Shift4 Payments, Inc. (NYSE:FOUR) CEO Jared Isaacman Buys 39,135 Shares

Shift4 Payments, Inc. (NYSE:FOURGet Free Report) CEO Jared Isaacman purchased 39,135 shares of the business’s stock in a transaction on Thursday, May 23rd. The shares were purchased at an average price of $64.04 per share, with a total value of $2,506,205.40. Following the completion of the purchase, the chief executive officer now owns 621,962 shares in the company, valued at $39,830,446.48. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Jared Isaacman also recently made the following trade(s):

  • On Tuesday, May 14th, Jared Isaacman bought 85,916 shares of Shift4 Payments stock. The stock was bought at an average cost of $67.09 per share, for a total transaction of $5,764,104.44.

Shift4 Payments Stock Down 3.8 %

FOUR stock traded down $2.51 during trading on Thursday, hitting $64.09. 1,459,830 shares of the company’s stock traded hands, compared to its average volume of 1,461,653. The firm has a market capitalization of $5.61 billion, a P/E ratio of 43.01, a PEG ratio of 0.91 and a beta of 1.59. Shift4 Payments, Inc. has a 1 year low of $42.91 and a 1 year high of $92.30. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 1.96. The business has a fifty day simple moving average of $65.35 and a two-hundred day simple moving average of $69.56.

Shift4 Payments (NYSE:FOURGet Free Report) last issued its quarterly earnings data on Tuesday, February 27th. The company reported $0.62 earnings per share for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.05). The company had revenue of $269.30 million for the quarter, compared to analysts’ expectations of $278.85 million. Shift4 Payments had a return on equity of 25.21% and a net margin of 3.38%. Sell-side analysts anticipate that Shift4 Payments, Inc. will post 2.86 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on FOUR shares. Redburn Atlantic upgraded Shift4 Payments from a “sell” rating to a “neutral” rating and set a $53.00 price objective for the company in a research note on Friday, April 19th. The Goldman Sachs Group dropped their target price on shares of Shift4 Payments from $91.00 to $80.00 and set a “buy” rating for the company in a report on Monday, April 15th. Wells Fargo & Company dropped their price objective on Shift4 Payments from $100.00 to $75.00 and set an “overweight” rating for the company in a research note on Friday, May 10th. Evercore ISI decreased their target price on Shift4 Payments from $110.00 to $105.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 28th. Finally, UBS Group upped their price target on Shift4 Payments from $75.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday, February 28th. Two investment analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company. According to MarketBeat, Shift4 Payments presently has an average rating of “Moderate Buy” and a consensus price target of $83.75.

Check Out Our Latest Stock Report on Shift4 Payments

Institutional Trading of Shift4 Payments

Large investors have recently bought and sold shares of the stock. C M Bidwell & Associates Ltd. acquired a new stake in Shift4 Payments during the 3rd quarter worth about $35,000. J.Safra Asset Management Corp boosted its position in Shift4 Payments by 79.0% in the first quarter. J.Safra Asset Management Corp now owns 786 shares of the company’s stock valued at $52,000 after buying an additional 347 shares during the last quarter. Harvest Fund Management Co. Ltd acquired a new position in Shift4 Payments in the 4th quarter worth approximately $90,000. Nemes Rush Group LLC purchased a new position in shares of Shift4 Payments during the third quarter worth $79,000. Finally, Covestor Ltd boosted its holdings in Shift4 Payments by 49,166.7% in the third quarter. Covestor Ltd now owns 1,478 shares of the company’s stock valued at $82,000 after purchasing an additional 1,475 shares during the last quarter. Hedge funds and other institutional investors own 98.87% of the company’s stock.

Shift4 Payments Company Profile

(Get Free Report)

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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Insider Buying and Selling by Quarter for Shift4 Payments (NYSE:FOUR)

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