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 $2,012,184 were sold by Disman Nancy on Dec 16 ’24. At $100.61 per share, Disman Nancy sold 20,000 shares. The insider’s holdings dropped to 162,959 shares worth approximately $17.65 million following the completion of this transaction.
Also, Disman Nancy purchased 20,000 shares, netting a total of over 2,012,184 in proceeds.
Before that, Frankel Jordan had sold 5,000 shares from its account. In a trade valued at $495,040, the insider traded Shift4 Payments Inc shares for $99.01 each. Upon closing the transaction, the insider’s holdings decreased to 5,000 shares, worth approximately $24.06 million.
As published in a research note from Keefe Bruyette on December 09, 2024, Shift4 Payments Inc [FOUR] has been rated down from an Outperform to a Mkt perform and the price target has been revised to $112. Analysts at The Benchmark Company downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in early December. As of December 04, 2024, BofA Securities has decreased its “Buy” rating to a “Neutral” for FOUR. Earlier on October 09, 2024, Barclays initiated its rating. Their recommendation was “an Overweight” for FOUR stock.
Analyzing FOUR Stock Performance
During the last five days, there has been a surge of approximately 2.83%. Over the course of the year, Shift4 Payments Inc shares have jumped approximately 4.39%. Shares of the company reached a 52-week high of $109.14 on 01/02/25 and a 52-week low of $104.65 on 01/02/25. A 50-day SMA is recorded $101.39, while a 200-day SMA reached $80.21. Nevertheless, trading volume fell to 2.5 million shares from 0.72 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 105.62, which, if violated, would cause prices to drop to 102.89. In the upper region, resistance lies at 110.10. The next price resistance is at 111.86. RSI (Relative Strength Index) is 58.26 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.94, which suggests the price will increase in the coming days. Percent R is at 6.64%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
