On a relative basis, the stock has outperformed the S&P 500 by 0.75% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.67% in the last 1 week, and is up 5.15% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 3.63% and the 50-Day Moving Average is 4.2%.
Fidelity National Information Services (NYSE:FIS): The stock opened at $77.15 on Friday but the bulls could not build on the opening and the stock topped out at $77.25 for the day. The stock traded down to $76.50 during the day, due to lack of any buying support eventually closed down at $76.54 with a loss of -0.46% for the day. The stock had closed at $76.89 on the previous day. The total traded volume was 1,556,887 shares.
The company Insiders own 2.29% of Fidelity National Information Services shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -11.78% . Institutional Investors own 86.81% of Fidelity National Information Services shares. During last six month period, the net percent change held by insiders has seen a change of -25.05%. In a related news, The Director, of Fidelity National Information Services, Inc., Stallings James B Jr had unloaded 1,038 shares at $72.26 per share in a transaction on June 29, 2016. The total value of transaction was $75,006. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
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.