A Director at Fidelity National Info (NYSE: FIS) is Buying Shares

Yesterday, a Director at Fidelity National Info (NYSE: FIS), Thomas M. Hagerty, bought shares of FIS for $133.1K.

Following Thomas M. Hagerty’s last FIS Buy transaction on May 06, 2013, the stock climbed by 56.5%. This recent transaction increases Thomas M. Hagerty’s holding in the company by 12.89% to a total of $4 million.

The company has a one-year high of $96.67 and a one-year low of $73.89. FIS’s market cap is $30.8B and the company has a P/E ratio of 46.38. Currently, Fidelity National Info has an average volume of 4.39M.

Starting in May 2017, FIS received 39 Buy ratings in a row. 24 different firms, including Barclays and Merrill Lynch, currently also have a Buy rating on the stock. Based on 12 badyst ratings, the badyst consensus is Strong Buy with an average price target of $102.58, reflecting a -9.6% downside.

The insider sentiment on Fidelity National Info has been negative according to 80 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Fidelity National Information Services, Inc. is a financial services technology company, which focuses on retail and institutional banking, payments, badet and wealth management, risk and compliance, consulting and outsourcing solutions. It operates through the following business segments: Integrated Financial Solutions, Global Financial Solutions, and Corporate & Other. The Integrated Financial Solutions segment focuses on serving the North American regional and community bank market for transaction and account processing, payment solutions, channel solutions, digital channels, risk and compliance solutions, and services, capitalizing on the continuing trend to outsource these solutions. The Global Financial Solutions segment serves the largest financial institutions around the globe with banking and payments solutions, as well as consulting and transformation services. The Corporate & Other segment consists of corporate overhead expense, certain leveraged functions and miscellaneous expenses that are not included in the operating segments. The company was founded in 1968 and is headquartered in Jacksonville, FL.

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