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 company’s stock in a transaction on Friday, March 14th. The shares were sold at an average price of $84.98, for a total value of $849,800.00. Following the completion of the transaction, the chief financial officer now directly owns 177,622 shares in the company, valued at $15,094,317.56. This represents a 5.33 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Shift4 Payments Stock Up 3.2 %

Shares of FOUR stock traded up $2.72 on Monday, hitting $87.22. The company’s stock had a trading volume of 1,859,941 shares, compared to its average volume of 1,561,047. The stock has a market capitalization of $7.77 billion, a price-to-earnings ratio of 28.41, a P/E/G ratio of 1.04 and a beta of 1.76. Shift4 Payments, Inc. has a fifty-two week low of $55.87 and a fifty-two week high of $127.50. The firm’s fifty day moving average price is $107.10 and its 200-day moving average price is $99.63. The company has a debt-to-equity ratio of 2.12, a current ratio of 1.38 and a quick ratio of 2.97.

Shift4 Payments (NYSE:FOUR) last announced its quarterly earnings results on Tuesday, February 18th. The company reported $1.22 earnings per share for the quarter, topping 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 company had revenue of $405.00 million during the quarter, compared to analysts’ expectations of $1 billion. Research analysts anticipate that Shift4 Payments, Inc. will post 3.7 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Atria Investments Inc bought a new position in shares of Shift4 Payments in the third quarter worth about $385,000. Chesapeake Capital Corp IL acquired a new stake in Shift4 Payments in the 3rd quarter valued at approximately $552,000. Swiss National Bank grew its holdings in Shift4 Payments by 1.5% in the 3rd quarter. Swiss National Bank now owns 109,000 shares of the company’s stock valued at $9,657,000 after buying an additional 1,600 shares during the last quarter. B. Metzler seel. Sohn & Co. Holding AG bought a new position in Shift4 Payments in the 3rd quarter worth approximately $7,875,000. Finally, Avior Wealth Management LLC lifted its holdings in shares of Shift4 Payments by 31.9% during the third quarter. Avior Wealth Management LLC now owns 4,675 shares of the company’s stock worth $414,000 after buying an additional 1,130 shares during the last quarter. Institutional investors and hedge funds own 98.87% of the company’s stock.

Analyst Upgrades and Downgrades

FOUR has been the topic of a number of recent research reports. Oppenheimer decreased their target price on Shift4 Payments from $142.00 to $135.00 and set an “outperform” rating on the stock in a report on Thursday, February 20th. Wells Fargo & Company dropped their price target on Shift4 Payments from $135.00 to $115.00 and set an “overweight” rating on the stock in a research note on Wednesday, March 5th. DA Davidson cut their price objective on Shift4 Payments from $140.00 to $124.00 and set a “buy” rating on the stock in a report on Monday, February 24th. Royal Bank of Canada reiterated an “outperform” rating and issued a $154.00 target price on shares of Shift4 Payments in a report on Tuesday, March 4th. Finally, Raymond James raised shares of Shift4 Payments from an “outperform” rating to a “strong-buy” rating and set a $140.00 target price on the stock in a research report on Monday, March 10th. Seven research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Shift4 Payments has a consensus rating of “Moderate Buy” and a consensus target price of $115.30.

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.