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Shift4 Payments, Inc. (NYSE:FOUR), a payment processing company with a market capitalization of $8.3 billion and a "GOOD" financial health rating according to InvestingPro, recently saw activity in its executive ranks as James J. Whalen, the company’s Chief Accounting Officer and Principal Accounting Officer, sold shares of the company. According to a filing with the Securities and Exchange Commission, Whalen sold 195 shares of Class A Common Stock on March 4, 2025, at a price of $94 per share, totaling $18,330.
This transaction was conducted under a Rule 10b5-1 trading plan, which allows insiders to set up a predetermined plan to sell stocks. Following this sale, Whalen retains ownership of 57,118 shares in Shift4 Payments. For comprehensive analysis and additional insights about FOUR, including 8 more exclusive ProTips, check out the detailed Pro Research Report available on InvestingPro.
In other recent news, Shift4 Payments announced its intention to acquire Global Blue for an enterprise value of $2.5 billion. This strategic move is expected to significantly enhance Shift4’s presence in the international market, particularly in the Asia-Pacific region. Global Blue recently reported a 20% year-over-year revenue increase to €131 million ($137 million) and a 31% jump in adjusted EBITDA to €52 million ($55 million), showcasing strong financial performance. RBC Capital Markets maintained an Outperform rating for Shift4 Payments, with a price target of $154, highlighting the potential growth benefits from the acquisition. DA Davidson, while slightly lowering their price target to $124, upheld a Buy rating, acknowledging the potential risks but expressing confidence in the company’s future prospects. Keefe, Bruyette & Woods raised their price target to $125, citing robust growth drivers and a positive outlook following Shift4’s Investor Day. During this event, Shift4 Payments emphasized its strategy for cross-selling and international expansion, projecting high teens organic growth over the next three years. The company’s financial results, including a 50% increase in net revenue and a 51% rise in adjusted EBITDA, underscore its strong performance and strategic direction.
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