Jared Isaacman Purchases 43,827 Shares of Shift4 Payments (NYSE:FOUR) Stock

Shift4 Payments, Inc. (NYSE:FOUR) major shareholder Jared Isaacman bought 43,827 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The stock was bought at an average price of $45.75 per share, with a total value of $2,005,085.25. Following the completion of the acquisition, the insider owned 1,410,727 shares of the company’s stock, valued at $64,540,760.25. This trade represents a 3.21% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

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

• On Monday, March 2nd, Jared Isaacman purchased 45,693 shares of Shift4 Payments stock. The shares were bought at an average price of $43.83 per share, for a total transaction of $2,002,724.19.
• On Friday, February 27th, Jared Isaacman purchased 159,244 shares of Shift4 Payments stock. The stock was 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 acquired 136,993 shares of Shift4 Payments stock. The stock was bought at an average price of $48.38 per share, with a total value of $6,627,721.34.

Shift4 Payments Stock Performance

Shares of Shift4 Payments stock opened at $46.88 on Wednesday. Shift4 Payments, Inc. has a one year low of $43.32 and a one year high of $108.50. The company has a market cap of $4.15 billion, a PE ratio of 44.65, a P/E/G ratio of 0.36 and a beta of 1.65. The company has a debt-to-equity ratio of 4.66, a quick ratio of 1.66 and a current ratio of 1.66. The business has a 50-day simple moving average of $58.71 and a 200-day simple moving average of $69.42.

Shift4 Payments (NYSE:FOUR) last issued its earnings results on Thursday, February 26th. The company reported $1.60 earnings per share for the quarter, beating the consensus estimate of $1.56 by $0.04. Shift4 Payments had a net margin of 2.84% and a return on equity of 39.27%. The firm had revenue of $610.00 million for the quarter, compared to analysts’ expectations of $1.20 billion. During the same quarter last year, the company earned $1.35 earnings per share. The firm’s revenue was up 50.6% compared to the same quarter last year. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. On average, equities research analysts forecast that Shift4 Payments, Inc. will post 3.7 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on FOUR. Wells Fargo & Company reduced their price objective on shares of Shift4 Payments from $77.00 to $55.00 and set an “equal weight” rating on the stock in a report on Friday, February 27th. Weiss Ratings reissued a “hold (c)” rating on shares of Shift4 Payments in a report on Monday, December 29th. BTIG Research decreased their price target on Shift4 Payments from $80.00 to $70.00 and set a “buy” rating for the company in a report on Thursday, March 5th. Oppenheimer lowered their price objective on Shift4 Payments from $112.00 to $98.00 and set an “outperform” rating for the company in a research report on Monday, January 12th. Finally, Keefe, Bruyette & Woods dropped their price objective on Shift4 Payments from $72.00 to $60.00 and set a “market perform” rating on the stock in a report on Friday, February 27th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $79.89.

Hedge Funds Weigh In On Shift4 Payments

Several large investors have recently bought and sold shares of FOUR. Mawer Investment Management Ltd. increased its position in Shift4 Payments by 66.9% during the third quarter. Mawer Investment Management Ltd. now owns 178,318 shares of the company’s stock worth $13,802,000 after buying an additional 71,489 shares during the period. Rice Hall James & Associates LLC boosted its holdings in shares of Shift4 Payments by 71.3% in the third quarter. Rice Hall James & Associates LLC now owns 584,231 shares of the company’s stock valued at $45,219,000 after acquiring an additional 243,161 shares during the period. Maestria Partners LLC boosted its holdings in shares of Shift4 Payments by 36.6% in the third quarter. Maestria Partners LLC now owns 372,423 shares of the company’s stock valued at $28,826,000 after acquiring an additional 99,723 shares during the period. Jackson Square Partners LLC purchased a new position in shares of Shift4 Payments during the third quarter worth approximately $5,735,000. Finally, Nordea Investment Management AB grew its position in shares of Shift4 Payments by 56.4% during the third quarter. Nordea Investment Management AB now owns 92,832 shares of the company’s stock worth $7,057,000 after acquiring an additional 33,472 shares during the last quarter. Institutional investors and hedge funds own 98.87% of the company’s stock.

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.