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Investing in Fidelity National Information Services, Inc. (FIS) Is Getting More Attractive

Fidelity National Information Services, Inc.’s recent filing unveils that its Director Goldstein Jeffrey A acquired Company’s shares for reported $54228.0 on Jan 17 ’24. In the deal valued at $60.32 per share,899 shares were bought. As a result of this transaction, Goldstein Jeffrey A now holds 8,277 shares worth roughly $0.6 million.

Then, Alemany Ellen R bought 735 shares, generating $44,335 in total proceeds. Upon buying the shares at $60.32, the Director now owns 35,333 shares.

Before that, Goldstein Jeffrey A bought 1,045 shares. Fidelity National Information Services, Inc. shares valued at $55,385 were divested by the Director at a price of $53.00 per share. As a result of the transaction, Goldstein Jeffrey A now holds 7,378 shares, worth roughly $0.53 million.

Robert W. Baird downgraded its Fidelity National Information Services, Inc. [FIS] rating to a Neutral from a an Outperform in a research note published on March 13, 2024; the price target was increased to $78 from $76. Barclays revised its rating on October 19, 2023. It rated FIS as “an Overweight” which previously was an “an Equal weight”.

Price Performance Review of FIS

On Friday, Fidelity National Information Services, Inc. [NYSE:FIS] saw its stock jump 0.75% to $72.44. Over the last five days, the stock has lost -2.35%. Fidelity National Information Services, Inc. shares have risen nearly 20.59% since the year began. Nevertheless, the stocks have risen 36.81% over the past one year. While a 52-week high of $74.75 was reached on 03/28/24, a 52-week low of $46.91 was recorded on 01/18/24. SMA at 50 days reached $67.13, while 200 days put it at $59.21. A total of 2.87 million shares were traded, compared to the trading of 2.64 million shares in the previous session.

Levels Of Support And Resistance For FIS Stock

The 24-hour chart illustrates a support level at 71.85, which if violated will result in even more drops to 71.27. On the upside, there is a resistance level at 72.86. A further resistance level may holdings at 73.29. The Relative Strength Index (RSI) on the 14-day chart is 60.01, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.38, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 36.75%. Stochastics %K at 64.77% indicates the stock is a holding.

How much short interest is there in Fidelity National Information Services, Inc.?

A steep rise in short interest was recorded in Fidelity National Information Services, Inc. stocks on Mar 15, 2024, growing by 0.27 million shares to a total of 14.19 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 13.92 million shares. There was a rise of 1.9%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 2.47% of the overall stock float, the days-to-cover ratio (short ratio) rose to 3.13.

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