Mastercard (NYSE:MA) Stock: Insider Julius Genachowski Sells 370 Shares

Mastercard Incorporated (NYSE:MA) Director Julius Genachowski sold 370 shares of the business’s stock in a transaction that occurred on Monday, October 12th. The shares were sold at an average price of $590.21, for a total transaction of $218,377.70. Following 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 document filed with the SEC, which can be accessed through this link. 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 shares were sold at an average price of $585.01, for a total transaction of $217,038.71.

Mastercard Stock Performance

MA stock traded up $9.86 during midday trading on Tuesday, reaching $604.95. 3,661,370 shares of the company’s stock traded hands, compared to its average volume of 3,513,559. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 3.96. Mastercard Incorporated has a 52-week low of $464.52 and a 52-week high of $605.60. The stock has a market cap of $529.94 billion, a P/E ratio of 33.28, a PEG ratio of 1.68 and a beta of 0.76. The stock’s 50-day moving average is $572.76 and its 200 day moving average is $532.04.

Mastercard (NYSE:MA) last issued its quarterly earnings results on Thursday, July 30th. The credit services provider reported $5.04 earnings per share for the quarter, topping the consensus estimate of $4.77 by $0.27. The business had revenue of $9.28 billion for the quarter, compared to analysts’ expectations of $9.08 billion. Mastercard had a net margin of 46.34% and a return on equity of 239.99%. The company’s revenue was up 14.1% compared to the same quarter last year. During the same quarter last year, the company posted $4.15 EPS. As a group, analysts anticipate that Mastercard Incorporated will post 19.90 EPS for the current year.

Mastercard Announces Dividend

The business also recently disclosed 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. This represents a $3.48 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Friday, October 9th. Mastercard’s dividend payout ratio is 19.14%.

More Mastercard News

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Analysts expect Mastercard’s upcoming third-quarter report to show double-digit earnings growth. The company’s latest quarter already exceeded consensus estimates for both earnings and revenue, supporting expectations for continued operating momentum. Here’s What to Expect From Mastercard Incorporated’s Next Earnings Report
• Positive Sentiment: Mastercard launched a stablecoin on Solana for cross-border payments and is reportedly pursuing additional stablecoin-related opportunities. These initiatives could strengthen its position in faster digital settlement and blockchain-based payments. Mastercard Launches Open USD Stablecoin on Solana for Cross-Border Payments
• Positive Sentiment: The company announced an Africa Cybersecurity Center of Excellence and a cyber-resilience initiative, while its partnership with WEX is creating a unified fleet-payments network across Asia-Pacific. The programs expand Mastercard’s commercial, security and emerging-market payment opportunities. Why Is Mastercard Expanding Into Africa Cybersecurity and Asia Pacific Fleet Payments?
• Positive Sentiment: Mastercard remains included among leading mobile-payments stocks as digital wallets account for a growing share of global online spending. Its crypto-backed card partnership in Mexico also connects digital assets with Mastercard’s existing payment rails. Top Mobile Payments Stocks to Buy as Digital Wallet Adoption Soars
• Neutral Sentiment: Visa’s progress toward establishing a domestic bankcard-clearing institution in China highlights growth potential in the market, but also underscores competitive pressure for Mastercard. Visa Stock Has Caught Wall Street’s Attention
• Negative Sentiment: Mastercard and Visa face a £700 million U.K. class-action claim related to post-Brexit fees. Although the financial impact remains uncertain, the litigation creates a regulatory and potential liability overhang. Visa and Mastercard Face £700m Class Action

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Bank of America lifted their target price on Mastercard from $700.00 to $735.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Piper Sandler boosted their price target on Mastercard from $597.00 to $710.00 and gave the company an “overweight” rating in a report on Friday, July 31st. Barclays upped their price target on Mastercard from $640.00 to $660.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Royal Bank Of Canada raised their price objective on Mastercard from $642.00 to $696.00 and gave the stock an “outperform” rating in a research note on Monday, August 31st. Finally, Raymond James Financial reaffirmed an “outperform” rating and issued a $632.00 price objective (up from $609.00) on shares of Mastercard in a research note on Friday, July 31st. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Mastercard currently has an average rating of “Moderate Buy” and a consensus price target of $681.56.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. State Street Corp raised its position in shares of Mastercard by 1.3% during the second quarter. State Street Corp now owns 36,964,305 shares of the credit services provider’s stock valued at $18,984,867,000 after buying an additional 486,283 shares during the last quarter. Jennison Associates LLC boosted its position in shares of Mastercard by 10.4% during the first quarter. Jennison Associates LLC now owns 5,123,041 shares of the credit services provider’s stock worth $2,559,779,000 after acquiring an additional 480,725 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Mastercard by 1.0% during the first quarter. Dimensional Fund Advisors LP now owns 4,225,359 shares of the credit services provider’s stock worth $2,111,216,000 after acquiring an additional 42,871 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its stake in Mastercard by 17.8% during the first quarter. Arrowstreet Capital Limited Partnership now owns 3,666,018 shares of the credit services provider’s stock valued at $1,831,763,000 after acquiring an additional 554,366 shares in the last quarter. Finally, Amundi grew its stake in Mastercard by 5.8% during the second quarter. Amundi now owns 3,626,416 shares of the credit services provider’s stock valued at $1,862,527,000 after acquiring an additional 199,424 shares in the last quarter. Institutional investors own 97.28% of the company’s stock.

About Mastercard

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.