Comerica Bank Sells 33,114 Shares of Shift4 Payments, Inc. $FOUR

Key Points

• Comerica Bank trimmed its stake in Shift4 Payments by 51.9% in Q4, selling 33,114 shares and ending the period with 30,737 shares worth about $1.94 million.
• Insiders are buying: Jared Isaacman purchased 43,827 shares at $45.75 and insiders have bought 385,757 shares over the past three months, now owning 25.15% of the company.
• Analyst views vs company guidance: the stock’s consensus is a "Hold" with an average target of $72.76 after multiple price cuts, while Shift4 issued FY2026 EPS guidance of 5.50–5.70, above sell-side forecasts of 4.65 EPS.

Comerica Bank trimmed its stake in shares of Shift4 Payments, Inc. (NYSE:FOUR - Free Report) by 51.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,737 shares of the company's stock after selling 33,114 shares during the quarter. Comerica Bank's holdings in Shift4 Payments were worth $1,936,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FOUR. CIBC Bancorp USA Inc. bought a new position in Shift4 Payments during the third quarter worth $77,303,000. Wasatch Advisors LP boosted its position in Shift4 Payments by 16.4% during the second quarter. Wasatch Advisors LP now owns 6,338,567 shares of the company's stock worth $628,215,000 after purchasing an additional 890,990 shares during the period. Marshall Wace LLP boosted its position in Shift4 Payments by 1,128.5% during the third quarter. Marshall Wace LLP now owns 839,330 shares of the company's stock worth $64,964,000 after purchasing an additional 771,007 shares during the period. Durable Capital Partners LP boosted its position in 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 purchasing an additional 745,650 shares during the period. Finally, ShawSpring Partners LLC boosted its position in Shift4 Payments by 60.7% during the third quarter. ShawSpring Partners LLC now owns 1,251,374 shares of the company's stock worth $96,856,000 after purchasing an additional 472,652 shares during the period. 98.87% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have commented on FOUR shares. The Goldman Sachs Group reduced their price objective 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. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $73.00 price objective on shares of Shift4 Payments in a research report on Thursday, February 26th. DA Davidson reduced their price objective on shares of Shift4 Payments from $104.00 to $82.00 and set a "buy" rating for the company in a research report on Monday, March 2nd. Keefe, Bruyette & Woods reduced 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 research report on Friday, February 27th. Finally, Evercore set a $50.00 target price on shares of Shift4 Payments in a research report on Tuesday, April 21st. Eleven investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average target price of $72.76.

Insider Activity

In other Shift4 Payments news, major shareholder Jared Isaacman bought 43,827 shares of Shift4 Payments stock in a transaction dated Tuesday, March 10th. The stock was bought at an average price of $45.75 per share, with a total value of $2,005,085.25. Following the completion of the transaction, the insider owned 1,410,727 shares in the company, valued at $64,540,760.25. The trade was a 3.21% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders have bought a total of 385,757 shares of company stock valued at $17,666,153 over the last three months. Insiders own 25.15% of the company's stock.

Shift4 Payments Trading Up 4.9%

Shares of Shift4 Payments stock opened at $43.00 on Thursday. The firm has a 50-day moving average of $46.05 and a 200-day moving average of $58.87. The stock has a market cap of $3.49 billion, a PE ratio of 40.95, a PEG ratio of 0.45 and a beta of 1.44. Shift4 Payments, Inc. has a 52-week low of $39.90 and a 52-week high of $108.50. 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 (NYSE:FOUR - Get Free Report) last announced its earnings results on Thursday, February 26th. The company reported $1.60 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.56 by $0.04. The company had revenue of $610.00 million 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%. Shift4 Payments's quarterly revenue was up 50.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.35 earnings per share. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. As a group, sell-side analysts forecast that Shift4 Payments, Inc. will post 4.65 EPS for the current year.

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.

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