Priority Technology Holdings, Inc. provides merchant acquiring, integrated payment software, and commercial payment solutions in the United States. It operates through three segments: Consumer Payments, Commercial Payments, and Integrated Partners. The company offers MX product suite, including MX ISO/Agent and VIMAS reseller technology systems, and MX Merchant products, such as MX Insights, MX Storefront, MX Retail, MX Invoice, MX B2B, ACH.com, and others, which provide resellers and merchant clients a customizable set of business applications that enable business work functions and revenue performance management. It also offers CPX, a solution suite that offers automated payment services for customers, including virtual payments, purchase cards, electronic funds transfers, ACH payments, and check payments. In addition, the company provides curated managed services and a suite of integrated accounts payable automation solutions to various financial institutions and card networks; and payment-adjacent technologies to facilitate the acceptance of electronic payments from customers in the rental real estate, rental storage, medical, and hospitality industries. Further, it offers managed services solutions that provide audience-specific programs for institutional partners and other third parties; and consulting and development solutions. The company serves small and medium size businesses, and enterprises, as well as distribution partners, including retail and wholesale independent sales organizations, financial institutions, and independent software vendors. Priority Technology Holdings, Inc. was founded in 2005 and is headquartered in Alpharetta, Georgia.
IPO Year: 2016
Exchange: NASDAQ
Website: prth.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/16/2025 | $10.00 → $14.00 | Mkt Perform → Outperform | Keefe Bruyette |
| 12/15/2023 | $5.00 → $10.00 | Neutral → Buy | B. Riley Securities |
| 10/16/2023 | $4.50 | Mkt Perform | Keefe Bruyette |
| 7/31/2023 | $7.00 | Buy | Lake Street |
| 6/23/2023 | $5.00 | Neutral | B. Riley Securities |
| 3/30/2022 | $14.00 | Buy | B. Riley Securities |
SC 13D/A - Priority Technology Holdings, Inc. (0001653558) (Subject)
SC 13D/A - Priority Technology Holdings, Inc. (0001653558) (Subject)
SC 13G - Priority Technology Holdings, Inc. (0001653558) (Subject)
4 - Priority Technology Holdings, Inc. (0001653558) (Issuer)
4 - Priority Technology Holdings, Inc. (0001653558) (Issuer)
Priority Technology Holdings, Inc. (NASDAQ:PRTH) ("Priority" or the "Company"), the payments and banking solution that streamlines collecting, storing, lending and sending money to unlock revenue opportunities, today announced the planned retirement of co-founder John V. Priore from the board of directors effective April 1, 2025. Clayton Main has been appointed to the board of directors effective April 1, 2025. John Priore was one of the original founders of Priority in 2005. "It has been an honor to be part of the evolution of Priority from its days as a young startup to today's fast growing public company," he said. "While I look forward to my future, I am very excited to watch all that
Priority Technology Holdings, Inc. (NASDAQ:PRTH) ("Priority" or the "Company"), the platform for unified commerce that delivers integrated payments and banking at scale, today announced that its Board has appointed Marc Crisafulli as Director. Crisafulli is an experienced executive and has over 30 years in legal, compliance and regulatory governance roles with various companies. In his most recent role, Crisafulli served as Executive Vice President, Government Relations, Legal and Regulatory at Bally's Corporation. Prior to that, Mr. Crisafulli held senior leadership roles with Brightstar Corporation and Suffolk Construction Company and was managing partner at Hinkley Allen & Snyder. "Mar
Priority Technology Holdings, Inc. (NASDAQ:PRTH) ("Priority" or the "Company"), a leading payments technology company delivering unified commerce solutions through its payments and banking as a service platform, is pleased to announce the appointment of Tim O'Leary to the position of Chief Financial Officer (CFO). Mr. O'Leary replaces Mike Vollkommer, who will retire on September 16. "We are excited to have Tim join Priority. His deep experience raising capital for technology companies, coupled with his extensive financial expertise and leadership, make him an excellent fit for this key role at Priority as we continue to achieve great results and execute on our transformative growth strate
Priority Technology Holdings, Inc. (NASDAQ:PRTH) ("Priority" or the "Company"), a leading payments technology company helping customers collect, store and send money, today announced the retirement of Michael Vollkommer, its Chief Financial Officer (CFO). Mr. Vollkommer, who has been the Company's Chief Financial Officer since December 2018, will retire from Priority on September 1, 2022. Subsequently, Mr. Vollkommer will remain with the Company in an advisory capacity to ensure a smooth transition and to assist in executing strategic projects going forward. The Company has begun its search for Mr. Vollkommer's replacement and expects to name the next CFO during the third quarter. "On beh
Priority Technology Holdings, Inc. (NASDAQ:PRTH) ("Priority" or the "Company"), the payments and banking fintech that streamlines collecting, storing, lending, and sending money to unlock revenue opportunities, today announced that the Company will participate in the following investor conferences: On Wednesday, May 21, 2025, management will participate in the B. Riley 25th Annual Investor Conference in Marina Del Rey, CA. On Tuesday, June 3 and Wednesday June 4, 2025, management will participate in the virtual Wolfe Research Small and Mid-Cap Conference. On Thursday, June 5, 2025, management will participate in the Benchmark Virtual Fintech Seminar. The fireside chat is scheduled to
Strong First Quarter Growth Driven by Performance Across Unified Commerce Platform Priority Technology Holdings, Inc. (NASDAQ:PRTH) ("Priority" or the "Company"), the payments and banking fintech that streamlines collecting, storing, lending, and sending money to unlock revenue opportunities, today announced its first quarter 2025 financial results including strong year-over-year diversified revenue growth. "Strong first quarter growth in revenue and profits continues to demonstrate the value of our Priority Commerce Engine, purpose built to help our customers accelerate cash flow and optimize working capital. We delivered consistent results across each of our SMB Acquiring, B2B Payables
The Minnesota Wild has partnered with Priority Sports, a unit of Priority, to enhance the team's ticketing operations with seamless payment processing and scalable financial technology. Since March, Priority Sports has handled transactions for the Wild's ticket sales, delivering fast, secure, and reliable service for fans while powering operational efficiency behind the scenes. "The launch of Priority Sports is a strategic expansion of our mission to simplify and optimize commerce for every business," said Priority CEO Tom Priore. "We're proud to support the Minnesota Wild with technology that not only improves the fan experience, but also unlocks real savings and new revenue opportunitie
Priority Technology Holdings, Inc. (NASDAQ:PRTH) ("Priority" or the "Company"), the unified commerce engine that helps businesses unlock revenue opportunities, today announced that it will release its first quarter 2025 financial results on Tuesday, May 6, 2025, before markets open. The Company will host a conference call and webcast to discuss its financial and operating results at 11:00 AM ET the same day. A question-and-answer session will follow. First Quarter 2025 Conference Call Tuesday, May 6, 2025 11:00 AM Eastern Time Phone: US/Canada: 877-407-0752 or International: 201-389-0912 Internet webcast link and accompanying slide presentation can be accessed at https://viavid.web
Ideon, the leader in data management and connectivity solutions for the health and benefits industry, today announced a strategic partnership with Ambient, the ICHRA payments and administration unit of Priority Technology Holdings, Inc. The partnership combines Ideon's advanced enrollment technology with Ambient's payment and administration solution, providing health insurance carriers and ICHRA administrators a unified, automated solution for managing ICHRA enrollment and payment data. As the Individual Coverage Health Reimbursement Arrangement (ICHRA) market rapidly expands, carriers and ICHRA administrators face increasing complexity around enrollment integrations and premium payments.
Priority, the payments and banking solution that streamlines collecting, storing, lending and sending money to unlock revenue opportunities, today announced that Moody's Ratings has upgraded its credit rating to B1 from B2. According to Moody's, the upgrade reflects Priority's "continued solid revenue growth, simplified and lower cost capital structure with improved cash flow generation capabilities, and the expectation of ongoing deleveraging with earnings growth and debt paydown." "We are pleased to have Moody's recognize our continued strong financial performance and the successful execution of improvements to our balance sheet in fiscal 2024," said Priority CFO Tim O'Leary. "We contin
Priority Technology Holdings, Inc. (NASDAQ:PRTH), the payments and banking solution that streamlines collecting, storing, lending and sending money to unlock revenue opportunities, today announced the launch of its Ambient business for Individual Coverage Health Reimbursement Arrangement (ICHRA) plan payments and administration. ICHRAs are an employer-funded health benefit that allows employers to reimburse employees tax-free for individual health insurance premiums and qualified medical expenses. "ICHRAs are experiencing rapid growth in the U.S., driven by their flexibility, potential cost savings, and ability to expand health coverage options," said Jim Mrowka, the chief operating offic
Strong Fourth Quarter Growth Driven by Performance Across Diverse Business Segments Priority Technology Holdings, Inc. (NASDAQ:PRTH) ("Priority" or the "Company"), a payments and banking fintech that streamlines collecting, storing, lending and sending money through its innovative commerce engine (the "Priority Commerce Engine" or "PCE") to unlock revenue opportunities and generate operational success for businesses, has announced its fourth quarter and full year 2024 financial results including strong year-over-year revenue and profit growth. Highlights of Consolidated Results Fourth Quarter 2024 Compared with Fourth Quarter 2023 Financial highlights of the fourth quarter of 2024 compa
Priority Technology Holdings, Inc. (NASDAQ:PRTH) ("Priority" or the "Company"), the payments and banking solution that streamlines collecting, storing, lending and sending money to unlock revenue opportunities, today announced the planned retirement of co-founder John V. Priore from the board of directors effective April 1, 2025. Clayton Main has been appointed to the board of directors effective April 1, 2025. John Priore was one of the original founders of Priority in 2005. "It has been an honor to be part of the evolution of Priority from its days as a young startup to today's fast growing public company," he said. "While I look forward to my future, I am very excited to watch all that
Priority Technology Holdings, Inc. (NASDAQ:PRTH) ("Priority" or the "Company"), the unified commerce engine that helps businesses unlock revenue opportunities, today announced that it will release its fourth quarter and full-year 2024 financial results before financial markets open on Thursday, March 6, 2025. In addition, the Company will host a conference call and webcast to review its financial and operating results. A question-and-answer session will follow. Fourth Quarter and Full-Year 2024 Conference Call Thursday, March 6, 2025 11:00 a.m. Eastern Time Phone: US/Canada: (833) 636-1319 or International: (412) 902-4286 Internet webcast link and accompanying slide presentation can b
Keefe Bruyette upgraded Priority Technology Holdings from Mkt Perform to Outperform and set a new price target of $14.00 from $10.00 previously
B. Riley Securities upgraded Priority Technology Holdings from Neutral to Buy and set a new price target of $10.00 from $5.00 previously
Keefe Bruyette initiated coverage of Priority Technology Holdings with a rating of Mkt Perform and set a new price target of $4.50
Lake Street initiated coverage of Priority Technology Holdings with a rating of Buy and set a new price target of $7.00
B. Riley Securities resumed coverage of Priority Technology Holdings with a rating of Neutral and set a new price target of $5.00
B. Riley Securities initiated coverage of Priority Technology Holdings with a rating of Buy and set a new price target of $14.00
Cowen resumed coverage of Priority Technology Holdings with a rating of Outperform
Roth Capital reiterated coverage of Priority Technology with a rating of Buy and set a new price target of $13.00 from $8.00 previously
Alliance Global Partners reiterated coverage of Priority Technology with a rating of and set a new price target of $18.50 from $16.00 previously
Alliance Global Partners initiated coverage of Priority Technology Holdings with a rating of Buy and set a new price target of $16.00
4 - Priority Technology Holdings, Inc. (0001653558) (Issuer)
4 - Priority Technology Holdings, Inc. (0001653558) (Issuer)
4 - Priority Technology Holdings, Inc. (0001653558) (Issuer)
4 - Priority Technology Holdings, Inc. (0001653558) (Issuer)
4 - Priority Technology Holdings, Inc. (0001653558) (Issuer)
4 - Priority Technology Holdings, Inc. (0001653558) (Issuer)
4 - Priority Technology Holdings, Inc. (0001653558) (Issuer)
4 - Priority Technology Holdings, Inc. (0001653558) (Issuer)
4 - Priority Technology Holdings, Inc. (0001653558) (Issuer)
4 - Priority Technology Holdings, Inc. (0001653558) (Issuer)
10-Q - Priority Technology Holdings, Inc. (0001653558) (Filer)
8-K - Priority Technology Holdings, Inc. (0001653558) (Filer)
DEFA14A - Priority Technology Holdings, Inc. (0001653558) (Filer)
DEF 14A - Priority Technology Holdings, Inc. (0001653558) (Filer)
PRE 14A - Priority Technology Holdings, Inc. (0001653558) (Filer)
10-K - Priority Technology Holdings, Inc. (0001653558) (Filer)
8-K - Priority Technology Holdings, Inc. (0001653558) (Filer)
8-K - Priority Technology Holdings, Inc. (0001653558) (Filer)
SCHEDULE 13G - Priority Technology Holdings, Inc. (0001653558) (Subject)
SCHEDULE 13G - Priority Technology Holdings, Inc. (0001653558) (Subject)
Strong First Quarter Growth Driven by Performance Across Unified Commerce Platform Priority Technology Holdings, Inc. (NASDAQ:PRTH) ("Priority" or the "Company"), the payments and banking fintech that streamlines collecting, storing, lending, and sending money to unlock revenue opportunities, today announced its first quarter 2025 financial results including strong year-over-year diversified revenue growth. "Strong first quarter growth in revenue and profits continues to demonstrate the value of our Priority Commerce Engine, purpose built to help our customers accelerate cash flow and optimize working capital. We delivered consistent results across each of our SMB Acquiring, B2B Payables
Priority Technology Holdings, Inc. (NASDAQ:PRTH) ("Priority" or the "Company"), the unified commerce engine that helps businesses unlock revenue opportunities, today announced that it will release its first quarter 2025 financial results on Tuesday, May 6, 2025, before markets open. The Company will host a conference call and webcast to discuss its financial and operating results at 11:00 AM ET the same day. A question-and-answer session will follow. First Quarter 2025 Conference Call Tuesday, May 6, 2025 11:00 AM Eastern Time Phone: US/Canada: 877-407-0752 or International: 201-389-0912 Internet webcast link and accompanying slide presentation can be accessed at https://viavid.web
Strong Fourth Quarter Growth Driven by Performance Across Diverse Business Segments Priority Technology Holdings, Inc. (NASDAQ:PRTH) ("Priority" or the "Company"), a payments and banking fintech that streamlines collecting, storing, lending and sending money through its innovative commerce engine (the "Priority Commerce Engine" or "PCE") to unlock revenue opportunities and generate operational success for businesses, has announced its fourth quarter and full year 2024 financial results including strong year-over-year revenue and profit growth. Highlights of Consolidated Results Fourth Quarter 2024 Compared with Fourth Quarter 2023 Financial highlights of the fourth quarter of 2024 compa
Priority Technology Holdings, Inc. (NASDAQ:PRTH) ("Priority" or the "Company"), the unified commerce engine that helps businesses unlock revenue opportunities, today announced that it will release its fourth quarter and full-year 2024 financial results before financial markets open on Thursday, March 6, 2025. In addition, the Company will host a conference call and webcast to review its financial and operating results. A question-and-answer session will follow. Fourth Quarter and Full-Year 2024 Conference Call Thursday, March 6, 2025 11:00 a.m. Eastern Time Phone: US/Canada: (833) 636-1319 or International: (412) 902-4286 Internet webcast link and accompanying slide presentation can b
Priority Technology Holdings, Inc. (NASDAQ:PRTH) ("Priority"), the unified commerce engine that helps businesses unlock revenue opportunities, today announced the acquisition of Rollfi. Rollfi offers financial service providers – such as banks, accountants and vertical SaaS providers – a super-fast way to add payroll and benefits into their offerings with minimal effort through white-label solutions and APIs. "Payroll is a critical component of any company's working capital needs," said Priority CEO Tom Priore. "This acquisition unites Priority's robust financial infrastructure with Rollfi's innovative payroll and benefits solutions, positioning us to deliver even greater value to our c
Priority Technology Holdings, Inc. (NASDAQ:PRTH) ("Priority" or the "Company"), the payments and banking solution that streamlines collecting, storing, lending and sending money to unlock revenue opportunities, today announced the successful redemption in full of the remaining preferred stock on its balance sheet. The redemption was completed with proceeds from a $115 million increase to its existing term loan due May 2031. The redemption totaled $113.3 million, including accrued but unpaid dividends of $2.6 million. The redemption of the remaining preferred stock follows Priority's establishment of a new $835 million term loan and concurrent redemption of approximately $170 million of pr
Strong Third Quarter Growth Driven by Performance Across Unified Commerce Platform Priority Technology Holdings, Inc. (NASDAQ:PRTH) ("Priority" or the "Company"), the payments and banking fintech that streamlines collecting, lending, and sending money to unlock revenue opportunities, today announced its third quarter 2024 financial results including strong year-over-year diversified revenue growth. Highlights of Consolidated Results Third Quarter 2024 Compared with Third Quarter 2023 Financial highlights of the third quarter of 2024 compared with the third quarter of 2023, are as follows1: Revenue of $227.0 million increased 20.1% from $189.0 million Adjusted gross profit (a non-GAA
Priority Technology Holdings, Inc. (NASDAQ:PRTH) ("Priority" or the "Company"), the payments and banking fintech that streamlines collecting, storing, lending and sending money to unlock revenue opportunities, today announced that it will release its third quarter 2024 financial results before financial markets open on Thursday, November 7, 2024. In addition, the Company will host a conference call and webcast to review its financial and operating results. A question-and-answer session will follow. Third Quarter 2024 Conference Call Thursday, November 7, 2024 11:00 a.m. Eastern Time Phone: US/Canada: (833) 636-1319 or International: (412) 902-4286 Internet webcast link and accompanying s
Strong Second Quarter Growth Driven by Performance Across Unified Commerce Platform Priority Technology Holdings, Inc. (NASDAQ:PRTH) ("Priority" or the "Company"), the platform for unified commerce that delivers integrated payments and banking services at scale, today announced its second quarter 2024 financial results including strong year-over-year diversified revenue growth. Highlights of Consolidated Results Second Quarter 2024 Compared with Second Quarter 2023 Financial highlights of the second quarter of 2024 compared with the second quarter of 2023, are as follows1: Revenue of $219.9 million increased 20.6% from $182.3 million Adjusted gross profit (a non-GAAP measure2
Priority Technology Holdings, Inc. (NASDAQ:PRTH) ("Priority" or the "Company"), the platform for unified commerce that delivers integrated payments and banking at scale, today announced that it will release its second quarter 2024 financial results before financial markets open on Thursday, August 8, 2024. In addition, the Company will host a conference call and webcast to review its financial and operating results. A question-and-answer session will follow. Second Quarter 2024 Conference Call Thursday, August 8, 2024 11:00 a.m. Eastern Time Phone: US/Canada: (833) 636-1319 or International: (412) 902-4286 Internet webcast link and accompanying slide presentation can be accessed at