Mutual of America Capital Management LLC Takes Position in i3 Verticals, Inc. $IIIV

Mutual of America Capital Management LLC bought a new position in shares of i3 Verticals, Inc. (NASDAQ:IIIV) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 96,884 shares of the company’s stock, valued at approximately $3,145,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Strs Ohio purchased a new position in i3 Verticals in the third quarter worth approximately $351,000. Simplicity Wealth LLC purchased a new stake in shares of i3 Verticals during the 3rd quarter worth $491,000. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of i3 Verticals during the 3rd quarter worth $332,000. Ferguson Wellman Capital Management Inc. acquired a new position in shares of i3 Verticals during the third quarter worth $234,000. Finally, Benjamin Edwards Inc. acquired a new position in shares of i3 Verticals during the third quarter worth $406,000. Institutional investors and hedge funds own 84.22% of the company’s stock.

i3 Verticals Trading Up 1.9%

Shares of NASDAQ IIIV opened at $22.21 on Friday. The stock has a market cap of $718.49 million, a P/E ratio of 32.66 and a beta of 1.01. i3 Verticals, Inc. has a twelve month low of $21.52 and a twelve month high of $33.97. The stock has a 50 day moving average of $24.99 and a two-hundred day moving average of $28.53.

i3 Verticals (NASDAQ:IIIV) last announced its earnings results on Monday, November 17th. The company reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.26 by $0.01. i3 Verticals had a net margin of 7.72% and a return on equity of 4.66%. The business had revenue of $109.80 million for the quarter, compared to analyst estimates of $53.68 million. i3 Verticals has set its FY 2026 guidance at 1.060-1.160 EPS. As a group, research analysts predict that i3 Verticals, Inc. will post 0.9 earnings per share for the current year.

Insider Transactions at i3 Verticals

In other i3 Verticals news, President Frederick Stanford sold 11,347 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $24.21, for a total transaction of $274,710.87. Following the completion of the sale, the president directly owned 43,653 shares of the company’s stock, valued at $1,056,839.13. This represents a 20.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CRO Paul Christians sold 9,000 shares of the stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $23.27, for a total value of $209,430.00. Following the sale, the executive directly owned 45,818 shares of the company’s stock, valued at $1,066,184.86. The trade was a 16.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 23,639 shares of company stock valued at $562,425 over the last ninety days. Corporate insiders own 60.09% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on IIIV. Zacks Research raised i3 Verticals from a “strong sell” rating to a “hold” rating in a report on Thursday, October 30th. DA Davidson set a $35.00 target price on i3 Verticals in a research report on Thursday, November 20th. KeyCorp lowered their price target on i3 Verticals from $35.00 to $32.00 and set an “overweight” rating for the company in a report on Wednesday, November 19th. Weiss Ratings reiterated a “hold (c)” rating on shares of i3 Verticals in a research note on Monday, December 29th. Finally, Morgan Stanley reduced their price objective on shares of i3 Verticals from $30.00 to $28.00 and set an “equal weight” rating for the company in a research report on Wednesday, November 19th. Four equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $33.33.

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.