On October 30, 2024, Director Heidi Miller sold 30,000 shares of Fiserv Inc (FI, Financial) at a price of $201.13 per share. The transaction, detailed in the SEC Filing, resulted in a total sale amount of $6,033,900. Following this transaction, the insider now owns 33,235 shares of the company.
Fiserv Inc is a global provider of financial services technology. The company's solutions include payment processing, financial services, and risk and compliance solutions, which it offers to a wide range of financial institutions and businesses worldwide.
Over the past year, Heidi Miller has sold a total of 30,000 shares and has not made any purchases of the company's stock. This recent sale is part of a broader trend within Fiserv Inc, where there have been 18 insider sells and no insider buys over the past year.
Shares of Fiserv Inc were trading at $201.13 on the day of the sale, giving the company a market cap of approximately $112.59 billion. The price-earnings ratio of the stock stands at 38.06, which is above both the industry median of 26.34 and the company's historical median.
According to the GF Value, an intrinsic value estimate used by GuruFocus, Fiserv Inc is currently significantly overvalued. The GF Value of $143.89 suggests a price-to-GF-Value ratio of 1.4, indicating that the stock's current price is higher than its estimated fair value.
This valuation assessment is based on historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
The insider's recent transaction could be of interest to current and potential investors, providing insight into how insiders are positioning themselves with respect to the stock's current valuation and market performance.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
