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Prana Capital Management LP Has $39.98 Million Stake in Fidelity National Information Services, Inc. $FIS
Prana Capital Management LP significantly increased its stake in Fidelity National Information Services (FIS) by 110.3% in the third quarter, now holding 606,232 shares valued at approximately $39.98 million. Despite slightly missing quarterly EPS estimates, FIS beat revenue expectations, issued positive forward guidance for 2026, and raised its quarterly dividend. Institutional ownership remains high, and analysts maintain a “Moderate Buy” rating for the stock.