Great Lakes Advisors LLC bought a new position in Shift4 Payments, Inc. (NYSE:FOUR – Free Report) in the second quarter, HoldingsChannel.com reports. The fund bought 60,355 shares of the company’s stock, valued at approximately $4,099,000.
Several other hedge funds and other institutional investors have also modified their holdings of FOUR. Belpointe Asset Management LLC boosted its position in Shift4 Payments by 358.6% in the first quarter. Belpointe Asset Management LLC now owns 454 shares of the company’s stock valued at $34,000 after buying an additional 355 shares in the last quarter. Fortis Capital Advisors LLC lifted its stake in shares of Shift4 Payments by 1,873.9% during the first quarter. Fortis Capital Advisors LLC now owns 454 shares of the company’s stock valued at $34,000 after acquiring an additional 431 shares during the period. Neo Ivy Capital Management bought a new position in Shift4 Payments in the second quarter valued at about $34,000. State of Wyoming acquired a new stake in Shift4 Payments in the fourth quarter worth about $36,000. Finally, IFP Advisors Inc raised its holdings in Shift4 Payments by 695.8% during the 2nd quarter. IFP Advisors Inc now owns 1,130 shares of the company’s stock worth $38,000 after purchasing an additional 988 shares during the last quarter. Institutional investors own 70.82% of the company’s stock.
Insider Activity at Shift4 Payments
In other Shift4 Payments news, CFO Nancy Disman sold 10,000 shares of the company’s stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $65.07, for a total transaction of $650,700.00. Following the sale, the chief financial officer now directly owns 273,170 shares of the company’s stock, valued at $17,775,171.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Shift4 Payments news, CFO Nancy Disman sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $65.07, for a total transaction of $650,700.00. Following the transaction, the chief financial officer now owns 273,170 shares of the company’s stock, valued at $17,775,171.90. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Jordan Frankel sold 7,000 shares of the firm’s stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $58.81, for a total value of $411,670.00. Following the completion of the sale, the insider now directly owns 223,218 shares of the company’s stock, valued at $13,127,450.58. The disclosure for this sale can be found here. Over the last three months, insiders sold 22,000 shares of company stock valued at $1,353,920. 32.14% of the stock is owned by corporate insiders.
Wall Street Analyst Weigh In
Shift4 Payments Stock Down 0.1 %
NYSE:FOUR opened at $64.59 on Tuesday. Shift4 Payments, Inc. has a twelve month low of $41.25 and a twelve month high of $76.40. The firm has a market capitalization of $5.32 billion, a price-to-earnings ratio of 38.68, a price-to-earnings-growth ratio of 0.58 and a beta of 1.32. The company has a quick ratio of 3.31, a current ratio of 3.32 and a debt-to-equity ratio of 3.23. The stock’s 50 day moving average price is $53.52 and its two-hundred day moving average price is $59.75.
Shift4 Payments 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.
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