Shift4 Payments, Inc. (NYSE:FOUR) Insider James J. Whalen Sells 195 Shares of Stock

Shift4 Payments, Inc. (NYSE:FOUR) insider James J. Whalen sold 195 shares of Shift4 Payments stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $94.00, for a total value 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shift4 Payments Stock Performance

FOUR opened at $94.48 on Thursday. The company has a debt-to-equity ratio of 2.12, a current ratio of 1.38 and a quick ratio of 2.97. The company has a market capitalization of $8.42 billion, a price-to-earnings ratio of 30.77, a P/E/G ratio of 1.04 and a beta of 1.76. The business’s 50-day moving average price is $109.61 and its two-hundred day moving average price is $99.11. Shift4 Payments, Inc. has a 1 year low of $55.87 and a 1 year high of $127.50.

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

Institutional Trading of Shift4 Payments

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Heck Capital Advisors LLC acquired a new stake in shares of Shift4 Payments in the 4th quarter valued at approximately $26,000. Transcendent Capital Group LLC bought a new position in shares of Shift4 Payments in the 3rd quarter valued at about $27,000. Rakuten Securities Inc. increased its stake in shares of Shift4 Payments by 153.9% during the 4th quarter. Rakuten Securities Inc. now owns 259 shares of the company’s stock worth $27,000 after purchasing an additional 157 shares during the last quarter. Central Pacific Bank Trust Division bought a new stake in shares of Shift4 Payments in the 4th quarter valued at about $28,000. Finally, UMB Bank n.a. acquired a new stake in Shift4 Payments in the 4th quarter valued at about $29,000. Institutional investors and hedge funds own 98.87% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on FOUR shares. Benchmark cut shares of Shift4 Payments from a “buy” rating to a “hold” rating in a research report on Thursday, December 5th. Oppenheimer dropped their price objective on Shift4 Payments from $142.00 to $135.00 and set an “outperform” rating for the company in a report on Thursday, February 20th. Royal Bank of Canada restated an “outperform” rating and set a $154.00 target price on shares of Shift4 Payments in a research report on Tuesday. Piper Sandler reissued an “overweight” rating and set a $143.00 price target (up from $120.00) on shares of Shift4 Payments in a research note on Wednesday, February 19th. Finally, Bank of America cut shares of Shift4 Payments from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $112.00 to $105.00 in a research note on Wednesday, December 4th. Seven investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $114.00.

About Shift4 Payments

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.