FIS CD Prediction Clearing
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Fidelity National Information Services (FIS) Launches CD Prediction Clearing
Yahoo Finance· 2026-03-30 19:24
Group 1 - Fidelity National Information Services, Inc. (NYSE:FIS) is recognized as one of the 10 high PE stocks that insiders are buying [1] - On March 24, 2026, the company launched FIS CD Prediction Clearing, a solution for 24/7 post-trade clearing for regulated prediction markets, enhancing scalability and reducing infrastructure costs through real-time processing and cloud-native architecture [2] - CEO Stephanie Ferris purchased 19.8K shares of common stock on March 5, valued at $1.0 million, indicating insider confidence in the company's prospects [3] Group 2 - Goldman Sachs reinstated coverage on FIS with a Buy rating and a $70 price target, highlighting the company's transition to a pure play on bank software and infrastructure, and projecting mid-single-digit annual recurring revenue growth [4]