Legal Advantage Investments Inc. Buys New Position in Fiserv, Inc. $FISV

Legal Advantage Investments Inc. bought a new stake in Fiserv, Inc. (NASDAQ:FISV) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 84,080 shares of the business services provider’s stock, valued at approximately $4,692,000. Fiserv makes up 2.4% of Legal Advantage Investments Inc.’s portfolio, making the stock its 12th largest holding.

A number of other large investors have also recently bought and sold shares of the company. WFA of San Diego LLC acquired a new position in Fiserv during the second quarter worth $55,000. Oakworth Capital Inc. acquired a new stake in Fiserv in the 4th quarter valued at $25,000. Private Wealth Asset Management LLC acquired a new stake in Fiserv in the 4th quarter valued at $25,000. Goodman Advisory Group LLC bought a new stake in Fiserv during the 4th quarter worth about $27,000. Finally, Tripletail Wealth Management LLC bought a new stake in Fiserv during the 4th quarter worth about $27,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

Insider Activity

In other Fiserv news, CFO Paul M. Todd acquired 10,060 shares of the business’s stock in a transaction dated Wednesday, June 17th. The stock was bought 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 directly owned 184,107 shares in the company, valued at approximately $9,150,117.90. This represents a 5.78% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.06% of the stock is currently owned by insiders.

Fiserv Stock Up 0.3%

Fiserv stock opened at $47.30 on Wednesday. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.06 and a quick ratio of 1.06. The company’s 50-day moving average is $56.20 and its 200-day moving average is $60.40. The firm has a market capitalization of $25.22 billion, a PE ratio of 8.02, a P/E/G ratio of 1.32 and a beta of 0.79. Fiserv, Inc. has a fifty-two week low of $47.04 and a fifty-two week high of $177.36.

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, beating the consensus estimate of $1.57 by $0.22. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The business had revenue of $4.67 billion during the quarter, compared to the consensus estimate of $4.73 billion. The firm’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. Sell-side analysts anticipate that Fiserv, Inc. will post 8.14 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have recently weighed in on FISV shares. Wells Fargo & Company decreased their price objective on Fiserv from $72.00 to $62.00 and set an “equal weight” rating for the company in a report on Friday, March 27th. Rothschild & Co Redburn dropped their target price on Fiserv from $50.00 to $40.00 and set a “sell” rating on the stock in a report on Tuesday, May 12th. Raymond James Financial cut Fiserv from an “outperform” rating to a “market perform” rating in a research report on Thursday, March 26th. Royal Bank Of Canada set a $75.00 price target on Fiserv and gave the company an “outperform” rating in a research note on Wednesday, May 6th. Finally, Morgan Stanley boosted their price target on Fiserv from $64.00 to $65.00 and gave the stock an “equal weight” rating in a research report on Friday, May 29th. Nine analysts have rated the stock with a Buy rating, twenty-five have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $82.23.

About Fiserv

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.