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News  ›  GlobeNewswire Inc.

Fiserv Stock Spikes As Judah Spinner's BlackBird Financial Reveals Large Stake

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Globe Newswire
Fiserv Stock Spikes As Judah Spinner's BlackBird Financial Reveals Large Stake

BlackBird Financial, a hedge fund founded by Judah Spinner, has announced a significant ownership stake in Fiserv, Inc., a global financial-technology and payments infrastructure company. Spinner expressed confidence in Fiserv's competitive moat, embedded position in financial systems, and new CEO Mike Lyons' turnaround strategy, despite near-term challenges. With adjusted net income exceeding $5 billion and a market cap around $33 billion, BlackBird views the investment as undervalued with strong long-term growth prospects.

Insights
ODV   neutral

Mentioned as the project option provider, with no significant direct impact from the current drilling results


FISV   positive

BlackBird Financial established a significant ownership position based on confidence in Fiserv's embedded market position, strong switching costs, reliable cash generation ($5B+ adjusted net income), and new CEO Mike Lyons' strategic direction. The investment thesis emphasizes long-term value despite near-term difficulties, with expectations for earnings growth over the next 5-10 years.