In recent activity involving Fidelity National Information Services (FIS), the fintech giant experienced a flurry of institutional trading. Several firms, including Sound Shore Management Inc. CT, Diamond Hill Capital Inc., South Dakota Investment Council, and Wealthfront Advisers LLC, have increased their stakes in FIS. Contrarily, Cwm LLC, Victory Capital Management Inc, and Citizens National Bank Trust Department sold shares. On the individuals' front, a notable purchase is by an insider who bought 757 shares additionally, Director Goldstein acquired $60k worth of FIS stock.
Furthermore, FIS has been in significant business engagements recently. It expanded its partnership with Visa for additional card services, completed the acquisition of Demica and Dragonfly, and partnered with MUFG Securities. FIS also sold its stake in Worldpay as part of a precursory deal to acquire Global Payments' Issuer Solutions Business in a multibillion-dollar agreement.
Despite some negative sentiment due to layoffs at its Seattle office and a disappointing outlook, FIS still achieved strong Q1 2025 earnings, and FIS is recognized as one World's Top Fintech Companies by CNBC as well as Verdence Capital Advisors. With plans to report its Q2 earnings on August 5, 2025, the overall reception to FIS activities remains mixed.
Fidelity National Information Services FIS News Analytics from Mon, 09 Dec 2024 08:00:00 GMT to Sat, 26 Jul 2025 15:24:50 GMT - Rating 4 - Innovation 4 - Information 6 - Rumor 7
