Shift4 Payments, Inc. (NYSE:FOUR) Insider Sells $18,330.00 in Stock

Shift4 Payments, Inc. (NYSE:FOUR) insider James J. Whalen sold 195 shares of Shift4 Payments stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $94.00, for a total transaction of $18,330.00. Following the sale, the insider now owns 57,118 shares of the company’s stock, valued at approximately $5,369,092. This represents a 0.34 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Shift4 Payments Stock Performance

Shares of FOUR stock opened at $89.23 on Friday. The company’s fifty day simple moving average is $109.25 and its 200-day simple moving average is $99.04. The company has a quick ratio of 2.97, a current ratio of 1.38 and a debt-to-equity ratio of 2.12. The firm has a market cap of $7.95 billion, a PE ratio of 29.06, a P/E/G ratio of 1.04 and a beta of 1.76. Shift4 Payments, Inc. has a 12 month low of $55.87 and a 12 month high of $127.50.

Shift4 Payments (NYSE:FOUR) last announced its quarterly earnings data on Tuesday, February 18th. The company reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $1.16 by $0.06. The business had revenue of $405.00 million for the quarter, compared to analyst estimates of $1 billion. Shift4 Payments had a net margin of 6.89% and a return on equity of 29.00%. Equities research analysts expect that Shift4 Payments, Inc. will post 3.7 EPS for the current fiscal year.

Institutional Trading of Shift4 Payments

A number of institutional investors have recently made changes to their positions in the business. Alpha Wealth Funds LLC bought a new stake in shares of Shift4 Payments in the fourth quarter worth $311,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Shift4 Payments during the fourth quarter worth $16,195,000. Heck Capital Advisors LLC bought a new stake in Shift4 Payments during the fourth quarter worth $26,000. Armis Advisers LLC bought a new stake in Shift4 Payments during the fourth quarter worth $316,000. Finally, Public Employees Retirement System of Ohio raised its position in Shift4 Payments by 2.2% during the fourth quarter. Public Employees Retirement System of Ohio now owns 81,057 shares of the company’s stock worth $8,412,000 after acquiring an additional 1,736 shares in the last quarter. Institutional investors own 98.87% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Shift4 Payments in a report on Monday, February 3rd. They set a “hold” rating and a $120.00 price objective for the company. The Goldman Sachs Group boosted their price objective on shares of Shift4 Payments from $106.00 to $119.00 and gave the company a “buy” rating in a report on Thursday, November 14th. B. Riley boosted their price objective on shares of Shift4 Payments from $110.00 to $150.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Piper Sandler restated an “overweight” rating and set a $143.00 price objective (up previously from $120.00) on shares of Shift4 Payments in a report on Wednesday, February 19th. Finally, Morgan Stanley decreased their price objective on shares of Shift4 Payments from $109.00 to $107.00 and set an “equal weight” rating for the company in a report on Thursday, February 27th. Seven research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $114.00.

About Shift4 Payments

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.