Mastercard Incorporated $MA Stock Sold by Midland Wealth Advisors LLC

Midland Wealth Advisors LLC reduced its stake in Mastercard Incorporated (NYSE:MA) by 73.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 364 shares of the credit services provider’s stock after selling 985 shares during the period. Midland Wealth Advisors LLC’s holdings in Mastercard were worth $201,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of MA. Atlatl Advisers LLC raised its holdings in Mastercard by 2.8% in the 3rd quarter. Atlatl Advisers LLC now owns 586 shares of the credit services provider’s stock valued at $323,000 after acquiring an additional 16 shares during the period. Foster Group Inc. boosted its holdings in shares of Mastercard by 0.9% during the third quarter. Foster Group Inc. now owns 2,122 shares of the credit services provider’s stock worth $1,170,000 after acquiring an additional 18 shares during the period. Athena Wealth Management LLC boosted its holdings in shares of Mastercard by 3.8% during the second quarter. Athena Wealth Management LLC now owns 514 shares of the credit services provider’s stock worth $264,000 after acquiring an additional 19 shares during the period. Novem Group boosted its holdings in shares of Mastercard by 0.4% during the second quarter. Novem Group now owns 4,680 shares of the credit services provider’s stock worth $2,404,000 after acquiring an additional 19 shares during the period. Finally, Vista Capital Partners Inc. grew its position in shares of Mastercard by 4.5% in the second quarter. Vista Capital Partners Inc. now owns 444 shares of the credit services provider’s stock valued at $228,000 after purchasing an additional 19 shares during the last quarter. 97.28% of the stock is owned by institutional investors.

Mastercard Stock Down 0.5%

Shares of NYSE MA opened at $610.18 on Wednesday. The business has a fifty day moving average price of $583.54 and a two-hundred day moving average price of $535.40. Mastercard Incorporated has a fifty-two week low of $464.52 and a fifty-two week high of $633.29.

Mastercard (NYSE:MA) last released its earnings results on Thursday, July 30th. The credit services provider reported $5.04 earnings per share for the quarter, beating analysts’ consensus estimates of $4.77 by $0.27. The company had revenue of $9.28 billion for the quarter, compared to the consensus estimate of $9.08 billion. The business’s revenue was up 14.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.15 earnings per share. As a group, equities analysts anticipate that Mastercard Incorporated will post 19.91 EPS for the current fiscal year.

Mastercard Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Friday, October 9th will be paid a $0.87 dividend. This represents a $3.48 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Friday, October 9th.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on MA shares. BMO Capital Markets reiterated an “outperform” rating and set a $665.00 target price on shares of Mastercard in a research note on Thursday, October 15th. Piper Sandler upped their price objective on Mastercard from $597.00 to $710.00 and gave the company an “overweight” rating in a report on Friday, July 31st. The Goldman Sachs Group reiterated a “buy” rating and set a $701.00 price objective (up from $674.00) on shares of Mastercard in a research report on Thursday, July 30th. Robert W. Baird lifted their target price on Mastercard from $660.00 to $710.00 and gave the stock an “outperform” rating in a report on Friday, October 9th. Finally, Dbs Bank raised shares of Mastercard to a “moderate buy” rating in a research report on Friday, August 21st. Two investment 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 issued a Sell rating to the stock. According to data from MarketBeat, Mastercard presently has a consensus rating of “Moderate Buy” and an average target price of $683.94.

Key Stories Impacting Mastercard

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Analysts expect Mastercard to benefit from strong cross-border transaction activity, growth in value-added services and resilient payment volumes. These trends support the possibility of another earnings beat, building on the company’s previous quarter in which revenue and adjusted earnings exceeded consensus estimates. Mastercard Looks Poised for a Q3 Earnings Beat: Time to Buy?
• Positive Sentiment: Mastercard’s Global Money Platform, which supports stablecoin-related payments, could expand its role in remittances and transactions involving less commonly traded currency pairs. The company is also pursuing embedded B2B payments, fraud-prevention services and potential AI-agent commerce, creating additional long-term growth opportunities. The stablecoin sandwich: Why speeding up payments isn’t so simple
• Positive Sentiment: New initiatives with MrBeast’s Beast Industries, Tech Mahindra and regional partners broaden Mastercard’s consumer, creator and corporate-payment reach. Investors may view these partnerships as supportive of card issuance, transaction growth and future services revenue. Mastercard Launches Creator Card Project With MrBeast
• Neutral Sentiment: Mastercard has recently delivered an approximately 8.1% 30-day share-price return and trades at a premium valuation, making the upcoming earnings report and management guidance especially important. Strong results could support the shares, while merely in-line performance may prompt profit-taking. Mastercard After Stablecoin Platform Launch And Earnings Hype
• Negative Sentiment: Mastercard and Visa face potential UK class actions seeking roughly £5 billion in compensation for alleged excessive card-payment interchange fees. Although the outcome and ultimate financial impact remain uncertain, the litigation adds regulatory and headline risk to Mastercard’s outlook. Visa, Mastercard Face Potential £5 Billion UK Class Actions

Insiders Place Their Bets

In other Mastercard news, CFO Ling Hai sold 4,317 shares of the firm’s stock in a transaction dated Friday, October 16th. The shares were sold at an average price of $620.00, for a total value of $2,676,540.00. Following the transaction, the chief financial officer directly owned 35,750 shares of the company’s stock, valued at $22,165,000. This trade represents a 10.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Julius Genachowski sold 371 shares of the firm’s stock in a transaction dated Friday, October 9th. The shares were sold at an average price of $585.01, for a total transaction of $217,038.71. Following the completion of the transaction, the director directly owned 8,607 shares in the company, valued at approximately $5,035,181.07. This represents a 4.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 72,676 shares of company stock valued at $41,966,586 over the last 90 days. 0.09% of the stock is owned by company insiders.

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.