Shift4 Payments, Inc. (NYSE:FOUR) CFO Nancy Disman Sells 10,000 Shares

Shift4 Payments, Inc. (NYSE:FOUR) CFO Nancy Disman sold 10,000 shares of the firm’s stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $65.07, for a total value of $650,700.00. Following the completion of the sale, the chief financial officer now directly owns 273,170 shares in the company, valued at $17,775,171.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Nancy Disman also recently made the following trade(s):

• On Monday, November 13th, Nancy Disman sold 5,000 shares of Shift4 Payments stock. The shares were sold at an average price of $58.31, for a total value of $291,550.00.

Shift4 Payments Price Performance

Shares of NYSE FOUR opened at $64.59 on Tuesday. Shift4 Payments, Inc. has a twelve month low of $41.25 and a twelve month high of $76.40. The firm has a market cap of $5.32 billion, a P/E ratio of 38.68, a PEG ratio of 0.58 and a beta of 1.32. The company has a 50 day moving average of $53.52 and a 200 day moving average of $59.75. The company has a quick ratio of 3.31, a current ratio of 3.32 and a debt-to-equity ratio of 3.23.

Institutional Investors Weigh In On Shift4 Payments

A number of large investors have recently added to or reduced their stakes in the stock. Penserra Capital Management LLC grew its position in Shift4 Payments by 9.3% in the 3rd quarter. Penserra Capital Management LLC now owns 19,674 shares of the company’s stock worth $1,089,000 after purchasing an additional 1,682 shares during the period. GSA Capital Partners LLP bought a new stake in Shift4 Payments in the 3rd quarter worth approximately $302,000. Riggs Asset Managment Co. Inc. grew its position in Shift4 Payments by 2.0% in the 3rd quarter. Riggs Asset Managment Co. Inc. now owns 28,513 shares of the company’s stock worth $1,579,000 after purchasing an additional 551 shares during the period. Kennedy Capital Management LLC grew its position in Shift4 Payments by 3.6% in the 3rd quarter. Kennedy Capital Management LLC now owns 130,480 shares of the company’s stock worth $7,225,000 after purchasing an additional 4,517 shares during the period. Finally, Alps Advisors Inc. bought a new stake in Shift4 Payments in the 3rd quarter worth approximately $331,000. Institutional investors own 70.82% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have weighed in on FOUR shares. Mizuho cut their price objective on Shift4 Payments from $80.00 to $75.00 and set a “buy” rating on the stock in a research report on Monday. Truist Financial cut their price objective on Shift4 Payments from $87.00 to $75.00 and set a “buy” rating on the stock in a research report on Tuesday, October 17th. Citigroup cut their price objective on Shift4 Payments from $85.00 to $70.00 and set a “buy” rating on the stock in a research report on Wednesday, October 4th. Morgan Stanley lifted their target price on shares of Shift4 Payments from $57.00 to $60.00 and gave the company an “equal weight” rating in a report on Thursday, November 9th. Finally, Wells Fargo & Company lifted their target price on shares of Shift4 Payments from $55.00 to $60.00 and gave the company an “overweight” rating in a report on Thursday, November 9th. One analyst has rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $77.58.

Shift4 Payments Company Profile

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.