Representative Bruce Westerman (R-Arkansas) recently bought shares of Mastercard Incorporated (NYSE:MA). In a filing disclosed on April 16th, the Representative disclosed that they had bought between $1,001 and $15,000 in Mastercard stock on March 3rd. The trade occurred in the Representative’s “FISHER IRA” account.
Representative Bruce Westerman also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) on 4/2/2025.
- Purchased $1,001 – $15,000 in shares of Sony Group (NYSE:SONY) on 3/24/2025.
- Purchased $1,001 – $15,000 in shares of Mitsubishi UFJ Financial Group (NYSE:MUFG) on 3/21/2025.
- Purchased $1,001 – $15,000 in shares of BP (NYSE:BP) on 3/21/2025.
- Sold $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 3/20/2025.
- Sold $1,001 – $15,000 in shares of Medtronic (NYSE:MDT) on 3/20/2025.
- Purchased $1,001 – $15,000 in shares of ASML (NASDAQ:ASML) on 3/20/2025.
- Sold $1,001 – $15,000 in shares of Visa (NYSE:V) on 3/20/2025.
- Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 3/20/2025.
- Sold $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 3/20/2025.
Mastercard Price Performance
NYSE MA traded up $4.03 during midday trading on Friday, hitting $517.46. The company had a trading volume of 3,329,748 shares, compared to its average volume of 2,624,345. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 2.68. Mastercard Incorporated has a twelve month low of $428.86 and a twelve month high of $582.23. The firm has a 50-day moving average price of $538.81 and a 200-day moving average price of $528.64. The company has a market capitalization of $471.77 billion, a PE ratio of 37.25, a P/E/G ratio of 2.37 and a beta of 1.06.
Mastercard Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 9th. Stockholders of record on Wednesday, April 9th will be paid a dividend of $0.76 per share. This represents a $3.04 dividend on an annualized basis and a dividend yield of 0.59%. The ex-dividend date of this dividend is Wednesday, April 9th. Mastercard’s dividend payout ratio is currently 21.89%.
Wall Street Analysts Forecast Growth
Several equities analysts recently commented on the stock. Barclays increased their target price on shares of Mastercard from $595.00 to $650.00 and gave the company an “overweight” rating in a report on Monday, February 3rd. The Goldman Sachs Group reiterated a “buy” rating and set a $633.00 price target on shares of Mastercard in a research report on Wednesday, April 2nd. DZ Bank upgraded Mastercard from a “hold” rating to a “buy” rating and set a $620.00 price objective for the company in a report on Tuesday, February 4th. Macquarie increased their target price on Mastercard from $565.00 to $645.00 and gave the stock an “outperform” rating in a research note on Friday, January 31st. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Mastercard from $590.00 to $610.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. Six investment analysts have rated the stock with a hold rating, twenty-three have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $607.96.
View Our Latest Analysis on MA
Insider Buying and Selling
In other Mastercard news, insider Edward Grunde Mclaughlin sold 7,132 shares of the company’s stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of $534.68, for a total value of $3,813,337.76. Following the sale, the insider now owns 34,524 shares of the company’s stock, valued at approximately $18,459,292.32. This represents a 17.12 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Michael Miebach sold 15,775 shares of the stock in a transaction on Wednesday, March 26th. The shares were sold at an average price of $550.16, for a total value of $8,678,774.00. Following the sale, the chief executive officer now owns 84,871 shares in the company, valued at approximately $46,692,629.36. This trade represents a 15.67 % decrease in their position. The disclosure for this sale can be found here. 0.10% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Mastercard
Large investors have recently made changes to their positions in the stock. Cornerstone Wealth Management LLC raised its holdings in Mastercard by 2.2% in the 1st quarter. Cornerstone Wealth Management LLC now owns 4,533 shares of the credit services provider’s stock valued at $2,485,000 after buying an additional 99 shares during the period. Shepherd Financial Partners LLC boosted its stake in Mastercard by 5.3% in the first quarter. Shepherd Financial Partners LLC now owns 3,777 shares of the credit services provider’s stock valued at $2,070,000 after acquiring an additional 189 shares in the last quarter. Clarius Group LLC boosted its stake in shares of Mastercard by 15.2% during the first quarter. Clarius Group LLC now owns 8,829 shares of the credit services provider’s stock worth $4,839,000 after buying an additional 1,162 shares during the period. Hemenway Trust Co LLC raised its position in Mastercard by 1.4% during the 1st quarter. Hemenway Trust Co LLC now owns 101,380 shares of the credit services provider’s stock worth $55,569,000 after buying an additional 1,397 shares during the last quarter. Finally, Bell Bank boosted its holdings in shares of Mastercard by 7.1% in the first quarter. Bell Bank now owns 6,083 shares of the credit services provider’s stock valued at $3,334,000 after acquiring an additional 403 shares in the last quarter. 97.28% of the stock is currently owned by hedge funds and other institutional investors.
About Representative Westerman
Bruce Westerman (Republican Party) is a member of the U.S. House, representing Arkansas’ 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.
Westerman (Republican Party) is running for re-election to the U.S. House to represent Arkansas’ 4th Congressional District. He declared candidacy for the 2026 election.
Westerman earned his BSBAGE in biological and agricultural engineering from the University of Arkansas in 1990 and his MF in forestry from Yale University in 2001. His professional experience includes working as a plant engineer for Riceland Foods and an engineer/forester for Mid-South Engineering Company.
About Mastercard
Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. The company offers integrated products and value-added services for account holders, merchants, financial institutions, digital partners, businesses, governments, and other organizations, such as programs that enable issuers to provide consumers with credits to defer payments; payment products and solutions that allow its customers to access funds in deposit and other accounts; prepaid programs services; and commercial credit, debit, and prepaid payment products and solutions.
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