Emerald Advisers LLC Trims Stock Position in Shift4 Payments, Inc. $FOUR

Emerald Advisers LLC lessened its stake in Shift4 Payments, Inc. (NYSE:FOUR) by 91.4% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 24,044 shares of the company’s stock after selling 256,262 shares during the quarter. Emerald Advisers LLC’s holdings in Shift4 Payments were worth $1,051,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FOUR. Advisors Asset Management Inc. raised its position in 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. Empowered Funds LLC purchased a new stake in Shift4 Payments in the 4th quarter worth approximately $43,000. Vestcor Inc purchased a new stake in Shift4 Payments in the 3rd quarter worth approximately $45,000. Summer Road LLC acquired a new stake in shares of Shift4 Payments during the 4th quarter worth approximately $47,000. Finally, Johnson Financial Group Inc. grew its stake in shares of Shift4 Payments by 282.2% during the 3rd quarter. Johnson Financial Group Inc. now owns 646 shares of the company’s stock worth $50,000 after purchasing an additional 477 shares during the period. 98.87% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, major shareholder Jared Isaacman acquired 195,500 shares of the firm’s stock in a transaction on Monday, May 11th. The shares were bought at an average price of $41.41 per share, for a total transaction of $8,095,655.00. Following the acquisition, the insider owned 1,594,455 shares of the company’s stock, valued at approximately $66,026,381.55. This trade represents a 13.97% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 1.54% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. DA Davidson decreased their target price on shares of Shift4 Payments from $82.00 to $74.00 and set a “buy” rating for the company in a research note on Tuesday, May 12th. Raymond James Financial cut shares of Shift4 Payments from a “strong-buy” rating to an “outperform” rating and set a $67.00 price objective for the company. in a report on Thursday, March 26th. Keefe, Bruyette & Woods upped their price objective on shares of Shift4 Payments from $50.00 to $52.00 and gave the stock a “market perform” rating in a research report on Friday, May 8th. Stephens downgraded shares of Shift4 Payments from an “overweight” rating to an “equal weight” rating and set a $50.00 price objective for the company. in a research report on Friday, April 17th. Finally, The Goldman Sachs Group increased their target price on shares of Shift4 Payments from $49.00 to $55.00 and gave the stock a “neutral” rating in a research note on Thursday, July 9th. Ten investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $68.24.

Shift4 Payments Price Performance

NYSE:FOUR opened at $50.02 on Wednesday. The stock has a 50 day moving average of $43.56 and a two-hundred day moving average of $49.93. Shift4 Payments, Inc. has a 12 month low of $34.56 and a 12 month high of $108.50. The firm has a market cap of $3.97 billion, a P/E ratio of 59.55, a price-to-earnings-growth ratio of 0.53 and a beta of 1.41. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 2.55.

Shift4 Payments (NYSE:FOUR) last released its earnings results on Thursday, May 7th. The company reported $0.97 earnings per share for the quarter, missing the consensus estimate of $0.99 by ($0.02). The firm had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.09 billion. Shift4 Payments had a net margin of 2.63% and a return on equity of 33.55%. The business’s revenue was up 49.0% compared to the same quarter last year. During the same quarter last year, the business earned $1.07 EPS. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. On average, analysts expect that Shift4 Payments, Inc. will post 4.77 earnings per share for the current fiscal year.

About Shift4 Payments

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.