Fidelity National Information Services, Inc. (FIS) Files Form 4 Insider Selling : David K Hunt Sells 14,738 Shares

Fidelity National Information Services, Inc. (FIS): David K Hunt , director of Fidelity National Information Services, Inc. sold 14,738 shares on May 23, 2016. The Insider selling transaction was reported by the company on May 24, 2016 to the Securities and Exchange Commission. The shares were sold at $72.54 per share for a total value of $1,069,094.50 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 4, 2016, Stephan A James (director) sold 15,800 shares at $65.00 per share price.On Mar 30, 2016, Gary Norcross (President and CEO) sold 170,000 shares at $63.03 per share price.Also, On Mar 28, 2016, James B Jr Stallings (director) sold 800 shares at $62.56 per share price.On Mar 22, 2016, Gregory G Montana (Corp EVP – Chief Risk Officer) sold 46,143 shares at $62.38 per share price.

Fidelity National Information Services: On Friday, May 20, 2016 heightened volatility was witnessed in Fidelity National Information Services which led to swings in the share price. The shares opened for trading at $73.1 and hit $73.1 on the upside , eventually ending the session at $72.98, with a gain of 0.51% or 0.37 points. The heightened volatility saw the trading volume jump to 23,99,678 shares. The 52-week high of the share price is $74.19 and the company has a market cap of $23,825 M . The 52-week low of the share price is at $55.105.

Fidelity National Information Services Money Flow Index Chart

On Apr 29, 2016, Fidelity National Information Services announced a cash dividend of $0.2600. The company’s management has announced Jun 14, 2016 as the ex-dividend date and fixed the record date on Jun 16, 2016. The payable date has been fixed on Jun 30, 2016.

Company has been under the radar of several Street Analysts.Fidelity National Information Services is Upgraded by Sterne Agee CRT to Buy. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on May 11, 2016.Fidelity National Information Services is Upgraded by Jefferies to Buy. Earlier the firm had a rating of Hold on the company shares. The Rating was issued on May 9, 2016.Fidelity National Information Services is Reiterated by Compass Point to Buy and the brokerage firm has raised the Price Target to $ 78 from a previous price target of $72 .The Rating was issued on May 4, 2016.Fidelity National Information Services is Reiterated by RBC Capital Mkts to Outperform and the brokerage firm has raised the Price Target to $ 80 from a previous price target of $78 .The Rating was issued on May 4, 2016.Fidelity National Information Services is Initiated by Compass Point to Buy and the brokerage firm has set the Price Target at $72. The Rating was issued on Apr 15, 2016.

Fidelity National Information Services Inc. is a provider of banking and payments technology consulting and outsourcing solutions. The Company operates through four segments: Financial Solutions Group provides services and software to satisfy the processing technology and outsourcing needs of its financial institution clients in North America. Payment Solutions Group provides services and software for the electronic funds transfer card processing item processing bill payment and government payments processing needs of its clients in North America. International Solutions Group offers banking applications channel solutions debit/credit/and prepaid card and merchant services wealth management services item processing and check risk management solutions to financial institutions card issuers commercial enterprises and government operations. Corporate and Other consists of the corporate overhead and costs of leveraged functions that are not allocated to operating segments.

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