Shift4 Payments, Inc. $FOUR Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC cut its stake in Shift4 Payments, Inc. (NYSE:FOUR) by 98.6% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,838 shares of the company’s stock after selling 200,227 shares during the period. SG Americas Securities LLC’s holdings in Shift4 Payments were worth $124,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. CIBC Bancorp USA Inc. purchased a new stake in shares of Shift4 Payments in the 3rd quarter valued at about $77,303,000. Wasatch Advisors LP grew its stake in Shift4 Payments by 16.4% during 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 last quarter. Bank of Montreal Can increased its position in Shift4 Payments by 3,048.9% during the fourth 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 acquired a new position in Shift4 Payments during the fourth quarter worth approximately $51,635,000. Finally, Marshall Wace LLP lifted its stake in Shift4 Payments by 97.2% in the fourth quarter. Marshall Wace LLP now owns 1,655,485 shares of the company’s stock valued at $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.

Shift4 Payments Price Performance

Shift4 Payments stock opened at $50.86 on Monday. The company has a debt-to-equity ratio of 2.55, a current ratio of 1.22 and a quick ratio of 1.22. The business has a 50 day simple moving average of $43.28 and a 200-day simple moving average of $50.14. Shift4 Payments, Inc. has a 12 month low of $34.56 and a 12 month high of $108.50. The stock has a market capitalization of $4.03 billion, a PE ratio of 60.54, a price-to-earnings-growth ratio of 0.55 and a beta of 1.41.

Shift4 Payments (NYSE:FOUR) last released its earnings results on Thursday, May 7th. The company reported $0.97 EPS for the quarter, missing the consensus estimate of $0.99 by ($0.02). The firm had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.09 billion. Shift4 Payments had a return on equity of 33.55% and a net margin of 2.63%.The firm’s revenue was up 49.0% on a year-over-year basis. During the same quarter last year, the business posted $1.07 EPS. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. Equities analysts predict that Shift4 Payments, Inc. will post 4.77 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on FOUR. Seaport Research Partners lowered shares of Shift4 Payments from a “buy” rating to a “neutral” rating in a research report on Thursday, April 16th. Wolfe Research cut shares of Shift4 Payments from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, April 15th. DA Davidson decreased their price target on shares of Shift4 Payments from $82.00 to $74.00 and set a “buy” rating for the company in a research note on Tuesday, May 12th. Evercore set a $45.00 price objective on shares of Shift4 Payments in a research report on Monday, May 18th. Finally, BTIG Research restated a “buy” rating and issued a $70.00 price objective on shares of Shift4 Payments in a research note on Thursday, May 7th. Ten analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $68.24.

Insiders Place Their Bets

In other Shift4 Payments news, major shareholder Jared Isaacman bought 193,000 shares of the company’s stock in a transaction on Tuesday, May 12th. The shares were bought at an average price of $40.66 per share, for a total transaction of $7,847,380.00. Following the transaction, the insider owned 1,787,455 shares of the company’s stock, valued at approximately $72,677,920.30. This trade represents a 12.10% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 1.54% of the company’s stock.

Shift4 Payments Company Profile

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.