Shift4 Payments, Inc. $FOUR Shares Purchased by Maxi Investments CY Ltd

Maxi Investments CY Ltd boosted its holdings in shares of Shift4 Payments, Inc. (NYSE:FOUR) by 368.3% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 77,585 shares of the company’s stock after purchasing an additional 61,017 shares during the quarter. Shift4 Payments makes up approximately 0.5% of Maxi Investments CY Ltd’s holdings, making the stock its 21st largest holding. Maxi Investments CY Ltd owned about 0.09% of Shift4 Payments worth $6,005,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. Durable Capital Partners LP grew its position in shares of Shift4 Payments by 12.6% during the second 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 in the last quarter. Wasatch Advisors LP increased its stake in shares of Shift4 Payments by 16.4% in the second quarter. Wasatch Advisors LP now owns 6,338,567 shares of the company’s stock worth $628,215,000 after buying an additional 890,990 shares during the last quarter. Darlington Partners Capital Management LP raised 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 in the last quarter. Jennison Associates LLC raised its holdings in Shift4 Payments by 25.6% in the third quarter. Jennison Associates LLC now owns 2,056,056 shares of the company’s stock valued at $159,139,000 after acquiring an additional 419,132 shares in the last quarter. Finally, Alliancebernstein L.P. boosted its stake in Shift4 Payments by 16.6% during the 2nd quarter. Alliancebernstein L.P. now owns 1,505,933 shares of the company’s stock valued at $149,253,000 after acquiring an additional 214,627 shares during the last quarter. 98.87% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, major shareholder Jared Isaacman bought 159,244 shares of the firm’s stock in a transaction on Friday, February 27th. The stock was bought at an average cost of $44.15 per share, for a total transaction of $7,030,622.60. Following the completion of the purchase, the insider directly owned 1,321,207 shares in the company, valued at approximately $58,331,289.05. The trade was a 13.70% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders purchased 385,757 shares of company stock valued at $17,666,153 in the last three months. Insiders own 25.15% of the company’s stock.

Analysts Set New Price Targets

FOUR has been the subject of several research analyst reports. The Goldman Sachs Group dropped their target price on shares of Shift4 Payments from $81.00 to $56.00 and set a “neutral” rating for the company in a research report on Monday, March 2nd. Raymond James Financial reaffirmed a “strong-buy” rating and set a $67.00 price target on shares of Shift4 Payments in a research report on Thursday, February 26th. Oppenheimer decreased their price target 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. DA Davidson lowered their price objective on Shift4 Payments from $104.00 to $82.00 and set a “buy” rating for the company in a report on Monday, March 2nd. Finally, Freedom Capital cut Shift4 Payments from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 27th. 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 company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $79.89.

Shift4 Payments Trading Up 3.0%

Shift4 Payments stock opened at $44.63 on Tuesday. The firm’s 50-day moving average is $57.24 and its 200-day moving average is $68.14. The company has a debt-to-equity ratio of 4.66, a quick ratio of 1.66 and a current ratio of 1.66. Shift4 Payments, Inc. has a 1 year low of $43.01 and a 1 year high of $108.50. The company has a market cap of $3.95 billion, a P/E ratio of 42.50, a PEG ratio of 0.33 and a beta of 1.65.

Shift4 Payments (NYSE:FOUR) last announced its quarterly earnings data on Thursday, February 26th. The company reported $1.60 earnings per share for the quarter, beating analysts’ consensus estimates of $1.56 by $0.04. The business had revenue of $610.00 million during the quarter, compared to the consensus estimate of $1.20 billion. Shift4 Payments had a net margin of 2.84% and a return on equity of 39.27%. The company’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. On average, equities analysts expect that Shift4 Payments, Inc. will post 3.7 earnings per share for the current year.

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.