Shift4 Payments, Inc. (NYSE:FOUR) CFO Sells $903,300.00 in Stock

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

Shift4 Payments Stock Performance

Shares of Shift4 Payments stock traded up $0.47 on Friday, reaching $92.29. 1,278,471 shares of the company traded hands, compared to its average volume of 1,681,784. The company has a 50 day moving average of $87.42 and a 200 day moving average of $96.02. The company has a debt-to-equity ratio of 2.12, a current ratio of 1.36 and a quick ratio of 1.36. Shift4 Payments, Inc. has a 52 week low of $57.45 and a 52 week high of $127.50. The firm has a market capitalization of $8.18 billion, a PE ratio of 31.18, a PEG ratio of 0.65 and a beta of 1.82.

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in Shift4 Payments by 9.4% during the fourth quarter. Vanguard Group Inc. now owns 6,539,486 shares of the company's stock valued at $678,668,000 after purchasing an additional 562,774 shares during the last quarter. Durable Capital Partners LP lifted its stake in shares of Shift4 Payments by 15.4% during the 1st quarter. Durable Capital Partners LP now owns 5,919,793 shares of the company's stock valued at $483,706,000 after buying an additional 788,952 shares in the last quarter. Darlington Partners Capital Management LP raised its holdings in Shift4 Payments by 17.2% during the 4th quarter. Darlington Partners Capital Management LP now owns 2,510,014 shares of the company's stock valued at $260,489,000 after acquiring an additional 367,500 shares during the period. Ameriprise Financial Inc. lifted its position in shares of Shift4 Payments by 13.0% during the first quarter. Ameriprise Financial Inc. now owns 1,253,401 shares of the company's stock worth $102,420,000 after acquiring an additional 144,111 shares in the last quarter. Finally, CIBC Private Wealth Group LLC lifted its position in shares of Shift4 Payments by 41.3% during the fourth quarter. CIBC Private Wealth Group LLC now owns 1,198,845 shares of the company's stock worth $127,689,000 after acquiring an additional 350,703 shares in the last quarter. Institutional investors own 98.87% of the company's stock.

Analyst Ratings Changes

FOUR has been the subject of a number of analyst reports. BTIG Research cut their price target on Shift4 Payments from $135.00 to $110.00 and set a "buy" rating for the company in a research note on Thursday, April 10th. Keefe, Bruyette & Woods cut their target price on Shift4 Payments from $125.00 to $95.00 and set a "market perform" rating on the stock in a research report on Monday, March 31st. B. Riley reiterated a "buy" rating on shares of Shift4 Payments in a report on Monday, June 2nd. Wells Fargo & Company raised their price objective on Shift4 Payments from $100.00 to $111.00 and gave the company an "overweight" rating in a research note on Wednesday, April 30th. Finally, Raymond James Financial cut their price objective on shares of Shift4 Payments from $140.00 to $130.00 and set a "strong-buy" rating on the stock in a report on Friday, April 4th. Seven investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target 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.