Fiserv Sees Unusually High Options Volume (NASDAQ:FISV)

Fiserv, Inc. (NASDAQ:FISV) was the target of some unusual options trading activity on Wednesday. Stock traders bought 43,453 call options on the stock. This is an increase of 80% compared to the average volume of 24,172 call options.

Fiserv Stock Up 3.5%

Shares of NASDAQ:FISV traded up $2.05 during trading hours on Wednesday, reaching $61.18. The stock had a trading volume of 7,055,146 shares, compared to its average volume of 9,682,485. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.03 and a current ratio of 1.03. The firm’s 50 day moving average is $64.87 and its 200-day moving average is $91.30. The stock has a market capitalization of $32.72 billion, a price-to-earnings ratio of 9.65, a P/E/G ratio of 1.79 and a beta of 0.78. Fiserv has a 1 year low of $57.79 and a 1 year high of $238.59.

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

Insider Activity

In other Fiserv news, insider Adam L. Rosman purchased 7,900 shares of the stock in a transaction on Tuesday, December 2nd. The shares were bought 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 owned 61,285 shares of the company’s stock, valued at $3,872,599.15. This trade represents a 14.80% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CFO Paul M. Todd acquired 17,000 shares of the stock in a transaction that occurred on Monday, December 1st. The stock was purchased at an average price of $62.41 per share, for a total transaction of $1,060,970.00. Following the completion of the acquisition, the chief financial officer owned 24,453 shares in the company, valued at $1,526,111.73. The trade was a 228.10% increase in their position. The disclosure for this purchase is available in the SEC filing. 0.75% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Pinnacle Wealth Management Advisory Group LLC grew its holdings in shares of Fiserv by 2.8% during the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,811 shares of the business services provider’s stock worth $485,000 after purchasing an additional 77 shares during the last quarter. Quadcap Wealth Management LLC boosted its position in shares of Fiserv by 2.1% in the 2nd quarter. Quadcap Wealth Management LLC now owns 3,900 shares of the business services provider’s stock valued at $672,000 after purchasing an additional 79 shares during the period. Glenview Trust co grew its stake in Fiserv by 0.3% during the 2nd quarter. Glenview Trust co now owns 32,864 shares of the business services provider’s stock worth $5,666,000 after buying an additional 85 shares during the last quarter. Smithfield Trust Co increased its position in Fiserv by 0.9% during the second quarter. Smithfield Trust Co now owns 9,773 shares of the business services provider’s stock worth $1,685,000 after buying an additional 86 shares during the period. Finally, TRUE Private Wealth Advisors lifted its stake in Fiserv by 5.1% in the second quarter. TRUE Private Wealth Advisors now owns 1,785 shares of the business services provider’s stock valued at $308,000 after buying an additional 86 shares during the last quarter. 90.98% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on FISV. Tigress Financial set a $95.00 price objective on Fiserv and gave the company a “buy” rating in a report on Wednesday, December 31st. Stephens decreased their price target on shares of Fiserv from $75.00 to $70.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 11th. Northcoast Research cut shares of Fiserv from a “buy” rating to a “neutral” rating in a research note on Monday, February 2nd. Sanford C. Bernstein lowered shares of Fiserv from an “outperform” rating to a “market perform” rating and decreased their target price for the stock from $205.00 to $80.00 in a research note on Thursday, October 30th. Finally, Royal Bank Of Canada set a $85.00 price target on Fiserv and gave the company an “outperform” rating in a research report on Thursday, October 30th. Ten equities research analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Fiserv currently has an average rating of “Hold” and an average target price of $110.06.

Fiserv Company Profile

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.