I3 Verticals Director Sells 6,882 Shares Worth $218,916

I3 Verticals (IIIV) Director Timothy McKenna has sold 6,882 shares of stock worth $218,916. Analysts have raised price targets due to the company's strong Q3 performance and strategic positioning, citing revenue and EBITDA exceeding forecasts, successful transition to a Public Sector software focus, and potential for further growth. The stock's overall score is driven by strong earnings call highlights and positive corporate events, but technical indicators show caution due to overbought conditions.

Title: i3 Verticals (IIIV) Director Timothy McKenna Sells Shares Amid Strong Q3 Performance and Analyst Upside

i3 Verticals Inc. (NASDAQ:IIIV), a leading provider of software solutions, has seen its stock gain significant attention following the release of its Q3 2025 financial results. The company reported strong performance metrics, including a 12% increase in revenue and a significant jump in adjusted earnings per share (EPS) to $0.23, up from $0.02 year-over-year [1]. This quarterly performance has led analysts to raise their price targets and express confidence in the company's long-term growth prospects.

Director Timothy McKenna recently sold 6,882 shares of i3 Verticals stock, worth approximately $218,916, according to recent filings. This sale comes amid a period of increased investor interest and positive analyst sentiment. The company’s strategic focus on the public sector vertical has been a key driver of its growth, with software and related services revenue growing by 24% year-over-year to $9.3 million [1].

Analysts have been particularly bullish on i3 Verticals. Stephens, a prominent financial services company, raised its price target on i3 Verticals stock to $40.00 from $35.00, maintaining an Overweight rating following the company's better-than-expected Q3 results [2]. The stock has shown impressive momentum, gaining over 11% in the past week and currently trading near its 52-week high of $32.33.

The company’s strong performance has been driven by robust recurring revenue, which accounts for 77% of total revenue at $40.2 million. The company’s Annualized Recurring Revenue (ARR) reached $160.8 million, a 12% increase from the prior year, highlighting the stability of its revenue streams [1]. Additionally, the company reported an adjusted diluted EPS of $0.23 for Q3 FY2025, compared to $0.02 in the same period last year, marking a more than tenfold increase year-over-year [1].

Despite the strong year-over-year performance, i3 Verticals reported a GAAP loss from operations of $4.8 million for Q3 FY2025, compared to a loss of $1.3 million in Q3 FY2024. The widening gap between GAAP and non-GAAP results highlights the impact of various adjustments, including acquisition-related expenses and amortization [1].

The company’s emphasis on recurring revenue and continued expansion in the public sector vertical appears to be resonating with investors, as evidenced by the stock’s performance. With 77% of revenue now coming from recurring sources and ARR growing at 12% year-over-year, i3 Verticals has established a stable foundation for future growth despite quarterly fluctuations [1].

While the presentation doesn’t provide explicit forward guidance, the company’s previous outlook for FY2025 included RemainCo revenue between $207 million and $217 million, with adjusted EBITDA projected between $56 million and $61 million. Based on year-to-date performance through Q3, achieving these targets would require continued strength in the final quarter of the fiscal year [1].

Technical indicators, however, show caution due to overbought conditions, suggesting that investors should exercise caution despite the strong earnings call highlights and positive corporate events [2].

References
[1] https://www.investing.com/news/company-news/i3-verticals-q3-2025-slides-revenue-up-12-adjusted-eps-surges-to-023-93CH-4179370
[2] https://ca.investing.com/news/analyst-ratings/stephens-raises-i3-verticals-stock-price-target-to-40-on-strong-q3-results-93CH-4149594