Insider Buying: Shift4 Payments (NYSE:FOUR) Major Shareholder Purchases 43,827 Shares of Stock

Shift4 Payments, Inc. (NYSE:FOUR) major shareholder Jared Isaacman acquired 43,827 shares of the company’s stock in a transaction on Tuesday, March 10th. The stock was acquired at an average price of $45.75 per share, for a total transaction of $2,005,085.25. Following the completion of the purchase, 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 purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

• On Monday, March 2nd, Jared Isaacman bought 45,693 shares of Shift4 Payments stock. The stock was acquired at an average cost of $43.83 per share, with a total value of $2,002,724.19.
• On Friday, February 27th, Jared Isaacman bought 159,244 shares of Shift4 Payments stock. The shares were acquired at an average price of $44.15 per share, with a total value of $7,030,622.60.
• On Thursday, February 26th, Jared Isaacman purchased 136,993 shares of Shift4 Payments stock. The shares were bought at an average cost of $48.38 per share, for a total transaction of $6,627,721.34.

Shift4 Payments Stock Performance

Shares of FOUR stock opened at $46.88 on Wednesday. The stock has a market capitalization of $4.15 billion, a PE ratio of 44.65, a price-to-earnings-growth ratio of 0.36 and a beta of 1.65. Shift4 Payments, Inc. has a 52-week low of $43.32 and a 52-week high of $108.50. The stock’s 50-day moving average price is $58.71 and its 200 day moving average price is $69.42. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 4.66.

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

Institutional Investors Weigh In On Shift4 Payments

Several institutional investors have recently made changes to their positions in FOUR. Advisors Asset Management Inc. grew its stake in Shift4 Payments by 29.5% in the 2nd quarter. Advisors Asset Management Inc. now owns 562 shares of the company’s stock valued at $56,000 after acquiring an additional 128 shares during the last quarter. Main Management ETF Advisors LLC increased its holdings in Shift4 Payments by 1.7% during the 2nd quarter. Main Management ETF Advisors LLC now owns 8,063 shares of the company’s stock valued at $799,000 after acquiring an additional 132 shares in the last quarter. PNC Financial Services Group Inc. raised its position in Shift4 Payments by 1.0% during the second quarter. PNC Financial Services Group Inc. now owns 13,301 shares of the company’s stock worth $1,318,000 after acquiring an additional 136 shares during the last quarter. GAMMA Investing LLC raised its position in Shift4 Payments by 25.9% during the fourth quarter. GAMMA Investing LLC now owns 860 shares of the company’s stock worth $54,000 after acquiring an additional 177 shares during the last quarter. Finally, State Board of Administration of Florida Retirement System lifted its holdings in shares of Shift4 Payments by 0.4% in the second quarter. State Board of Administration of Florida Retirement System now owns 47,160 shares of the company’s stock valued at $4,674,000 after purchasing an additional 190 shares in the last quarter. 98.87% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on FOUR. Benchmark lowered their price objective on shares of Shift4 Payments from $100.00 to $67.00 and set a “buy” rating on the stock in a research report on Monday, March 2nd. Truist Financial set a $71.00 price objective on shares of Shift4 Payments in a research report on Tuesday, January 20th. Oppenheimer reduced their target price on shares of Shift4 Payments from $112.00 to $98.00 and set an “outperform” rating for the company in a research note on Monday, January 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Shift4 Payments in a research note on Monday, December 29th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $73.00 price target on shares of Shift4 Payments in a report on Thursday, February 26th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $79.89.

Shift4 Payments Company Profile

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.