Atria Investments Inc Acquires Shares of 4,340 Shift4 Payments, Inc. (NYSE:FOUR)

Atria Investments Inc purchased a new stake in Shift4 Payments, Inc. (NYSE:FOUR) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 4,340 shares of the company’s stock, valued at approximately $385,000.

Other institutional investors have also recently made changes to their positions in the company. Waldron Private Wealth LLC purchased a new stake in Shift4 Payments in the 3rd quarter worth about $25,000. Toth Financial Advisory Corp acquired a new stake in Shift4 Payments in the third quarter valued at approximately $32,000. Financial Management Professionals Inc. acquired a new stake in Shift4 Payments in the third quarter valued at approximately $56,000. Quarry LP acquired a new stake in shares of Shift4 Payments during the second quarter worth $60,000. Finally, J.Safra Asset Management Corp raised its holdings in shares of Shift4 Payments by 25.7% during the second quarter. J.Safra Asset Management Corp now owns 988 shares of the company’s stock worth $72,000 after purchasing an additional 202 shares during the last quarter. Institutional investors own 98.87% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on FOUR shares. BTIG Research lifted their price objective on shares of Shift4 Payments from $90.00 to $105.00 and gave the company a “buy” rating in a report on Thursday, October 10th. Benchmark reiterated a “buy” rating and issued a $99.00 target price on shares of Shift4 Payments in a report on Thursday, September 5th. Stephens boosted their price target on shares of Shift4 Payments from $90.00 to $110.00 and gave the company an “overweight” rating in a research note on Friday, October 18th. William Blair initiated coverage on shares of Shift4 Payments in a research note on Wednesday, September 4th. They set an “outperform” rating on the stock. Finally, Susquehanna upped their target price on shares of Shift4 Payments from $105.00 to $120.00 and gave the company a “positive” rating in a report on Wednesday, November 13th. Three equities research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $100.15.

Shift4 Payments Price Performance

FOUR opened at $108.75 on Friday. The stock has a market capitalization of $9.64 billion, a PE ratio of 59.10, a P/E/G ratio of 1.23 and a beta of 1.64. The company has a debt-to-equity ratio of 2.71, a quick ratio of 2.97 and a current ratio of 2.98. Shift4 Payments, Inc. has a 1 year low of $55.87 and a 1 year high of $109.76. The company’s 50 day simple moving average is $92.81 and its 200 day simple moving average is $78.87.

Insider Buying and Selling at Shift4 Payments

In related news, CFO Nancy Disman sold 20,000 shares of the business’s stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $81.30, for a total transaction of $1,626,000.00. Following the completion of the sale, the chief financial officer now owns 182,959 shares of the company’s stock, valued at $14,874,566.70. This represents a 9.85 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Jordan Frankel sold 12,500 shares of the company’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $82.57, for a total transaction of $1,032,125.00. Following the transaction, the insider now owns 228,021 shares of the company’s stock, valued at $18,827,693.97. This represents a 5.20 % decrease in their position. The disclosure for this sale can be found here. 30.57% of the stock is currently owned by corporate insiders.

Shift4 Payments 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.