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

Shift4 Payments, Inc. (NYSE:FOUR) CFO Nancy Disman sold 10,000 shares of the stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $65.07, for a total value of $650,700.00. Following the completion of the sale, the chief financial officer now owns 273,170 shares of the company’s stock, valued at $17,775,171.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Nancy Disman also recently made the following trade(s):

• On Monday, November 13th, Nancy Disman sold 5,000 shares of Shift4 Payments stock. The stock was sold at an average price of $58.31, for a total value of $291,550.00.

Shift4 Payments Stock Performance

Shares of FOUR traded down $0.05 during mid-day trading on Monday, reaching $64.59. The company’s stock had a trading volume of 1,043,179 shares, compared to its average volume of 1,309,597. Shift4 Payments, Inc. has a 1-year low of $41.25 and a 1-year high of $76.40. The stock has a market cap of $5.32 billion, a P/E ratio of 38.68, a PEG ratio of 0.58 and a beta of 1.32. The business has a 50-day simple moving average of $53.52 and a two-hundred day simple moving average of $59.75. The company has a current ratio of 3.32, a quick ratio of 3.31 and a debt-to-equity ratio of 3.23.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Mizuho decreased their price objective on Shift4 Payments from $80.00 to $75.00 and set a “buy” rating for the company in a report on Monday. The Goldman Sachs Group decreased their price objective on Shift4 Payments from $87.00 to $75.00 and set a “buy” rating for the company in a report on Thursday, October 12th. Wells Fargo & Company increased their price objective on Shift4 Payments from $55.00 to $60.00 and gave the stock an “overweight” rating in a report on Thursday, November 9th. Raymond James increased their price objective on Shift4 Payments from $74.00 to $75.00 and gave the stock an “outperform” rating in a report on Thursday, November 9th. Finally, Truist Financial decreased their price objective on Shift4 Payments from $87.00 to $75.00 and set a “buy” rating for the company in a report on Tuesday, October 17th. One investment analyst has rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. Based on data from MarketBeat, Shift4 Payments presently has a consensus rating of “Moderate Buy” and an average target price of $77.58.

Institutional Trading of Shift4 Payments

Hedge funds have recently made changes to their positions in the business. United Capital Financial Advisers LLC lifted its holdings in Shift4 Payments by 3.1% during the 4th quarter. United Capital Financial Advisers LLC now owns 5,966 shares of the company’s stock worth $334,000 after purchasing an additional 177 shares during the last quarter. Orion Portfolio Solutions LLC lifted its holdings in Shift4 Payments by 6.3% during the 2nd quarter. Orion Portfolio Solutions LLC now owns 3,670 shares of the company’s stock worth $249,000 after purchasing an additional 218 shares during the last quarter. Principal Financial Group Inc. lifted its holdings in Shift4 Payments by 3.6% during the 3rd quarter. Principal Financial Group Inc. now owns 6,726 shares of the company’s stock worth $372,000 after purchasing an additional 233 shares during the last quarter. Creative Planning lifted its holdings in Shift4 Payments by 4.2% during the 2nd quarter. Creative Planning now owns 6,304 shares of the company’s stock worth $208,000 after purchasing an additional 256 shares during the last quarter. Finally, American International Group Inc. lifted its holdings in Shift4 Payments by 34.5% during the 2nd quarter. American International Group Inc. now owns 1,010 shares of the company’s stock worth $69,000 after purchasing an additional 259 shares during the last quarter. 70.82% of the stock is owned by institutional investors and hedge funds.

Shift4 Payments Company Profile

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.