Portolan Capital Management LLC Sells 246,414 Shares of Shift4 Payments, Inc. $FOUR

Portolan Capital Management LLC decreased its position in shares of Shift4 Payments, Inc. (NYSE:FOUR) by 56.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 188,761 shares of the company’s stock after selling 246,414 shares during the period. Portolan Capital Management LLC’s holdings in Shift4 Payments were worth $14,610,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the company. Allworth Financial LP boosted its holdings in shares of Shift4 Payments by 410.9% in the 2nd quarter. Allworth Financial LP now owns 281 shares of the company’s stock valued at $28,000 after purchasing an additional 226 shares in the last quarter. Advisors Asset Management Inc. raised its holdings in shares of Shift4 Payments by 100.0% during the 1st quarter. Advisors Asset Management Inc. now owns 434 shares of the company’s stock worth $35,000 after buying an additional 217 shares in the last quarter. Hantz Financial Services Inc. raised its holdings in shares of Shift4 Payments by 148.1% during the 3rd quarter. Hantz Financial Services Inc. now owns 526 shares of the company’s stock worth $41,000 after buying an additional 314 shares in the last quarter. Vestcor Inc bought a new stake in shares of Shift4 Payments during the 3rd quarter worth $45,000. Finally, Johnson Financial Group Inc. lifted its position in shares of Shift4 Payments by 282.2% during the 3rd quarter. Johnson Financial Group Inc. now owns 646 shares of the company’s stock worth $50,000 after buying an additional 477 shares during the last quarter. 98.87% of the stock is owned by institutional investors.

Insider Buying and Selling at Shift4 Payments

In other Shift4 Payments news, major shareholder Jared Isaacman acquired 43,827 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The stock was acquired at an average price of $45.75 per share, for a total transaction of $2,005,085.25. Following the acquisition, the insider directly owned 1,410,727 shares in the company, valued at $64,540,760.25. This represents a 3.21% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders bought 385,757 shares of company stock worth $17,666,153 in the last quarter. Insiders own 25.15% of the company’s stock.

Shift4 Payments Trading Down 1.3%

NYSE FOUR opened at $43.36 on Friday. The company has a market cap of $3.84 billion, a price-to-earnings ratio of 41.30, a price-to-earnings-growth ratio of 0.33 and a beta of 1.65. Shift4 Payments, Inc. has a twelve month low of $43.01 and a twelve month high of $108.50. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 4.66. The business’s fifty day moving average is $57.63 and its 200 day moving average is $68.76.

Shift4 Payments (NYSE:FOUR) last issued its earnings results on Thursday, February 26th. The company reported $1.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.56 by $0.04. The business had revenue of $610.00 million during the quarter, compared to analysts’ expectations of $1.20 billion. Shift4 Payments had a return on equity of 39.27% and a net margin of 2.84%.The business’s revenue for the quarter was up 50.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.35 EPS. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. As a group, sell-side analysts expect that Shift4 Payments, Inc. will post 3.7 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

FOUR has been the topic of a number of recent analyst reports. Freedom Capital cut Shift4 Payments from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 27th. Keefe, Bruyette & Woods dropped their target price on shares of Shift4 Payments from $72.00 to $60.00 and set a “market perform” rating for the company in a report on Friday, February 27th. Raymond James Financial restated a “strong-buy” rating and issued a $67.00 price target on shares of Shift4 Payments in a research note on Thursday, February 26th. The Goldman Sachs Group decreased their price target on shares of Shift4 Payments from $81.00 to $56.00 and set a “neutral” rating on the stock in a report on Monday, March 2nd. Finally, Mizuho lowered their price objective on shares of Shift4 Payments from $102.00 to $90.00 and set an “outperform” rating for the company in a research report on Monday, December 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $79.89.

Shift4 Payments Profile

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.