Fiserv (FISV) : During the past 4 weeks, traders have been relatively bearish on Fiserv (FISV), hence the stock is down -7.28% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.79% relative to the S&P 500. The 4-week change in the price of the stock is -6.33% and the stock has fallen -1.74% in the past 1 week.
The stock has recorded a 20-day Moving Average of 4.53% and the 50-Day Moving Average is 3.82%. Fiserv (NASDAQ:FISV): On Fridays trading session , Opening price of the stock was $103.08 with an intraday high of $103.91. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $102.95. However, the stock managed to close at $103.36, a loss of 0.03% for the day. On the previous day, the stock had closed at $103.39. The total traded volume of the day was 750,381 shares.
The company Insiders own 1.9% of Fiserv shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -6.5% . Institutional Investors own 87.11% of Fiserv shares. During last six month period, the net percent change held by insiders has seen a change of -14.65%. Also, Equity analysts at the Brokerage firm Jefferies maintains its rating on Fiserv (NASDAQ:FISV). The rating major has initiated the coverage with buy rating on the shares. The Analysts at Jefferies raises the price target from $119 per share to $121 per share. The rating by the firm was issued on August 4, 2016.
Fiserv, Inc. (Fiserv) is a global provider of financial services technology. The Company provides account processing systems; electronic payments processing products and services, and related services, including document and payment card production and distribution, check processing and imaging, source capture systems, and lending and risk management products and services. The Companys Payments and Industry Products segment primarily provides debit, credit and prepaid card processing and services, electronic bill payment and presentment services, Internet and mobile banking software and services, person-to-person payment services, and other electronic payments software and services. The Companys Financial Institution Services business segment provides account processing services, item processing and source capture services, loan origination and servicing products, cash management and consulting services.