Insider Buying: Shift4 Payments (NYSE:FOUR) Major Shareholder Acquires 45,693 Shares of Stock

Shift4 Payments, Inc. (NYSE:FOUR) major shareholder Jared Isaacman bought 45,693 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The shares were purchased at an average cost of $43.83 per share, for a total transaction of $2,002,724.19. Following the purchase, the insider owned 1,366,900 shares in the company, valued at $59,911,227. This represents a 3.46% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Jared Isaacman also recently made the following trade(s):

• On Friday, February 27th, Jared Isaacman purchased 159,244 shares of Shift4 Payments stock. The stock was bought at an average cost of $44.15 per share, with a total value of $7,030,622.60.
• On Thursday, February 26th, Jared Isaacman bought 136,993 shares of Shift4 Payments stock. The stock was acquired at an average cost of $48.38 per share, for a total transaction of $6,627,721.34.

Shift4 Payments Stock Performance

NYSE FOUR opened at $49.88 on Wednesday. The firm has a market cap of $4.42 billion, a P/E ratio of 47.50, a P/E/G ratio of 0.41 and a beta of 1.65. Shift4 Payments, Inc. has a 52-week low of $43.32 and a 52-week high of $108.50. The business’s 50-day moving average price is $60.44 and its 200 day moving average price is $70.92. The company has a quick ratio of 1.38, a current ratio of 1.66 and a debt-to-equity ratio of 4.66.

Shift4 Payments (NYSE:FOUR) last posted its quarterly earnings results on Thursday, February 26th. The company reported $1.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.56 by $0.04. The firm had revenue of $1.19 billion during the quarter, compared to analysts’ expectations of $1.20 billion. Shift4 Payments had a net margin of 2.84% and a return on equity of 39.27%. The firm’s revenue for the quarter was up 50.6% on a year-over-year basis. During the same period in the prior year, the company posted $1.35 earnings per share. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. On average, equities research analysts expect that Shift4 Payments, Inc. will post 3.7 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Shift4 Payments in a research report on Monday, December 29th. Oppenheimer dropped their price objective on Shift4 Payments from $112.00 to $98.00 and set an “outperform” rating for the company in a research note on Monday, January 12th. Freedom Capital downgraded Shift4 Payments from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 27th. Wells Fargo & Company dropped their price target on Shift4 Payments from $77.00 to $55.00 and set an “equal weight” rating for the company in a research report on Friday, February 27th. Finally, Loop Capital set a $80.00 price target on Shift4 Payments in a research note on Thursday, December 11th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $80.42.

Key Shift4 Payments News

Here are the key news stories impacting Shift4 Payments this week:

• Positive Sentiment: Major insider buying — Jared Isaacman (a >10% holder) materially increased his position with two recent purchases (≈136,993 shares at ~$48.38 and 159,244 shares at ~$44.15). Big insider buys from a controlling holder signal confidence in the business and likely supported the stock. SEC filing: Jared Isaacman insider buys
• Positive Sentiment: Top‑tier firm keeps Buy stance — B. Riley trimmed its target after Q4 but retained a Buy and a $120 target, maintaining a clear institutional bulls’ endorsement that supports upside narratives. B. Riley reduces target to $120
• Neutral Sentiment: DA Davidson trimmed its price target (from $104 to $82) but kept a Buy — a downshift in target that still signals medium‑term confidence; mixed analyst signals often create volatility rather than a clear directional drive. DA Davidson PT cut to $82
• Neutral Sentiment: Management presentation at Raymond James — the conference transcript (management Q&A) provides detail on growth drivers and margin outlook but did not produce a clear catalyst on its own. Investors may parse the transcript for incremental guidance color. Raymond James presentation transcript
• Negative Sentiment: Goldman Sachs re‑rated to Neutral and cut its price target sharply (to $56) — a notable analyst downgrade that likely pressured sentiment and boosted intraday selling pressure before the insider buys countered it. Goldman Sachs cuts to Neutral, PT $56
• Negative Sentiment: Shareholder investigation announced — Purcell & Lefkowitz launched an inquiry into possible board fiduciary breaches tied to recent corporate actions; legal scrutiny increases uncertainty and risk premium. PR Newswire: shareholder investigation
• Negative Sentiment: Wider analyst downgrades and target trims — several firms have lowered expectations or moved to Hold, adding aggregate downward analyst pressure that can keep the stock range‑bound until clearer earnings/guidance follow‑through. Analyst downgrades/expectations lowered

Hedge Funds Weigh In On Shift4 Payments

Large investors have recently added to or reduced their stakes in the business. Wasatch Advisors LP grew its holdings in Shift4 Payments by 10.1% in the fourth quarter. Wasatch Advisors LP now owns 6,778,925 shares of the company’s stock valued at $426,869,000 after purchasing an additional 621,797 shares during the period. Durable Capital Partners LP raised its position in shares of Shift4 Payments by 12.6% in the 2nd quarter. Durable Capital Partners LP now owns 6,665,443 shares of the company’s stock worth $660,612,000 after buying an additional 745,650 shares during the period. Darlington Partners Capital Management LP boosted its holdings in Shift4 Payments by 2.1% in the third quarter. Darlington Partners Capital Management LP now owns 5,071,725 shares of the company’s stock valued at $392,552,000 after acquiring an additional 105,320 shares during the last quarter. Ensign Peak Advisors Inc grew its position in Shift4 Payments by 7.7% during the fourth quarter. Ensign Peak Advisors Inc now owns 2,643,829 shares of the company’s stock valued at $166,482,000 after acquiring an additional 188,594 shares during the period. Finally, Jennison Associates LLC increased its stake in Shift4 Payments by 25.6% during the third quarter. Jennison Associates LLC now owns 2,056,056 shares of the company’s stock worth $159,139,000 after acquiring an additional 419,132 shares during the last quarter. 98.87% of the stock is currently owned by hedge funds and other institutional investors.

About Shift4 Payments

Shift4 Payments is a U.S.-based provider of integrated payment processing and technology solutions, serving merchants across the hospitality, retail, e-commerce, gaming and lodging industries. The company’s platform enables businesses to accept in-store, online and mobile payments through a combination of point-of-sale hardware, payment gateway services and back-office software. By centralizing transaction processing and reporting, Shift4 aims to simplify payments, enhance security and streamline operations for its merchant customers.

The company’s core offerings include encrypted point-of-sale terminals, cloud-based payment gateways, and developer-friendly APIs for online and mobile checkouts.