Insider Buying: Shift4 Payments (NYSE:FOUR) Major Shareholder Acquires $7,847,380.00 in Stock

Shift4 Payments, Inc. (NYSE:FOUR) major shareholder Jared Isaacman purchased 193,000 shares of the company’s stock in a transaction on Tuesday, May 12th. The shares were bought at an average price of $40.66 per share, with a total value of $7,847,380.00. Following the completion of the transaction, the insider owned 1,787,455 shares of the company’s stock, valued at approximately $72,677,920.30. The trade was a 12.10% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

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

• On Monday, May 11th, Jared Isaacman acquired 195,500 shares of Shift4 Payments stock. The stock was acquired at an average cost of $41.41 per share, with a total value of $8,095,655.00.
• On Tuesday, March 10th, Jared Isaacman acquired 43,827 shares of Shift4 Payments stock. The stock was acquired at an average price 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 acquired at an average price of $43.83 per share, with a total value of $2,002,724.19.
• On Friday, February 27th, Jared Isaacman acquired 159,244 shares of Shift4 Payments stock. The stock was acquired at an average price of $44.15 per share, with a total value of $7,030,622.60.
• On Thursday, February 26th, Jared Isaacman acquired 136,993 shares of Shift4 Payments stock. The stock was acquired at an average price of $48.38 per share, with a total value of $6,627,721.34.

Shift4 Payments Trading Down 0.2%

Shares of FOUR stock opened at $41.93 on Friday. The company has a debt-to-equity ratio of 2.55, a quick ratio of 1.66 and a current ratio of 1.22. The stock has a market capitalization of $3.33 billion, a P/E ratio of 49.91, a price-to-earnings-growth ratio of 0.46 and a beta of 1.44. The company has a 50 day moving average price of $44.94 and a 200 day moving average price of $57.35. Shift4 Payments, Inc. has a fifty-two week low of $39.61 and a fifty-two week high of $108.50.

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

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on FOUR. Royal Bank Of Canada dropped their price objective on shares of Shift4 Payments from $73.00 to $65.00 and set an “outperform” rating for the company in a report on Friday, May 8th. Truist Financial set a $71.00 price objective on shares of Shift4 Payments in a report on Tuesday, January 20th. Raymond James Financial downgraded shares of Shift4 Payments from a “strong-buy” rating to an “outperform” rating and set a $67.00 price target for the company. in a research note on Thursday, March 26th. Seaport Research Partners downgraded shares of Shift4 Payments from a “buy” rating to a “neutral” rating in a research note on Thursday, April 16th. Finally, Stephens downgraded shares of Shift4 Payments from an “overweight” rating to an “equal weight” rating and set a $50.00 price target for the company. in a research note on Friday, April 17th. Eleven equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $71.62.

Institutional Trading of Shift4 Payments

Several institutional investors and hedge funds have recently bought and sold shares of FOUR. Mawer Investment Management Ltd. increased its stake in Shift4 Payments by 66.9% in the 3rd quarter. Mawer Investment Management Ltd. now owns 178,318 shares of the company’s stock valued at $13,802,000 after buying an additional 71,489 shares during the period. Maestria Partners LLC increased its stake in Shift4 Payments by 36.6% in the 3rd quarter. Maestria Partners LLC now owns 372,423 shares of the company’s stock valued at $28,826,000 after buying an additional 99,723 shares during the period. CIBC Bancorp USA Inc. acquired a new position in Shift4 Payments in the 3rd quarter valued at $77,303,000. Jackson Square Partners LLC acquired a new position in Shift4 Payments in the 3rd quarter valued at $5,735,000. Finally, Nordea Investment Management AB increased its stake in Shift4 Payments by 56.4% in the 3rd quarter. Nordea Investment Management AB now owns 92,832 shares of the company’s stock valued at $7,057,000 after buying an additional 33,472 shares during the period. Hedge funds and other institutional investors own 98.87% of the company’s stock.

About Shift4 Payments

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.