Key Points
- CRO Paul Christians sold 3,292 shares of i3 Verticals on Nov. 26 at an average price of $23.78, reducing his stake by 5.67% to 54,818 shares valued at about $1.30M (SEC filing).
- i3 Verticals reported quarterly EPS of $0.27 (beat by $0.01) and revenue of $109.8M, and set FY2026 guidance of 1.060–1.160 EPS.
- Wall Street’s consensus is a “Moderate Buy” with an average price target of $33.33, and roughly 84% of the stock is held by institutional investors.
i3 Verticals, Inc. (NASDAQ:IIIV - Get Free Report) CRO Paul Christians sold 3,292 shares of the stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $23.78, for a total transaction of $78,283.76. Following the completion of the transaction, the executive directly owned 54,818 shares of the company's stock, valued at $1,303,572.04. This trade represents a 5.67% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
i3 Verticals Trading Down 0.3%
NASDAQ IIIV opened at $23.59 on Tuesday. The stock's 50 day moving average is $29.82 and its two-hundred day moving average is $28.82. The company has a market capitalization of $763.14 million, a price-to-earnings ratio of 34.69 and a beta of 1.06. i3 Verticals, Inc. has a 1-year low of $22.00 and a 1-year high of $33.97.
i3 Verticals (NASDAQ:IIIV - Get Free Report) last issued its earnings results on Monday, November 17th. The company reported $0.27 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.26 by $0.01. The business had revenue of $109.80 million during the quarter, compared to analysts' expectations of $53.68 million. i3 Verticals had a return on equity of 4.66% and a net margin of 7.72%. i3 Verticals has set its FY 2026 guidance at 1.060-1.160 EPS. On average, analysts predict that i3 Verticals, Inc. will post 0.9 earnings per share for the current year.
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on the company. Benchmark reissued a "buy" rating and set a $39.00 price objective (up from $33.00) on shares of i3 Verticals in a report on Monday, August 11th. DA Davidson set a $35.00 price target on shares of i3 Verticals in a research report on Thursday, November 20th. Stephens raised their price objective on shares of i3 Verticals from $35.00 to $40.00 and gave the stock an "overweight" rating in a report on Monday, August 11th. Zacks Research upgraded shares of i3 Verticals from a "strong sell" rating to a "hold" rating in a research note on Thursday, October 30th. Finally, KeyCorp decreased their price target on i3 Verticals from $35.00 to $32.00 and set an "overweight" rating on the stock in a research report on Wednesday, November 19th. Four analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $33.33.
Check Out Our Latest Stock Report on IIIV
Hedge Funds Weigh In On i3 Verticals
A number of large investors have recently modified their holdings of IIIV. Avantax Advisory Services Inc. grew its stake in shares of i3 Verticals by 8.5% during the first quarter. Avantax Advisory Services Inc. now owns 17,473 shares of the company's stock valued at $431,000 after purchasing an additional 1,368 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in i3 Verticals by 11.2% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 7,926 shares of the company's stock worth $196,000 after buying an additional 796 shares in the last quarter. Nuveen LLC bought a new position in i3 Verticals in the 1st quarter valued at $1,337,000. Russell Investments Group Ltd. increased its stake in shares of i3 Verticals by 28.0% in the 1st quarter. Russell Investments Group Ltd. now owns 390,724 shares of the company's stock valued at $9,639,000 after buying an additional 85,380 shares during the period. Finally, American Century Companies Inc. raised its position in shares of i3 Verticals by 29.9% during the first quarter. American Century Companies Inc. now owns 35,133 shares of the company's stock worth $867,000 after acquiring an additional 8,081 shares during the last quarter. 84.22% of the stock is currently owned by institutional investors and hedge funds.
About i3 Verticals
(
Get Free Report)
i3 Verticals, Inc provides integrated payment and software solutions primarily to the public sector and healthcare markets in the United States. It operates in two segments, Software and Services, and Merchant Services. The company offers payment processing services that enables upper and lower court case management, collections, finance and accounting, motor vehicle and carrier registration, e-filing and taxation, license plate inventory, property tax management, utility billing, professional licensing, document workflow, and law enforcement software; assists public schools in completing payment processing functions, including accepting payments for online or at school lunches, and school activities.
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