Insider Buying: Shift4 Payments (NYSE:FOUR) Major Shareholder Purchases $8,095,655.00 in Stock

Shift4 Payments, Inc. (NYSE:FOUR) major shareholder Jared Isaacman bought 195,500 shares of the business’s stock in a transaction on Monday, May 11th. The stock was bought at an average cost of $41.41 per share, with a total value of $8,095,655.00. Following the transaction, the insider owned 1,594,455 shares in the company, valued at $66,026,381.55. This trade represents a 13.97% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

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

• On Tuesday, May 12th, Jared Isaacman bought 193,000 shares of Shift4 Payments stock. The stock was bought at an average cost of $40.66 per share, with a total value of $7,847,380.00.
• On Tuesday, March 10th, Jared Isaacman bought 43,827 shares of Shift4 Payments stock. The stock was bought at an average cost of $45.75 per share, with a total value of $2,005,085.25.
• On Monday, March 2nd, Jared Isaacman bought 45,693 shares of Shift4 Payments stock. The stock was bought at an average cost of $43.83 per share, with a total value of $2,002,724.19.
• On Friday, February 27th, Jared Isaacman bought 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 bought at an average cost of $48.38 per share, with a total value of $6,627,721.34.

Shift4 Payments Trading Down 0.2%

NYSE:FOUR opened at $41.93 on Friday. The company has a 50 day simple moving average of $44.94 and a two-hundred day simple moving average of $57.35. The company has a market cap of $3.33 billion, a PE ratio of 49.91, a price-to-earnings-growth ratio of 0.46 and a beta of 1.44. Shift4 Payments, Inc. has a 12 month low of $39.61 and a 12 month high of $108.50. The company has a current ratio of 1.22, a quick ratio of 1.66 and a debt-to-equity ratio of 2.55.

Shift4 Payments (NYSE:FOUR) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.97 earnings per share for the quarter, missing the consensus estimate of $0.99 by ($0.02). The business had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.09 billion. Shift4 Payments had a return on equity of 33.55% and a net margin of 2.63%.The company’s revenue was up 49.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.07 EPS. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. Research analysts forecast that Shift4 Payments, Inc. will post 4.65 earnings per share for the current year.

Institutional Trading of Shift4 Payments

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Mawer Investment Management Ltd. increased its holdings in shares of Shift4 Payments by 66.9% in the 3rd quarter. Mawer Investment Management Ltd. now owns 178,318 shares of the company’s stock worth $13,802,000 after buying an additional 71,489 shares during the last quarter. Maestria Partners LLC increased its holdings in shares of Shift4 Payments by 36.6% in the 3rd quarter. Maestria Partners LLC now owns 372,423 shares of the company’s stock worth $28,826,000 after buying an additional 99,723 shares during the last quarter. CIBC Bancorp USA Inc. bought a new stake in shares of Shift4 Payments in the 3rd quarter worth about $77,303,000. Jackson Square Partners LLC bought a new stake in shares of Shift4 Payments in the 3rd quarter worth about $5,735,000. Finally, Nordea Investment Management AB increased its holdings in shares of Shift4 Payments by 56.4% in the 3rd quarter. Nordea Investment Management AB now owns 92,832 shares of the company’s stock worth $7,057,000 after buying an additional 33,472 shares during the last quarter. 98.87% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have recently weighed in on FOUR shares. Benchmark dropped their price target on shares of Shift4 Payments from $100.00 to $67.00 and set a “buy” rating on the stock in a research note on Monday, March 2nd. Stephens cut shares of Shift4 Payments from an “overweight” rating to an “equal weight” rating and set a $50.00 price target on the stock. in a research note on Friday, April 17th. Seaport Research Partners cut shares of Shift4 Payments from a “buy” rating to a “neutral” rating in a research note on Thursday, April 16th. Freedom Capital cut shares of Shift4 Payments from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 27th. Finally, Weiss Ratings cut shares of Shift4 Payments from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, March 16th. Eleven research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Shift4 Payments currently has a consensus rating of “Hold” and an average target price of $71.62.

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.