i3 Verticals, Inc. (NASDAQ:IIIV) Receives Average Rating of “Moderate Buy” from Brokerages

Posted by Stanley Muller on Jul 12th, 2026

i3 Verticals, Inc. (NASDAQ:IIIV – Get Free Report) has earned a consensus rating of “Moderate Buy” from the eight brokerages that are currently covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $29.8333.

Several brokerages have recently issued reports on IIIV. Weiss Ratings raised i3 Verticals from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, May 12th. Cantor Fitzgerald decreased their price target on i3 Verticals from $30.00 to $27.00 and set an “overweight” rating for the company in a research note on Monday, May 11th. Benchmark lowered their target price on shares of i3 Verticals from $39.00 to $30.00 and set a “buy” rating on the stock in a research note on Thursday, May 14th. Finally, DA Davidson dropped their price target on shares of i3 Verticals from $35.00 to $30.00 and set a “buy” rating on the stock in a report on Wednesday, May 13th.

Read Our Latest Analysis on IIIV

i3 Verticals Trading Up 0.2%

NASDAQ:IIIV traded up $0.04 during mid-day trading on Friday, reaching $21.03. 199,657 shares of the company’s stock traded hands, compared to its average volume of 461,198. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.34 and a quick ratio of 1.34. i3 Verticals has a 12-month low of $18.47 and a 12-month high of $33.97. The firm has a market capitalization of $587.41 million, a price-to-earnings ratio of 30.04 and a beta of 0.83. The company has a 50 day moving average price of $20.39 and a 200-day moving average price of $22.24.

i3 Verticals (NASDAQ:IIIV – Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.32 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.02. i3 Verticals had a return on equity of 4.19% and a net margin of 8.59%.The company had revenue of $57.52 million during the quarter, compared to analyst estimates of $57.51 million. i3 Verticals has set its FY 2026 guidance at 1.090-1.150 EPS. On average, sell-side analysts predict that i3 Verticals will post 0.66 earnings per share for the current year.

Insider Buying and Selling

In related news, CEO Gregory S. Daily bought 50,000 shares of the business’s stock in a transaction on Thursday, May 14th. The stock was acquired at an average price of $19.23 per share, with a total value of $961,500.00. Following the transaction, the chief executive officer owned 50,000 shares in the company, valued at approximately $961,500. This trade represents a ∞ increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 60.09% of the company’s stock.

Institutional Trading of i3 Verticals

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in IIIV. Jennison Associates LLC increased its stake in shares of i3 Verticals by 16.5% in the 4th quarter. Jennison Associates LLC now owns 1,093,762 shares of the company’s stock worth $27,552,000 after purchasing an additional 154,887 shares in the last quarter. Punch & Associates Investment Management Inc. boosted its position in shares of i3 Verticals by 32.8% during the first quarter. Punch & Associates Investment Management Inc. now owns 1,032,606 shares of the company’s stock worth $23,089,000 after acquiring an additional 255,079 shares during the last quarter. North Reef Capital Management LP lifted its position in shares of i3 Verticals by 1,253.8% in the first quarter. North Reef Capital Management LP now owns 1,025,000 shares of the company’s stock worth $22,919,000 after buying an additional 949,289 shares in the last quarter. Thrivent Financial for Lutherans boosted its position in shares of i3 Verticals by 11.2% during the 4th quarter. Thrivent Financial for Lutherans now owns 728,505 shares of the company’s stock valued at $18,351,000 after acquiring an additional 73,420 shares during the last quarter. Finally, State Street Corp grew its stake in shares of i3 Verticals by 4.3% in the 4th quarter. State Street Corp now owns 707,344 shares of the company’s stock worth $17,818,000 after buying an additional 29,482 shares in the last quarter. 84.22% of the stock is owned by hedge funds and other institutional investors.

About i3 Verticals

(Get Free Report)

i3 Verticals, Inc is a provider of integrated software and merchant payment processing solutions tailored for specific vertical markets across the United States. Since its founding in 2001 and headquartered in Columbia, South Carolina, the company has focused on delivering SaaS-based applications and payment services to streamline revenue collection and management workflows for its clients.

The company’s product portfolio includes electronic payment processing for credit and debit card transactions, automated clearing house (ACH) transfers, online and mobile payment portals, and related risk management and compliance tools.