Shift4 Payments, Inc. $FOUR Shares Sold by Groupama Asset Managment

Groupama Asset Management reduced its stake in Shift4 Payments by 62.5% in Q2, selling 500,000 shares. The stock opened at $74.00, with a 52-week range of $61.23 to $127.50. Analysts forecast a 3.7 EPS for the fiscal year. Insider trades include CEO David Taylor Lauber selling shares, impacting stock ownership. Susquehanna adjusted its price target from $125 to $115.

Groupama Asset Managment lessened its position in Shift4 Payments, Inc. (NYSE:FOUR - Free Report) by 62.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 300,000 shares of the company's stock after selling 500,000 shares during the quarter. Groupama Asset Managment owned approximately 0.34% of Shift4 Payments worth $322,000 at the end of the most recent reporting period.

Insiders Trade Millions in NVIDIA-Linked Navitas, Hims, & Shift4

A number of other hedge funds and other institutional investors also recently bought and sold shares of FOUR. Durable Capital Partners LP increased its stake in Shift4 Payments by 15.4% during the first quarter. Durable Capital Partners LP now owns 5,919,793 shares of the company's stock worth $483,706,000 after purchasing an additional 788,952 shares during the period. Jennison Associates LLC grew its holdings in shares of Shift4 Payments by 2.6% in the second quarter. Jennison Associates LLC now owns 1,636,924 shares of the company's stock valued at $162,236,000 after purchasing an additional 41,548 shares in the last quarter. Geode Capital Management LLC increased its stake in Shift4 Payments by 2.9% during the 2nd quarter. Geode Capital Management LLC now owns 1,267,421 shares of the company's stock worth $125,635,000 after buying an additional 35,635 shares during the period. Ameriprise Financial Inc. lifted its holdings in Shift4 Payments by 13.0% during the 1st quarter. Ameriprise Financial Inc. now owns 1,253,401 shares of the company's stock worth $102,420,000 after buying an additional 144,111 shares in the last quarter. Finally, Ensign Peak Advisors Inc boosted its position in Shift4 Payments by 17.1% in the 2nd quarter. Ensign Peak Advisors Inc now owns 1,090,577 shares of the company's stock valued at $108,087,000 after buying an additional 159,301 shares during the period. 98.87% of the stock is currently owned by hedge funds and other institutional investors.

Get Shift4 Payments alerts:

Shift4 Payments Price Performance

Shares of NYSE FOUR opened at $74.00 on Friday. The stock's 50-day simple moving average is $73.76 and its 200-day simple moving average is $86.88. The firm has a market capitalization of $6.56 billion, a PE ratio of 34.74, a price-to-earnings-growth ratio of 0.74 and a beta of 1.71. Shift4 Payments, Inc. has a fifty-two week low of $61.23 and a fifty-two week high of $127.50. The company has a debt-to-equity ratio of 3.27, a quick ratio of 1.38 and a current ratio of 1.38.

Trump Index: 6 Companies Linked to Trump’s Cabinet Worth Watching

Shift4 Payments (NYSE:FOUR - Get Free Report) last announced its quarterly earnings results on Thursday, November 6th. The company reported $1.47 EPS for the quarter, missing the consensus estimate of $1.50 by ($0.03). Shift4 Payments had a net margin of 5.02% and a return on equity of 40.19%. The company had revenue of $1.18 billion during the quarter, compared to analysts' expectations of $1.19 billion. During the same quarter in the prior year, the company earned $1.04 earnings per share. The business's revenue for the quarter was up 61.4% on a year-over-year basis. Shift4 Payments has set its FY 2025 guidance at EPS. As a group, equities research analysts forecast that Shift4 Payments, Inc. will post 3.7 EPS for the current fiscal year.

Insiders Place Their Bets

In other Shift4 Payments news, CEO David Taylor Lauber sold 2,500 shares of the company's stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $88.59, for a total value of $221,475.00. Following the completion of the transaction, the chief executive officer owned 285,588 shares in the company, valued at $25,300,240.92. This represents a 0.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider James J. Whalen sold 1,438 shares of the firm's stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $71.50, for a total value of $102,817.00. Following the transaction, the insider directly owned 54,736 shares in the company, valued at approximately $3,913,624. The trade was a 2.56% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 25.15% of the company's stock.

Wall Street Analysts Forecast Growth

Top 3 Michael Burry Stock Picks to Watch in 2024

Several analysts have recently issued reports on FOUR shares. Susquehanna reduced their price objective on Shift4 Payments from $125.00 to $115.00 and set a "positive" rating on the stock in a research note on Friday, November 7th. Weiss Ratings restated a "hold (c)" rating on shares of Shift4 Payments in a report on Tuesday. BTIG Research reiterated a "buy" rating on shares of Shift4 Payments in a research note on Tuesday, August 5th. DA Davidson lowered their price objective on Shift4 Payments from $114.00 to $104.00 and set a "buy" rating for the company in a research report on Wednesday, November 12th. Finally, Keefe, Bruyette & Woods reduced their target price on shares of Shift4 Payments from $90.00 to $75.00 and set a "market perform" rating on the stock in a report on Monday, November 10th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, Shift4 Payments has an average rating of "Moderate Buy" and an average price target of $98.20.

View Our Latest Research Report on FOUR

Shift4 Payments Company Profile

(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.

Should You Invest $1,000 in Shift4 Payments Right Now?

Before you consider Shift4 Payments, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Shift4 Payments wasn't on the list.

While Shift4 Payments currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here