Insider Selling: Mastercard (NYSE:MA) Director Sells $218,377.70 in Stock

Mastercard Incorporated (NYSE:MA) Director Julius Genachowski sold 370 shares of the firm’s stock in a transaction dated Monday, October 12th. The shares were sold at an average price of $590.21, for a total transaction of $218,377.70. Following the completion of the sale, the director owned 8,237 shares of the company’s stock, valued at $4,861,559.77. This trade represents a 4.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Friday, October 9th, Julius Genachowski sold 371 shares of Mastercard stock. The stock was sold at an average price of $585.01, for a total value of $217,038.71.

Mastercard Price Performance

Shares of NYSE MA opened at $616.36 on Friday. The business’s 50 day moving average price is $574.89 and its two-hundred day moving average price is $534.41. The company has a market cap of $539.93 billion, a PE ratio of 33.90, a price-to-earnings-growth ratio of 1.72 and a beta of 0.76. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 3.96. Mastercard Incorporated has a twelve month low of $464.52 and a twelve month high of $619.80.

Mastercard (NYSE:MA) last released its quarterly earnings data on Thursday, July 30th. The credit services provider reported $5.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.77 by $0.27. Mastercard had a return on equity of 239.99% and a net margin of 46.34%. The firm had revenue of $9.28 billion for the quarter, compared to analyst estimates of $9.08 billion. During the same quarter in the prior year, the company earned $4.15 earnings per share. The business’s revenue for the quarter was up 14.1% compared to the same quarter last year. On average, analysts predict that Mastercard Incorporated will post 19.90 EPS for the current year.

Mastercard Announces Dividend

The firm also recently announced 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 dividend on an annualized basis and a dividend yield of 0.6%. Mastercard’s payout ratio is presently 19.14%.

Key Stories Impacting Mastercard

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard and BVNK launched the Global Money Platform, a single-API infrastructure service enabling banks, fintechs and businesses to hold, convert and spend traditional currencies and stablecoins. The product is the first major integration since Mastercard acquired BVNK for $1.8 billion and could expand Mastercard’s role in cross-border payments, digital assets and enterprise settlement. Mastercard and BVNK launch Global Money Platform
• Positive Sentiment: Technical coverage said MA moved into a buy zone after extending its longest winning streak since 2023 and passing a key buy point. Momentum-focused investors may view the move toward record highs as confirmation of a potential longer-term breakout. Mastercard technical momentum analysis
• Positive Sentiment: Analyst coverage remains broadly bullish, with Mastercard receiving a consensus “Moderate Buy” rating and a target price above its recent trading level. Recent quarterly results also exceeded earnings and revenue expectations, supporting confidence in the company’s growth outlook. Wall Street views on Mastercard
• Neutral Sentiment: Director Julius Genachowski sold Mastercard shares under a pre-arranged Rule 10b5-1 trading plan. The transaction modestly reduced his holdings but is less significant as a discretionary bearish signal because it was scheduled in advance. Mastercard director stock sale

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on MA shares. Robert W. Baird increased their price target on Mastercard from $660.00 to $710.00 and gave the company an “outperform” rating in a research note on Friday, October 9th. President Capital lifted their price objective on shares of Mastercard from $693.00 to $729.00 and gave the stock a “buy” rating in a research report on Monday, August 17th. BMO Capital Markets reaffirmed an “outperform” rating and set a $665.00 price objective on shares of Mastercard in a research report on Thursday. Weiss Ratings upgraded shares of Mastercard from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, October 2nd. Finally, Evercore increased their price objective on shares of Mastercard from $550.00 to $620.00 in a research report on Friday, July 31st. Two investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $682.66.

Hedge Funds Weigh In On Mastercard

Several institutional investors and hedge funds have recently made changes to their positions in MA. Foster Group Inc. lifted its holdings in Mastercard by 0.9% during the 3rd quarter. Foster Group Inc. now owns 2,122 shares of the credit services provider’s stock worth $1,170,000 after purchasing an additional 18 shares during the last quarter. Athena Wealth Management LLC boosted its stake in Mastercard by 3.8% in the 2nd quarter. Athena Wealth Management LLC now owns 514 shares of the credit services provider’s stock valued at $264,000 after purchasing an additional 19 shares during the period. Novem Group grew its holdings in Mastercard by 0.4% in the 2nd quarter. Novem Group now owns 4,680 shares of the credit services provider’s stock valued at $2,404,000 after buying an additional 19 shares in the last quarter. Vista Capital Partners Inc. grew its holdings in Mastercard by 4.5% in the 2nd quarter. Vista Capital Partners Inc. now owns 444 shares of the credit services provider’s stock valued at $228,000 after buying an additional 19 shares in the last quarter. Finally, Brandywine Oak Private Wealth LLC grew its holdings in Mastercard by 0.7% in the 1st quarter. Brandywine Oak Private Wealth LLC now owns 2,842 shares of the credit services provider’s stock valued at $1,420,000 after buying an additional 20 shares in the last quarter. Institutional investors and hedge funds own 97.28% of the company’s stock.

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.