Shift4 Payments Inc’s recent filing unveils that its Chief Financial Officer Disman Nancy unloaded Company’s shares for reported $2.01 million on Dec 16 ’24. In the deal valued at $100.61 per share,20,000 shares were sold. As a result of this transaction, Disman Nancy now holds 162,959 shares worth roughly $17.03 million.
Then, Disman Nancy bought 20,000 shares, generating $2,012,184 in total proceeds.
Before that, Frankel Jordan sold 5,000 shares. Shift4 Payments Inc shares valued at $495,040 were divested by the insider at a price of $99.01 per share. As a result of the transaction, Frankel Jordan now holds 222,112 shares, worth roughly $23.21 million.
Keefe Bruyette downgraded its Shift4 Payments Inc [FOUR] rating to a Mkt perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including The Benchmark Company’s analysts, who decreased its forecast for the stock in early December from “a Buy” to “a Hold”. BofA Securities also remained covering FOUR and has decreased its forecast on December 04, 2024 with a “Neutral” recommendation from previously “Buy” rating. Barclays started covering the stock on October 09, 2024. It rated FOUR as “an Overweight”.
Price Performance Review of FOUR
On Friday, Shift4 Payments Inc [NYSE:FOUR] saw its stock fall -1.91% to $104.48. Over the last five days, the stock has lost -3.56%. Shift4 Payments Inc shares have risen nearly 0.67% since the year began. Nevertheless, the stocks have risen 43.12% over the past one year. While a 52-week high of $116.84 was reached on 01/06/25, a 52-week low of $55.87 was recorded on 01/10/25. SMA at 50 days reached $102.73, while 200 days put it at $81.10.
Levels Of Support And Resistance For FOUR Stock
The 24-hour chart illustrates a support level at 102.46, which if violated will result in even more drops to 100.45. On the upside, there is a resistance level at 106.05. A further resistance level may holdings at 107.63. The Relative Strength Index (RSI) on the 14-day chart is 49.91, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.21, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 55.21%. Stochastics %K at 62.29% indicates the stock is a holding.
How much short interest is there in Shift4 Payments Inc?
A steep rise in short interest was recorded in Shift4 Payments Inc stocks on 2024-12-13, dropping by -0.52 million shares to a total of 6.55 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 7.08 million shares. There was a decline of -7.99%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on October 01, 2024 when Oppenheimer began covering the stock and recommended ‘”an Outperform”‘ rating along with a $109 price target.
