Fiserv, Inc. (NYSE:FI – Get Free Report) COO Guy Chiarello sold 24,000 shares of the company’s stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $164.97, for a total transaction of $3,959,280.00. Following the completion of the sale, the chief operating officer now owns 163,699 shares of the company’s stock, valued at approximately $27,005,424.03. The sale was disclosed in a filing with the SEC, which is accessible through this link.
Guy Chiarello also recently made the following trade(s):
- On Monday, July 15th, Guy Chiarello sold 24,000 shares of Fiserv stock. The shares were sold at an average price of $154.86, for a total transaction of $3,716,640.00.
- On Monday, June 17th, Guy Chiarello sold 24,000 shares of Fiserv stock. The shares were sold at an average price of $148.47, for a total transaction of $3,563,280.00.
Fiserv Price Performance
Shares of Fiserv stock opened at $167.32 on Friday. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.06 and a quick ratio of 1.06. Fiserv, Inc. has a fifty-two week low of $109.11 and a fifty-two week high of $167.43. The firm has a fifty day moving average price of $154.72 and a two-hundred day moving average price of $152.27. The company has a market cap of $97.90 billion, a PE ratio of 31.27, a price-to-earnings-growth ratio of 1.31 and a beta of 0.92.
Analyst Ratings Changes
A number of equities research analysts have issued reports on FI shares. Robert W. Baird increased their target price on shares of Fiserv from $185.00 to $186.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 24th. UBS Group increased their target price on shares of Fiserv from $170.00 to $185.00 and gave the stock a “buy” rating in a research report on Wednesday, April 24th. TD Cowen increased their target price on shares of Fiserv from $175.00 to $182.00 and gave the stock a “buy” rating in a research report on Thursday, July 25th. KeyCorp increased their target price on shares of Fiserv from $170.00 to $180.00 and gave the stock an “overweight” rating in a research report on Thursday, July 25th. Finally, Mizuho increased their target price on shares of Fiserv from $156.00 to $168.00 and gave the stock a “buy” rating in a research report on Tuesday, May 21st. Five research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Fiserv presently has a consensus rating of “Moderate Buy” and an average target price of $172.29.
Read Our Latest Stock Analysis on Fiserv
Institutional Trading of Fiserv
A number of hedge funds have recently bought and sold shares of the stock. Wellington Shields & Co. LLC bought a new position in shares of Fiserv during the 1st quarter worth about $25,000. GW&K Investment Management LLC bought a new position in shares of Fiserv during the 4th quarter worth about $27,000. RE Dickinson Investment Advisors LLC bought a new position in shares of Fiserv during the 4th quarter worth about $27,000. Private Wealth Management Group LLC bought a new position in shares of Fiserv during the 4th quarter worth about $30,000. Finally, Family Firm Inc. bought a new position in shares of Fiserv during the 2nd quarter worth about $31,000. 90.98% of the stock is owned by institutional investors.
Fiserv Company Profile
Fiserv, Inc, together with its subsidiaries, provides payments and financial services technology services in the United States, Europe, the Middle East and Africa, Latin America, the Asia-Pacific, and internationally. It operates through Merchant Acceptance, Financial Technology, and Payments and Network segments.
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