Exchange Traded Concepts LLC Buys 14,678 Shares of Shift4 Payments, Inc. $FOUR

Exchange Traded Concepts LLC lifted its stake in shares of Shift4 Payments, Inc. (NYSE:FOUR) by 65.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 37,136 shares of the company’s stock after buying an additional 14,678 shares during the quarter. Exchange Traded Concepts LLC’s holdings in Shift4 Payments were worth $2,338,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. CIBC Bancorp USA Inc. bought a new stake in Shift4 Payments during the 3rd quarter valued at approximately $77,303,000. Wasatch Advisors LP grew its holdings in shares of Shift4 Payments by 16.4% during the 2nd quarter. Wasatch Advisors LP now owns 6,338,567 shares of the company’s stock worth $628,215,000 after acquiring an additional 890,990 shares during the period. Marshall Wace LLP raised its position in shares of Shift4 Payments by 1,128.5% in the 3rd quarter. Marshall Wace LLP now owns 839,330 shares of the company’s stock worth $64,964,000 after acquiring an additional 771,007 shares in the last quarter. Durable Capital Partners LP raised its position in shares of Shift4 Payments by 12.6% in 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 in the last quarter. Finally, ShawSpring Partners LLC lifted its stake in shares of Shift4 Payments by 60.7% in the 3rd quarter. ShawSpring Partners LLC now owns 1,251,374 shares of the company’s stock valued at $96,856,000 after purchasing an additional 472,652 shares during the period. 98.87% of the stock is owned by institutional investors.

Insider Activity at Shift4 Payments

In related news, major shareholder Jared Isaacman purchased 43,827 shares of Shift4 Payments stock in a transaction dated Tuesday, March 10th. The stock was purchased at an average cost of $45.75 per share, for a total transaction of $2,005,085.25. Following the completion of the acquisition, the insider directly owned 1,410,727 shares of the company’s stock, valued at $64,540,760.25. The trade was a 3.21% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders acquired 385,757 shares of company stock valued at $17,666,153 over the last 90 days. Corporate insiders own 25.15% of the company’s stock.

Analyst Ratings Changes

FOUR has been the topic of several research reports. The Goldman Sachs Group dropped their price target on Shift4 Payments from $81.00 to $56.00 and set a “neutral” rating on the stock in a research report on Monday, March 2nd. Truist Financial set a $71.00 price objective on Shift4 Payments in a research report on Tuesday, January 20th. Freedom Capital cut shares of Shift4 Payments from a “strong-buy” rating to a “hold” rating in a report on Friday, February 27th. Raymond James Financial downgraded shares of Shift4 Payments from a “strong-buy” rating to an “outperform” rating and set a $67.00 target price on the stock. in a research report on Thursday, March 26th. Finally, Keefe, Bruyette & Woods decreased their price target on shares of Shift4 Payments from $72.00 to $60.00 and set a “market perform” rating for the company in a research note on Friday, February 27th. Thirteen equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $79.89.

Shift4 Payments Stock Performance

Shift4 Payments stock opened at $43.69 on Wednesday. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 4.66. The company has a market capitalization of $3.55 billion, a P/E ratio of 41.61, a PEG ratio of 0.45 and a beta of 1.65. The stock’s 50 day moving average is $52.80 and its 200 day moving average is $64.82. Shift4 Payments, Inc. has a twelve month low of $40.60 and a twelve month high of $108.50.

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, beating analysts’ consensus estimates of $1.56 by $0.04. The company had revenue of $610.00 million during the quarter, compared to analyst estimates 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 quarter last year, the company earned $1.35 EPS. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. On average, equities research analysts predict that Shift4 Payments, Inc. will post 3.7 earnings per share for the current fiscal year.

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.