The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Fiserv, Inc shares valued at $10,599,608 were sold by Chiarello Guy on Feb 20 ’25. At $235.55 per share, Chiarello Guy sold 45,000 shares. The insider’s holdings dropped to 227,711 shares worth approximately $53.38 million following the completion of this transaction.
Also, Chiarello Guy purchased 45,000 shares, netting a total of over 10,599,795 in proceeds.
Before that, Best Kenneth had sold 20,821 shares from its account. In a trade valued at $4,468,395, the Chief Accounting Officer traded Fiserv, Inc shares for $214.61 each. Upon closing the transaction, the insider’s holdings decreased to 20,821 shares, worth approximately $9.09 million.
As published in a research note from Seaport Research Partners on January 14, 2025, Fiserv, Inc [FI] has been rated up from a Neutral to a Buy and the price target has been revised to $240. Analysts at Stephens upgraded the stock from ‘”an Equal-weight”‘ to ‘”an Overweight”‘ outlook in a report released in mid December. As of November 20, 2024, Compass Point has initiated its “Buy” rating for FI.
Analyzing FI Stock Performance
During the last five days, there has been a surge of approximately 2.94%. Over the course of the year, Fiserv, Inc shares have jumped approximately 14.12%. Shares of the company reached a 52-week high of $237.99 on 02/20/25 and a 52-week low of $199.52 on 01/13/25. A 50-day SMA is recorded $212.48, while a 200-day SMA reached $183.14. Nevertheless, trading volume fell to 3.69 million shares from 2.85 million shares the previous day.
Support And Resistance Levels for Fiserv, Inc (FI)
According to the 24-hour chart, there is a support level at 232.97, which, if violated, would cause prices to drop to 231.51. In the upper region, resistance lies at 236.94. The next price resistance is at 239.46. RSI (Relative Strength Index) is 70.88 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 7.58, which suggests the price will increase in the coming days. Percent R is at 13.86%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
