Insider Selling: i3 Verticals (NASDAQ:IIIV) CRO Sells $142,214.06 in Stock

i3 Verticals, Inc. (NASDAQ:IIIV) CRO Paul Christians sold 6,122 shares of the business’s stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $23.23, for a total transaction of $142,214.06. Following the completion of the transaction, the executive directly owned 31,250 shares of the company’s stock, valued at approximately $725,937.50. This represents a 16.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

i3 Verticals Stock Performance

i3 Verticals stock opened at $23.22 on Thursday. The firm’s fifty day moving average price is $23.50 and its 200-day moving average price is $27.05. The stock has a market cap of $707.65 million, a P/E ratio of 37.45 and a beta of 0.97. i3 Verticals, Inc. has a fifty-two week low of $19.89 and a fifty-two week high of $33.97.

i3 Verticals (NASDAQ:IIIV) last posted its quarterly earnings data on Thursday, February 5th. The company reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.02. The company had revenue of $52.67 million during the quarter, compared to the consensus estimate of $52.18 million. i3 Verticals had a net margin of 7.33% and a return on equity of 4.32%. i3 Verticals has set its FY 2026 guidance at 1.080-1.160 EPS. On average, analysts predict that i3 Verticals, Inc. will post 0.9 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of IIIV. Elevation Point Wealth Partners LLC bought a new position in i3 Verticals during the 2nd quarter valued at approximately $26,000. CWM LLC grew its position in shares of i3 Verticals by 221.7% in the 4th quarter. CWM LLC now owns 1,393 shares of the company’s stock worth $35,000 after buying an additional 960 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its stake in shares of i3 Verticals by 1,299.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,371 shares of the company’s stock valued at $35,000 after buying an additional 1,273 shares during the period. Global Retirement Partners LLC raised its holdings in shares of i3 Verticals by 8,259.1% during the fourth quarter. Global Retirement Partners LLC now owns 1,839 shares of the company’s stock valued at $46,000 after acquiring an additional 1,817 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its holdings in shares of i3 Verticals by 65.5% during the second quarter. BNP Paribas Financial Markets now owns 2,198 shares of the company’s stock valued at $60,000 after acquiring an additional 870 shares in the last quarter. Hedge funds and other institutional investors own 84.22% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on IIIV. KeyCorp cut their price objective on i3 Verticals from $32.00 to $30.00 and set an “overweight” rating for the company in a report on Monday, February 9th. Weiss Ratings cut i3 Verticals from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, February 23rd. Morgan Stanley dropped their target price on i3 Verticals from $28.00 to $22.00 and set an “equal weight” rating for the company in a research report on Monday, February 9th. Benchmark reaffirmed a “buy” rating on shares of i3 Verticals in a research note on Monday, February 9th. Finally, DA Davidson reiterated a “buy” rating and set a $35.00 price target on shares of i3 Verticals in a research report on Monday, February 2nd. Four research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $33.20.

i3 Verticals Company Profile

i3 Verticals, Inc is a provider of integrated software and merchant payment processing solutions tailored for specific vertical markets across the United States. Since its founding in 2001 and headquartered in Columbia, South Carolina, the company has focused on delivering SaaS-based applications and payment services to streamline revenue collection and management workflows for its clients.

The company’s product portfolio includes electronic payment processing for credit and debit card transactions, automated clearing house (ACH) transfers, online and mobile payment portals, and related risk management and compliance tools.