Is fiserv selling 20 million shares at $118. Doesn’t this just pull down the stock price. What am I missing
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Just to add to what @yyr+1aCAgVFn stated they will probably do the the same thing after next quarters earnings. It's not a bad thing by any means but expect it to happen.
Ok so normal course of business. Thank you, I didn’t understand that.
KKR owns 13/14%, selling down to 9%. They are a private equity firm and owning stock forever not their business model since they have to return invested dollars to investors at dime point. Clears out 20m of 85m shares lessening the overhang.