Jana Partners Takes Stake in Fiserv, Presses for Changes as Shares Rise 6%
Key details of the position remain undisclosed, with Fiserv reiterating its One Fiserv turnaround plan.
Overview
- Wall Street Journal reporting said Jana Partners built a stake in Fiserv and is urging steps to lift the share price.
- Shares closed up about 6.9% at $63.45 after the report, reversing part of a steep 2025 slide.
- The size of Jana’s investment and whether it will seek board seats were not disclosed.
- Fiserv said it has engaged with shareholders, including Jana, and emphasized progress under its One Fiserv plan.
- WSJ, citing unnamed sources, reported Jana backs CEO Mike Lyons and wants a focus on core banking and potential exits from slower-growth units.