Mastercard (NYSE:MA) Director Sells $217,038.71 in Stock

Mastercard Incorporated (NYSE:MA) Director Julius Genachowski sold 371 shares of the firm’s stock in a transaction dated Friday, October 9th. The shares were sold at an average price of $585.01, for a total transaction of $217,038.71. Following the completion of the sale, the director owned 8,607 shares of the company’s stock, valued at $5,035,181.07. This trade represents a 4.13% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Julius Genachowski also recently made the following trade(s):

• On Monday, October 12th, Julius Genachowski sold 370 shares of Mastercard stock. The shares were sold at an average price of $590.21, for a total transaction of $218,377.70.

Mastercard Price Performance

Shares of MA stock traded up $9.86 during midday trading on Tuesday, reaching $604.95. 3,661,370 shares of the company traded hands, compared to its average volume of 3,513,559. The firm’s 50 day simple moving average is $572.76 and its two-hundred day simple moving average is $532.04. Mastercard Incorporated has a 1-year low of $464.52 and a 1-year high of $605.60. The company has a debt-to-equity ratio of 3.96, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a market cap of $529.94 billion, a PE ratio of 33.28, a price-to-earnings-growth ratio of 1.68 and a beta of 0.76.

Mastercard (NYSE:MA) last announced its quarterly earnings results on Thursday, July 30th. The credit services provider reported $5.04 EPS for the quarter, topping the consensus estimate of $4.77 by $0.27. The business had revenue of $9.28 billion for the quarter, compared to analyst estimates of $9.08 billion. Mastercard had a return on equity of 239.99% and a net margin of 46.34%. The company’s quarterly revenue was up 14.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $4.15 EPS. On average, equities research analysts expect that Mastercard Incorporated will post 19.90 EPS for the current fiscal year.

Mastercard Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Friday, October 9th will be issued a dividend of $0.87 per share. The ex-dividend date of this dividend is Friday, October 9th. This represents a $3.48 annualized dividend and a yield of 0.6%. Mastercard’s payout ratio is currently 19.14%.

Key Mastercard News

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Analysts expect Mastercard’s upcoming third-quarter report to show double-digit earnings growth. The company’s latest quarter already exceeded consensus estimates for both earnings and revenue, supporting expectations for continued operating momentum. Here’s What to Expect From Mastercard Incorporated’s Next Earnings Report
• Positive Sentiment: Mastercard launched a stablecoin on Solana for cross-border payments and is reportedly pursuing additional stablecoin-related opportunities. These initiatives could strengthen its position in faster digital settlement and blockchain-based payments. Mastercard Launches Open USD Stablecoin on Solana for Cross-Border Payments
• Positive Sentiment: The company announced an Africa Cybersecurity Center of Excellence and a cyber-resilience initiative, while its partnership with WEX is creating a unified fleet-payments network across Asia-Pacific. The programs expand Mastercard’s commercial, security and emerging-market payment opportunities. Why Is Mastercard Expanding Into Africa Cybersecurity and Asia Pacific Fleet Payments?
• Positive Sentiment: Mastercard remains included among leading mobile-payments stocks as digital wallets account for a growing share of global online spending. Its crypto-backed card partnership in Mexico also connects digital assets with Mastercard’s existing payment rails. Top Mobile Payments Stocks to Buy as Digital Wallet Adoption Soars
• Neutral Sentiment: Visa’s progress toward establishing a domestic bankcard-clearing institution in China highlights growth potential in the market, but also underscores competitive pressure for Mastercard. Visa Stock Has Caught Wall Street’s Attention
• Negative Sentiment: Mastercard and Visa face a £700 million U.K. class-action claim related to post-Brexit fees. Although the financial impact remains uncertain, the litigation creates a regulatory and potential liability overhang. Visa and Mastercard Face £700m Class Action

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. KeyCorp raised their price target on Mastercard from $670.00 to $680.00 and gave the company an “overweight” rating in a research report on Friday, July 31st. Loop Capital increased their price objective on shares of Mastercard from $631.00 to $647.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Keefe, Bruyette & Woods raised their target price on shares of Mastercard from $665.00 to $685.00 and gave the company an “outperform” rating in a report on Friday, July 31st. Morgan Stanley lifted their target price on shares of Mastercard from $679.00 to $681.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Finally, Robert W. Baird upped their price target on shares of Mastercard from $660.00 to $710.00 and gave the company an “outperform” rating in a report on Friday. Two investment analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Mastercard presently has a consensus rating of “Moderate Buy” and a consensus target price of $681.56.

Hedge Funds Weigh In On Mastercard

A number of institutional investors have recently made changes to their positions in MA. McGlone Suttner Wealth Management Inc. lifted its stake in shares of Mastercard by 20.9% during the third quarter. McGlone Suttner Wealth Management Inc. now owns 568 shares of the credit services provider’s stock valued at $313,000 after buying an additional 98 shares during the period. Heffernan Advisory Inc. grew its stake in Mastercard by 16.5% in the 3rd quarter. Heffernan Advisory Inc. now owns 1,274 shares of the credit services provider’s stock worth $703,000 after acquiring an additional 180 shares during the period. Sax Wealth Advisors LLC grew its stake in Mastercard by 28.6% in the 3rd quarter. Sax Wealth Advisors LLC now owns 6,163 shares of the credit services provider’s stock worth $3,399,000 after acquiring an additional 1,369 shares during the period. Fragasso Financial Advisors Inc grew its stake in Mastercard by 48.7% in the 3rd quarter. Fragasso Financial Advisors Inc now owns 3,590 shares of the credit services provider’s stock worth $2,115,000 after acquiring an additional 1,176 shares during the period. Finally, Armstrong Advisory Group Inc. raised its holdings in Mastercard by 6.3% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 388 shares of the credit services provider’s stock valued at $214,000 after acquiring an additional 23 shares during the last quarter. 97.28% of the stock is owned by institutional investors and hedge funds.

Mastercard Company Profile

Mastercard Incorporated (NYSE: MA) is a global payments technology company that operates a network connecting consumers, financial institutions, merchants, governments and businesses. The company facilitates the authorization, clearing and settlement of electronic payment transactions, while generally not issuing cards or extending credit itself. Its network supports payments made in stores, online and through mobile devices.

Mastercard’s products and services include consumer and commercial payment cards, digital payment solutions, payment processing, fraud prevention, cybersecurity, identity verification, data and analytics, and open banking tools.