Shift4 Payments, Inc. (NYSE:FOUR - Get Free Report) major shareholder Jared Isaacman acquired 45,693 shares of the company's stock in a transaction dated Monday, March 2nd. The stock was purchased at an average cost of $43.83 per share, for a total transaction of $2,002,724.19. Following the purchase, the insider directly owned 1,366,900 shares in the company, valued at approximately $59,911,227. This represents a 3.46% increase in their position. The purchase was disclosed in a filing with the SEC, which is available through this link. Major shareholders that own at least 10% of a company's stock are required to disclose their transactions with the SEC.
Jared Isaacman also recently made the following trade(s):
- On Friday, February 27th, Jared Isaacman bought 159,244 shares of Shift4 Payments stock. The shares were purchased at an average cost of $44.15 per share, with a total value of $7,030,622.60.
- On Thursday, February 26th, Jared Isaacman purchased 136,993 shares of Shift4 Payments stock. The stock was acquired at an average price of $48.38 per share, for a total transaction of $6,627,721.34.
Shift4 Payments Stock Performance
NYSE:FOUR opened at $47.42 on Thursday. The company has a 50-day moving average of $60.09 and a 200-day moving average of $70.75. The firm has a market cap of $4.20 billion, a price-to-earnings ratio of 45.16, a price-to-earnings-growth ratio of 0.44 and a beta of 1.65. The company has a current ratio of 1.66, a quick ratio of 1.38 and a debt-to-equity ratio of 4.66. Shift4 Payments, Inc. has a twelve month low of $43.32 and a twelve month high of $108.50.
Shift4 Payments (NYSE:FOUR - Get Free Report) last released its earnings results on Thursday, February 26th. The company reported $1.60 EPS for the quarter, beating the consensus estimate of $1.56 by $0.04. The business had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.20 billion. Shift4 Payments had a net margin of 2.84% and a return on equity of 39.27%. The business's quarterly revenue was up 50.6% on a year-over-year basis. During the same period in the prior year, the business earned $1.35 earnings per share. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. Analysts forecast that Shift4 Payments, Inc. will post 3.7 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Shift4 Payments
Institutional investors and hedge funds have recently bought and sold shares of the stock. Allworth Financial LP increased its holdings in shares of Shift4 Payments by 410.9% during the 2nd quarter. Allworth Financial LP now owns 281 shares of the company's stock worth $28,000 after purchasing an additional 226 shares during the period. Advisors Asset Management Inc. grew its stake in shares of Shift4 Payments by 100.0% in the 1st quarter. Advisors Asset Management Inc. now owns 434 shares of the company's stock valued at $35,000 after purchasing an additional 217 shares during the period. Hantz Financial Services Inc. raised its stake in Shift4 Payments by 148.1% during the third quarter. Hantz Financial Services Inc. now owns 526 shares of the company's stock worth $41,000 after acquiring an additional 314 shares in the last quarter. Empowered Funds LLC acquired a new stake in shares of Shift4 Payments during the 4th quarter worth about $43,000. Finally, Vestcor Inc acquired a new stake in shares of Shift4 Payments during the third quarter worth approximately $45,000. Institutional investors own 98.87% of the company's stock.
Analysts Set New Price Targets
FOUR has been the topic of several recent analyst reports. DA Davidson cut their price objective on Shift4 Payments from $104.00 to $82.00 and set a "buy" rating on the stock in a report on Monday. Deutsche Bank Aktiengesellschaft lowered Shift4 Payments from a "buy" rating to a "hold" rating and decreased their price objective for the stock from $100.00 to $65.00 in a research report on Thursday, January 15th. Mizuho decreased their price target on shares of Shift4 Payments from $102.00 to $90.00 and set an "outperform" rating for the company in a report on Monday, December 22nd. Keefe, Bruyette & Woods lowered their price target on shares of Shift4 Payments from $72.00 to $60.00 and set a "market perform" rating on the stock in a report on Friday, February 27th. Finally, Truist Financial set a $71.00 price objective on Shift4 Payments in a report on Tuesday, January 20th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, Shift4 Payments has an average rating of "Moderate Buy" and a consensus price target of $79.89.
Read Our Latest Research Report on Shift4 Payments
About Shift4 Payments
(
Get Free Report)
Shift4 Payments is a U.S.-based provider of integrated payment processing and technology solutions, serving merchants across the hospitality, retail, e-commerce, gaming and lodging industries. The company's platform enables businesses to accept in-store, online and mobile payments through a combination of point-of-sale hardware, payment gateway services and back-office software. By centralizing transaction processing and reporting, Shift4 aims to simplify payments, enhance security and streamline operations for its merchant customers.
The company's core offerings include encrypted point-of-sale terminals, cloud-based payment gateways, and developer-friendly APIs for online and mobile checkouts.
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