Shift4 Payments (NYSE:FOUR) Insider James Whalen Sells 1,438 Shares

Shift4 Payments, Inc. (NYSE:FOUR) insider James Whalen sold 1,438 shares of the firm’s stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $71.50, for a total transaction of $102,817.00. Following the transaction, the insider directly owned 54,736 shares in the company, valued at $3,913,624. The trade was a 2.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shift4 Payments Stock Performance

Shares of FOUR traded down $2.38 on Friday, reaching $69.88. 2,115,847 shares of the company’s stock traded hands, compared to its average volume of 2,807,804. The stock’s 50 day simple moving average is $77.35 and its two-hundred day simple moving average is $88.01. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 3.27. The stock has a market cap of $6.19 billion, a PE ratio of 32.81, a PEG ratio of 0.73 and a beta of 1.71. Shift4 Payments, Inc. has a 52-week low of $61.23 and a 52-week high of $127.50.

Shift4 Payments (NYSE:FOUR) last announced its quarterly earnings data on Thursday, November 6th. The company reported $1.47 EPS for the quarter, missing the consensus estimate of $1.50 by ($0.03). Shift4 Payments had a return on equity of 40.19% and a net margin of 5.02%.The company had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.19 billion. During the same period in the prior year, the firm posted $1.04 EPS. The business’s revenue was up 61.4% on a year-over-year basis. Shift4 Payments has set its FY 2025 guidance at EPS. On average, analysts forecast that Shift4 Payments, Inc. will post 3.7 earnings per share for the current fiscal year.

Analyst Ratings Changes

FOUR has been the topic of several recent research reports. DA Davidson dropped their price objective on shares of Shift4 Payments from $114.00 to $104.00 and set a “buy” rating on the stock in a report on Wednesday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Shift4 Payments in a report on Thursday. Benchmark decreased their price objective on Shift4 Payments from $111.00 to $100.00 and set a “buy” rating on the stock in a report on Monday, November 10th. The Goldman Sachs Group cut their target price on shares of Shift4 Payments from $95.00 to $83.00 and set a “buy” rating on the stock in a report on Friday, November 7th. Finally, Royal Bank Of Canada reduced their price objective on shares of Shift4 Payments from $127.00 to $96.00 and set an “outperform” rating on the stock in a research report on Friday, November 7th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $100.95.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Darlington Partners Capital Management LP increased its holdings in Shift4 Payments by 2.1% in the 3rd quarter. Darlington Partners Capital Management LP now owns 5,071,725 shares of the company’s stock worth $392,552,000 after acquiring an additional 105,320 shares in the last quarter. FJ Capital Management LLC bought a new position in shares of Shift4 Payments in the third quarter worth approximately $264,000. SummitTX Capital L.P. purchased a new stake in shares of Shift4 Payments in the third quarter worth $726,000. Credit Agricole S A bought a new stake in shares of Shift4 Payments during the 3rd quarter valued at $724,000. Finally, Freestone Grove Partners LP lifted its stake in shares of Shift4 Payments by 20.2% during the 3rd quarter. Freestone Grove Partners LP now owns 5,494 shares of the company’s stock valued at $425,000 after buying an additional 923 shares in the last quarter. Institutional investors own 98.87% of the company’s stock.

About Shift4 Payments

Shift4 Payments, Inc (NYSE FOUR) provides integrated payment processing and technology solutions in the United States. Its payments platform provides omni-channel card acceptance and processing solutions, including end-to-end payment processing for various payment types; merchant acquiring; proprietary omni-channel gateway; complementary software integrations; integrated and mobile point-of-sale (POS) solutions; security and risk management solutions; and reporting and analytical tools, as well as tokenization, risk management/underwriting, payment device and chargeback management, fraud prevention, and gift card solutions.