The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Shift4 Payments Inc shares valued at $2,053,931 were purchased by Isaacman Jared on Jun 06 ’24. At $69.23 per share, Isaacman Jared acquired 29,669 shares. The insider’s holdings grew to 651,631 shares worth approximately $45.43 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, Lauber David Taylor sold 15,000 shares, netting a total of over 1,038,892 in proceeds. Following the sale of shares at $69.26 each, the insider now holds 222,045 shares.
Before that, Isaacman Jared had added 39,135 shares to its account. In a trade valued at $2,506,108, the Chairman & CEO bought Shift4 Payments Inc shares for $64.04 each. Upon closing the transaction, the insider’s holdings increased to 39,135 shares, worth approximately $43.36 million.
As published in their initiating research note from Wedbush on May 24, 2024, Shift4 Payments Inc [FOUR] has been a Neutral and the price target has been revised to $75. Analysts at Redburn Atlantic upgraded the stock from ‘”a Sell”‘ to ‘”a Neutral”‘ outlook in a report released in mid April. As of February 13, 2024, The Benchmark Company has initiated its “Buy” rating for FOUR. Earlier on January 16, 2024, Keefe Bruyette initiated its rating. Their recommendation was “an Outperform” for FOUR stock.
Analyzing FOUR Stock Performance
During the last five days, there has been a surge of approximately 6.25%. Over the course of the year, Shift4 Payments Inc shares have dropped approximately -6.21%. Shares of the company reached a 52-week high of $92.30 on 02/29/24 and a 52-week low of $55.87 on 04/25/24. A 50-day SMA is recorded $64.66, while a 200-day SMA reached $65.10. Nevertheless, trading volume fell to 1.15 million shares from 1.02 million shares the previous day.
Support And Resistance Levels for Shift4 Payments Inc (FOUR)
According to the 24-hour chart, there is a support level at 68.59, which, if violated, would cause prices to drop to 67.47. In the upper region, resistance lies at 70.58. The next price resistance is at 71.45. RSI (Relative Strength Index) is 57.52 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.44, which suggests the price will increase in the coming days. Percent R is at 28.11%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
