Shift4 Payments Inc’s recent filing unveils that its Chairman & CEO Isaacman Jared acquired Company’s shares for reported $2.51 million on May 23 ’24. In the deal valued at $64.04 per share,39,135 shares were bought. As a result of this transaction, Isaacman Jared now holds 621,962 shares worth roughly $43.63 million.
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Then, Disman Nancy sold 10,000 shares, generating $723,391 in total proceeds. Upon selling the shares at $72.34, the Chief Financial Officer now owns 274,954 shares.
Before that, Isaacman Jared bought 85,916 shares. Shift4 Payments Inc shares valued at $5,764,465 were divested by the Chairman & CEO at a price of $67.09 per share. As a result of the transaction, Isaacman Jared now holds 582,827 shares, worth roughly $40.89 million.
Wedbush initiated its Shift4 Payments Inc [FOUR] rating to a Neutral in a research note published on May 24, 2024; the price target was $75. A number of analysts have revised their coverage, including Redburn Atlantic’s analysts, who increased its forecast for the stock in mid April from “a Sell” to “a Neutral”. The Benchmark Company began covering FOUR with “Buy” recommendation on February 13, 2024. Keefe Bruyette started covering the stock on January 16, 2024. It rated FOUR as “an Outperform”.
Price Performance Review of FOUR
On Monday, Shift4 Payments Inc [NYSE:FOUR] saw its stock jump 4.27% to $70.15. Over the last five days, the stock has gained 2.72%. Shift4 Payments Inc shares have fallen nearly -5.64% since the year began. Nevertheless, the stocks have risen 9.58% over the past one year. While a 52-week high of $92.30 was reached on 02/29/24, a 52-week low of $42.91 was recorded on 04/25/24. SMA at 50 days reached $64.54, while 200 days put it at $64.86. A total of 1.44 million shares were traded, compared to the trading of 0.73 million shares in the previous session.
Levels Of Support And Resistance For FOUR Stock
The 24-hour chart illustrates a support level at 68.39, which if violated will result in even more drops to 66.63. On the upside, there is a resistance level at 71.19. A further resistance level may holdings at 72.23. The Relative Strength Index (RSI) on the 14-day chart is 59.42, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.13, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 24.97%. Stochastics %K at 50.08% indicates the stock is a holding.
The most recent change occurred on December 14, 2023 when Seaport Research Partners began covering the stock and recommended ‘”a Buy”‘ rating along with a $85 price target.
