Insider Buying: Shift4 Payments (NYSE:FOUR) Major Shareholder Buys $2,002,724.19 in Stock

Shift4 Payments, Inc. (NYSE:FOUR) major shareholder Jared Isaacman bought 45,693 shares of the 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 acquisition, the insider directly owned 1,366,900 shares in the company, valued at approximately $59,911,227. This trade represents a 3.46% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Major shareholders that own more than 10% of a company’s stock 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 bought 159,244 shares of Shift4 Payments stock. The shares were 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 purchased 136,993 shares of Shift4 Payments stock. The stock was bought at an average cost of $48.38 per share, for a total transaction of $6,627,721.34.

Shift4 Payments Stock Down 2.1%

NYSE:FOUR opened at $47.98 on Friday. Shift4 Payments, Inc. has a 12-month low of $43.32 and a 12-month high of $108.50. The company has a quick ratio of 1.38, a current ratio of 1.66 and a debt-to-equity ratio of 4.66. The firm has a market capitalization of $4.25 billion, a P/E ratio of 45.70, a P/E/G ratio of 0.39 and a beta of 1.65. The stock’s fifty day simple moving average is $59.42 and its 200-day simple moving average is $70.31.

Shift4 Payments (NYSE:FOUR) last released its quarterly earnings data on Thursday, February 26th. The company reported $1.60 EPS for the quarter, beating analysts’ consensus estimates of $1.56 by $0.04. The business had revenue of $1.19 billion during the quarter, compared to the consensus estimate 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 was up 50.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.35 earnings per share. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. Equities research analysts expect that Shift4 Payments, Inc. will post 3.7 earnings per share for the current year.

Institutional Trading of Shift4 Payments

Institutional investors have recently bought and sold shares of the business. Wasatch Advisors LP boosted its stake in shares of Shift4 Payments by 10.1% in the fourth quarter. Wasatch Advisors LP now owns 6,778,925 shares of the company’s stock valued at $426,869,000 after buying an additional 621,797 shares during the period. Durable Capital Partners LP increased its stake in Shift4 Payments by 12.6% during the 2nd quarter. Durable Capital Partners LP now owns 6,665,443 shares of the company’s stock worth $660,612,000 after acquiring an additional 745,650 shares during the period. Darlington Partners Capital Management LP lifted its position in Shift4 Payments by 2.1% during the third quarter. Darlington Partners Capital Management LP now owns 5,071,725 shares of the company’s stock worth $392,552,000 after purchasing an additional 105,320 shares during the period. Ensign Peak Advisors Inc increased its stake in Shift4 Payments by 7.7% in the fourth quarter. Ensign Peak Advisors Inc now owns 2,643,829 shares of the company’s stock valued at $166,482,000 after acquiring an additional 188,594 shares during the last quarter. Finally, Jennison Associates LLC raised its holdings in shares of Shift4 Payments by 25.6% during the 3rd quarter. Jennison Associates LLC now owns 2,056,056 shares of the company’s stock worth $159,139,000 after buying an additional 419,132 shares in the last quarter. Institutional investors own 98.87% of the company’s stock.

Analyst Ratings Changes

FOUR has been the subject of a number of recent research reports. Loop Capital set a $80.00 price target on Shift4 Payments in a research report on Thursday, December 11th. Weiss Ratings reissued a “hold (c)” rating on shares of Shift4 Payments in a research report on Monday, December 29th. Keefe, Bruyette & Woods dropped their price target on shares of Shift4 Payments from $72.00 to $60.00 and set a “market perform” rating on the stock in a research report on Friday, February 27th. Benchmark cut their price objective on Shift4 Payments from $100.00 to $67.00 and set a “buy” rating for the company in a research report on Monday. Finally, Oppenheimer reduced their target price on Shift4 Payments from $112.00 to $98.00 and set an “outperform” rating for the company in a research note on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, Shift4 Payments has an average rating of “Moderate Buy” and a consensus price target of $79.89.

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.