Atria Investments Inc Takes $2.22 Million Position in i3 Verticals, Inc. $IIIV

Atria Investments Inc purchased a new position in i3 Verticals, Inc. (NASDAQ:IIIV) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 68,341 shares of the company’s stock, valued at approximately $2,218,000. Atria Investments Inc owned 0.21% of i3 Verticals at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Oppenheimer Asset Management Inc. purchased a new stake in i3 Verticals during the third quarter worth $3,303,000. Envestnet Asset Management Inc. lifted its holdings in shares of i3 Verticals by 56.2% in the third quarter. Envestnet Asset Management Inc. now owns 148,922 shares of the company’s stock valued at $4,834,000 after purchasing an additional 53,611 shares in the last quarter. Ashton Thomas Private Wealth LLC purchased a new stake in shares of i3 Verticals in the third quarter valued at about $284,000. Thrivent Financial for Lutherans grew its position in shares of i3 Verticals by 19.6% in the third quarter. Thrivent Financial for Lutherans now owns 655,085 shares of the company’s stock valued at $21,264,000 after purchasing an additional 107,487 shares during the last quarter. Finally, Arizona State Retirement System purchased a new position in shares of i3 Verticals during the 3rd quarter worth approximately $222,000. 84.22% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

IIIV has been the subject of several recent research reports. Benchmark reissued a “buy” rating on shares of i3 Verticals in a research report on Monday, February 9th. DA Davidson reiterated a “buy” rating and set a $35.00 price objective on shares of i3 Verticals in a research report on Monday, February 2nd. Weiss Ratings restated a “hold (c)” rating on shares of i3 Verticals in a report on Monday, December 29th. Zacks Research raised shares of i3 Verticals from a “strong sell” rating to a “hold” rating in a research note on Thursday, October 30th. Finally, KeyCorp cut their price objective on shares of i3 Verticals from $32.00 to $30.00 and set an “overweight” rating for the company in a research report on Monday, February 9th. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $33.20.

Insider Activity at i3 Verticals

In other i3 Verticals news, President Frederick Stanford sold 11,347 shares of i3 Verticals stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $24.21, for a total transaction of $274,710.87. Following the transaction, the president directly owned 43,653 shares of the company’s stock, valued at $1,056,839.13. The trade was a 20.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CRO Paul Christians sold 9,000 shares of the stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $23.27, for a total value of $209,430.00. Following the completion of the sale, the executive owned 45,818 shares of the company’s stock, valued at approximately $1,066,184.86. This represents a 16.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 23,639 shares of company stock worth $562,425 in the last 90 days. 60.09% of the stock is currently owned by insiders.

i3 Verticals Stock Performance

IIIV opened at $22.20 on Tuesday. i3 Verticals, Inc. has a 1 year low of $19.89 and a 1 year high of $33.97. The company’s 50 day simple moving average is $24.55 and its 200 day simple moving average is $27.97. The stock has a market capitalization of $676.66 million, a PE ratio of 35.81 and a beta of 0.99.

i3 Verticals (NASDAQ:IIIV) last posted its quarterly earnings results on Thursday, February 5th. The company reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.02. i3 Verticals had a net margin of 7.33% and a return on equity of 4.32%. The company had revenue of $52.67 million for the quarter, compared to the consensus estimate of $52.18 million. i3 Verticals has set its FY 2026 guidance at 1.080-1.160 EPS. As a group, sell-side analysts expect that i3 Verticals, Inc. will post 0.9 earnings per share for the current fiscal year.

About i3 Verticals

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.