Shift4 Payments, Inc. (NYSE:FOUR) CFO Sells $849,800.00 in Stock

Shift4 Payments, Inc. (NYSE:FOUR - Get Free Report) CFO Nancy Disman sold 10,000 shares of the stock in a transaction on Friday, March 14th. The shares were sold at an average price of $84.98, for a total value of $849,800.00. Following the completion of the sale, the chief financial officer now owns 177,622 shares in the company, valued at approximately $15,094,317.56. The trade was a 5.33 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Shift4 Payments Stock Performance

Shares of FOUR traded up $1.21 during mid-day trading on Friday, hitting $88.69. 790,698 shares of the company's stock were exchanged, compared to its average volume of 1,547,468. The company has a current ratio of 1.38, a quick ratio of 2.97 and a debt-to-equity ratio of 2.12. The firm has a market capitalization of $7.90 billion, a P/E ratio of 28.88, a P/E/G ratio of 1.04 and a beta of 1.76. Shift4 Payments, Inc. has a fifty-two week low of $55.87 and a fifty-two week high of $127.50. The business's 50 day moving average is $105.57 and its two-hundred day moving average is $99.52.

Shift4 Payments (NYSE:FOUR - Get Free Report) last posted its quarterly earnings results on Tuesday, February 18th. The company reported $1.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.16 by $0.06. Shift4 Payments had a net margin of 6.89% and a return on equity of 29.00%. The company had revenue of $405.00 million during the quarter, compared to the consensus estimate of $1 billion. On average, equities analysts expect that Shift4 Payments, Inc. will post 3.7 earnings per share for the current year.

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Analysts Set New Price Targets

Several analysts have recently issued reports on FOUR shares. Bank of America cut Shift4 Payments from a "buy" rating to a "neutral" rating and reduced their price objective for the company from $112.00 to $105.00 in a research note on Wednesday, December 4th. Barclays reduced their price objective on Shift4 Payments from $120.00 to $117.00 and set an "overweight" rating on the stock in a research note on Monday, February 24th. Royal Bank of Canada reissued an "outperform" rating and issued a $154.00 target price on shares of Shift4 Payments in a report on Tuesday, March 4th. B. Riley increased their target price on Shift4 Payments from $110.00 to $150.00 and gave the company a "buy" rating in a report on Tuesday, November 26th. Finally, Stephens reissued an "overweight" rating and issued a $125.00 target price on shares of Shift4 Payments in a report on Wednesday, February 19th. Seven analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $115.30.

Institutional Trading of Shift4 Payments

Several institutional investors have recently made changes to their positions in FOUR. Asset Management One Co. Ltd. lifted its holdings in shares of Shift4 Payments by 14.6% during the 4th quarter. Asset Management One Co. Ltd. now owns 775 shares of the company's stock valued at $81,000 after acquiring an additional 99 shares in the last quarter. Elequin Capital LP lifted its holdings in shares of Shift4 Payments by 62.3% during the 4th quarter. Elequin Capital LP now owns 297 shares of the company's stock valued at $31,000 after acquiring an additional 114 shares in the last quarter. Perigon Wealth Management LLC lifted its holdings in shares of Shift4 Payments by 3.5% during the 4th quarter. Perigon Wealth Management LLC now owns 3,909 shares of the company's stock valued at $419,000 after acquiring an additional 133 shares in the last quarter. Triumph Capital Management lifted its holdings in shares of Shift4 Payments by 3.2% during the 4th quarter. Triumph Capital Management now owns 4,360 shares of the company's stock valued at $452,000 after acquiring an additional 137 shares in the last quarter. Finally, MRP Capital Investments LLC lifted its holdings in shares of Shift4 Payments by 5.9% during the 4th quarter. MRP Capital Investments LLC now owns 2,700 shares of the company's stock valued at $280,000 after acquiring an additional 150 shares in the last quarter. 98.87% of the stock is owned by hedge funds and other institutional investors.

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.