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Federated Hermes Inc. Sells 19,213 Shares of Fiserv, Inc. $FISV
Federated Hermes Inc. significantly reduced its stake in Fiserv, Inc. by selling 19,213 shares in the third quarter, retaining 8,552 shares. Despite this institutional selling, Fiserv CFO Paul M. Todd and insider Adam L. Rosman recently increased their holdings. Analyst sentiment for Fiserv has softened, leading to multiple downgrades and a consensus “Hold” rating with an average price target of $113.34.