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 $8.94 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 $7.67 million.
Seaport Research Partners upgraded its Fiserv, Inc [FI] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Stephens’s analysts, who increased its forecast for the stock in mid December from “an Equal-weight” to “an Overweight”. Compass Point began covering FI with “Buy” recommendation on November 20, 2024.
Price Performance Review of FI
On Monday, Fiserv, Inc [NYSE:FI] saw its stock jump 0.26% to $230.65. Over the last five days, the stock has gained 6.48%. Fiserv, Inc shares have risen nearly 12.28% since the year began. Nevertheless, the stocks have risen 61.62% over the past one year. While a 52-week high of $233.26 was reached on 02/07/25, a 52-week low of $142.14 was recorded on 01/13/25. SMA at 50 days reached $210.34, while 200 days put it at $180.34.
Levels Of Support And Resistance For FI Stock
The 24-hour chart illustrates a support level at 229.29, which if violated will result in even more drops to 227.93. On the upside, there is a resistance level at 231.75. A further resistance level may holdings at 232.86. The Relative Strength Index (RSI) on the 14-day chart is 74.17, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 13.05, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 9.15%. Stochastics %K at 91.99% indicates the stock is a selling.
How much short interest is there in Fiserv, Inc?
A steep rise in short interest was recorded in Fiserv, Inc stocks on 2025-01-15, dropping by -1.41 million shares to a total of 6.59 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 8.0 million shares. There was a decline of -21.45%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on August 28, 2024 when BTIG Research began covering the stock and recommended ‘”a Buy”‘ rating along with a $200 price target.