Fiserv Target of Unusually Large Options Trading (NYSE:FI)

Fiserv, Inc. (NYSE:FI - Get Free Report) was the recipient of some unusual options trading on Monday. Investors acquired 11,749 call options on the company. This represents an increase of 49% compared to the average volume of 7,892 call options.

Insider Buying and Selling at Fiserv

In other Fiserv news, insider Adam L. Rosman sold 2,512 shares of the business's 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 transaction, the insider now owns 53,385 shares of the company's stock, valued at approximately $8,577,901.80. The trade was a 4.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Andrew Gelb sold 5,652 shares of the firm's stock in a transaction dated 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 transaction, the executive vice president now owns 25,385 shares in the company, valued at approximately $4,061,600. This represents a 18.21% decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.75% of the company's stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Vega Investment Solutions bought a new position in shares of Fiserv during the 4th quarter worth approximately $25,000. Activest Wealth Management boosted its stake in Fiserv by 3,150.0% in the 1st quarter. Activest Wealth Management now owns 130 shares of the business services provider's stock valued at $29,000 after purchasing an additional 126 shares during the period. Park Square Financial Group LLC bought a new stake in Fiserv in the 4th quarter valued at $28,000. Marshall Investment Management LLC bought a new stake in Fiserv in the 4th quarter valued at $29,000. Finally, Abound Financial LLC bought a new stake in Fiserv in the 1st quarter valued at $38,000. 90.98% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

FI has been the topic of several recent research reports. UBS Group decreased their price target on Fiserv from $255.00 to $225.00 and set a "buy" rating on the stock in a report on Wednesday, May 28th. The Goldman Sachs Group cut their target price on Fiserv from $223.00 to $194.00 and set a "buy" rating on the stock in a research note on Monday, May 19th. Mizuho set a $200.00 target price on Fiserv in a research note on Thursday, May 15th. Jefferies Financial Group cut their target price on Fiserv from $180.00 to $165.00 and set a "hold" rating on the stock in a research note on Tuesday, May 27th. Finally, Citigroup cut their target price on Fiserv from $267.00 to $240.00 and set a "buy" rating on the stock in a research note on Friday, April 25th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating, twenty-three have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $221.23.

Fiserv Stock Up 1.3%

FI stock traded up $2.24 during mid-day trading on Tuesday, reaching $172.78. The company had a trading volume of 6,877,579 shares, compared to its average volume of 3,324,480. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.10 and a quick ratio of 1.10. The stock has a 50 day simple moving average of $176.40 and a two-hundred day simple moving average of $201.36. The company has a market capitalization of $95.79 billion, a price-to-earnings ratio of 30.53, a PEG ratio of 1.06 and a beta of 0.90. Fiserv has a 52 week low of $146.46 and a 52 week high of $238.59.

Fiserv (NYSE:FI - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The business services provider reported $2.14 earnings per share for the quarter, beating analysts' consensus estimates of $2.08 by $0.06. Fiserv had a return on equity of 18.74% and a net margin of 15.68%. The firm had revenue of $4.79 billion during the quarter, compared to the consensus estimate of $4.86 billion. During the same period last year, the company earned $1.88 earnings per share. The business's revenue was up 5.1% compared to the same quarter last year. As a group, equities analysts predict that Fiserv will post 10.23 earnings per share for the current fiscal year.

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.