Mastercard Incorporated $MA Shares Sold by State of Wyoming

State of Wyoming lowered its position in Mastercard Incorporated (NYSE:MA) by 81.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 635 shares of the credit services provider’s stock after selling 2,759 shares during the quarter. State of Wyoming’s holdings in Mastercard were worth $350,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Peak Financial Advisors LLC lifted its stake in Mastercard by 53.2% in the 3rd quarter. Peak Financial Advisors LLC now owns 2,199 shares of the credit services provider’s stock valued at $1,213,000 after buying an additional 764 shares in the last quarter. Arta Finance Wealth Management LLC acquired a new stake in Mastercard during the 3rd quarter valued at $201,000. Whelan Financial increased its position in Mastercard by 15.9% during the third quarter. Whelan Financial now owns 2,279 shares of the credit services provider’s stock worth $1,257,000 after buying an additional 313 shares in the last quarter. Raleigh Capital Management Inc. increased its position in Mastercard by 4.6% during the third quarter. Raleigh Capital Management Inc. now owns 1,400 shares of the credit services provider’s stock worth $772,000 after buying an additional 62 shares in the last quarter. Finally, International Assets Investment Management LLC increased its position in Mastercard by 371.5% during the third quarter. International Assets Investment Management LLC now owns 75,000 shares of the credit services provider’s stock worth $41,360,000 after buying an additional 59,093 shares in the last quarter. Institutional investors and hedge funds own 97.28% of the company’s stock.

Key Stories Impacting Mastercard

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: An analyst upgrade helped lift sentiment, while recent post-earnings target increases—including UBS’s $750 and Cantor Fitzgerald’s $765 targets—signal confidence in Mastercard’s outlook. Report on analyst upgrade
• Positive Sentiment: Mastercard’s third-quarter results beat expectations: revenue rose 14% year over year to $9.81 billion, and EPS of $5.31 topped the $5.17 consensus. The results reinforce the company’s growth story. Q3 results and growth drivers
• Positive Sentiment: Mastercard is extending digital payment access in Morocco through Samsung Pay. Wider mobile-wallet availability could support transaction growth over time. Samsung Pay expansion in Morocco
• Positive Sentiment: New card offerings with Bank of Punjab in Pakistan and Safwa Islamic Bank expand Mastercard-linked products with regional partners, creating potential for additional card usage and payment volume. Bank of Punjab card launch Safwa Islamic Bank card launch
• Positive Sentiment: Bill Ackman praised Mastercard as a high-quality business, and analyst estimates cited in the article project normalized EPS growth of about 16% annually from 2026 to 2028. Ackman’s comments and growth estimates
• Neutral Sentiment: Mastercard introduced free cybersecurity training for European small businesses. The initiative may deepen business relationships, but its near-term financial contribution is unclear. Cybersecurity lessons for SMEs
• Negative Sentiment: CFO Ling Hai sold 4,317 shares, adding a modest insider-selling concern. The transaction was made under a pre-arranged Rule 10b5-1 plan, which reduces the likelihood it reflects a new view on the company. CFO share sale

Mastercard Stock Performance

Shares of MA opened at $671.85 on Thursday. Mastercard Incorporated has a 1 year low of $464.52 and a 1 year high of $673.50. The company’s 50 day simple moving average is $590.77 and its 200 day simple moving average is $537.93. The company has a market capitalization of $588.54 billion, a price-to-earnings ratio of 35.14, a PEG ratio of 1.83 and a beta of 0.78. The company has a debt-to-equity ratio of 3.29, a quick ratio of 1.01 and a current ratio of 1.01.

Mastercard (NYSE:MA) last released its earnings results on Thursday, October 29th. The credit services provider reported $5.31 EPS for the quarter, topping the consensus estimate of $5.17 by $0.14. The firm had revenue of $9.81 billion during the quarter, compared to analysts’ expectations of $9.66 billion. Mastercard had a net margin of 46.73% and a return on equity of 260.86%. Mastercard’s revenue for the quarter was up 14.0% on a year-over-year basis. During the same period in the previous year, the company earned $4.38 EPS. On average, sell-side analysts predict that Mastercard Incorporated will post 19.99 EPS for the current year.

Mastercard Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Friday, October 9th will be paid a dividend of $0.87 per share. This represents a $3.48 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Friday, October 9th. Mastercard’s dividend payout ratio is currently 18.20%.

Insider Transactions at Mastercard

In other news, insider Sachin Mehra sold 3,266 shares of Mastercard stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of $584.00, for a total value of $1,907,344.00. Following the completion of the sale, the insider owned 36,650 shares of the company’s stock, valued at $21,403,600. The trade was a 8.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Ling Hai sold 4,317 shares of the company’s stock in a transaction on Monday, November 2nd. The shares were sold at an average price of $641.00, for a total value of $2,767,197.00. Following the completion of the transaction, the chief financial officer owned 35,750 shares of the company’s stock, valued at $22,915,750. The trade was a 10.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 25,403 shares of company stock worth $15,428,736 over the last quarter. 0.09% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Raymond James Financial reissued an “outperform” rating and issued a $632.00 price target (up from $609.00) on shares of Mastercard in a report on Friday, July 31st. Piper Sandler increased their price objective on Mastercard from $597.00 to $710.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. Robert W. Baird lifted their price objective on Mastercard from $660.00 to $710.00 and gave the stock an “outperform” rating in a research report on Friday, October 9th. Dbs Bank upgraded Mastercard to a “moderate buy” rating in a research report on Friday, August 21st. Finally, Keefe, Bruyette & Woods boosted their target price on shares of Mastercard from $685.00 to $750.00 and gave the company an “outperform” rating in a research note on Friday, October 30th. Two investment analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $702.91.

Mastercard Company 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.