Mastercard (NYSE:MA) Shares Unloaded Rep. Robert Bresnahan, Jr.

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Mastercard Incorporated (NYSE:MA). In a filing disclosed on February 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Mastercard stock on January 13th. The trade occurred in the Representative’s “JOINT OWNERSHIP LPL ACCOUNT” account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of Lowe’s Companies (NYSE:LOW) on 2/7/2025.
• Purchased $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 2/3/2025.
• Purchased $1,001 – $15,000 in shares of Take-Two Interactive Software (NASDAQ:TTWO) on 2/3/2025.
• Purchased $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 2/3/2025.
• Purchased $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 1/30/2025.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 1/30/2025.
• Sold $1,001 – $15,000 in shares of Robinhood Markets (NASDAQ:HOOD) on 1/29/2025.
• Sold $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 1/29/2025.
• Sold $1,001 – $15,000 in shares of Manhattan Associates (NASDAQ:MANH) on 1/29/2025.
• Sold $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 1/29/2025.

Mastercard Price Performance

Shares of NYSE MA opened at $564.77 on Friday. Mastercard Incorporated has a twelve month low of $428.86 and a twelve month high of $576.94. The company has a market capitalization of $518.36 billion, a PE ratio of 40.66, a PEG ratio of 2.37 and a beta of 1.10. The stock’s 50 day moving average price is $535.49 and its 200-day moving average price is $509.54. The company has a quick ratio of 1.29, a current ratio of 1.03 and a debt-to-equity ratio of 2.68.

Mastercard (NYSE:MA) last posted its quarterly earnings results on Thursday, January 30th. The credit services provider reported $3.82 EPS for the quarter, topping analysts’ consensus estimates of $3.71 by $0.11. Mastercard had a return on equity of 188.47% and a net margin of 45.71%. On average, equities analysts anticipate that Mastercard Incorporated will post 15.98 EPS for the current year.

Mastercard announced that its board has initiated a stock buyback program on Tuesday, December 17th that permits the company to repurchase $12.00 billion in shares. This repurchase authorization permits the credit services provider to buy up to 2.5% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s board of directors believes its stock is undervalued.

Mastercard Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 9th. Shareholders of record on Wednesday, April 9th will be issued a $0.76 dividend. The ex-dividend date is Wednesday, April 9th. This represents a $3.04 annualized dividend and a yield of 0.54%. Mastercard’s payout ratio is currently 21.89%.

Wall Street Analyst Weigh In

MA has been the topic of several research reports. Raymond James reissued an “outperform” rating and set a $640.00 price target (up from $614.00) on shares of Mastercard in a research note on Friday, January 31st. BMO Capital Markets raised their price objective on shares of Mastercard from $550.00 to $565.00 and gave the stock an “outperform” rating in a report on Thursday, November 14th. UBS Group increased their price target on shares of Mastercard from $600.00 to $660.00 and gave the stock a “buy” rating in a research note on Friday, January 31st. Citigroup lifted their price objective on Mastercard from $584.00 to $650.00 and gave the company a “buy” rating in a research note on Friday, January 31st. Finally, Seaport Res Ptn lowered shares of Mastercard from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 14th. Four equities research analysts have rated the stock with a hold rating, twenty-four have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, Mastercard currently has a consensus rating of “Moderate Buy” and an average price target of $606.11.

Hedge Funds Weigh In On Mastercard

A number of large investors have recently modified their holdings of MA. Gallagher Fiduciary Advisors LLC raised its holdings in Mastercard by 16.1% during the fourth quarter. Gallagher Fiduciary Advisors LLC now owns 1,411 shares of the credit services provider’s stock worth $743,000 after purchasing an additional 196 shares during the last quarter. Pennington Partners & CO. LLC purchased a new stake in shares of Mastercard in the fourth quarter valued at $494,000. Cypress Advisory Group LLC acquired a new position in shares of Mastercard during the 4th quarter valued at about $1,147,000. Itau Unibanco Holding S.A. lifted its holdings in shares of Mastercard by 338.8% during the 4th quarter. Itau Unibanco Holding S.A. now owns 860 shares of the credit services provider’s stock worth $453,000 after acquiring an additional 664 shares during the period. Finally, Keel Point LLC boosted its holdings in shares of Mastercard by 8.7% in the 4th quarter. Keel Point LLC now owns 4,492 shares of the credit services provider’s stock valued at $2,365,000 after purchasing an additional 359 shares during the last quarter. 97.28% of the stock is owned by hedge funds and other institutional investors.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.

Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

Mastercard Company Profile

Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. The company offers integrated products and value-added services for account holders, merchants, financial institutions, digital partners, businesses, governments, and other organizations, such as programs that enable issuers to provide consumers with credits to defer payments; payment products and solutions that allow its customers to access funds in deposit and other accounts; prepaid programs services; and commercial credit, debit, and prepaid payment products and solutions.