Shift4 Payments, Inc. $FOUR Shares Sold by Granahan Investment Management LLC

Granahan Investment Management LLC lowered its position in shares of Shift4 Payments, Inc. (NYSE:FOUR) by 23.4% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 196,810 shares of the company’s stock after selling 60,264 shares during the quarter. Granahan Investment Management LLC’s holdings in Shift4 Payments were worth $15,233,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Allworth Financial LP raised its holdings in Shift4 Payments by 410.9% in the second quarter. Allworth Financial LP now owns 281 shares of the company’s stock valued at $28,000 after buying an additional 226 shares during the period. Advisors Asset Management Inc. grew its stake in Shift4 Payments by 100.0% during the first quarter. Advisors Asset Management Inc. now owns 434 shares of the company’s stock worth $35,000 after buying an additional 217 shares during the period. Hantz Financial Services Inc. increased its position in shares of Shift4 Payments by 148.1% in the third quarter. Hantz Financial Services Inc. now owns 526 shares of the company’s stock worth $41,000 after acquiring an additional 314 shares in the last quarter. Vestcor Inc acquired a new stake in shares of Shift4 Payments in the third quarter worth $45,000. Finally, Johnson Financial Group Inc. raised its stake in shares of Shift4 Payments by 282.2% in the 3rd quarter. Johnson Financial Group Inc. now owns 646 shares of the company’s stock valued at $50,000 after acquiring an additional 477 shares during the period. Institutional investors and hedge funds own 98.87% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on FOUR shares. Susquehanna reduced their target price on shares of Shift4 Payments from $115.00 to $101.00 and set a “positive” rating on the stock in a report on Thursday, January 8th. Deutsche Bank Aktiengesellschaft downgraded Shift4 Payments from a “buy” rating to a “hold” rating and lowered their price target for the company from $100.00 to $65.00 in a report on Thursday, January 15th. Royal Bank Of Canada reissued an “outperform” rating and issued a $73.00 price objective on shares of Shift4 Payments in a research report on Thursday, February 26th. Raymond James Financial restated a “strong-buy” rating and set a $67.00 price objective on shares of Shift4 Payments in a research note on Thursday, February 26th. Finally, DA Davidson decreased their target price on Shift4 Payments from $104.00 to $82.00 and set a “buy” rating for the company in a research report on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $79.89.

Insider Buying and Selling at Shift4 Payments

In other Shift4 Payments news, major shareholder Jared Isaacman bought 43,827 shares of the stock in a transaction dated Tuesday, March 10th. The stock was bought at an average cost of $45.75 per share, for a total transaction of $2,005,085.25. Following the completion of the purchase, the insider directly owned 1,410,727 shares of the company’s stock, valued at approximately $64,540,760.25. The trade was a 3.21% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders bought 385,757 shares of company stock worth $17,666,153 in the last three months. 25.15% of the stock is owned by company insiders.

Shift4 Payments Price Performance

Shares of FOUR stock opened at $43.36 on Monday. The firm has a fifty day simple moving average of $57.63 and a 200-day simple moving average of $68.47. The company has a market capitalization of $3.84 billion, a PE 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 current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 4.66.

Shift4 Payments (NYSE:FOUR) last released 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. Shift4 Payments had a net margin of 2.84% and a return on equity of 39.27%. The firm had revenue of $610.00 million for the quarter, compared to the consensus estimate of $1.20 billion. During the same quarter in the previous year, the firm posted $1.35 EPS. The firm’s quarterly revenue was up 50.6% on a year-over-year basis. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. Equities research analysts anticipate that Shift4 Payments, Inc. will post 3.7 earnings per share for the current fiscal year.

Shift4 Payments Company 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.