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Fiserv Inc . (NASDAQ:NYSE:FI), a prominent financial services company with a market capitalization of $131.7 billion, saw a notable stock transaction as its Chief Administrative and Legal Officer, Adam L. Rosman, sold shares valued at approximately $405,971. The transactions, executed on February 27, 2025, involved multiple sales of common stock at prices ranging from $231.85 to $234.52 per share, near the stock’s 52-week high of $238.00. The stock has shown remarkable momentum, gaining over 56% in the past year and 32% in the last six months. Following these sales, Rosman retains ownership of 55,897 shares in the company. According to InvestingPro analysis, the stock is currently trading above its Fair Value. These transactions were conducted as part of a pre-established Rule 10b5-1 trading plan, aimed at estate and financial planning purposes. For deeper insights into insider transactions and comprehensive financial analysis, including 12 additional ProTips and detailed valuation metrics, check out the Pro Research Report available on InvestingPro.
In other recent news, Fiserv has announced a new share repurchase program authorized by its Board of Directors, allowing the buyback of 60 million shares of common stock. This program adds to the company’s existing repurchase capacity and does not have an expiration date, providing flexibility in execution based on market conditions. RBC Capital Markets has raised its price target for Fiserv to $270 from $255, maintaining an Outperform rating, following strong quarterly results and guidance surpassing market expectations. Fiserv’s Clover revenue increased by 29% year-over-year in the fourth quarter of 2024, contributing to positive projections for 2025, including 10%-12% organic revenue growth and over 125 basis points of margin expansion. Stephens also increased Fiserv’s price target to $270, citing a notable fourth-quarter margin and strong Merchant revenue growth. BMO Capital Markets raised its target to $260, highlighting the accelerating growth of the Clover platform and a positive revenue growth forecast for 2025. KeyBanc Capital Markets adjusted its price target to $270, maintaining an Overweight rating, citing strong fourth-quarter performance and an encouraging outlook for fiscal year 2025. These developments reflect a generally optimistic view among analysts regarding Fiserv’s financial stability and growth trajectory.
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