Gregory Daily Purchases 50,000 Shares of i3 Verticals (NASDAQ:IIIV) Stock

i3 Verticals, Inc. (NASDAQ:IIIV) CEO Gregory Daily acquired 50,000 shares of the company’s stock in a transaction dated Thursday, May 14th. The shares were bought at an average price of $19.23 per share, for a total transaction of $961,500.00. Following the purchase, the chief executive officer owned 50,000 shares in the company, valued at approximately $961,500. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

i3 Verticals Trading Up 1.0%

Shares of i3 Verticals stock opened at $18.88 on Friday. i3 Verticals, Inc. has a 12-month low of $18.47 and a 12-month high of $33.97. The stock has a market cap of $527.32 million, a P/E ratio of 26.97 and a beta of 0.89. The company has a quick ratio of 1.61, a current ratio of 1.34 and a debt-to-equity ratio of 0.18. The business’s 50 day moving average is $21.99 and its 200-day moving average is $24.02.

i3 Verticals (NASDAQ:IIIV) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.30 by $0.02. i3 Verticals had a return on equity of 4.19% and a net margin of 8.59%.The company had revenue of $57.52 million for the quarter, compared to analysts’ expectations of $57.51 million. i3 Verticals has set its FY 2026 guidance at 1.090-1.150 EPS. Equities research analysts predict that i3 Verticals, Inc. will post 0.67 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently weighed in on IIIV. Cantor Fitzgerald dropped their price target on i3 Verticals from $30.00 to $27.00 and set an “overweight” rating on the stock in a research note on Monday, May 11th. Morgan Stanley dropped their price target on i3 Verticals from $28.00 to $22.00 and set an “equal weight” rating on the stock in a research note on Monday, February 9th. DA Davidson dropped their price target on i3 Verticals from $35.00 to $30.00 and set a “buy” rating on the stock in a research note on Wednesday. Benchmark dropped their price target on i3 Verticals from $39.00 to $30.00 and set a “buy” rating on the stock in a research note on Thursday. Finally, Weiss Ratings upgraded i3 Verticals from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $29.83.

Institutional Investors Weigh In On i3 Verticals

Large investors have recently added to or reduced their stakes in the business. Fifth Third Bancorp bought a new position in i3 Verticals during the 1st quarter worth $28,000. CWM LLC boosted its position in shares of i3 Verticals by 221.7% in the fourth quarter. CWM LLC now owns 1,393 shares of the company’s stock valued at $35,000 after acquiring an additional 960 shares during the period. Caitong International Asset Management Co. Ltd boosted its position in shares of i3 Verticals by 1,299.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,371 shares of the company’s stock valued at $35,000 after acquiring an additional 1,273 shares during the period. Global Retirement Partners LLC boosted its position in shares of i3 Verticals by 8,259.1% in the fourth quarter. Global Retirement Partners LLC now owns 1,839 shares of the company’s stock valued at $46,000 after acquiring an additional 1,817 shares during the period. Finally, BNP Paribas Financial Markets boosted its position in shares of i3 Verticals by 65.5% in the second quarter. BNP Paribas Financial Markets now owns 2,198 shares of the company’s stock valued at $60,000 after acquiring an additional 870 shares during the period. Institutional investors own 84.22% of the company’s stock.

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.