Fiserv Drops 3.65% Amid Institutional Sell-Off

On April 4, 2025, Fiserv's stock experienced a 3.65% drop in pre-market trading, reflecting investor sentiment and market dynamics.

Fiserv, Inc. released its 2024 annual report on February 20, 2025, revealing a 7.14% increase in revenue to $20.456 billion and a net income of $3.18 billion, with basic earnings per share at $5.41. The company, founded in 1984 and headquartered in Wisconsin, is a leading global provider of financial services technology, serving banks, credit unions, and other financial institutions worldwide.

Fiserv's services include account processing systems, electronic payment processing, internet and mobile banking systems, and fraud and risk management products. The company also offers point-of-sale merchant acquisition and e-commerce services, as well as next-generation products like mobile payment services and cloud-based Clover payment solutions.

Covington Investment Advisors Inc. reduced its holdings in Fiserv, Inc., while Franklin Resources Inc. decreased its stake by 22.9% in the fourth quarter. These adjustments in institutional holdings may have contributed to the recent market movements.

Goldman Sachs upgraded its outlook for Fiserv from Neutral to Buy on April 2, 2025, which could influence investor confidence and stock performance. The upgrade reflects a positive assessment of the company's prospects and potential for growth.