Marqeta, Inc. $MQ Shares Acquired by Teacher Retirement System of Texas

Teacher Retirement System of Texas boosted its stake in Marqeta, Inc. (NASDAQ:MQ) by 75.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 107,262 shares of the company’s stock after purchasing an additional 46,131 shares during the period. Teacher Retirement System of Texas’ holdings in Marqeta were worth $625,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in MQ. Price T Rowe Associates Inc. MD boosted its position in shares of Marqeta by 126.2% in the first quarter. Price T Rowe Associates Inc. MD now owns 41,097,173 shares of the company’s stock worth $169,322,000 after buying an additional 22,928,070 shares during the period. T. Rowe Price Investment Management Inc. lifted its position in Marqeta by 3.3% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 19,860,183 shares of the company’s stock worth $81,824,000 after acquiring an additional 631,132 shares in the last quarter. Invesco Ltd. boosted its holdings in Marqeta by 7.6% in the 1st quarter. Invesco Ltd. now owns 5,797,217 shares of the company’s stock worth $23,885,000 after acquiring an additional 411,571 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in Marqeta by 11.3% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 3,478,666 shares of the company’s stock worth $14,332,000 after acquiring an additional 351,794 shares during the period. Finally, Arnhold LLC grew its position in Marqeta by 11.6% in the second quarter. Arnhold LLC now owns 2,401,932 shares of the company’s stock valued at $14,003,000 after acquiring an additional 248,918 shares in the last quarter. 78.64% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Marqeta

In other Marqeta news, CRO Todd Pollak sold 116,493 shares of Marqeta stock in a transaction on Friday, August 15th. The shares were sold at an average price of $6.19, for a total value of $721,091.67. Following the completion of the transaction, the executive owned 364,525 shares of the company’s stock, valued at $2,256,409.75. The trade was a 24.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Jason M. Gardner sold 31,627 shares of the business’s stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $6.26, for a total transaction of $197,985.02. Following the sale, the director owned 15,367,373 shares of the company’s stock, valued at approximately $96,199,754.98. The trade was a 0.21% decrease in their position. The disclosure for this sale is available in the SEC filing. 12.61% of the stock is currently owned by company insiders.

Marqeta Stock Performance

Shares of Marqeta stock opened at $4.63 on Friday. The firm has a market cap of $2.08 billion, a PE ratio of -57.88 and a beta of 1.49. The firm’s 50-day simple moving average is $5.22 and its 200-day simple moving average is $5.39. Marqeta, Inc. has a 1 year low of $3.47 and a 1 year high of $7.04.

Marqeta (NASDAQ:MQ) last posted its quarterly earnings results on Wednesday, November 5th. The company reported ($0.01) EPS for the quarter, hitting analysts’ consensus estimates of ($0.01). Marqeta had a negative return on equity of 4.22% and a negative net margin of 6.74%.The business had revenue of $163.31 million during the quarter, compared to the consensus estimate of $148.37 million. During the same period last year, the firm earned ($0.06) earnings per share. The company’s revenue for the quarter was up 27.7% compared to the same quarter last year. Marqeta has set its Q4 2025 guidance at EPS. On average, equities analysts predict that Marqeta, Inc. will post 0.06 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Marqeta in a research report on Wednesday, October 8th. Zacks Research upgraded shares of Marqeta from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 22nd. Keefe, Bruyette & Woods lowered their target price on Marqeta from $6.50 to $6.00 and set a “market perform” rating for the company in a research note on Wednesday, October 1st. The Goldman Sachs Group set a $5.00 target price on Marqeta and gave the stock a “sell” rating in a research report on Monday, October 13th. Finally, Deutsche Bank Aktiengesellschaft began coverage on Marqeta in a report on Thursday, July 17th. They issued a “hold” rating and a $6.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Marqeta presently has a consensus rating of “Hold” and an average target price of $5.50.

Marqeta Profile

Marqeta, Inc operates a cloud-based open application programming interface platform that delivers card issuing and transaction processing services. It offers its solutions in various verticals, including financial services, on-demand services, expense management, and e-commerce enablement, as well as buy now, pay later.