Shift4 Payments, Inc. (NYSE:FOUR) CFO Sells $723,400.00 in Stock

Shift4 Payments, Inc. (NYSE:FOUR) CFO Nancy Disman sold 10,000 shares of Shift4 Payments stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $72.34, for a total transaction of $723,400.00. Following the sale, the chief financial officer now directly owns 274,954 shares in the company, valued at approximately $19,890,172.36. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Shift4 Payments Stock Performance

Shares of FOUR stock opened at $67.62 on Friday. The company has a quick ratio of 1.63, a current ratio of 1.70 and a debt-to-equity ratio of 1.96. The company has a 50 day moving average price of $66.23 and a 200-day moving average price of $68.96. Shift4 Payments, Inc. has a 52 week low of $42.91 and a 52 week high of $92.30. The firm has a market capitalization of $5.83 billion, a PE ratio of 45.38, a P/E/G ratio of 0.97 and a beta of 1.59.

Shift4 Payments (NYSE:FOUR) last posted its earnings results on Tuesday, February 27th. The company reported $0.62 EPS for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.05). The company had revenue of $269.30 million during the quarter, compared to the consensus estimate of $278.85 million. Shift4 Payments had a return on equity of 25.21% and a net margin of 3.38%. As a group, equities research analysts expect that Shift4 Payments, Inc. will post 2.86 earnings per share for the current year.

Institutional Trading of Shift4 Payments

A number of hedge funds have recently bought and sold shares of the company. Voss Capital LLC bought a new position in shares of Shift4 Payments in the 4th quarter worth approximately $11,151,000. FCF Advisors LLC bought a new stake in shares of Shift4 Payments during the 4th quarter valued at $1,136,000. Peregrine Capital Management LLC purchased a new stake in shares of Shift4 Payments in the 4th quarter worth $6,040,000. Donoghue Forlines LLC bought a new position in Shift4 Payments in the 4th quarter worth $1,506,000. Finally, Regal Investment Advisors LLC purchased a new position in Shift4 Payments during the third quarter valued at $976,000. Hedge funds and other institutional investors own 98.87% of the company’s stock.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Piper Sandler reaffirmed an “overweight” rating and set a $93.00 price objective on shares of Shift4 Payments in a research report on Wednesday, February 28th. Benchmark reiterated a “buy” rating and issued a $99.00 price objective on shares of Shift4 Payments in a report on Friday, May 10th. UBS Group boosted their target price on shares of Shift4 Payments from $75.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, February 28th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $94.00 target price on shares of Shift4 Payments in a research report on Wednesday, April 3rd. Finally, Redburn Atlantic upgraded shares of Shift4 Payments from a “sell” rating to a “neutral” rating and set a $53.00 price objective on the stock in a report on Friday, April 19th. Two analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $83.75.

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.