Shift4 Payments, Inc. (NYSE:FOUR) Insider Sells $495,050.00 in Stock

Shift4 Payments, Inc. (NYSE:FOUR) insider Jordan Frankel sold 5,000 shares of Shift4 Payments stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $99.01, for a total value of $495,050.00. Following the transaction, the insider now owns 222,112 shares of the company’s stock, valued at $21,991,309.12. The trade was a 2.20 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Jordan Frankel also recently made the following trade(s):

• On Monday, September 16th, Jordan Frankel sold 12,500 shares of Shift4 Payments stock. The shares were sold at an average price of $82.57, for a total value of $1,032,125.00.

Shift4 Payments Price Performance

NYSE:FOUR opened at $100.55 on Friday. The business’s 50-day moving average is $99.18 and its 200 day moving average is $83.27. Shift4 Payments, Inc. has a 12 month low of $55.87 and a 12 month high of $116.84. The company has a market capitalization of $9.06 billion, a P/E ratio of 54.65, a P/E/G ratio of 1.33 and a beta of 1.70. The company has a current ratio of 2.98, a quick ratio of 2.97 and a debt-to-equity ratio of 2.71.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Barclays assumed coverage on shares of Shift4 Payments in a research note on Wednesday, October 9th. They set an “overweight” rating and a $120.00 price objective for the company. Oppenheimer assumed coverage on Shift4 Payments in a research report on Tuesday, October 1st. They set an “outperform” rating and a $109.00 price objective on the stock. Stephens increased their target price on Shift4 Payments from $90.00 to $110.00 and gave the company an “overweight” rating in a report on Friday, October 18th. The Goldman Sachs Group increased their price target on shares of Shift4 Payments from $106.00 to $119.00 and gave the stock a “buy” rating in a research report on Thursday, November 14th. Finally, BTIG Research boosted their price objective on shares of Shift4 Payments from $90.00 to $105.00 and gave the company a “buy” rating in a research report on Thursday, October 10th. Six investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $103.10.

Institutional Trading of Shift4 Payments

Several hedge funds have recently modified their holdings of FOUR. Waldron Private Wealth LLC purchased a new stake in Shift4 Payments during the third quarter valued at approximately $25,000. Transcendent Capital Group LLC bought a new stake in Shift4 Payments in the third quarter worth about $27,000. Toth Financial Advisory Corp purchased a new position in shares of Shift4 Payments during the third quarter valued at approximately $32,000. Financial Management Professionals Inc. bought a new stake in shares of Shift4 Payments during the 3rd quarter worth approximately $56,000. Finally, Quarry LP purchased a new position in Shift4 Payments during the 2nd quarter valued at $60,000. 98.87% of the stock is owned by hedge funds and other institutional investors.

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.