Representative Josh Gottheimer (D-New Jersey) recently bought shares of Fiserv, Inc. NYSE: FI. In a filing disclosed on March 06th, the Representative disclosed that they had bought between $1,001 and $15,000 in Fiserv stock on February 21st. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.
Representative Josh Gottheimer also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of The Goldman Sachs Group NYSE: GS on 2/28/2025.
- Purchased $1,001 - $15,000 in shares of Visa NYSE: V on 2/28/2025.
- Sold $1,001 - $15,000 in shares of Block NYSE: XYZ on 2/27/2025.
- Sold $1,001 - $15,000 in shares of KKR & Co. Inc. NYSE: KKR on 2/27/2025.
- Sold $1,001 - $15,000 in shares of Blackstone NYSE: BX on 2/27/2025.
- Sold $1,001 - $15,000 in shares of Paragon 28 NYSE: FNA on 2/27/2025.
- Sold $1,001 - $15,000 in shares of KKR & Co. Inc. NYSE: KKR on 2/26/2025.
- Purchased $1,001 - $15,000 in shares of Fiserv NYSE: FI on 2/26/2025.
- Sold $1,001 - $15,000 in shares of Blackstone NYSE: BX on 2/26/2025.
- Sold $1,001 - $15,000 in shares of Vertiv NYSE: VRT on 2/25/2025.
Fiserv Stock Down 0.9 %
NYSE FI traded down $1.91 during midday trading on Friday, hitting $218.04. 4,456,911 shares of the company traded hands, compared to its average volume of 2,995,866. The company has a market cap of $122.38 billion, a PE ratio of 40.45, a price-to-earnings-growth ratio of 1.52 and a beta of 0.93. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.06 and a quick ratio of 1.07. Fiserv, Inc. has a 52 week low of $145.98 and a 52 week high of $238.59. The company's 50-day simple moving average is $218.31 and its 200-day simple moving average is $203.12.
Fiserv (NYSE:FI - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The business services provider reported $2.51 earnings per share for the quarter, beating analysts' consensus estimates of $2.48 by $0.03. Fiserv had a return on equity of 17.93% and a net margin of 15.31%. As a group, equities research analysts forecast that Fiserv, Inc. will post 10.23 earnings per share for the current year.
Fiserv announced that its board has authorized a share 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 reacquire shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company's leadership believes its shares are undervalued.
Insider Buying and Selling
In other Fiserv news, COO Guy Chiarello sold 45,000 shares of the company's stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $235.55, for a total value of $10,599,750.00. Following the completion of the sale, the chief operating officer now directly owns 227,711 shares in the company, valued at $53,637,326.05. This represents a 16.50 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.75% of the stock is currently owned by company insiders.
Analyst Upgrades and Downgrades
FI has been the topic of a number of analyst reports. The Goldman Sachs Group lifted their price objective on shares of Fiserv from $208.00 to $231.00 and gave the stock a "neutral" rating in a research report on Tuesday, December 3rd. Citigroup upped their price target on Fiserv from $230.00 to $233.00 and gave the stock a "buy" rating in a research report on Tuesday, January 14th. Seaport Res Ptn raised Fiserv from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, January 14th. BMO Capital Markets boosted their target price on Fiserv from $233.00 to $260.00 and gave the stock an "outperform" rating in a research note on Thursday, February 6th. Finally, Morgan Stanley increased their price target on Fiserv from $258.00 to $267.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. Three analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $239.83.
Check Out Our Latest Stock Report on FI
Hedge Funds Weigh In On Fiserv
Institutional investors have recently modified their holdings of the stock. Vega Investment Solutions acquired a new stake in shares of Fiserv in the fourth quarter worth approximately $25,000. Park Square Financial Group LLC acquired a new stake in Fiserv during the 4th quarter worth $28,000. Valley National Advisers Inc. acquired a new stake in shares of Fiserv in the fourth quarter valued at about $29,000. Marshall Investment Management LLC purchased a new position in shares of Fiserv in the fourth quarter worth about $29,000. Finally, Compass Financial Services Inc acquired a new position in Fiserv during the fourth quarter worth about $31,000. Hedge funds and other institutional investors own 90.98% of the company's stock.
About Representative Gottheimer
Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.
Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election.
Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.
Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.
About Fiserv
(
Get Free Report)
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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