financial institutions, as well as digital banking platforms that enable mobile and online banking services.