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

Shift4 Payments, Inc. (NYSE:FOUR - Get Free Report) insider James J. Whalen sold 195 shares of the firm's stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $94.00, for a total value of $18,330.00. Following the transaction, the insider now owns 57,118 shares in the company, valued at approximately $5,369,092. This trade represents a 0.34 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Shift4 Payments Price Performance

FOUR traded up $0.69 on Friday, reaching $89.87. The stock had a trading volume of 1,993,243 shares, compared to its average volume of 1,850,417. Shift4 Payments, Inc. has a fifty-two week low of $55.87 and a fifty-two week high of $127.50. The firm has a 50-day moving average of $108.96 and a 200-day moving average of $99.24. 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 company has a market capitalization of $8.01 billion, a price-to-earnings ratio of 29.27, a price-to-earnings-growth ratio of 1.04 and a beta of 1.76.

Shift4 Payments (NYSE:FOUR - Get Free Report) last issued its earnings results on Tuesday, February 18th. The company reported $1.22 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.16 by $0.06. The business had revenue of $405.00 million during the quarter, compared to analysts' expectations of $1 billion. Shift4 Payments had a return on equity of 29.00% and a net margin of 6.89%. As a group, sell-side analysts anticipate that Shift4 Payments, Inc. will post 3.7 EPS for the current year.

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Institutional Investors Weigh In On Shift4 Payments

Institutional investors and hedge funds have recently made changes to their positions in the stock. Heck Capital Advisors LLC acquired a new stake in shares of Shift4 Payments in the fourth quarter valued at about $26,000. Rakuten Securities Inc. boosted its position in shares of Shift4 Payments by 153.9% during the 4th quarter. Rakuten Securities Inc. now owns 259 shares of the company's stock valued at $27,000 after purchasing an additional 157 shares in the last quarter. Central Pacific Bank Trust Division bought a new stake in shares of Shift4 Payments during the 4th quarter valued at about $28,000. UMB Bank n.a. bought a new stake in shares of Shift4 Payments during the 4th quarter valued at about $29,000. Finally, Elequin Capital LP boosted its position 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 purchasing an additional 114 shares in the last quarter. Institutional investors and hedge funds own 98.87% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on FOUR shares. Morgan Stanley cut their price objective on Shift4 Payments from $109.00 to $107.00 and set an "equal weight" rating on the stock in a report on Thursday, February 27th. Benchmark cut Shift4 Payments from a "buy" rating to a "hold" rating in a report on Thursday, December 5th. Keefe, Bruyette & Woods lifted their target price on Shift4 Payments from $112.00 to $125.00 and gave the company a "market perform" rating in a research report on Thursday, February 20th. The Goldman Sachs Group boosted their price target on Shift4 Payments from $106.00 to $119.00 and gave the stock a "buy" rating in a research report on Thursday, November 14th. Finally, Oppenheimer lowered their price target on Shift4 Payments from $142.00 to $135.00 and set an "outperform" rating on the stock in a research report on Thursday, February 20th. Seven equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $114.00.

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.