Thursday, January 18, 2018 10:15 PM ET
Fiserv (FISV) sees Significant Insider Selling Continuing
There was a substantial sale of shares of Fiserv by an insider today, as disclosed in a form 4 document filed with the SEC. One insider — Jeffery W Yabuki, Director and Officer — disposed of 17,000 shares in the company having a market value of approximately $2,356,030. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 46,000 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 63,000 shares and have averaged 21,000 shares per transaction over this time period.
Insider buy/sell trading at Fiserv is higher than the 21 peer company average over the last 90-day period. However, the number of shares per average transaction for Fiserv insider buy-sell trading is very close to the average of the Transaction & Payment Services peer group of companies. This peer group saw 35,368 shares purchased and 702,762 shares sold resulting in an average of 21,089 shares traded and netting out with company insiders having sold 19,068 shares on average.
For the purpose of evaluating significant insider buying and selling all trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data sourced to evaluate and write this story.
Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.
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