James J. Whalen Sells 794 Shares of Shift4 Payments (NYSE:FOUR) Stock

Key Points

• James Whalen, an insider at Shift4 Payments, sold 794 shares at an average price of $89.89, reducing his holdings by 1.39% to approximately $5 million.
• Shift4 Payments reported $1.10 earnings per share (EPS) for the last quarter, missing estimates of $1.20, despite a 28.9% increase in revenue year-over-year.
• Analysts have differing views on Shift4 Payments, with price targets ranging from $92 to $127 and a consensus rating of "Moderate Buy".

Shift4 Payments, Inc. (NYSE:FOUR - Get Free Report) insider James J. Whalen sold 794 shares of Shift4 Payments stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $89.89, for a total value of $71,372.66. Following the completion of the transaction, the insider owned 56,324 shares of the company's stock, valued at approximately $5,062,964.36. The trade was a 1.39% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Shift4 Payments Stock Performance

Shares of FOUR traded up $2.2880 during mid-day trading on Friday, hitting $91.0380. The stock had a trading volume of 1,183,416 shares, compared to its average volume of 2,485,017. The company has a market cap of $8.05 billion, a PE ratio of 33.72, a PEG ratio of 0.90 and a beta of 1.81. The company's fifty day simple moving average is $97.13 and its two-hundred day simple moving average is $92.55. The company has a quick ratio of 2.53, a current ratio of 2.53 and a debt-to-equity ratio of 2.99. Shift4 Payments, Inc. has a fifty-two week low of $68.09 and a fifty-two week high of $127.50.

Shift4 Payments (NYSE:FOUR - Get Free Report) last issued its earnings results on Tuesday, August 5th. The company reported $1.10 EPS for the quarter, missing the consensus estimate of $1.20 by ($0.10). The firm had revenue of $413.40 million during the quarter, compared to analyst estimates of $967.84 million. Shift4 Payments had a return on equity of 37.05% and a net margin of 6.11%.Shift4 Payments's revenue was up 28.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.96 EPS. On average, equities analysts expect that Shift4 Payments, Inc. will post 3.7 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on FOUR shares. Raymond James Financial reiterated a "strong-buy" rating and issued a $140.00 target price (up previously from $130.00) on shares of Shift4 Payments in a research report on Friday, August 1st. Morgan Stanley reduced their price objective on Shift4 Payments from $100.00 to $92.00 and set an "equal weight" rating for the company in a research report on Wednesday, August 6th. BTIG Research restated a "buy" rating on shares of Shift4 Payments in a research report on Tuesday, August 5th. Deutsche Bank Aktiengesellschaft assumed coverage on Shift4 Payments in a research report on Thursday, July 17th. They set a "buy" rating and a $120.00 price objective for the company. Finally, Keefe, Bruyette & Woods reduced their price objective on Shift4 Payments from $110.00 to $100.00 and set a "market perform" rating for the company in a research report on Wednesday, August 6th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $114.40.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. S.A. Mason LLC boosted its stake in shares of Shift4 Payments by 1.9% during the 2nd quarter. S.A. Mason LLC now owns 5,377 shares of the company's stock worth $533,000 after acquiring an additional 102 shares in the last quarter. Prasad Wealth Partners LLC boosted its stake in shares of Shift4 Payments by 1.9% during the 2nd quarter. Prasad Wealth Partners LLC now owns 5,677 shares of the company's stock worth $563,000 after acquiring an additional 105 shares in the last quarter. Shaker Investments LLC OH boosted its stake in shares of Shift4 Payments by 1.9% during the 2nd quarter. Shaker Investments LLC OH now owns 5,556 shares of the company's stock worth $551,000 after acquiring an additional 105 shares in the last quarter. Elequin Capital LP boosted its stake in shares of Shift4 Payments by 62.3% during the 4th quarter. Elequin Capital LP now owns 297 shares of the company's stock worth $31,000 after acquiring an additional 114 shares in the last quarter. Finally, Truist Financial Corp boosted its stake in shares of Shift4 Payments by 2.8% during the 2nd quarter. Truist Financial Corp now owns 4,560 shares of the company's stock worth $452,000 after acquiring an additional 123 shares in the last quarter. Institutional investors and hedge funds own 98.87% of the company's stock.

About Shift4 Payments

Shift4 Payments, Inc (NYSE FOUR) provides integrated payment processing and technology solutions in the United States. Its payments platform provides omni-channel card acceptance and processing solutions, including end-to-end payment processing for various payment types; merchant acquiring; proprietary omni-channel gateway; complementary software integrations; integrated and mobile point-of-sale (POS) solutions; security and risk management solutions; and reporting and analytical tools, as well as tokenization, risk management/underwriting, payment device and chargeback management, fraud prevention, and gift card solutions.