CastleKnight Management LP Takes Position in Shift4 Payments, Inc. $FOUR

CastleKnight Management LP purchased a new stake in Shift4 Payments, Inc. (NYSE:FOUR) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 61,484 shares of the company’s stock, valued at approximately $3,872,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Advisors Asset Management Inc. boosted its holdings in shares of Shift4 Payments by 100.0% in the first quarter. Advisors Asset Management Inc. now owns 434 shares of the company’s stock valued at $35,000 after buying an additional 217 shares during the period. Empowered Funds LLC acquired a new position in shares of Shift4 Payments in the fourth quarter valued at approximately $43,000. Vestcor Inc acquired a new position in shares of Shift4 Payments in the third quarter valued at approximately $45,000. Summer Road LLC acquired a new position in shares of Shift4 Payments in the fourth quarter valued at approximately $47,000. Finally, Johnson Financial Group Inc. boosted its holdings in shares of Shift4 Payments by 282.2% in the third quarter. Johnson Financial Group Inc. now owns 646 shares of the company’s stock valued at $50,000 after buying an additional 477 shares during the period. Institutional investors and hedge funds own 98.87% of the company’s stock.

Analysts Set New Price Targets

FOUR has been the subject of several recent research reports. Royal Bank Of Canada reduced their target price on shares of Shift4 Payments from $73.00 to $65.00 and set an “outperform” rating for the company in a report on Friday, May 8th. Wells Fargo & Company reduced their target price on shares of Shift4 Payments from $77.00 to $55.00 and set an “equal weight” rating for the company in a report on Friday, February 27th. Stephens cut shares of Shift4 Payments from an “overweight” rating to an “equal weight” rating and set a $50.00 target price for the company. in a report on Friday, April 17th. Seaport Research Partners cut shares of Shift4 Payments from a “buy” rating to a “neutral” rating in a report on Thursday, April 16th. Finally, Wolfe Research cut shares of Shift4 Payments from an “outperform” rating to a “peer perform” rating in a report on Wednesday, April 15th. Ten equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Shift4 Payments currently has a consensus rating of “Hold” and an average price target of $70.19.

Shift4 Payments Stock Performance

Shares of FOUR opened at $39.02 on Thursday. Shift4 Payments, Inc. has a 12 month low of $34.56 and a 12 month high of $108.50. The firm has a fifty day simple moving average of $43.15 and a 200 day simple moving average of $52.71. The stock has a market capitalization of $3.10 billion, a price-to-earnings ratio of 46.45, a PEG ratio of 0.45 and a beta of 1.43. 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 announced its quarterly earnings results on Thursday, May 7th. The company reported $0.97 EPS for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.02). The firm had revenue of $1.12 billion during the quarter, compared to analyst estimates 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 in the prior year, the business earned $1.07 EPS. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. Research analysts forecast that Shift4 Payments, Inc. will post 4.75 EPS for the current fiscal year.

Insider Buying and Selling

In other news, major shareholder Jared Isaacman purchased 193,000 shares of the business’s stock in a transaction on Tuesday, May 12th. The stock was purchased at an average price of $40.66 per share, for a total transaction of $7,847,380.00. Following the completion of the purchase, the insider directly owned 1,787,455 shares in the company, valued at $72,677,920.30. The trade was a 12.10% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.54% of the stock is currently owned by corporate insiders.

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.