Zurcher Kantonalbank Zurich Cantonalbank Decreases Stake in Shift4 Payments, Inc. $FOUR

Key Points

• Zurcher Kantonalbank cut its stake by 97.6% in Shift4 Payments in Q4, selling 500,000 shares and leaving it with 12,304 shares valued at about $775,000.
• Major shareholder Jared Isaacman bought 43,827 shares on March 10, bringing insiders' holdings to 25.15% and totaling 385,757 insider purchases worth about $17.7 million over the last 90 days.
• Shift4 reported quarterly EPS of $1.60 (beating estimates) and revenue up 50.6% year-over-year at $610 million (below some analyst expectations), set FY2026 EPS guidance of 5.50–5.70, and carries a MarketBeat consensus rating of "Hold" with an average price target of $72.76.

Zurcher Kantonalbank Zurich Cantonalbank lowered its holdings in Shift4 Payments, Inc. (NYSE:FOUR - Free Report) by 97.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,304 shares of the company's stock after selling 500,000 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank's holdings in Shift4 Payments were worth $775,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the company. GAMMA Investing LLC grew its holdings in shares of Shift4 Payments by 25.9% in the fourth quarter. GAMMA Investing LLC now owns 860 shares of the company's stock worth $54,000 after acquiring an additional 177 shares during the period. Parallel Advisors LLC grew its position in Shift4 Payments by 5.6% during the third quarter. Parallel Advisors LLC now owns 4,049 shares of the company's stock valued at $313,000 after buying an additional 214 shares during the period. Advisors Asset Management Inc. grew its position in Shift4 Payments by 100.0% during the first quarter. Advisors Asset Management Inc. now owns 434 shares of the company's stock valued at $35,000 after buying an additional 217 shares during the period. Glenmede Investment Management LP grew its position in Shift4 Payments by 5.1% during the third quarter. Glenmede Investment Management LP now owns 4,565 shares of the company's stock valued at $353,000 after buying an additional 222 shares during the period. Finally, Cerity Partners LLC grew its position in Shift4 Payments by 4.4% during the second quarter. Cerity Partners LLC now owns 5,317 shares of the company's stock valued at $527,000 after buying an additional 225 shares during the period. Institutional investors own 98.87% of the company's stock.

Shift4 Payments Stock Performance

Shift4 Payments stock opened at $45.25 on Friday. The company has a debt-to-equity ratio of 4.66, a current ratio of 1.66 and a quick ratio of 1.66. Shift4 Payments, Inc. has a 1-year low of $39.90 and a 1-year high of $108.50. The firm has a market capitalization of $3.68 billion, a P/E ratio of 43.09, a price-to-earnings-growth ratio of 0.49 and a beta of 1.45. The company's 50-day moving average is $46.69 and its 200 day moving average is $59.58.

Shift4 Payments (NYSE:FOUR - Get Free Report) last posted its quarterly earnings data on Thursday, February 26th. The company reported $1.60 earnings per share for the quarter, topping analysts' consensus estimates of $1.56 by $0.04. Shift4 Payments had a net margin of 2.84% and a return on equity of 39.27%. The company had revenue of $610.00 million for the quarter, compared to analyst estimates of $1.20 billion. During the same period in the prior year, the company posted $1.35 EPS. The firm's revenue for the quarter was up 50.6% on a year-over-year basis. 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 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on FOUR. Deutsche Bank Aktiengesellschaft downgraded Shift4 Payments from a "buy" rating to a "hold" rating and lowered their target price for the company from $100.00 to $65.00 in a research report on Thursday, January 15th. BMO Capital Markets began coverage on Shift4 Payments in a research report on Tuesday, April 21st. They set a "market perform" rating and a $50.00 target price on the stock. Raymond James Financial downgraded Shift4 Payments from a "strong-buy" rating to an "outperform" rating and set a $67.00 target price on the stock. in a research report on Thursday, March 26th. Oppenheimer lowered their target price on Shift4 Payments from $112.00 to $98.00 and set an "outperform" rating on the stock in a research report on Monday, January 12th. Finally, Truist Financial set a $71.00 price target on Shift4 Payments in a report on Tuesday, January 20th. Eleven analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $72.76.

Insiders Place Their Bets

In other news, major shareholder Jared Isaacman acquired 43,827 shares of Shift4 Payments stock in a transaction that occurred on Tuesday, March 10th. The shares were bought at an average cost of $45.75 per share, with a total value of $2,005,085.25. Following the transaction, the insider directly owned 1,410,727 shares of the company's stock, valued at $64,540,760.25. This trade represents a 3.21% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Over the last 90 days, insiders have bought 385,757 shares of company stock valued at $17,666,153. Corporate insiders own 25.15% of the company's stock.

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.

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