i3 Verticals (NASDAQ:IIIV) Sets New 1-Year Low – Here’s Why

i3 Verticals, Inc. (NASDAQ:IIIV)’s stock price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $21.85 and last traded at $21.9550, with a volume of 57277 shares traded. The stock had previously closed at $22.59.

Wall Street Analysts Forecast Growth

IIIV has been the subject of a number of recent research reports. KeyCorp reduced their price target on i3 Verticals from $35.00 to $32.00 and set an “overweight” rating for the company in a research report on Wednesday, November 19th. DA Davidson set a $35.00 price objective on shares of i3 Verticals in a research report on Thursday, November 20th. Weiss Ratings restated a “hold (c)” rating on shares of i3 Verticals in a report on Monday, December 29th. Morgan Stanley lowered their price target on shares of i3 Verticals from $30.00 to $28.00 and set an “equal weight” rating on the stock in a research note on Wednesday, November 19th. Finally, Zacks Research raised shares of i3 Verticals from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 30th. Four analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, i3 Verticals presently has a consensus rating of “Moderate Buy” and a consensus target price of $33.33.

i3 Verticals Price Performance

The stock has a market capitalization of $707.82 million, a P/E ratio of 32.20 and a beta of 1.01. The company’s 50-day simple moving average is $25.06 and its 200-day simple moving average is $28.62.

i3 Verticals (NASDAQ:IIIV) last issued its earnings results on Monday, November 17th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.01. The business had revenue of $109.80 million during the quarter, compared to the consensus estimate of $53.68 million. i3 Verticals had a net margin of 7.72% and a return on equity of 4.66%. i3 Verticals has set its FY 2026 guidance at 1.060-1.160 EPS. On average, analysts forecast that i3 Verticals, Inc. will post 0.9 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CRO Paul Christians sold 9,000 shares of i3 Verticals stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $23.27, for a total transaction of $209,430.00. Following the completion of the sale, the executive directly owned 45,818 shares of the company’s stock, valued at approximately $1,066,184.86. This trade represents a 16.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, President Frederick Stanford sold 11,347 shares of i3 Verticals stock in a transaction on Friday, November 21st. The stock was sold at an average price of $24.21, for a total value of $274,710.87. Following the sale, the president directly owned 43,653 shares of the company’s stock, valued at $1,056,839.13. This represents a 20.63% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 23,639 shares of company stock worth $562,425. 60.09% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Elevation Point Wealth Partners LLC acquired a new stake in i3 Verticals during the second quarter worth approximately $26,000. CWM LLC lifted its position in shares of i3 Verticals by 221.7% during the 4th quarter. CWM LLC now owns 1,393 shares of the company’s stock valued at $35,000 after acquiring an additional 960 shares during the period. BNP Paribas Financial Markets lifted its position in shares of i3 Verticals by 65.5% during the 2nd quarter. BNP Paribas Financial Markets now owns 2,198 shares of the company’s stock valued at $60,000 after acquiring an additional 870 shares during the period. Tower Research Capital LLC TRC grew its holdings in shares of i3 Verticals by 229.9% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,220 shares of the company’s stock worth $61,000 after purchasing an additional 1,547 shares in the last quarter. Finally, Advisory Services Network LLC bought a new position in shares of i3 Verticals in the third quarter worth $75,000. 84.22% of the stock is owned by institutional investors.

i3 Verticals Company Profile

i3 Verticals, Inc is a provider of integrated software and merchant payment processing solutions tailored for specific vertical markets across the United States. Since its founding in 2001 and headquartered in Columbia, South Carolina, the company has focused on delivering SaaS-based applications and payment services to streamline revenue collection and management workflows for its clients.

The company’s product portfolio includes electronic payment processing for credit and debit card transactions, automated clearing house (ACH) transfers, online and mobile payment portals, and related risk management and compliance tools.