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Jordan Frankel, Secretary, General Counsel, and Executive Vice President of Legal, Risk and Compliance at Shift4 Payments, Inc. (NYSE:FOUR), a $7.95 billion market cap payment processing company, recently sold 12,500 shares of the company’s Class A common stock. According to InvestingPro analysis, the stock is currently showing oversold conditions. The shares were sold on March 10, 2025, at a weighted average price of $88.36, resulting in total proceeds of approximately $1.1 million. This transaction was executed as part of a pre-established Rule 10b5-1 trading plan.
Additionally, on March 9, 2025, Frankel disposed of 4,222 shares at $89.74 each, which were withheld to cover taxes upon the vesting of restricted stock units. Following these transactions, Frankel holds 232,454 shares of Shift4 Payments.
In other recent news, Shift4 Payments has garnered attention with its announcement of acquiring Global Blue for an enterprise value of $2.5 billion. This strategic move is anticipated to significantly enhance Shift4’s international presence, particularly in the Asia-Pacific region, and is projected to boost the company’s adjusted EBITDA by contributing approximately $221 million in 2025. Recent analyst updates reflect a mix of optimism and caution regarding the acquisition. RBC Capital Markets maintained an Outperform rating with a $154 price target, citing the acquisition as a growth catalyst. DA Davidson, while lowering its price target from $140 to $124, reaffirmed a Buy rating, acknowledging potential integration challenges but expressing confidence in Shift4’s overall prospects. Meanwhile, Keefe, Bruyette & Woods raised their price target to $125, highlighting strong growth drivers and the company’s strategic initiatives. Global Blue’s recent financial performance, including a 20% year-over-year revenue increase, supports a positive outlook for the acquisition’s impact on Shift4. These developments indicate that analysts are closely watching how the integration unfolds and its influence on Shift4’s financial performance.
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