Exchange Traded Concepts LLC Purchases 14,678 Shares of Shift4 Payments, Inc. $FOUR

Exchange Traded Concepts LLC grew its position in Shift4 Payments, Inc. (NYSE:FOUR) by 65.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 37,136 shares of the company’s stock after buying an additional 14,678 shares during the period. Exchange Traded Concepts LLC’s holdings in Shift4 Payments were worth $2,338,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in FOUR. Advisors Asset Management Inc. increased its position in shares of Shift4 Payments by 100.0% during the first quarter. Advisors Asset Management Inc. now owns 434 shares of the company’s stock valued at $35,000 after acquiring an additional 217 shares in the last quarter. Creative Planning lifted its position in Shift4 Payments by 20.6% in the 2nd quarter. Creative Planning now owns 4,681 shares of the company’s stock valued at $464,000 after acquiring an additional 799 shares in the last quarter. Cetera Investment Advisers lifted its position in Shift4 Payments by 18.8% in the 2nd quarter. Cetera Investment Advisers now owns 5,443 shares of the company’s stock valued at $539,000 after acquiring an additional 860 shares in the last quarter. Prudential Financial Inc. boosted its stake in Shift4 Payments by 29.6% during the 2nd quarter. Prudential Financial Inc. now owns 5,410 shares of the company’s stock valued at $529,000 after purchasing an additional 1,235 shares during the last quarter. Finally, Choreo LLC purchased a new stake in Shift4 Payments during the 2nd quarter valued at $225,000. Institutional investors own 98.87% of the company’s stock.

Insider Buying and Selling at Shift4 Payments

In other Shift4 Payments news, major shareholder Jared Isaacman acquired 159,244 shares of the company’s stock in a transaction that occurred on Friday, February 27th. The shares were bought at an average price of $44.15 per share, with a total value of $7,030,622.60. Following the completion of the acquisition, the insider owned 1,321,207 shares in the company, valued at $58,331,289.05. This represents a 13.70% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In the last quarter, insiders have purchased 385,757 shares of company stock valued at $17,666,153. 25.15% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research firms have recently weighed in on FOUR. Benchmark decreased their price target on Shift4 Payments from $100.00 to $67.00 and set a “buy” rating for the company in a research note on Monday, March 2nd. BTIG Research dropped their price objective on Shift4 Payments from $80.00 to $70.00 and set a “buy” rating on the stock in a research report on Thursday, March 5th. Mizuho reduced their price objective on Shift4 Payments from $102.00 to $90.00 and set an “outperform” rating for the company in a report on Monday, December 22nd. Raymond James Financial lowered Shift4 Payments from a “strong-buy” rating to an “outperform” rating and set a $67.00 target price for the company. in a research report on Thursday, March 26th. Finally, Weiss Ratings cut shares of Shift4 Payments from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, March 16th. Thirteen investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $79.89.

Shift4 Payments Stock Up 0.2%

Shift4 Payments stock opened at $43.69 on Wednesday. Shift4 Payments, Inc. has a one year low of $40.60 and a one year high of $108.50. The stock has a fifty day moving average of $52.80 and a 200 day moving average of $64.82. The company has a debt-to-equity ratio of 4.66, a quick ratio of 1.66 and a current ratio of 1.66. The stock has a market cap of $3.55 billion, a PE ratio of 41.61, a price-to-earnings-growth ratio of 0.45 and a beta of 1.65.

Shift4 Payments (NYSE:FOUR) last announced its earnings results on Thursday, February 26th. The company reported $1.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.56 by $0.04. The business had revenue of $610.00 million for the quarter, compared to analysts’ expectations of $1.20 billion. Shift4 Payments had a return on equity of 39.27% and a net margin of 2.84%.The business’s revenue for the quarter was up 50.6% on a year-over-year basis. During the same period last year, the firm posted $1.35 earnings per share. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. As a group, sell-side analysts predict that Shift4 Payments, Inc. will post 3.7 EPS for the current year.

Shift4 Payments Profile

Shift4 Payments is a U.S.-based provider of integrated payment processing and technology solutions, serving merchants across the hospitality, retail, e-commerce, gaming and lodging industries. The company’s platform enables businesses to accept in-store, online and mobile payments through a combination of point-of-sale hardware, payment gateway services and back-office software. By centralizing transaction processing and reporting, Shift4 aims to simplify payments, enhance security and streamline operations for its merchant customers.

The company’s core offerings include encrypted point-of-sale terminals, cloud-based payment gateways, and developer-friendly APIs for online and mobile checkouts.