Key Points
- CRO Paul Christians sold 9,000 shares on Dec. 3 at an average price of $23.27 (totaling $209,430), reducing his ownership by 16.42% to 45,818 shares valued at roughly $1.07M; he had also sold 3,292 shares on Nov. 26.
- i3 Verticals beat quarterly EPS expectations, reporting $0.27 vs. $0.26 consensus and $109.8M in revenue, and issued FY2026 guidance of $1.060–$1.160 EPS.
- Analyst sentiment is mixed: some firms cut targets (e.g., Morgan Stanley to $28, KeyCorp to $32) while Benchmark reiterated a buy, leaving a consensus of “Moderate Buy” with an average target of $33.33.
i3 Verticals, Inc. (NASDAQ:IIIV - Get Free Report) CRO Paul Christians sold 9,000 shares of the business's stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $23.27, for a total value of $209,430.00. Following the completion of the transaction, the executive directly owned 45,818 shares in the company, valued at $1,066,184.86. This represents a 16.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Paul Christians also recently made the following trade(s):
- On Wednesday, November 26th, Paul Christians sold 3,292 shares of i3 Verticals stock. The stock was sold at an average price of $23.78, for a total value of $78,283.76.
i3 Verticals Trading Up 0.8%
IIIV stock traded up $0.19 during mid-day trading on Friday, reaching $23.28. The company's stock had a trading volume of 19,656 shares, compared to its average volume of 270,007. i3 Verticals, Inc. has a 12 month low of $22.00 and a 12 month high of $33.97. The business's 50 day moving average price is $29.31 and its 200 day moving average price is $28.72. The company has a market cap of $752.95 million, a price-to-earnings ratio of 34.16 and a beta of 1.06.
i3 Verticals (NASDAQ:IIIV - Get Free Report) last posted its quarterly 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 firm had revenue of $109.80 million for 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. As a group, equities analysts expect that i3 Verticals, Inc. will post 0.9 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Several equities research analysts have weighed in on the stock. Morgan Stanley decreased their price target on shares of i3 Verticals from $30.00 to $28.00 and set an "equal weight" rating for the company in a research note on Wednesday, November 19th. KeyCorp decreased their target price on i3 Verticals from $35.00 to $32.00 and set an "overweight" rating for the company in a research report on Wednesday, November 19th. Zacks Research upgraded i3 Verticals from a "strong sell" rating to a "hold" rating in a report on Thursday, October 30th. Weiss Ratings restated a "hold (c)" rating on shares of i3 Verticals in a report on Monday. Finally, Benchmark reiterated a "buy" rating and issued a $39.00 target price (up from $33.00) on shares of i3 Verticals in a report on Monday, August 11th. Four equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, i3 Verticals presently has an average rating of "Moderate Buy" and an average target price of $33.33.
Read Our Latest Research Report on i3 Verticals
Institutional Trading of i3 Verticals
Several institutional investors and hedge funds have recently modified their holdings of IIIV. Elevation Point Wealth Partners LLC bought a new position in shares of i3 Verticals in the second quarter valued at approximately $26,000. BNP Paribas Financial Markets raised its position in i3 Verticals by 65.5% in the 2nd quarter. BNP Paribas Financial Markets now owns 2,198 shares of the company's stock valued at $60,000 after buying an additional 870 shares during the last quarter. Tower Research Capital LLC TRC lifted its stake in i3 Verticals by 229.9% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,220 shares of the company's stock valued at $61,000 after acquiring an additional 1,547 shares in the last quarter. Advisory Services Network LLC purchased a new position in i3 Verticals during the 3rd quarter worth $75,000. Finally, Johnson Financial Group Inc. bought a new stake in shares of i3 Verticals in the 3rd quarter worth $79,000. 84.22% of the stock is owned by hedge funds and other institutional investors.
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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