Register Financial Advisors LLC acquired a new position in Shift4 Payments, Inc. (NYSE:FOUR – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 15,995 shares of the company’s stock, valued at approximately $1,007,000.
A number of other large investors have also modified their holdings of the company. Exchange Traded Concepts LLC raised its position in shares of Shift4 Payments by 65.4% in the fourth quarter. Exchange Traded Concepts LLC now owns 37,136 shares of the company’s stock worth $2,338,000 after acquiring an additional 14,678 shares during the period. Curated Wealth Partners LLC raised its position in shares of Shift4 Payments by 28.7% during the 4th quarter. Curated Wealth Partners LLC now owns 3,380 shares of the company’s stock worth $213,000 after purchasing an additional 754 shares during the last quarter. E. Ohman J or Asset Management AB raised its position in shares of Shift4 Payments by 14.1% during the 4th quarter. E. Ohman J or Asset Management AB now owns 40,036 shares of the company’s stock worth $2,521,000 after purchasing an additional 4,939 shares during the last quarter. Fulton Bank N.A. raised its position in shares of Shift4 Payments by 29.7% during the 4th quarter. Fulton Bank N.A. now owns 4,045 shares of the company’s stock worth $255,000 after purchasing an additional 927 shares during the last quarter. Finally, GAMMA Investing LLC raised its position in shares of Shift4 Payments by 25.9% during the 4th quarter. GAMMA Investing LLC now owns 860 shares of the company’s stock worth $54,000 after purchasing an additional 177 shares during the last quarter. Institutional investors and hedge funds own 98.87% of the company’s stock.
Insider Transactions at Shift4 Payments
In other Shift4 Payments news, major shareholder Jared Isaacman acquired 43,827 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The stock was bought at an average price of $45.75 per share, with a total value of $2,005,085.25. Following the purchase, the insider owned 1,410,727 shares in the company, valued at approximately $64,540,760.25. The trade was a 3.21% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Over the last three months, insiders have bought 385,757 shares of company stock worth $17,666,153. 25.15% of the stock is currently owned by corporate insiders.
Shift4 Payments Stock Down 1.4%
Shift4 Payments (NYSE:FOUR – Get Free Report) last announced its quarterly earnings data on Thursday, February 26th. The company reported $1.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.56 by $0.04. Shift4 Payments had a net margin of 2.84% and a return on equity of 39.27%. The company had revenue of $610.00 million during the quarter, compared to analysts’ expectations of $1.20 billion. During the same quarter in the prior year, the company earned $1.35 EPS. Shift4 Payments’s revenue was up 50.6% compared to the same quarter last year. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. As a group, sell-side analysts predict that Shift4 Payments, Inc. will post 3.7 EPS for the current fiscal year.
Analysts Set New Price Targets
Several research analysts recently weighed in on the stock. DA Davidson reduced their price target on shares of Shift4 Payments from $104.00 to $82.00 and set a “buy” rating for the company in a research report on Monday, March 2nd. Deutsche Bank Aktiengesellschaft downgraded shares of Shift4 Payments from a “buy” rating to a “hold” rating and reduced their price target for the stock from $100.00 to $65.00 in a research report on Thursday, January 15th. Freedom Capital downgraded shares of Shift4 Payments from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 27th. Raymond James Financial downgraded shares of Shift4 Payments from a “strong-buy” rating to an “outperform” rating and set a $67.00 price target for the company. in a research report on Thursday, March 26th. Finally, Weiss Ratings downgraded shares of Shift4 Payments from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, March 16th. Twelve research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Shift4 Payments currently has an average rating of “Moderate Buy” and a consensus target price of $78.22.
Read Our Latest Analysis on Shift4 Payments
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.
Further Reading
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