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Chief Revenue Officer Paul Christians of i3 Verticals, Inc. (NASDAQ:IIIV) sold 1,890 shares of the company’s Class A common stock on August 29, 2025, at a price of $31.40, totaling $59,346. The transaction comes as i3 Verticals demonstrates strong market performance, with the stock up 36.5% year-to-date and maintaining impressive gross profit margins of 90.7%.
Following the transaction, Christians directly owns 43,110 shares of i3 Verticals. The sale was disclosed in a Form 4 filing with the Securities and Exchange Commission. According to InvestingPro analysis, the company, currently valued at nearly $989 million, shows promising potential with analysts maintaining a strong buy consensus.
In other recent news, i3 Verticals has reported strong fiscal third-quarter results, which have prompted several analysts to raise their price targets for the company’s stock. The company achieved a 12.4% increase in total revenue and an 8% organic growth rate, surpassing expectations. Stephens increased its price target to $40, citing the company’s better-than-expected performance and noting a 120 basis point expansion in adjusted EBITDA margin. DA Davidson, Benchmark, and Raymond James also raised their targets to $39, highlighting the company’s impressive revenue and EBITDA figures. i3 Verticals’ Software-as-a-Service (SaaS) segment showed a notable 24% year-over-year growth. The company also executed $26 million in share buybacks during the quarter. These developments reflect positively on i3 Verticals’ strategic initiatives and financial health.
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