Wasatch Advisors Reduces $106M in Shift4 Payments, Inc. ($FOUR)
Key Points
- Wasatch Advisors changed its Shift4 Payments, Inc. ($FOUR) stake by 38.0% last quarter, cutting to 4,206,244 shares worth $173.21 million.
- Wall Street's consensus rating on $FOUR is Buy and an average price target of $61.15.
- $FOUR last traded around $41.18.
Wasatch Advisors reduced its position in Shift4 Payments, Inc. ($FOUR) by 38.0% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,206,244 shares of Shift4 Payments, Inc. after selling 2,572,681 shares during the quarter. Wasatch Advisors's holdings in Shift4 Payments, Inc. were worth $173.21 million as of its most recent filing.
Shift4 Payments, Inc. ($FOUR) Stock
Shift4 Payments, Inc. Earnings
Analysts Set New Price Targets
About Shift4 Payments, Inc.
Shift4 Payments, Inc. engages in the provision of software and payment processing solutions in the United States and internationally. The company offers a payments platform, which provides omnichannel card acceptance; and processing solutions across multiple payment types, including credit, debit, contactless card, Europay, MasterCard and Visa, QR Pay, and mobile wallets, as well as alternative payment methods, such as Apple Pay, Google Pay, Alipay, and WeChat Pay. It also provides technology solutions, such as SkyTab POS, which provides purpose-built POS workstations; SkyTab Mobile, which provides pay-at-the-table, order-at-the-table, delivery, customer feedback, and email marketing solutions; SkyTab Venue, which provides mobile ordering, countertop POS, self-service kiosk, and digital wallet solutions; Lighthouse, a cloud-based suite of business intelligence tools that includes customer engagement, social media management, online reputation management, scheduling and product pricing, extensive reporting, and analytics; The Giving Block, a cryptocurrency donation marketplace; Shift4Shop, an e-commerce platform that creates a web store and tools to manage product catalog, order fulfillment and inventory management, search engine optimization, and secure hosting; and Marketplace, which enables integrations into third-party applications, as well as loyalty and inventory management. In addition, the company offers merchant operations and support services, including underwriting, onboarding, and activation; training; risk management; and support services. Further, it provides software partner operations and support services, including software integrations and compliance management; partner support; and partner services. The company distributes its products through independent software vendors, internal sales and support networks, enterprises, and value-added resellers. Shift4 Payments, Inc. was founded in 1999 and is headquartered in Center Valley, Pennsylvania.
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