Shift4 Payments, Inc. (NYSE:FOUR) Insider Sells $18,330.00 in Stock

Shift4 Payments, Inc. (NYSE:FOUR) insider James J. Whalen sold 195 shares of the firm’s stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $94.00, for a total transaction of $18,330.00. Following the completion of the transaction, the insider now directly owns 57,118 shares of the company’s stock, valued at $5,369,092. This represents a 0.34 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Shift4 Payments Trading Up 1.0 %

Shares of FOUR traded up $0.92 during trading hours on Wednesday, reaching $94.52. 785,350 shares of the company traded hands, compared to its average volume of 1,826,217. Shift4 Payments, Inc. has a 12 month low of $55.87 and a 12 month high of $127.50. The company has a quick ratio of 2.97, a current ratio of 1.38 and a debt-to-equity ratio of 2.12. The company’s fifty day moving average price is $109.83 and its two-hundred day moving average price is $99.15. The company has a market capitalization of $8.42 billion, a price-to-earnings ratio of 30.93, a price-to-earnings-growth ratio of 1.04 and a beta of 1.76.

Shift4 Payments (NYSE:FOUR) last announced its earnings results on Tuesday, February 18th. The company reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.06. Shift4 Payments had a return on equity of 29.00% and a net margin of 6.89%. The firm had revenue of $405.00 million during the quarter, compared to analyst estimates of $1 billion. Equities research analysts predict that Shift4 Payments, Inc. will post 3.7 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Stephens reissued an “overweight” rating and set a $125.00 price target on shares of Shift4 Payments in a research report on Wednesday, February 19th. Barclays dropped their price target on Shift4 Payments from $120.00 to $117.00 and set an “overweight” rating on the stock in a research note on Monday, February 24th. Piper Sandler reaffirmed an “overweight” rating and set a $143.00 price objective (up from $120.00) on shares of Shift4 Payments in a research report on Wednesday, February 19th. The Goldman Sachs Group increased their price objective on shares of Shift4 Payments from $106.00 to $119.00 and gave the company a “buy” rating in a research report on Thursday, November 14th. Finally, Susquehanna lifted their target price on shares of Shift4 Payments from $105.00 to $120.00 and gave the stock a “positive” rating in a report on Wednesday, November 13th. Seven investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $114.00.

Hedge Funds Weigh In On Shift4 Payments

Institutional investors and hedge funds have recently made changes to their positions in the business. Heck Capital Advisors LLC bought a new position in shares of Shift4 Payments in the fourth quarter worth approximately $26,000. Transcendent Capital Group LLC purchased a new position in Shift4 Payments in the 3rd quarter worth approximately $27,000. Rakuten Securities Inc. lifted its position in Shift4 Payments by 153.9% in the 4th quarter. Rakuten Securities Inc. now owns 259 shares of the company’s stock valued at $27,000 after acquiring an additional 157 shares in the last quarter. Central Pacific Bank Trust Division purchased a new stake in Shift4 Payments during the 4th quarter valued at $28,000. Finally, UMB Bank n.a. purchased a new position in shares of Shift4 Payments during the fourth quarter valued at approximately $29,000. Institutional investors own 98.87% of the company’s stock.

Shift4 Payments Company Profile

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.