Rep. Gilbert Ray Cisneros Jr. (D-CA) Sells FIS Stock

Gilbert Ray Cisneros Jr., a Democratic member of the House representing California's 31st district, sold between $1,001 and $15,000 worth of shares in Fidelity National Information Services, Inc. (FIS) on September 18, 2026. The transaction was reported on October 12, 2026, under the STOCK Act, which requires members of Congress to disclose trades after they occur.

What Changed in Cisneros Jr.'s FIS Position

Cisneros Jr. sold shares of FIS, which is a technology company that provides solutions to financial institutions and businesses worldwide. This sale comes as the stock recently traded around $36.06, below both its 50-day moving average of approximately $38.14 and its 200-day moving average of about $45.33.

Other Institutional Activity in FIS

Several other institutional investors have adjusted their positions in FIS recently. Dodge & Cox Inc. reduced its holdings by 4,907 shares, leaving it with about 49.1 million shares valued at approximately $1.77 billion. Blackrock Inc. decreased its stake by 12,507,723 shares, ending with 44.5 million shares worth about $1.60 billion. Conversely, Vanguard Capital Management LLC added 214,559 shares, increasing its total to about 33.7 million shares valued at roughly $1.21 billion. JPMorgan Chase & Co. cut its position by 11,135,388 shares, resulting in 26.6 million shares worth about $957.4 million. State Street Corporation also grew its stake by 525,874 shares, totaling approximately 25.8 million shares valued at about $929.4 million.

Fidelity National Information Services, Inc. Stock Down 0.2%

As of October 16, 2026, FIS shares are trading at $36.06, which is below their 50-day moving average and significantly below their 52-week high of $68.98. The stock is currently about 24.9% below the mean price target of $48, set by analysts, indicating a potential undervaluation.

Recent Earnings

Fidelity National Information Services reported trailing twelve-month revenue of approximately $12.2 billion, with a net margin of 27.6% and a return on equity of 22.3%. The next earnings report is scheduled for November 3, 2026.

Insider Buying and Selling at Fidelity National Information Services, Inc.

Prior to Cisneros Jr.'s sale, several insiders made notable transactions. Jeffrey A. Goldstein, a Director, bought 941 shares at an average price of $64.11 on January 15, 2026. CEO Stephanie Ferris purchased 19,846 shares for about $1 million on March 5, 2026. Goldstein also acquired additional shares in April and July, indicating confidence in the company's future.

Analysts Set New Price Targets

On September 25, 2026, Baird maintained a Neutral rating on FIS with a price target of $45, down from $48. Deutsche Bank also kept its Hold rating but lowered the target to $40 from $45 on September 29. TD Cowen maintained a Buy rating with a target of $47, reduced from $53 on October 9. Barclays and Susquehanna both maintained their ratings with targets of $38 and $37, respectively, reflecting a cautious outlook as the stock trades below its historical averages.

About Fidelity National Information Services

Fidelity National Information Services, Inc. provides a range of technology solutions for financial institutions and businesses globally. The company operates in various segments, including Banking Solutions and Capital Market Solutions. Its services include mobile banking, fraud management, and payment processing. This matters for Cisneros Jr.'s constituents as FIS plays a significant role in the technology landscape that supports financial services.

Bottom Line

Investors will be watching FIS closely as it approaches its next earnings date on November 3, 2026. With recent analyst adjustments and insider trades, market sentiment appears mixed, reflecting the stock's current trading position and broader industry trends.