Shift4 Payments Inc (FOUR)

[SmokyStock]

Mirae Asset Global Investments lowers its stake in Shift4 Payments as key insiders sell stock.

Mirae Asset Global Investments Co. Ltd. has recently lowered its stake in Shift4 Payments, Inc., in a move that has sparked interest in the financial and investment communities. According to the most recent filing with the Securities and Exchange Commission (SEC) from Mirae Asset Global Investments Co. Ltd., they have reduced their holdings by 14.1%, selling off 11,735 shares during the fourth quarter of last year. Following this move, the fund now owns 71,316 shares of Shift4 Payments stock worth $3,989,000.
Shift4 Payments, a US-based payment processing company, offers omnichannel payment options and advanced technology for merchants across various industries. The company recently completed a successful sale of 1,000 shares, valued at $70,000, and 1,500 shares, valued at $107,475. Director Sarah Goldsmith-Grover and CFO Nancy Disman sold 1,500 shares, resulting in Disman owning 375,165 shares with an accumulated value of $26 million. Despite market uncertainty and changing ownership, Shift4 Payments remains a strong and innovative player in the payments industry, with interest and support expected to grow in the future.