Representative Julie Johnson (D-Texas) recently sold shares of Fiserv, Inc. (NYSE:FI). In a filing disclosed on May 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in Fiserv stock on April 7th. The trade occurred in the Representative’s “MERRILL LYNCH LONG TERM GROWTH” account.
Representative Julie Johnson also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Fidelity National Information Services (NYSE:FIS) on 4/30/2025.
- Sold $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 4/22/2025.
- Purchased $1,001 – $15,000 in shares of Fidelity National Information Services (NYSE:FIS) on 4/22/2025.
- Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 4/15/2025.
- Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 4/11/2025.
- Purchased $1,001 – $15,000 in shares of 3M (NYSE:MMM) on 4/11/2025.
- Sold $1,001 – $15,000 in shares of DT Midstream (NYSE:DTM) on 4/7/2025.
- Sold $1,001 – $15,000 in shares of Intuitive Surgical (NASDAQ:ISRG) on 4/7/2025.
- Sold $1,001 – $15,000 in shares of Howmet Aerospace (NYSE:HWM) on 4/7/2025.
- Sold $1,001 – $15,000 in shares of Carlisle Companies (NYSE:CSL) on 4/7/2025.
Fiserv Price Performance
FI opened at $166.63 on Friday. The company has a quick ratio of 1.07, a current ratio of 1.06 and a debt-to-equity ratio of 0.86. Fiserv, Inc. has a 52-week low of $146.25 and a 52-week high of $238.59. The company has a 50 day moving average of $202.24 and a two-hundred day moving average of $210.33. The company has a market cap of $92.38 billion, a P/E ratio of 30.91, a P/E/G ratio of 1.52 and a beta of 0.97.
Fiserv declared that its Board of Directors has approved a stock repurchase program on Thursday, February 20th that authorizes the company to buyback 60,000,000 shares. This buyback authorization authorizes the business services provider to buy shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its stock is undervalued.
Hedge Funds Weigh In On Fiserv
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. grew its position in Fiserv by 1.1% in the 1st quarter. Vanguard Group Inc. now owns 50,079,534 shares of the business services provider’s stock valued at $11,059,063,000 after buying an additional 535,407 shares in the last quarter. JPMorgan Chase & Co. grew its position in Fiserv by 77.2% in the 1st quarter. JPMorgan Chase & Co. now owns 15,354,767 shares of the business services provider’s stock valued at $3,390,793,000 after buying an additional 6,691,703 shares in the last quarter. Geode Capital Management LLC grew its position in Fiserv by 1.9% in the 4th quarter. Geode Capital Management LLC now owns 11,891,207 shares of the business services provider’s stock valued at $2,435,280,000 after buying an additional 218,833 shares in the last quarter. FMR LLC grew its position in Fiserv by 22.5% in the 4th quarter. FMR LLC now owns 11,568,895 shares of the business services provider’s stock valued at $2,376,482,000 after buying an additional 2,126,419 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA grew its position in Fiserv by 3.2% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 8,284,433 shares of the business services provider’s stock valued at $1,829,451,000 after buying an additional 253,544 shares in the last quarter. Institutional investors own 90.98% of the company’s stock.
Insider Activity
In other news, COO Guy Chiarello sold 45,000 shares of the firm’s stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $235.55, for a total transaction of $10,599,750.00. Following the completion of the transaction, the chief operating officer now owns 227,711 shares in the company, valued at approximately $53,637,326.05. This trade represents a 16.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 0.74% of the company’s stock.
Analysts Set New Price Targets
Several research firms recently issued reports on FI. Barclays cut their price target on shares of Fiserv from $265.00 to $230.00 and set an “overweight” rating on the stock in a report on Monday, April 28th. Piper Sandler set a $218.00 price target on shares of Fiserv in a report on Friday, April 25th. Morgan Stanley reissued an “overweight” rating and set a $268.00 target price (up from $267.00) on shares of Fiserv in a report on Friday, April 25th. Monness Crespi & Hardt cut shares of Fiserv from a “neutral” rating to a “sell” rating and set a $145.00 target price on the stock. in a report on Wednesday, April 9th. Finally, Redburn Atlantic reissued a “sell” rating and set a $150.00 target price on shares of Fiserv in a report on Thursday, April 17th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating, twenty-two have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $230.00.
Check Out Our Latest Report on Fiserv
About Representative Johnson
Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.
Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.
Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.
About Fiserv
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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