Shift4 Payments, Inc. (NAYSE:FOUR) shares are trading higher Wednesday, and the stock is up more than 20% over the past five days.
What To Know:
According to an SEC filing, CEO Jared Isaacman purchased 85,916 Shift4 Payments shares on Tuesday at an average price of $67.09. The purchase brought the total number of shares owned by the CEO to 582,827.
Shift4 Payments shares are climbing this week following a dip after the company reported its first-quarter financial results last Thursday.
The company reported quarterly sales of $707.4 million which missed the analyst consensus estimate of $755.596 and marked a 29.32% increase over sales of $547 million from the same period last year.
Subscription revenue was $52.3 million, up from $36 million a year ago, and payments-based revenue rose to $655.1 ...