Nancy Disman Sells 10,000 Shares of Shift4 Payments, Inc. (NYSE:FOUR) Stock

Shift4 Payments, Inc. (NYSE:FOUR - Get Free Report) CFO Nancy Disman sold 10,000 shares of the company's stock in a transaction dated Monday, June 16th. The stock was sold at an average price of $90.33, for a total value of $903,300.00. Following the completion of the transaction, the chief financial officer now directly owns 167,622 shares of the company's stock, valued at $15,141,295.26. The trade was a 5.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Shift4 Payments Trading Up 0.6%

Shift4 Payments stock traded up $0.51 during trading on Tuesday, reaching $91.99. 1,378,776 shares of the company were exchanged, compared to its average volume of 1,681,210. Shift4 Payments, Inc. has a 52-week low of $57.45 and a 52-week high of $127.50. The company has a market capitalization of $8.15 billion, a P/E ratio of 31.08, a PEG ratio of 0.65 and a beta of 1.82. The company has a debt-to-equity ratio of 2.12, a current ratio of 1.36 and a quick ratio of 1.36. The stock's 50 day simple moving average is $86.69 and its two-hundred day simple moving average is $96.34.

Shift4 Payments (NYSE:FOUR - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The company reported $1.07 EPS for the quarter, topping analysts' consensus estimates of $0.76 by $0.31. Shift4 Payments had a return on equity of 32.97% and a net margin of 6.50%. The firm had revenue of $368.50 million for the quarter, compared to the consensus estimate of $886.09 million. During the same quarter last year, the business posted $0.54 earnings per share. The firm's revenue was up 39.7% compared to the same quarter last year. On average, equities research analysts expect that Shift4 Payments, Inc. will post 3.7 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Shift4 Payments

A number of institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its position in Shift4 Payments by 9.4% during the fourth quarter. Vanguard Group Inc. now owns 6,539,486 shares of the company's stock worth $678,668,000 after buying an additional 562,774 shares in the last quarter. Durable Capital Partners LP lifted its position in Shift4 Payments by 15.4% during the first quarter. Durable Capital Partners LP now owns 5,919,793 shares of the company's stock worth $483,706,000 after buying an additional 788,952 shares in the last quarter. Darlington Partners Capital Management LP lifted its position in Shift4 Payments by 17.2% during the fourth quarter. Darlington Partners Capital Management LP now owns 2,510,014 shares of the company's stock worth $260,489,000 after buying an additional 367,500 shares in the last quarter. Ameriprise Financial Inc. raised its position in Shift4 Payments by 13.0% in the first quarter. Ameriprise Financial Inc. now owns 1,253,401 shares of the company's stock valued at $102,420,000 after purchasing an additional 144,111 shares during the period. Finally, CIBC Private Wealth Group LLC raised its position in Shift4 Payments by 41.3% in the fourth quarter. CIBC Private Wealth Group LLC now owns 1,198,845 shares of the company's stock valued at $127,689,000 after purchasing an additional 350,703 shares during the period. Hedge funds and other institutional investors own 98.87% of the company's stock.

Analyst Upgrades and Downgrades

FOUR has been the subject of a number of analyst reports. UBS Group reduced their price target on Shift4 Payments from $138.00 to $125.00 and set a "buy" rating for the company in a report on Wednesday, April 30th. Benchmark raised Shift4 Payments from a "hold" rating to a "strong-buy" rating in a report on Wednesday, April 30th. BTIG Research reduced their price target on Shift4 Payments from $135.00 to $110.00 and set a "buy" rating for the company in a report on Thursday, April 10th. DA Davidson reaffirmed a "buy" rating and issued a $124.00 price target on shares of Shift4 Payments in a report on Thursday, June 5th. Finally, William Blair reissued an "outperform" rating on shares of Shift4 Payments in a report on Wednesday, April 30th. Seven equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $115.35.

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.

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