Fiserv Inc (FISV) CEO Jeffery W. Yabuki Sells 11,000 Shares of Stock
Fiserv Inc (NASDAQ:FISV) CEO Jeffery W. Yabuki sold 11,000 shares of Fiserv stock in a transaction on Thursday, January 21st. The shares were sold at an average price of $88.19, for a total value of $970,090.00. Following the completion of the transaction, the chief executive officer now owns 303,799 shares in the company, valued at $26,792,033.81. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.
A number of analysts have recently weighed in on FISV shares. Cowen and Company started coverage on Fiserv in a research report on Wednesday, September 30th. They issued a “market perform” rating and a $83.00 price objective for the company. Zacks Investment Research cut Fiserv from a “buy” rating to a “hold” rating in a research report on Thursday, January 7th. Topeka Capital Markets raised their price objective on Fiserv from $83.00 to $87.00 and gave the stock a “hold” rating in a research report on Wednesday, October 28th. Credit Suisse started coverage on Fiserv in a research report on Thursday, December 10th. They issued a “neutral” rating and a $100.00 price objective for the company. Finally, SunTrust raised their price objective on Fiserv to $106.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 28th. Fourteen research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $91.00.
Fiserv Inc (NASDAQ:FISV) opened at 91.49 on Monday. The company has a 50 day moving average price of $91.40 and a 200 day moving average price of $90.21. The stock has a market cap of $20.91 billion and a price-to-earnings ratio of 31.33. Fiserv Inc has a 52 week low of $71.78 and a 52 week high of $97.76.
A number of large investors have recently made changes to their positions in FISV. Creative Planning purchased a new stake in shares of Fiserv during the fourth quarter worth approximately $0. Mizuho Asset Management Co. Ltd. increased its stake in shares of Fiserv by 30.7% in the fourth quarter. Mizuho Asset Management Co. Ltd. now owns 3,267 shares of the company’s stock worth $299,000 after buying an additional 767 shares during the last quarter. Natixis Asset Management purchased a new stake in shares of Fiserv during the third quarter worth approximately $448,000. Newman Dignan & Sheerar increased its stake in shares of Fiserv by 2.0% in the fourth quarter. Newman Dignan & Sheerar now owns 5,175 shares of the company’s stock worth $473,000 after buying an additional 100 shares during the last quarter. Finally, Alpha Capital Management purchased a new stake in shares of Fiserv during the fourth quarter worth approximately $1,317,000.
Fiserv, Inc. (NASDAQ:FISV) is a global provider of financial services technology. The Company provides account processing systems; electronic payments processing products and services, and related services, including document and payment card production and distribution, check processing and imaging, source capture systems, and lending and risk management products and services. The Company’s Payments and Industry Products segment primarily provides debit, credit and prepaid card processing and services, electronic bill payment and presentment services, Internet and mobile banking software and services, person-to-person payment services, and other electronic payments software and services. The Company’s Financial Institution Services business segment provides account processing services, item processing and source capture services, loan origination and servicing products, cash management and consulting services.

Frustrated with your broker? Are you tired of paying high fees? Do you feel like you are getting ripped off by your stock broker? It's time for a change. Find out which brokerage is best for your personal trading style at the InvestorPlace Broker Center. Compare brokers at a glance in the InvestorPlace Broker Center (Click Here).
Receive News & Ratings for Fiserv Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fiserv Inc and related companies with MarketBeat.com's FREE daily email newsletter.






