Shift4 Payments, Inc. $FOUR Shares Sold by Goodnow Investment Group LLC

Goodnow Investment Group LLC decreased its position in shares of Shift4 Payments, Inc. (NYSE:FOUR) by 1.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 851,200 shares of the company’s stock after selling 16,892 shares during the quarter. Shift4 Payments accounts for about 5.0% of Goodnow Investment Group LLC’s holdings, making the stock its 8th biggest position. Goodnow Investment Group LLC owned about 0.96% of Shift4 Payments worth $53,600,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of FOUR. Rice Hall James & Associates LLC raised its holdings in Shift4 Payments by 13.6% during the fourth quarter. Rice Hall James & Associates LLC now owns 663,788 shares of the company’s stock worth $41,799,000 after purchasing an additional 79,557 shares during the last quarter. Alberta Investment Management Corp purchased a new position in shares of Shift4 Payments in the fourth quarter valued at $1,285,000. Occam Crest Management LP increased its position in shares of Shift4 Payments by 31.9% in the fourth quarter. Occam Crest Management LP now owns 95,000 shares of the company’s stock valued at $5,982,000 after buying an additional 23,000 shares in the last quarter. University of Illinois Foundation raised its stake in shares of Shift4 Payments by 57.8% during the 4th quarter. University of Illinois Foundation now owns 182,848 shares of the company’s stock worth $11,514,000 after buying an additional 67,000 shares during the last quarter. Finally, Mariner LLC raised its stake in shares of Shift4 Payments by 5.8% during the 4th quarter. Mariner LLC now owns 20,444 shares of the company’s stock worth $1,287,000 after buying an additional 1,124 shares during the last quarter. 98.87% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have weighed in on FOUR shares. Freedom Capital downgraded shares of Shift4 Payments from a “strong-buy” rating to a “hold” rating in a report on Friday, February 27th. Truist Financial reduced their price target on shares of Shift4 Payments from $50.00 to $46.00 and set a “hold” rating on the stock in a report on Wednesday, May 27th. BTIG Research reissued a “buy” rating and set a $70.00 price objective on shares of Shift4 Payments in a research note on Thursday, May 7th. Weiss Ratings restated a “sell (d+)” rating on shares of Shift4 Payments in a research report on Thursday. Finally, Wolfe Research lowered Shift4 Payments from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, April 15th. Ten equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $70.19.

Insider Activity at Shift4 Payments

In other Shift4 Payments news, major shareholder Jared Isaacman bought 193,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The stock was purchased at an average cost of $40.66 per share, for a total transaction of $7,847,380.00. Following the completion of the purchase, the insider owned 1,787,455 shares of the company’s stock, valued at $72,677,920.30. This trade represents a 12.10% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 1.54% of the stock is currently owned by corporate insiders.

Shift4 Payments Stock Performance

NYSE:FOUR opened at $39.94 on Tuesday. The company has a debt-to-equity ratio of 2.55, a current ratio of 1.22 and a quick ratio of 1.22. The firm has a market cap of $3.17 billion, a PE ratio of 47.55, a P/E/G ratio of 0.45 and a beta of 1.43. The firm has a 50 day simple moving average of $43.24 and a 200-day simple moving average of $53.14. Shift4 Payments, Inc. has a 1-year low of $34.56 and a 1-year high of $108.50.

Shift4 Payments (NYSE:FOUR) last announced its earnings results on Thursday, May 7th. The company reported $0.97 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.02). The firm had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.09 billion. Shift4 Payments had a return on equity of 33.55% and a net margin of 2.63%.The firm’s revenue was up 49.0% compared to the same quarter last year. During the same quarter last year, the business posted $1.07 EPS. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. On average, equities analysts expect that Shift4 Payments, Inc. will post 4.75 EPS for the current 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.