Shift4 Payments (NYSE:FOUR) Major Shareholder Jared Isaacman Acquires 195,500 Shares

Shift4 Payments, Inc. (NYSE:FOUR) major shareholder Jared Isaacman acquired 195,500 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The shares were bought at an average price of $41.41 per share, with a total value of $8,095,655.00. Following the completion of the transaction, the insider directly owned 1,594,455 shares in the company, valued at approximately $66,026,381.55. The trade was a 13.97% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Jared Isaacman also recently made the following trade(s):

• On Tuesday, May 12th, Jared Isaacman bought 193,000 shares of Shift4 Payments stock. The shares were bought at an average price of $40.66 per share, for a total transaction of $7,847,380.00.
• On Tuesday, March 10th, Jared Isaacman purchased 43,827 shares of Shift4 Payments stock. The shares were bought at an average cost of $45.75 per share, with a total value of $2,005,085.25.
• On Monday, March 2nd, Jared Isaacman acquired 45,693 shares of Shift4 Payments stock. The stock was bought at an average price of $43.83 per share, for a total transaction of $2,002,724.19.
• On Friday, February 27th, Jared Isaacman acquired 159,244 shares of Shift4 Payments stock. The shares were bought at an average cost of $44.15 per share, for a total transaction of $7,030,622.60.
• On Thursday, February 26th, Jared Isaacman acquired 136,993 shares of Shift4 Payments stock. The shares were bought at an average price of $48.38 per share, with a total value of $6,627,721.34.

Shift4 Payments Trading Down 1.6%

Shares of FOUR stock opened at $40.81 on Wednesday. The company has a market capitalization of $3.32 billion, a price-to-earnings ratio of 48.58, a PEG ratio of 0.46 and a beta of 1.44. The company has a current ratio of 1.22, a quick ratio of 1.66 and a debt-to-equity ratio of 2.55. The firm has a 50-day moving average price of $45.33 and a 200 day moving average price of $57.95. Shift4 Payments, Inc. has a twelve month low of $39.61 and a twelve month high of $108.50.

Shift4 Payments (NYSE:FOUR) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.97 EPS for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.02). The firm had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.09 billion. Shift4 Payments had a return on equity of 33.55% and a net margin of 2.63%.The business’s quarterly revenue was up 49.0% compared to the same quarter last year. During the same quarter last year, the firm earned $1.07 earnings per share. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. Research analysts forecast that Shift4 Payments, Inc. will post 4.65 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Advisors Asset Management Inc. grew its position in Shift4 Payments by 100.0% during the first quarter. Advisors Asset Management Inc. now owns 434 shares of the company’s stock valued at $35,000 after acquiring an additional 217 shares during the period. Hantz Financial Services Inc. raised its holdings in shares of Shift4 Payments by 148.1% in the 3rd quarter. Hantz Financial Services Inc. now owns 526 shares of the company’s stock worth $41,000 after purchasing an additional 314 shares during the period. Empowered Funds LLC acquired a new position in shares of Shift4 Payments in the 4th quarter valued at about $43,000. Vestcor Inc acquired a new position in shares of Shift4 Payments in the 3rd quarter valued at about $45,000. Finally, Summer Road LLC purchased a new stake in shares of Shift4 Payments during the 4th quarter worth about $47,000. 98.87% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have weighed in on FOUR shares. Stephens lowered Shift4 Payments from an “overweight” rating to an “equal weight” rating and set a $50.00 price target on the stock. in a research note on Friday, April 17th. BMO Capital Markets began coverage on Shift4 Payments in a research note on Tuesday, April 21st. They issued a “market perform” rating and a $50.00 target price for the company. Zacks Research downgraded Shift4 Payments from a “hold” rating to a “strong sell” rating in a research report on Friday, May 1st. Raymond James Financial lowered Shift4 Payments from a “strong-buy” rating to an “outperform” rating and set a $67.00 price target on the stock. in a research note on Thursday, March 26th. Finally, Evercore set a $50.00 price objective on shares of Shift4 Payments in a report on Tuesday, April 21st. Eleven analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $71.62.

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.