News•Feb 18, 2026
Activist Jana Builds Stake in Payments Business Fiserv
Activist investor Jana Partners has taken an undisclosed stake in payments processor Fiserv, aiming to improve its underperforming stock. Fiserv, valued at about $32 billion, saw shares plunge nearly 70% in 2023 and are down more than 11% year‑to‑date. Jana is privately urging the company to tighten execution and consider board refreshes, while backing CEO Mike Lyons’ strategic focus. The firm believes a strong banking‑spending environment could help revive growth.
By The Strawhecker Group (TSG) Blog/News
