Fiserv, Inc’s filing revealed that its Chief Accounting Officer Best Kenneth unloaded Company’s shares for reported $4.47 million on Nov 12 ’24. In the deal valued at $214.61 per share,20,821 shares were sold. As a result of this transaction, Best Kenneth now holds 38,771 shares worth roughly $8.09 million.
Then, Best Kenneth bought 20,821 shares, generating $4,468,372 in total proceeds.
Before that, MILLER HEIDI sold 30,000 shares. Fiserv, Inc shares valued at $6,033,843 were divested by the Director at a price of $201.13 per share. As a result of the transaction, MILLER HEIDI now holds 33,235 shares, worth roughly $6.93 million.
Stephens upgraded its Fiserv, Inc [FI] rating to an Overweight from a an Equal-weight in a research note published on December 18, 2024; the price target was increased to $255 from $220. A number of analysts have revised their coverage, including Compass Point’s analysts, who began to cover the stock in mid November with a ‘”a Buy”‘ rating. BTIG Research started covering the stock on August 28, 2024. It rated FI as “a Buy”.
Price Performance Review of FI
On Friday, Fiserv, Inc [NYSE:FI] saw its stock jump 1.26% to $208.57. Over the last five days, the stock has lost -0.82%. Fiserv, Inc shares have risen nearly 1.53% since the year began. Nevertheless, the stocks have risen 58.31% over the past one year. While a 52-week high of $223.23 was reached on 01/03/25, a 52-week low of $131.41 was recorded on 01/02/25. SMA at 50 days reached $208.67, while 200 days put it at $173.38.
Levels Of Support And Resistance For FI Stock
The 24-hour chart illustrates a support level at 206.52, which if violated will result in even more drops to 204.47. On the upside, there is a resistance level at 209.68. A further resistance level may holdings at 210.80. The Relative Strength Index (RSI) on the 14-day chart is 52.65, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.74, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 20.71%. Stochastics %K at 57.98% indicates the stock is a holding.
How much short interest is there in Fiserv, Inc?
A steep rise in short interest was recorded in Fiserv, Inc stocks on 2024-12-13, dropping by -0.64 million shares to a total of 8.0 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 8.64 million shares. There was a decline of -7.95%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on June 12, 2024 when Wells Fargo began covering the stock and recommended ‘”an Overweight”‘ rating along with a $180 price target.
