Mastercard (NYSE:MA) Insider Raj Seshadri Sells 4,828 Shares

Mastercard Incorporated (NYSE:MA) insider Raj Seshadri sold 4,828 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $525.00, for a total value of $2,534,700.00. Following the transaction, the insider owned 16,429 shares of the company’s stock, valued at approximately $8,625,225. This represents a 22.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Raj Seshadri also recently made the following trade(s):

• On Thursday, July 2nd, Raj Seshadri sold 1,977 shares of Mastercard stock. The stock was sold at an average price of $529.73, for a total value of $1,047,276.21.

Mastercard Price Performance

Shares of MA opened at $539.00 on Friday. Mastercard Incorporated has a one year low of $464.52 and a one year high of $601.77. The stock’s fifty day moving average is $497.34 and its 200-day moving average is $518.82. The company has a debt-to-equity ratio of 2.56, a quick ratio of 0.98 and a current ratio of 0.98. The firm has a market capitalization of $476.25 billion, a price-to-earnings ratio of 31.19, a price-to-earnings-growth ratio of 1.63 and a beta of 0.73.

Mastercard (NYSE:MA) last posted its quarterly earnings data on Thursday, April 30th. The credit services provider reported $4.60 earnings per share for the quarter, topping the consensus estimate of $4.41 by $0.19. The business had revenue of $8.40 billion during the quarter, compared to the consensus estimate of $8.26 billion. Mastercard had a net margin of 45.88% and a return on equity of 212.96%. The company’s quarterly revenue was up 15.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.73 earnings per share. Equities analysts anticipate that Mastercard Incorporated will post 19.61 EPS for the current year.

Mastercard Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 7th. Stockholders of record on Thursday, July 9th will be paid a $0.87 dividend. 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 Thursday, July 9th. Mastercard’s dividend payout ratio is currently 20.14%.

Analyst Ratings Changes

A number of research firms recently commented on MA. Wall Street Zen lowered shares of Mastercard from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Susquehanna dropped their price target on shares of Mastercard from $670.00 to $665.00 and set a “positive” rating on the stock in a research report on Friday, May 1st. Tigress Financial upped their price target on shares of Mastercard from $730.00 to $735.00 and gave the company a “strong-buy” rating in a report on Friday, March 13th. Citigroup reduced their price objective on shares of Mastercard from $735.00 to $675.00 and set a “buy” rating for the company in a research report on Tuesday, April 14th. Finally, UBS Group reiterated a “buy” rating on shares of Mastercard in a report on Thursday, June 25th. Seven analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $653.81.

Institutional Investors Weigh In On Mastercard

A number of institutional investors and hedge funds have recently modified their holdings of MA. Riggs Asset Managment Co. Inc. lifted its stake in shares of Mastercard by 20.0% during the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 108 shares of the credit services provider’s stock worth $61,000 after purchasing an additional 18 shares during the last quarter. Resurgent Financial Advisors LLC grew its stake in Mastercard by 1.2% in the third quarter. Resurgent Financial Advisors LLC now owns 1,597 shares of the credit services provider’s stock valued at $908,000 after purchasing an additional 19 shares during the last quarter. Silicon Valley Capital Partners raised its holdings in Mastercard by 1.1% in the third quarter. Silicon Valley Capital Partners now owns 1,717 shares of the credit services provider’s stock worth $977,000 after purchasing an additional 19 shares in the last quarter. Affinity Capital Advisors LLC raised its holdings in Mastercard by 0.7% in the fourth quarter. Affinity Capital Advisors LLC now owns 2,939 shares of the credit services provider’s stock worth $1,678,000 after purchasing an additional 19 shares in the last quarter. Finally, Abacus Planning Group Inc. lifted its position in shares of Mastercard by 3.3% during the fourth quarter. Abacus Planning Group Inc. now owns 590 shares of the credit services provider’s stock valued at $337,000 after buying an additional 19 shares during the last quarter. 97.28% of the stock is owned by institutional investors and hedge funds.

Key Mastercard News

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard expanded its global payments strategy through a new partnership with VEON to improve accessible financial services across Ukraine, Kazakhstan, Pakistan and Uzbekistan, which could support long-term transaction growth and network usage. VEON and Mastercard Join Forces to Accelerate Accessibility of Financial Services
• Positive Sentiment: Mastercard also announced cybersecurity-related initiatives in Africa, reinforcing its brand with governments and potentially strengthening trust in its payment infrastructure over time. Mastercard partners govts to protect Africa’s cyberspace
• Positive Sentiment: Analysts remain constructive, with coverage noting Mastercard’s strong history of beating earnings estimates and suggesting it may post another upside surprise next quarter. Will MasterCard (MA) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Piper Sandler upgraded Mastercard to strong-buy, a vote of confidence that can help support the valuation. Mastercard upgraded by Piper Sandler
• Neutral Sentiment: Insider Raj Seshadri sold shares under a pre-arranged Rule 10b5-1 plan. The sales are worth noting, but they do not necessarily signal negative fundamentals. SEC filing for insider sale
• Neutral Sentiment: Broader commentary on stablecoins and Visa’s Open USD push highlights increasing competition and change in payments, but the articles frame Mastercard as well-positioned rather than under immediate pressure. Visa, Mastercard and 140 firms launch Open USD

About Mastercard

Mastercard Incorporated is a global payments technology company that operates a network connecting consumers, financial institutions, merchants, governments and businesses in more than 200 countries and territories. The company facilitates electronic payments and transaction processing for credit, debit and prepaid card products carrying the Mastercard brand, while also providing a range of payment-related services to issuers, acquirers and merchants. Its technology and network enable authorization, clearing and settlement of payments and support a broad set of use cases including point-of-sale, e-commerce and mobile payments.

Beyond core transaction processing, Mastercard offers a suite of value-added services such as fraud and risk management, identity and authentication tools, tokenization and digital wallet support, cross-border and commercial payment solutions, and data analytics and consulting services for merchants and financial partners.