Short Interest in Fiserv, Inc. (NASDAQ:FISV) Decreases By 16.8%

Fiserv, Inc. (NASDAQ:FISV) was the recipient of a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 16,740,295 shares, a decline of 16.8% from the January 15th total of 20,126,230 shares. Approximately 3.1% of the shares of the company are short sold. Based on an average daily trading volume, of 8,535,877 shares, the days-to-cover ratio is currently 2.0 days. Based on an average daily trading volume, of 8,535,877 shares, the days-to-cover ratio is currently 2.0 days. Approximately 3.1% of the shares of the company are short sold.

Fiserv Price Performance

Shares of NASDAQ FISV traded up $0.54 during midday trading on Monday, hitting $59.36. 12,081,829 shares of the company’s stock were exchanged, compared to its average volume of 9,615,070. The company has a current ratio of 1.03, a quick ratio of 1.08 and a debt-to-equity ratio of 1.08. The business’s fifty day moving average price is $65.79 and its two-hundred day moving average price is $94.95. The company has a market cap of $32.27 billion, a price-to-earnings ratio of 9.36, a PEG ratio of 3.39 and a beta of 0.78. Fiserv has a 12-month low of $57.79 and a 12-month high of $238.59.

Fiserv (NASDAQ:FISV) last announced its earnings results on Tuesday, February 10th. The business services provider reported $1.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.90 by $0.09. The business had revenue of $4.90 billion during the quarter, compared to analyst estimates of $4.78 billion. Fiserv had a net margin of 16.42% and a return on equity of 18.39%. Fiserv’s revenue for the quarter was up .6% on a year-over-year basis. During the same period in the previous year, the business posted $2.51 earnings per share. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. As a group, research analysts forecast that Fiserv will post 10.23 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on FISV. Sanford C. Bernstein lowered shares of Fiserv from an “outperform” rating to a “market perform” rating and reduced their price objective for the company from $205.00 to $80.00 in a research note on Thursday, October 30th. TD Cowen reiterated a “hold” rating on shares of Fiserv in a research report on Monday, January 12th. Zacks Research upgraded Fiserv from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 14th. Weiss Ratings restated a “sell (d+)” rating on shares of Fiserv in a research note on Monday, December 29th. Finally, Jefferies Financial Group lifted their target price on Fiserv from $60.00 to $65.00 and gave the company a “hold” rating in a report on Wednesday, January 21st. Ten investment analysts have rated the stock with a Buy rating, twenty-five have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $108.97.

Insiders Place Their Bets

In other Fiserv news, insider Adam L. Rosman bought 7,900 shares of the business’s stock in a transaction on Tuesday, December 2nd. The stock was purchased at an average price of $63.19 per share, for a total transaction of $499,201.00. Following the completion of the transaction, the insider directly owned 61,285 shares of the company’s stock, valued at $3,872,599.15. This trade represents a 14.80% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Paul M. Todd bought 17,000 shares of Fiserv stock in a transaction dated Monday, December 1st. The stock was acquired at an average price of $62.41 per share, with a total value of $1,060,970.00. Following the purchase, the chief financial officer directly owned 24,453 shares of the company’s stock, valued at approximately $1,526,111.73. This represents a 228.10% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.75% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Fiserv

Several hedge funds have recently added to or reduced their stakes in FISV. Pinnacle Wealth Management Advisory Group LLC boosted its stake in shares of Fiserv by 2.8% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,811 shares of the business services provider’s stock valued at $485,000 after purchasing an additional 77 shares in the last quarter. Quadcap Wealth Management LLC boosted its position in Fiserv by 2.1% during the second quarter. Quadcap Wealth Management LLC now owns 3,900 shares of the business services provider’s stock valued at $672,000 after buying an additional 79 shares during the period. Strategic Blueprint LLC grew its stake in shares of Fiserv by 4.4% during the second quarter. Strategic Blueprint LLC now owns 1,977 shares of the business services provider’s stock valued at $341,000 after buying an additional 83 shares during the last quarter. Glenview Trust co lifted its stake in shares of Fiserv by 0.3% in the 2nd quarter. Glenview Trust co now owns 32,864 shares of the business services provider’s stock valued at $5,666,000 after acquiring an additional 85 shares during the last quarter. Finally, Smithfield Trust Co boosted its holdings in Fiserv by 0.9% during the 2nd quarter. Smithfield Trust Co now owns 9,773 shares of the business services provider’s stock valued at $1,685,000 after acquiring an additional 86 shares during the period. Institutional investors own 90.98% of the company’s stock.

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.