Mastercard Incorporated (NYSE:MA) major shareholder Foundation Mastercard sold 87,623 shares of the stock in a transaction on Thursday, August 10th. The stock was sold at an average price of $129.34, for a total value of $11,333,158.82. Following the sale, the insider now owns 112,240,179 shares in the company, valued at approximately $14,517,144,751.86. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

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

  • On Friday, August 4th, Foundation Mastercard sold 58,412 shares of Mastercard stock. The stock was sold at an average price of $129.87, for a total value of $7,585,966.44.
  • On Tuesday, August 1st, Foundation Mastercard sold 29,206 shares of Mastercard stock. The stock was sold at an average price of $129.03, for a total value of $3,768,450.18.
  • On Monday, July 31st, Foundation Mastercard sold 29,206 shares of Mastercard stock. The stock was sold at an average price of $127.97, for a total value of $3,737,491.82.
  • On Wednesday, August 2nd, Foundation Mastercard sold 87,618 shares of Mastercard stock. The stock was sold at an average price of $128.84, for a total value of $11,288,703.12.
  • On Thursday, July 27th, Foundation Mastercard sold 29,206 shares of Mastercard stock. The stock was sold at an average price of $129.27, for a total value of $3,775,459.62.
  • On Wednesday, July 26th, Foundation Mastercard sold 29,206 shares of Mastercard stock. The stock was sold at an average price of $130.33, for a total value of $3,806,417.98.
  • On Friday, July 28th, Foundation Mastercard sold 87,618 shares of Mastercard stock. The stock was sold at an average price of $129.42, for a total value of $11,339,521.56.
  • On Tuesday, July 25th, Foundation Mastercard sold 87,618 shares of Mastercard stock. The stock was sold at an average price of $129.46, for a total value of $11,343,026.28.
  • On Wednesday, July 19th, Foundation Mastercard sold 29,206 shares of Mastercard stock. The stock was sold at an average price of $128.00, for a total value of $3,738,368.00.
  • On Tuesday, July 18th, Foundation Mastercard sold 29,206 shares of Mastercard stock. The stock was sold at an average price of $127.63, for a total value of $3,727,561.78.

Mastercard Incorporated (NYSE MA) traded down 1.58% during midday trading on Thursday, hitting $127.67. The stock had a trading volume of 2,590,439 shares. The company’s 50 day moving average price is $126.44 and its 200-day moving average price is $117.36. The stock has a market capitalization of $135.96 billion, a price-to-earnings ratio of 31.68 and a beta of 1.17. Mastercard Incorporated has a 52 week low of $94.41 and a 52 week high of $132.20.

Mastercard (NYSE:MA) last announced its quarterly earnings data on Thursday, July 27th. The credit services provider reported $1.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.04 by $0.06. The company had revenue of $3.05 billion for the quarter, compared to the consensus estimate of $2.98 billion. Mastercard had a return on equity of 74.92% and a net margin of 38.30%. The firm’s revenue was up 13.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.96 EPS. Equities analysts anticipate that Mastercard Incorporated will post $4.39 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 9th. Stockholders of record on Friday, July 7th were paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date was Wednesday, July 5th. Mastercard’s dividend payout ratio is 21.78%.

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Several analysts have recently commented on MA shares. Deutsche Bank AG restated a “buy” rating and set a $150.00 target price (up previously from $124.00) on shares of Mastercard in a report on Monday, July 10th. BMO Capital Markets upped their price target on Mastercard from $123.00 to $126.00 and gave the company an “outperform” rating in a research note on Wednesday, May 3rd. Wedbush reaffirmed an “outperform” rating and set a $129.00 price target (up previously from $126.00) on shares of Mastercard in a research note on Tuesday, June 6th. Cowen and Company upped their price target on Mastercard from $122.00 to $127.00 and gave the company an “outperform” rating in a research note on Wednesday, May 3rd. Finally, Vetr lowered Mastercard from a “buy” rating to a “hold” rating and set a $116.99 price target on the stock. in a research note on Monday, April 17th. One research analyst has rated the stock with a sell rating, five have given a hold rating, twenty have given a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $128.20.

Several hedge funds and other institutional investors have recently made changes to their positions in MA. American Beacon Advisors Inc. acquired a new position in shares of Mastercard during the first quarter worth about $100,000. Lipe & Dalton acquired a new position in shares of Mastercard during the first quarter worth about $101,000. Chicago Partners Investment Group LLC increased its position in shares of Mastercard by 1,365.6% in the second quarter. Chicago Partners Investment Group LLC now owns 938 shares of the credit services provider’s stock worth $105,000 after buying an additional 874 shares in the last quarter. Thompson Davis & CO. Inc. increased its position in shares of Mastercard by 170.1% in the second quarter. Thompson Davis & CO. Inc. now owns 867 shares of the credit services provider’s stock worth $105,000 after buying an additional 546 shares in the last quarter. Finally, Proficio Capital Partners LLC increased its position in shares of Mastercard by 108.2% in the first quarter. Proficio Capital Partners LLC now owns 893 shares of the credit services provider’s stock worth $108,000 after buying an additional 464 shares in the last quarter. 75.76% of the stock is currently owned by institutional investors.

About Mastercard

MasterCard Incorporated is a technology company that connects consumers, financial institutions, merchants, governments and businesses across the world, enabling them to use electronic forms of payment. The Company operates through Payment Solutions segment. The Company allows user to make payments by creating a range of payment solutions and services using its brands, which include MasterCard, Maestro and Cirrus.

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

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