Insider Selling: Mastercard Inc (NYSE:MA) Major Shareholder Sells $4,323,033.40 in Stock

Mastercard Inc (NYSE:MA) major shareholder Foundation Mastercard sold 15,890 shares of the firm’s stock in a transaction on Tuesday, August 13th. The stock was sold at an average price of $272.06, for a total value of $4,323,033.40. Following the completion of the transaction, the insider now owns 112,030,712 shares in the company, valued at $30,479,075,506.72. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Foundation Mastercard also recently made the following trade(s):

  • On Friday, August 9th, Foundation Mastercard sold 23,850 shares of Mastercard stock. The stock was sold at an average price of $271.42, for a total value of $6,473,367.00.
  • On Friday, August 2nd, Foundation Mastercard sold 7,950 shares of Mastercard stock. The stock was sold at an average price of $268.46, for a total value of $2,134,257.00.
  • On Tuesday, August 6th, Foundation Mastercard sold 15,900 shares of Mastercard stock. The stock was sold at an average price of $265.31, for a total value of $4,218,429.00.
  • On Monday, July 29th, Foundation Mastercard sold 7,950 shares of Mastercard stock. The stock was sold at an average price of $281.81, for a total value of $2,240,389.50.
  • On Wednesday, July 31st, Foundation Mastercard sold 23,850 shares of Mastercard stock. The stock was sold at an average price of $279.47, for a total value of $6,665,359.50.
  • On Friday, July 26th, Foundation Mastercard sold 7,950 shares of Mastercard stock. The stock was sold at an average price of $281.12, for a total value of $2,234,904.00.
  • On Wednesday, July 24th, Foundation Mastercard sold 7,950 shares of Mastercard stock. The stock was sold at an average price of $277.32, for a total value of $2,204,694.00.
  • On Monday, July 22nd, Foundation Mastercard sold 7,950 shares of Mastercard stock. The stock was sold at an average price of $277.47, for a total value of $2,205,886.50.
  • On Thursday, July 18th, Foundation Mastercard sold 7,950 shares of Mastercard stock. The stock was sold at an average price of $275.98, for a total value of $2,194,041.00.
  • On Tuesday, July 16th, Foundation Mastercard sold 7,950 shares of Mastercard stock. The stock was sold at an average price of $279.16, for a total value of $2,219,322.00.

MA stock opened at $271.89 on Friday. The business’s 50-day moving average price is $273.57 and its two-hundred day moving average price is $248.15. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 1.55. The firm has a market cap of $273.92 billion, a PE ratio of 41.89, a P/E/G ratio of 2.14 and a beta of 1.08. Mastercard Inc has a 1-year low of $171.89 and a 1-year high of $283.33.



Mastercard (NYSE:MA) last posted its earnings results on Tuesday, July 30th. The credit services provider reported $1.89 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.82 by $0.07. The firm had revenue of $4.11 billion for the quarter, compared to analyst estimates of $4.08 billion. Mastercard had a return on equity of 135.02% and a net margin of 42.71%. The company’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same period in the previous year, the company posted $1.66 earnings per share. On average, analysts forecast that Mastercard Inc will post 7.61 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, August 9th. Shareholders of record on Tuesday, July 9th were issued a dividend of $0.33 per share. The ex-dividend date was Monday, July 8th. This represents a $1.32 annualized dividend and a yield of 0.49%. Mastercard’s dividend payout ratio is presently 20.34%.

Several research analysts have recently issued reports on MA shares. Deutsche Bank raised their price target on Mastercard from $267.00 to $330.00 and gave the stock a “buy” rating in a research report on Thursday, July 11th. Wells Fargo & Co raised their price target on Mastercard from $285.00 to $305.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 10th. Citigroup set a $317.00 price target on Mastercard and gave the stock a “buy” rating in a research report on Friday, July 19th. BMO Capital Markets set a $328.00 price target on Mastercard and gave the stock a “buy” rating in a research report on Wednesday, July 31st. Finally, Royal Bank of Canada set a $315.00 price target on Mastercard and gave the stock a “buy” rating in a research report on Wednesday, August 7th. Two research analysts have rated the stock with a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $291.80.

Hedge funds have recently bought and sold shares of the business. Joseph P. Lucia & Associates LLC acquired a new stake in shares of Mastercard in the second quarter valued at about $26,000. Delphi Private Advisors LLC acquired a new stake in shares of Mastercard in the second quarter valued at about $31,000. Evolution Wealth Advisors LLC acquired a new stake in shares of Mastercard in the second quarter valued at about $31,000. Valley National Advisers Inc. increased its position in shares of Mastercard by 210.9% in the fourth quarter. Valley National Advisers Inc. now owns 143 shares of the credit services provider’s stock valued at $27,000 after acquiring an additional 97 shares during the last quarter. Finally, TCG Advisors LP increased its position in shares of Mastercard by 49.5% in the second quarter. TCG Advisors LP now owns 151 shares of the credit services provider’s stock valued at $41,000 after acquiring an additional 50 shares during the last quarter. Hedge funds and other institutional investors own 74.25% of the company’s stock.

About Mastercard

Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. It facilitates the processing of payment transactions, including authorization, clearing, and settlement, as well as delivers related products and services.

Further Reading: Golden Cross

Insider Buying and Selling by Quarter for Mastercard (NYSE:MA)

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