Cardano Risk Management B.V. purchased a new position in Fiserv, Inc. (NASDAQ:FISV – Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 219,365 shares of the business services provider’s stock, valued at approximately $12,241,000.
Several other institutional investors and hedge funds have also made changes to their positions in the stock. Blue Trust Inc. acquired a new stake in shares of Fiserv during the first quarter valued at $93,000. Fifth Third Wealth Advisors LLC acquired a new position in Fiserv in the 1st quarter valued at about $289,000. OP Asset Management Ltd purchased a new position in Fiserv in the 1st quarter valued at about $3,115,000. Assenagon Asset Management S.A. purchased a new position in Fiserv in the 1st quarter valued at about $79,145,000. Finally, Legal Advantage Investments Inc. acquired a new stake in shares of Fiserv during the 1st quarter worth about $4,692,000. 90.98% of the stock is currently owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In related news, CFO Paul M. Todd purchased 10,060 shares of the firm’s stock in a transaction on Wednesday, June 17th. The shares were bought at an average price of $49.70 per share, for a total transaction of $499,982.00. Following the acquisition, the chief financial officer directly owned 184,107 shares in the company, valued at $9,150,117.90. This trade represents a 5.78% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at this link. 0.06% of the stock is currently owned by corporate insiders.
Analyst Ratings Changes
Fiserv Trading Up 1.9%
NASDAQ FISV opened at $48.19 on Thursday. The company has a market cap of $25.70 billion, a P/E ratio of 8.17, a P/E/G ratio of 1.32 and a beta of 0.79. Fiserv, Inc. has a 12 month low of $47.04 and a 12 month high of $175.92. 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 has a 50-day moving average of $55.99 and a 200-day moving average of $60.27.
Fiserv (NASDAQ:FISV – Get Free Report) last released 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 net margin of 15.17% and a return on equity of 17.46%. The business had revenue of $4.67 billion for the quarter, compared to analysts’ expectations of $4.73 billion. Fiserv’s quarterly revenue was down 2.0% compared to the same quarter last year. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. As a group, equities analysts predict that Fiserv, Inc. will post 8.14 earnings per share for the current year.
Fiserv News Roundup
Here are the key news stories impacting Fiserv this week:
- Positive Sentiment: Fiserv announced a new partnership with Strivve to improve card-on-file placement for issuer clients on its Optis platform, a move that could support higher transaction volumes and interchange revenue. Fiserv and Strivve Partner to Drive Card-on-File Placement for Issuers
- Positive Sentiment: The company reported strong insider buying over the past six months, with multiple executives purchasing shares, which can signal management confidence in the stock’s longer-term outlook.
- Positive Sentiment: Fiserv completed the pricing and then the results of its tender offers for senior notes due 2027 and 2049, with more than $1.33 billion tendered. Investors may view the debt-management effort as supportive of the balance sheet if it reduces future interest costs.
- Neutral Sentiment: Fiserv also updated FY 2026 EPS guidance to $8.00-$8.30, which brackets the consensus estimate of $8.14 and suggests management is not materially changing its outlook.
- Neutral Sentiment: Commentary from analysts remains mixed, with Truist reiterating a Hold and other recent price targets implying upside from current levels, but not enough to fully offset near-term caution.
- Negative Sentiment: Investor sentiment remains pressured after a judge denied Fiserv’s motion to dismiss a credit-union lawsuit alleging breach of contract, security misrepresentation, and improper fees, adding legal overhang to the stock. Judge Denies Fiserv Motion to Dismiss Credit Union Lawsuit
- Negative Sentiment: Broader commentary around “short-term pessimism” and the stock’s proximity to its 52-week low reflects ongoing concern about Fiserv’s near-term execution and share-price weakness. Is The Short Term Pessimism In Fiserv (FISV) A Buying Opportunity Near Its 52-Week Low
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.
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