Insider Buying: Fidelity National Information Services (NYSE:FIS) Director Acquires $57,694.00 in Stock

Key Points

• FIS director Jeffrey Goldstein purchased 1,585 shares at an average price of $36.40, investing $57,694 under a pre-arranged Rule 10b5-1 plan and increasing his ownership by 9.26%.
• FIS shares traded near $35.95, close to their one-year low, despite the company slightly exceeding quarterly EPS estimates and reporting 29.1% year-over-year revenue growth. The company also offers a $1.76 annualized dividend, yielding about 4.9%.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and a $49.28 average price target; several firms recently lowered targets, although Bank of America initiated coverage with a Buy rating and FIS launched an AI-powered anti-money-laundering tool with Anthropic.

Fidelity National Information Services, Inc. (NYSE:FIS - Get Free Report) Director Jeffrey Goldstein purchased 1,585 shares of the business's stock in a transaction on Thursday, October 15th. The stock was purchased at an average cost of $36.40 per share, with a total value of $57,694.00. Following the completion of the acquisition, the director owned 18,697 shares in the company, valued at approximately $680,570.80. This trade represents a 9.26% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Fidelity National Information Services Price Performance

Shares of FIS traded down $0.18 during mid-day trading on Friday, reaching $35.95. 4,609,791 shares of the stock traded hands, compared to its average volume of 6,057,901. The company has a market cap of $18.58 billion, a price-to-earnings ratio of 5.52, a price-to-earnings-growth ratio of 0.38 and a beta of 0.81. Fidelity National Information Services, Inc. has a 1 year low of $32.10 and a 1 year high of $68.98. The firm has a fifty day moving average price of $38.13 and a 200 day moving average price of $41.30. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 0.96.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.47 by $0.01. The company had revenue of $3.38 billion for the quarter, compared to the consensus estimate of $3.38 billion. Fidelity National Information Services had a return on equity of 20.95% and a net margin of 27.64%. The firm's revenue was up 29.1% compared to the same quarter last year. During the same quarter last year, the business posted $1.36 earnings per share. Fidelity National Information Services has set its FY 2026 guidance at 6.150-6.240 EPS and its Q3 2026 guidance at 1.580-1.620 EPS. As a group, equities research analysts predict that Fidelity National Information Services, Inc. will post 6.20 earnings per share for the current year.

Fidelity National Information Services Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Friday, September 11th were paid a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date of this dividend was Friday, September 11th. Fidelity National Information Services's dividend payout ratio (DPR) is currently 27.04%.

Wall Street Analysts Forecast Growth

FIS has been the subject of a number of research reports. Truist Financial cut their price target on shares of Fidelity National Information Services from $45.00 to $43.00 and set a "hold" rating for the company in a research note on Friday, July 24th. Barclays lowered their price objective on shares of Fidelity National Information Services from $43.00 to $38.00 and set an "equal weight" rating on the stock in a research report on Friday, October 9th. UBS Group reaffirmed a "neutral" rating on shares of Fidelity National Information Services in a report on Monday, September 21st. The Goldman Sachs Group dropped their price objective on shares of Fidelity National Information Services from $52.00 to $44.00 and set a "buy" rating for the company in a report on Tuesday. Finally, Robert W. Baird cut their target price on shares of Fidelity National Information Services from $48.00 to $45.00 and set a "neutral" rating for the company in a research report on Friday, September 25th. Eleven equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $49.28.

Key Headlines Impacting Fidelity National Information Services

Here are the key news stories impacting Fidelity National Information Services this week:

• Positive Sentiment: Bank of America initiated coverage with a Buy rating and a $42 price target, implying potential upside and adding a bullish institutional view. Bank of America coverage details
• Positive Sentiment: FIS and Anthropic made the FIS AML Investigations Agent commercially available to U.S. banks. The AI tool is designed to help financial institutions manage money-laundering investigations, potentially creating a new growth opportunity and strengthening FIS’s competitive position in banking technology. FIS and Anthropic launch AML investigations agent
• Positive Sentiment: A Zacks analysis cited rising free cash flow, expanding margins and acquisition synergies as possible catalysts for a rebound after the stock’s steep decline. Zacks FIS rebound analysis
• Neutral Sentiment: Cantor Fitzgerald lowered its target from $50 to $45 but maintained an Overweight rating, while Citigroup cut its target from $45 to $39 and moved to Neutral. The revisions reduce expectations but still leave analysts’ targets above the current trading level.
• Negative Sentiment: Susquehanna also reduced its price target, to $37. The cluster of target cuts suggests analysts remain cautious about FIS’s near-term earnings outlook and valuation, contributing to pressure on the shares. Susquehanna cuts FIS price target

Hedge Funds Weigh In On Fidelity National Information Services

Large investors have recently modified their holdings of the company. Rexford Capital Inc. raised its stake in Fidelity National Information Services by 16.1% during the 1st quarter. Rexford Capital Inc. now owns 1,656 shares of the information technology services provider's stock valued at $78,000 after purchasing an additional 230 shares during the last quarter. Azzad Asset Management Inc. ADV grew its position in Fidelity National Information Services by 2.0% in the 1st quarter. Azzad Asset Management Inc. ADV now owns 12,598 shares of the information technology services provider's stock worth $591,000 after purchasing an additional 250 shares during the last quarter. Dynamic Advisor Solutions LLC grew its position in Fidelity National Information Services by 4.8% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 6,316 shares of the information technology services provider's stock worth $246,000 after purchasing an additional 290 shares during the last quarter. New England Capital Financial Advisors LLC increased its holdings in shares of Fidelity National Information Services by 21.8% during the 1st quarter. New England Capital Financial Advisors LLC now owns 1,692 shares of the information technology services provider's stock worth $79,000 after purchasing an additional 303 shares during the period. Finally, Bleakley Financial Group LLC increased its holdings in shares of Fidelity National Information Services by 0.3% during the 1st quarter. Bleakley Financial Group LLC now owns 115,095 shares of the information technology services provider's stock worth $5,399,000 after purchasing an additional 328 shares during the period. 96.23% of the stock is owned by hedge funds and other institutional investors.

Fidelity National Information Services Company Profile

Fidelity National Information Services, Inc NYSE: FIS is a global financial technology company that provides software, payments, and transaction-processing solutions to financial institutions, businesses, and other organizations. Its offerings help clients manage banking operations, digital accounts, payments, risk, compliance, and customer relationships.

FIS provides core processing and digital banking platforms, payment processing and merchant solutions, fraud and security tools, and technology for lending, wealth management, and capital markets.

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