In a filing, Fiserv, Inc revealed 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 $7.81 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 $6.7 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 Monday, Fiserv, Inc [NYSE:FI] saw its stock jump 0.51% to $201.53. Over the last five days, the stock has lost -3.38%. Fiserv, Inc shares have fallen nearly -1.89% since the year began. Nevertheless, the stocks have risen 48.84% over the past one year. While a 52-week high of $223.23 was reached on 01/06/25, a 52-week low of $135.13 was recorded on 01/13/25. SMA at 50 days reached $208.85, while 200 days put it at $174.54.
Levels Of Support And Resistance For FI Stock
The 24-hour chart illustrates a support level at 200.13, which if violated will result in even more drops to 198.73. On the upside, there is a resistance level at 202.32. A further resistance level may holdings at 203.11. The Relative Strength Index (RSI) on the 14-day chart is 41.55, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.53, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.58%. Stochastics %K at 23.03% 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 2024-12-31, dropping by -1.25 million shares to a total of 7.11 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 8.36 million shares. There was a decline of -17.54%, 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.
