The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Fidelity National Information Services, Inc. shares valued at $56,087 were purchased by Goldstein Jeffrey A on Apr 15 ’24. At $72.37 per share, Goldstein Jeffrey A acquired 775 shares. The insider’s holdings grew to 9,052 shares worth approximately $0.64 million following the completion of this transaction.
Also, Goldstein Jeffrey A purchased 899 shares, netting a total of over 54,228 in proceeds. Following the buying of shares at $60.32 each, the insider now holds 8,277 shares.
Before that, Alemany Ellen R had added 735 shares to its account. In a trade valued at $44,335, the Director bought Fidelity National Information Services, Inc. shares for $60.32 each. Upon closing the transaction, the insider’s holdings increased to 735 shares, worth approximately $2.49 million.
As published in a research note from Exane BNP Paribas on April 11, 2024, Fidelity National Information Services, Inc. [FIS] has been rated down from an Outperform to a Neutral and the price target has been revised to $72. Analysts at Robert W. Baird downgraded the stock from ‘”an Outperform”‘ to ‘”a Neutral”‘ outlook in a report released in mid March.
Analyzing FIS Stock Performance
During the last five days, there has been a drop of approximately -3.14%. Over the course of the year, Fidelity National Information Services, Inc. shares have jumped approximately 17.11%. Shares of the company reached a 52-week high of $74.75 on 03/28/24 and a 52-week low of $58.24 on 01/18/24. A 50-day SMA is recorded $68.59, while a 200-day SMA reached $59.96. Nevertheless, trading volume fell to 2.95 million shares from 3.15 million shares the previous day.
Support And Resistance Levels for Fidelity National Information Services, Inc. (FIS)
According to the 24-hour chart, there is a support level at 69.90, which, if violated, would cause prices to drop to 69.45. In the upper region, resistance lies at 71.00. The next price resistance is at 71.66. RSI (Relative Strength Index) is 47.16 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.70, which suggests the price will decrease in the coming days. Percent R is at 94.62%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
