Jordan Frankel Sells 5,000 Shares of Shift4 Payments, Inc. (NYSE:FOUR) Stock

Shift4 Payments, Inc. (NYSE:FOUR) insider Jordan Frankel sold 5,000 shares of the business’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $99.01, for a total value of $495,050.00. Following the completion of the transaction, the insider now directly owns 222,112 shares of the company’s stock, valued at approximately $21,991,309.12. This trade represents a 2.20 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Jordan Frankel also recently made the following trade(s):

• On Monday, September 16th, Jordan Frankel sold 12,500 shares of Shift4 Payments stock. The stock was sold at an average price of $82.57, for a total value of $1,032,125.00.

Shift4 Payments Trading Up 3.3 %

FOUR stock traded up $3.28 during mid-day trading on Wednesday, hitting $101.80. 3,194,312 shares of the company were exchanged, compared to its average volume of 1,481,274. Shift4 Payments, Inc. has a 12-month low of $55.87 and a 12-month high of $116.84. The firm has a market capitalization of $9.17 billion, a P/E ratio of 53.53, a PEG ratio of 1.33 and a beta of 1.70. The business has a fifty day simple moving average of $98.69 and a 200-day simple moving average of $83.02. The company has a quick ratio of 2.97, a current ratio of 2.98 and a debt-to-equity ratio of 2.71.

Wall Street Analyst Weigh In

FOUR has been the subject of several analyst reports. The Goldman Sachs Group boosted their target price on shares of Shift4 Payments from $106.00 to $119.00 and gave the company a “buy” rating in a research note on Thursday, November 14th. Wells Fargo & Company increased their price objective on shares of Shift4 Payments from $100.00 to $110.00 and gave the company an “overweight” rating in a report on Wednesday, November 13th. B. Riley boosted their target price on shares of Shift4 Payments from $110.00 to $150.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Keefe, Bruyette & Woods lowered shares of Shift4 Payments from an “outperform” rating to a “market perform” rating and set a $112.00 price target on the stock. in a research note on Monday. Finally, Susquehanna boosted their price objective on Shift4 Payments from $105.00 to $120.00 and gave the stock a “positive” rating in a research note on Wednesday, November 13th. Six investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Shift4 Payments currently has an average rating of “Moderate Buy” and a consensus target price of $103.10.

Institutional Trading of Shift4 Payments

Several institutional investors have recently added to or reduced their stakes in FOUR. Waldron Private Wealth LLC acquired a new position in Shift4 Payments in the 3rd quarter valued at about $25,000. Transcendent Capital Group LLC acquired a new position in shares of Shift4 Payments in the third quarter valued at approximately $27,000. Toth Financial Advisory Corp purchased a new stake in Shift4 Payments during the 3rd quarter worth approximately $32,000. Financial Management Professionals Inc. acquired a new stake in Shift4 Payments during the 3rd quarter worth approximately $56,000. Finally, Quarry LP purchased a new position in Shift4 Payments in the 2nd quarter valued at approximately $60,000. 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.