Mastercard (NYSE:MA) Director Sells $217,038.71 in Stock

Mastercard Incorporated (NYSE:MA) Director Julius Genachowski sold 371 shares of the stock in a transaction that occurred on Friday, October 9th. The stock was sold at an average price of $585.01, for a total value of $217,038.71. Following the completion of the transaction, the director owned 8,607 shares in the company, valued at approximately $5,035,181.07. The trade was a 4.13% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at 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 Monday, October 12th, Julius Genachowski sold 370 shares of Mastercard stock. The shares were sold at an average price of $590.21, for a total value of $218,377.70.

Mastercard Trading Up 2.2%

NYSE MA opened at $616.36 on Friday. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 3.96. The business has a fifty day simple moving average of $574.89 and a 200 day simple moving average of $534.41. Mastercard Incorporated has a 12 month low of $464.52 and a 12 month high of $619.80. The firm has a market capitalization of $539.93 billion, a P/E ratio of 33.90, a PEG ratio of 1.72 and a beta of 0.76.

Mastercard (NYSE:MA) last posted its quarterly earnings data on Thursday, July 30th. The credit services provider reported $5.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.77 by $0.27. Mastercard had a net margin of 46.34% and a return on equity of 239.99%. The firm had revenue of $9.28 billion for the quarter, compared to the consensus estimate of $9.08 billion. During the same period in the previous year, the firm earned $4.15 EPS. The business’s revenue for the quarter was up 14.1% compared to the same quarter last year. On average, analysts predict that Mastercard Incorporated will post 19.90 EPS for the current fiscal year.

Mastercard Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Friday, October 9th will be given 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 Friday, October 9th. Mastercard’s dividend payout ratio (DPR) is presently 19.14%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on MA. BMO Capital Markets reaffirmed an “outperform” rating and issued a $665.00 price objective on shares of Mastercard in a research report on Thursday. Wolfe Research increased their price objective on shares of Mastercard from $680.00 to $740.00 and gave the company an “outperform” rating in a research note on Tuesday, August 25th. Daiwa Securities Group lifted their target price on shares of Mastercard from $580.00 to $650.00 and gave the stock an “outperform” rating in a research report on Thursday, August 6th. Loop Capital boosted their target price on Mastercard from $631.00 to $647.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Finally, KeyCorp boosted their target price on Mastercard from $670.00 to $680.00 and gave the stock an “overweight” rating in a research note on Friday, July 31st. Two analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $682.66.

Mastercard News Roundup

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard and BVNK launched the Global Money Platform, a single-API infrastructure service enabling banks, fintechs and businesses to hold, convert and spend traditional currencies and stablecoins. The product is the first major integration since Mastercard acquired BVNK for $1.8 billion and could expand Mastercard’s role in cross-border payments, digital assets and enterprise settlement. Mastercard and BVNK launch Global Money Platform
• Positive Sentiment: Technical coverage said MA moved into a buy zone after extending its longest winning streak since 2023 and passing a key buy point. Momentum-focused investors may view the move toward record highs as confirmation of a potential longer-term breakout. Mastercard technical momentum analysis
• Positive Sentiment: Analyst coverage remains broadly bullish, with Mastercard receiving a consensus “Moderate Buy” rating and a target price above its recent trading level. Recent quarterly results also exceeded earnings and revenue expectations, supporting confidence in the company’s growth outlook. Wall Street views on Mastercard
• Neutral Sentiment: Director Julius Genachowski sold Mastercard shares under a pre-arranged Rule 10b5-1 trading plan. The transaction modestly reduced his holdings but is less significant as a discretionary bearish signal because it was scheduled in advance. Mastercard director stock sale

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. State Street Corp lifted its stake in Mastercard by 1.3% in 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 purchasing an additional 486,283 shares during the last quarter. Jennison Associates LLC increased its position in Mastercard by 10.4% in 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 buying an additional 480,725 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Mastercard by 1.0% in 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 buying an additional 42,871 shares during the last quarter. Amundi increased its position in Mastercard by 5.8% in the second quarter. Amundi now owns 3,626,416 shares of the credit services provider’s stock worth $1,862,527,000 after buying an additional 199,424 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its stake in shares of Mastercard by 17.8% in 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 buying an additional 554,366 shares during the period. 97.28% of the stock is currently owned by hedge funds and other institutional investors.

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.