Integrity Alliance LLC. raised its stake in Mastercard Incorporated (NYSE:MA – Free Report) by 7.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,197 shares of the credit services provider’s stock after purchasing an additional 1,023 shares during the period. Integrity Alliance LLC.’s holdings in Mastercard were worth $7,829,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Integrity Advisory Solutions LLC raised its holdings in Mastercard by 37.7% in the 3rd quarter. Integrity Advisory Solutions LLC now owns 1,667 shares of the credit services provider’s stock valued at $920,000 after acquiring an additional 456 shares in the last quarter. Reston Wealth Management LLC bought a new stake in shares of Mastercard in the 3rd quarter worth approximately $223,000. Heathbridge Capital Management Ltd. acquired a new stake in shares of Mastercard during the 3rd quarter worth approximately $207,000. First Nebraska Trust Co acquired a new stake in shares of Mastercard during the 3rd quarter worth approximately $2,209,000. Finally, IPG Investment Advisors LLC grew its holdings in shares of Mastercard by 3.1% during the 3rd quarter. IPG Investment Advisors LLC now owns 7,139 shares of the credit services provider’s stock worth $3,937,000 after purchasing an additional 214 shares in the last quarter. 97.28% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at Mastercard
In related news, insider Sachin Mehra sold 7,444 shares of the firm’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $577.13, for a total transaction of $4,296,155.72. Following the completion of the sale, the insider directly owned 40,916 shares of the company’s stock, valued at $23,613,851.08. This trade represents a 15.39% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Ling Hai sold 4,318 shares of Mastercard stock in a transaction on Friday, October 30th. The shares were sold at an average price of $642.43, for a total value of $2,774,012.74. Following the completion of the transaction, the chief financial officer owned 35,750 shares of the company’s stock, valued at approximately $22,966,872.50. The trade was a 10.78% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 25,403 shares of company stock valued at $15,428,736 in the last three months. 0.09% of the stock is owned by corporate insiders.
Wall Street Analysts Forecast Growth
A number of research analysts recently commented on the company. Loop Capital upped their target price on Mastercard from $631.00 to $647.00 and gave the company a “buy” rating in a research note on Friday, July 31st. TD Cowen raised their target price on Mastercard from $667.00 to $726.00 and gave the stock a “buy” rating in a research report on Friday, October 30th. Weiss Ratings upgraded shares of Mastercard from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, October 2nd. Barclays boosted their price target on shares of Mastercard from $660.00 to $700.00 and gave the company an “overweight” rating in a report on Friday, October 30th. Finally, Bank of America increased their price objective on shares of Mastercard from $700.00 to $735.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Two equities research 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, the company presently has an average rating of “Moderate Buy” and a consensus price target of $702.91.
Check Out Our Latest Stock Report on Mastercard
Mastercard Trading Down 1.7%
Shares of MA stock opened at $647.13 on Wednesday. Mastercard Incorporated has a 12-month low of $464.52 and a 12-month high of $661.34. The company has a market capitalization of $566.89 billion, a P/E ratio of 33.85, a P/E/G ratio of 1.86 and a beta of 0.78. The firm has a 50-day moving average price of $589.30 and a 200 day moving average price of $537.28. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 3.29.
Mastercard (NYSE:MA – Get Free Report) last issued its quarterly earnings data on Thursday, October 29th. The credit services provider reported $5.31 earnings per share for the quarter, topping the consensus estimate of $5.17 by $0.14. The firm had revenue of $9.81 billion for the quarter, compared to analysts’ expectations of $9.66 billion. Mastercard had a net margin of 46.73% and a return on equity of 260.86%. The company’s quarterly revenue was up 14.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.38 earnings per share. Research analysts forecast that Mastercard Incorporated will post 19.99 earnings per share for the current fiscal year.
Mastercard Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Friday, October 9th will be paid a $0.87 dividend. The ex-dividend date is Friday, October 9th. This represents a $3.48 dividend on an annualized basis and a dividend yield of 0.5%. Mastercard’s payout ratio is 18.20%.
More Mastercard News
Here are the key news stories impacting Mastercard this week:
- Positive Sentiment: Mastercard reported third-quarter revenue of $9.81 billion, up 14% year over year, and earnings per share of $5.31, exceeding analyst expectations. Management cited broad growth across its payments network and value-added services. Q3 results and growth drivers
- Positive Sentiment: Mastercard is expanding its agentic-commerce and cross-border payments efforts through partnerships with OpenAI and Tencent, including plans to deepen remittance ties and enable overseas wallets to pay at participating QR merchants in China. These initiatives could broaden payment volume and acceptance over time. OpenAI and Tencent partnerships Tencent payment and remittance plans
- Positive Sentiment: Several analysts raised their price targets after the earnings report, including UBS to $750 and Cantor Fitzgerald to $765, reflecting confidence in Mastercard’s growth outlook. Cantor Fitzgerald target increase
- Neutral Sentiment: Mastercard introduced free cybersecurity lessons for European small and midsize businesses. The program may strengthen customer relationships and resilience, though its direct financial impact is unclear. Cybersecurity lessons for SMEs
- Negative Sentiment: CFO Ling Hai sold roughly 8,635 shares across two transactions, reducing his stake by about 10.8%. The sales were made under a pre-arranged Rule 10b5-1 plan, which can temper concerns that they reflect a fresh view on the company. SEC filing on CFO share sales
Mastercard 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 electronic payments and provides technology that supports transactions conducted through credit, debit, prepaid and commercial payment products.
In addition to operating its payments network, Mastercard offers services in areas such as payment security, fraud prevention, authentication, cybersecurity, data and analytics, loyalty programs, digital identity and open banking.
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