Shift4 Payments (NYSE:FOUR) Major Shareholder Jared Isaacman Buys 45,693 Shares of Stock

Shift4 Payments, Inc. (NYSE:FOUR) major shareholder Jared Isaacman purchased 45,693 shares of the firm’s stock in a transaction on Monday, March 2nd. The shares were acquired at an average cost of $43.83 per share, with a total value of $2,002,724.19. Following the completion of the acquisition, the insider directly owned 1,366,900 shares in the company, valued at $59,911,227. The trade was a 3.46% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

• On Friday, February 27th, Jared Isaacman purchased 159,244 shares of Shift4 Payments stock. The shares were purchased at an average price 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 stock was purchased at an average price of $48.38 per share, with a total value of $6,627,721.34.

Shift4 Payments Stock Performance

Shares of FOUR opened at $47.42 on Thursday. The company’s 50 day simple moving average is $60.09 and its 200-day simple moving average is $70.75. Shift4 Payments, Inc. has a 12-month low of $43.32 and a 12-month high of $108.50. The firm has a market cap of $4.20 billion, a PE ratio of 45.16, a price-to-earnings-growth ratio of 0.44 and a beta of 1.65. The company has a current ratio of 1.66, a quick ratio of 1.38 and a debt-to-equity ratio of 4.66.

Shift4 Payments (NYSE:FOUR) last posted its quarterly earnings data on Thursday, February 26th. The company reported $1.60 earnings per share for the quarter, topping analysts’ consensus estimates of $1.56 by $0.04. The company had revenue of $1.19 billion during the quarter, compared to analysts’ expectations of $1.20 billion. Shift4 Payments had a return on equity of 39.27% and a net margin of 2.84%.The firm’s revenue for the quarter was up 50.6% on a year-over-year basis. During the same period last year, the firm earned $1.35 EPS. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. As a group, equities analysts predict that Shift4 Payments, Inc. will post 3.7 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in FOUR. Allworth Financial LP increased its stake in shares of Shift4 Payments by 410.9% in the second quarter. Allworth Financial LP now owns 281 shares of the company’s stock worth $28,000 after buying an additional 226 shares during the last quarter. Advisors Asset Management Inc. boosted its stake in Shift4 Payments by 100.0% in 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. grew its stake in Shift4 Payments by 148.1% during the 3rd quarter. Hantz Financial Services Inc. now owns 526 shares of the company’s stock worth $41,000 after buying an additional 314 shares during the last quarter. Empowered Funds LLC bought a new position in shares of Shift4 Payments during the fourth quarter worth about $43,000. Finally, Vestcor Inc acquired a new stake in shares of Shift4 Payments in the third quarter valued at approximately $45,000. 98.87% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

FOUR has been the subject of a number of recent research reports. Mizuho dropped their price objective on shares of Shift4 Payments from $102.00 to $90.00 and set an “outperform” rating for the company in a research note on Monday, December 22nd. Freedom Capital downgraded Shift4 Payments from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 27th. Loop Capital set a $80.00 price target on Shift4 Payments in a report on Thursday, December 11th. Keefe, Bruyette & Woods decreased their price objective on Shift4 Payments from $72.00 to $60.00 and set a “market perform” rating on the stock in a research note on Friday, February 27th. Finally, Raymond James Financial reissued a “strong-buy” rating and issued a $67.00 target price on shares of Shift4 Payments in a research note on Thursday, February 26th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $79.89.

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.