Venture Visionary Partners LLC Has $538,000 Position in Fiserv, Inc. $FI

Key Points

• Venture Visionary Partners LLC reduced its stake in Fiserv, Inc. by 48.9% in Q1, owning 2,437 shares worth approximately $538,000 after selling 2,331 shares during the quarter.
• Insider Adam L. Rosman sold 2,512 shares of Fiserv's stock at an average price of $160.68, bringing his total holdings to 53,385 shares valued at around $8.58 million.
• Fiserv reported $2.47 EPS for the last quarter, exceeding analysts' expectations, and set its FY 2025 guidance at $10.150-10.30 EPS, with a current average rating of "Moderate Buy" from analysts.

Venture Visionary Partners LLC reduced its stake in shares of Fiserv, Inc. (NYSE:FI - Free Report) by 48.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,437 shares of the business services provider's stock after selling 2,331 shares during the quarter. Venture Visionary Partners LLC's holdings in Fiserv were worth $538,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of FI. Vega Investment Solutions acquired a new position in shares of Fiserv in the 4th quarter valued at approximately $25,000. Park Square Financial Group LLC acquired a new position in shares of Fiserv in the 4th quarter valued at approximately $28,000. Abound Financial LLC acquired a new position in shares of Fiserv in the 1st quarter valued at approximately $38,000. Quarry LP grew its position in shares of Fiserv by 51.9% in the 4th quarter. Quarry LP now owns 205 shares of the business services provider's stock valued at $42,000 after purchasing an additional 70 shares during the period. Finally, Mpwm Advisory Solutions LLC acquired a new position in shares of Fiserv in the 4th quarter valued at approximately $54,000. 90.98% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Adam L. Rosman sold 2,512 shares of the stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of $160.68, for a total value of $403,628.16. Following the sale, the insider owned 53,385 shares in the company, valued at approximately $8,577,901.80. This represents a 4.49% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Andrew Gelb sold 5,652 shares of the stock in a transaction on Wednesday, May 28th. The shares were sold at an average price of $160.00, for a total value of $904,320.00. Following the completion of the sale, the executive vice president owned 25,385 shares in the company, valued at approximately $4,061,600. This trade represents a 18.21% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.74% of the company's stock.

Fiserv Trading Up 0.6%

Shares of Fiserv stock opened at $139.9430 on Thursday. Fiserv, Inc. has a 12-month low of $128.22 and a 12-month high of $238.59. The stock has a market cap of $76.07 billion, a P/E ratio of 23.36, a P/E/G ratio of 0.91 and a beta of 0.91. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.09. The business's 50 day moving average is $155.22 and its 200-day moving average is $186.02.

Fiserv (NYSE:FI - Get Free Report) last announced its quarterly earnings data on Wednesday, July 23rd. The business services provider reported $2.47 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.43 by $0.04. Fiserv had a return on equity of 19.69% and a net margin of 16.00%.The company had revenue of $5.20 billion for the quarter, compared to analysts' expectations of $5.20 billion. During the same quarter in the prior year, the business posted $2.13 EPS. The business's revenue was up 8.0% compared to the same quarter last year. Fiserv has set its FY 2025 guidance at 10.150-10.30 EPS. Equities research analysts predict that Fiserv, Inc. will post 10.23 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

FI has been the subject of several research analyst reports. Stephens decreased their price objective on Fiserv from $240.00 to $180.00 and set an "overweight" rating for the company in a research report on Thursday, July 24th. Citigroup decreased their price objective on Fiserv from $267.00 to $240.00 and set a "buy" rating for the company in a research report on Friday, April 25th. Susquehanna reduced their price target on Fiserv from $240.00 to $220.00 and set a "positive" rating for the company in a research report on Thursday, July 24th. Keefe, Bruyette & Woods reduced their price target on Fiserv from $240.00 to $200.00 and set an "outperform" rating for the company in a research report on Wednesday, May 21st. Finally, Truist Financial upped their price target on Fiserv from $181.00 to $185.00 and gave the stock a "buy" rating in a research report on Thursday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $207.08.

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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