Mastercard (NYSE:MA) Insider Sells $2,534,700.00 in Stock

Mastercard Incorporated (NYSE:MA) insider Raj Seshadri sold 4,828 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $525.00, for a total value of $2,534,700.00. Following the completion of the sale, the insider directly owned 16,429 shares of the company’s stock, valued at approximately $8,625,225. This represents a 22.71% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Raj Seshadri also recently made the following trade(s):

• On Thursday, July 2nd, Raj Seshadri sold 1,977 shares of Mastercard stock. The stock was sold at an average price of $529.73, for a total transaction of $1,047,276.21.

Mastercard Trading Down 0.1%

Shares of MA opened at $539.00 on Friday. Mastercard Incorporated has a fifty-two week low of $464.52 and a fifty-two week high of $601.77. The firm has a market cap of $476.25 billion, a price-to-earnings ratio of 31.19, a PEG ratio of 1.68 and a beta of 0.73. The firm has a 50 day moving average price of $497.92 and a 200-day moving average price of $518.96. The company has a debt-to-equity ratio of 2.56, a quick ratio of 0.98 and a current ratio of 0.98.

Mastercard (NYSE:MA) last released its earnings results on Thursday, April 30th. The credit services provider reported $4.60 EPS for the quarter, beating the consensus estimate of $4.41 by $0.19. The company had revenue of $8.40 billion for the quarter, compared to analyst estimates of $8.26 billion. Mastercard had a net margin of 45.88% and a return on equity of 212.96%. The firm’s quarterly revenue was up 15.8% compared to the same quarter last year. During the same quarter last year, the firm earned $3.73 EPS. As a group, equities research analysts forecast that Mastercard Incorporated will post 19.61 earnings per share for the current year.

Mastercard Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 7th. Stockholders of record on Thursday, July 9th will be paid a dividend of $0.87 per share. This represents a $3.48 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, July 9th. Mastercard’s dividend payout ratio (DPR) is 20.14%.

Institutional Investors Weigh In On Mastercard

A number of large investors have recently made changes to their positions in MA. Brighton Jones LLC raised its holdings in Mastercard by 42.3% in the 4th quarter. Brighton Jones LLC now owns 6,824 shares of the credit services provider’s stock worth $3,594,000 after purchasing an additional 2,028 shares in the last quarter. Schnieders Capital Management LLC. boosted its stake in shares of Mastercard by 8.5% during the 2nd quarter. Schnieders Capital Management LLC. now owns 2,548 shares of the credit services provider’s stock valued at $1,432,000 after purchasing an additional 200 shares in the last quarter. Betterment LLC increased its position in shares of Mastercard by 6.5% during the second quarter. Betterment LLC now owns 947 shares of the credit services provider’s stock valued at $532,000 after buying an additional 58 shares during the period. Worldquant Millennium Advisors LLC increased its position in shares of Mastercard by 35.8% during the second quarter. Worldquant Millennium Advisors LLC now owns 677,204 shares of the credit services provider’s stock valued at $380,548,000 after buying an additional 178,387 shares during the period. Finally, Darwin Wealth Management LLC bought a new position in Mastercard in the second quarter worth about $431,000. 97.28% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Morgan Stanley reissued an “overweight” rating and issued a $679.00 target price on shares of Mastercard in a research note on Friday, May 1st. Dbs Bank raised Mastercard to a “moderate buy” rating in a research note on Friday, March 27th. Loop Capital reaffirmed a “buy” rating and issued a $631.00 target price on shares of Mastercard in a research note on Wednesday, June 3rd. Tigress Financial upped their price target on shares of Mastercard from $730.00 to $735.00 and gave the company a “strong-buy” rating in a report on Friday, March 13th. Finally, Citigroup dropped their price target on shares of Mastercard from $735.00 to $675.00 and set a “buy” rating for the company in a research report on Tuesday, April 14th. Seven analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $653.81.

Trending Headlines about Mastercard

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard announced new partnerships to expand digital and inclusive financial services, including a collaboration with VEON across Ukraine, Kazakhstan, Pakistan and Uzbekistan. That supports the company’s international growth strategy and could increase future network usage and transaction volume. VEON and Mastercard Join Forces to Accelerate Accessibility of Financial Services
• Positive Sentiment: Mastercard also said integrated payment systems could add meaningful tourism revenue, reinforcing the company’s role as a beneficiary of cross-border spending and digital payments adoption. Integrated payment systems could add €300 in annual tourism revenue – MasterCard
• Positive Sentiment: ZEN.COM launched Mastercard Click to Pay, reflecting rising demand for simpler online checkout experiences and another sign that Mastercard’s payment rails remain widely adopted by merchants and consumers. ZEN.COM Launches Mastercard Click to Pay as Consumer Demand for Simpler Online Payments Grows
• Positive Sentiment: Several articles highlighted Mastercard’s strong earnings track record and suggested it could beat estimates again next quarter, which can support investor confidence ahead of the next report. Will MasterCard (MA) Beat Estimates Again in Its Next Earnings Report?
• Neutral Sentiment: MarketBeat’s week-in-review coverage framed Mastercard as a steady, high-quality payments name, but it did not introduce any new company-specific catalyst beyond broader investor interest in defensive growth stocks. MarketBeat Week in Review – 06/29 – 07/03
• Neutral Sentiment: Recent commentary on stablecoins and payments competition suggests the industry is evolving, but the articles generally portray Mastercard as well-positioned rather than under direct pressure. Is Mastercard (MA) Trading At A Premium Despite Stablecoin Moves?
• Negative Sentiment: Insider Raj Seshadri sold shares on two separate days under a pre-arranged 10b5-1 plan. While not necessarily a bearish signal on fundamentals, insider sales can still weigh on sentiment around the stock. SEC filing for insider sale

Mastercard Company Profile

Mastercard Incorporated is a global payments technology company that operates a network connecting consumers, financial institutions, merchants, governments and businesses in more than 200 countries and territories. The company facilitates electronic payments and transaction processing for credit, debit and prepaid card products carrying the Mastercard brand, while also providing a range of payment-related services to issuers, acquirers and merchants. Its technology and network enable authorization, clearing and settlement of payments and support a broad set of use cases including point-of-sale, e-commerce and mobile payments.

Beyond core transaction processing, Mastercard offers a suite of value-added services such as fraud and risk management, identity and authentication tools, tokenization and digital wallet support, cross-border and commercial payment solutions, and data analytics and consulting services for merchants and financial partners.