Shift4 Payments (NYSE:FOUR) Major Shareholder Purchases $7,847,380.00 in Stock

Shift4 Payments, Inc. (NYSE:FOUR) major shareholder Jared Isaacman purchased 193,000 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The shares were bought at an average cost of $40.66 per share, with a total value of $7,847,380.00. Following the purchase, the insider directly owned 1,787,455 shares of the company’s stock, valued at approximately $72,677,920.30. This represents a 12.10% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Jared Isaacman also recently made the following trade(s):

• On Monday, May 11th, Jared Isaacman bought 195,500 shares of Shift4 Payments stock. The stock was purchased at an average price of $41.41 per share, with a total value of $8,095,655.00.
• On Tuesday, March 10th, Jared Isaacman acquired 43,827 shares of Shift4 Payments stock. The stock was acquired at an average cost of $45.75 per share, with a total value of $2,005,085.25.
• On Monday, March 2nd, Jared Isaacman purchased 45,693 shares of Shift4 Payments stock. The stock was acquired at an average cost of $43.83 per share, with a total value of $2,002,724.19.
• On Friday, February 27th, Jared Isaacman bought 159,244 shares of Shift4 Payments stock. The shares were bought at an average cost of $44.15 per share, for a total transaction of $7,030,622.60.
• On Thursday, February 26th, Jared Isaacman bought 136,993 shares of Shift4 Payments stock. The stock was bought at an average price of $48.38 per share, for a total transaction of $6,627,721.34.

Shift4 Payments Stock Performance

FOUR stock opened at $40.81 on Wednesday. Shift4 Payments, Inc. has a one year low of $39.61 and a one year high of $108.50. The firm has a market cap of $3.32 billion, a price-to-earnings ratio of 48.58, a PEG ratio of 0.46 and a beta of 1.44. The company has a debt-to-equity ratio of 2.55, a quick ratio of 1.66 and a current ratio of 1.22. The firm has a 50-day simple moving average of $45.33 and a two-hundred day simple moving average of $57.95.

Shift4 Payments (NYSE:FOUR) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.97 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.02). Shift4 Payments had a return on equity of 33.55% and a net margin of 2.63%.The firm had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.09 billion. During the same period in the previous year, the firm earned $1.07 EPS. The firm’s quarterly revenue was up 49.0% on a year-over-year basis. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. On average, equities analysts forecast that Shift4 Payments, Inc. will post 4.65 EPS for the current fiscal year.

Institutional Trading of Shift4 Payments

Large investors have recently added to or reduced their stakes in the company. CIBC Bancorp USA Inc. acquired a new position in shares of Shift4 Payments in the third quarter valued at about $77,303,000. Wasatch Advisors LP increased its holdings in Shift4 Payments by 16.4% in the 2nd quarter. Wasatch Advisors LP now owns 6,338,567 shares of the company’s stock worth $628,215,000 after buying an additional 890,990 shares during the period. Bank of Montreal Can increased its holdings in Shift4 Payments by 3,048.9% in the 4th quarter. Bank of Montreal Can now owns 872,453 shares of the company’s stock worth $54,938,000 after buying an additional 844,746 shares during the period. Norges Bank purchased a new position in Shift4 Payments during the 4th quarter worth approximately $51,635,000. Finally, Marshall Wace LLP raised its position in Shift4 Payments by 97.2% during the 4th quarter. Marshall Wace LLP now owns 1,655,485 shares of the company’s stock worth $104,246,000 after buying an additional 816,155 shares during the last quarter. Hedge funds and other institutional investors own 98.87% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on FOUR shares. Benchmark decreased their price objective on Shift4 Payments from $100.00 to $67.00 and set a “buy” rating for the company in a report on Monday, March 2nd. BMO Capital Markets began coverage on Shift4 Payments in a research report on Tuesday, April 21st. They set a “market perform” rating and a $50.00 target price on the stock. Royal Bank Of Canada decreased their price target on Shift4 Payments from $73.00 to $65.00 and set an “outperform” rating for the company in a research note on Friday. The Goldman Sachs Group dropped their price target on Shift4 Payments from $81.00 to $56.00 and set a “neutral” rating on the stock in a research note on Monday, March 2nd. Finally, Stephens downgraded shares of Shift4 Payments from an “overweight” rating to an “equal weight” rating and set a $50.00 price objective on the stock. in a report on Friday, April 17th. Eleven equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $71.62.

About Shift4 Payments

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.