Shift4 Payments, Inc. (NYSE:FOUR) CFO Sells $849,800.00 in Stock

Shift4 Payments, Inc. (NYSE:FOUR) CFO Nancy Disman sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of $84.98, for a total transaction of $849,800.00. Following the completion of the sale, the chief financial officer now owns 177,622 shares of the company’s stock, valued at approximately $15,094,317.56. This trade represents a 5.33 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Shift4 Payments Stock Performance

Shares of FOUR stock opened at $88.24 on Thursday. Shift4 Payments, Inc. has a 52 week low of $55.87 and a 52 week high of $127.50. The firm has a 50 day moving average of $105.95 and a two-hundred day moving average of $99.60. 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 stock has a market capitalization of $7.86 billion, a PE ratio of 28.74, a P/E/G ratio of 1.04 and a beta of 1.76.

Shift4 Payments (NYSE:FOUR) last released its earnings results on Tuesday, February 18th. The company reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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. On average, research analysts predict that Shift4 Payments, Inc. will post 3.7 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently commented on FOUR. Morgan Stanley decreased their price objective on Shift4 Payments from $109.00 to $107.00 and set an “equal weight” rating for the company in a report on Thursday, February 27th. B. Riley raised their price target on Shift4 Payments from $110.00 to $150.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Deutsche Bank Aktiengesellschaft began coverage on shares of Shift4 Payments in a report on Monday, February 3rd. They set a “hold” rating and a $120.00 price objective on the stock. Stephens reiterated an “overweight” rating and issued a $125.00 target price on shares of Shift4 Payments in a research note on Wednesday, February 19th. Finally, Piper Sandler restated an “overweight” rating and set a $143.00 price target (up previously from $120.00) on shares of Shift4 Payments in a research note on Wednesday, February 19th. Seven analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $115.30.

Hedge Funds Weigh In On Shift4 Payments

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Asset Management One Co. Ltd. lifted its stake in Shift4 Payments by 14.6% in the fourth quarter. Asset Management One Co. Ltd. now owns 775 shares of the company’s stock worth $81,000 after acquiring an additional 99 shares during the last quarter. Elequin Capital LP raised its stake in Shift4 Payments by 62.3% in the fourth quarter. Elequin Capital LP now owns 297 shares of the company’s stock valued at $31,000 after buying an additional 114 shares in the last quarter. Perigon Wealth Management LLC lifted its holdings in Shift4 Payments by 3.5% during the 4th quarter. Perigon Wealth Management LLC now owns 3,909 shares of the company’s stock worth $419,000 after buying an additional 133 shares during the last quarter. Triumph Capital Management boosted its position in shares of Shift4 Payments by 3.2% during the 4th quarter. Triumph Capital Management now owns 4,360 shares of the company’s stock worth $452,000 after acquiring an additional 137 shares in the last quarter. Finally, MRP Capital Investments LLC increased its holdings in shares of Shift4 Payments by 5.9% in the 4th quarter. MRP Capital Investments LLC now owns 2,700 shares of the company’s stock valued at $280,000 after acquiring an additional 150 shares during the last quarter. 98.87% of the stock is owned by institutional investors and hedge funds.

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.