Shift4 Payments, Inc. (NYSE:FOUR) CFO Sells $849,800.00 in Stock

Shift4 Payments, Inc. (NYSE:FOURGet Free Report) 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:FOURGet Free Report) 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.

View Our Latest Report on FOUR

About Shift4 Payments

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Shift4 Payments (NYSE:FOUR)

Receive News & Ratings for Shift4 Payments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shift4 Payments and related companies with MarketBeat.com's FREE daily email newsletter.