What Did This CEO Just Do with Personal Shares of Fiserv (NASDAQ: FISV)?

By Carrie Williams

Today, the President & CEO of Fiserv (NASDAQ: FISV), Jeffery Yabuki, sold shares of FISV for $1.99M.

In addition to Jeffery Yabuki, 18 other FISV executives reported Sell trades in the last month. Over the last month, Jeffery Yabuki has reported another 3 Sell trades on FISV for a total of $21.59M.

Based on Fiserv’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $1.43 billion and quarterly net profit of $215 million. In comparison, last year the company earned revenue of $1.37 billion and had a net profit of $189 million. The company has a one year high of $118.30 and a one year low of $92.81. FISV’s market cap is $25.35B and the company has a P/E ratio of 28.35.

Based on 5 analyst ratings, the analyst consensus is Hold with an average price target of $114.50, reflecting a 2.4% upside.

In the last 30 days, insiders have sold $27.18M worth of FISV shares and purchased $135K worth of FISV shares. The insider sentiment on Fiserv has been negative according to 57 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Fiserv, Inc. provides financial services technology. It operates through the Payments and Industry Products and Financial Institution Services segments. The Payments and Industry Products segment provides financial institutions and other companies with the products and services required to process electronic payment transactions. The Financial Institution Services segment provides banks, thrifts, and credit unions with account processing services, item processing and source capture services, loan origination and servicing products, cash management and consulting services, and other products and services that support numerous types of financial transactions. The company was founded by Leslie M. Muma and George D. Dalton on July 31, 1984 and is headquartered in Brookfield, WI.