Mastercard Incorporated (NYSE:MA) major shareholder Foundation Mastercard sold 136,690 shares of Mastercard stock in a transaction on Monday, February 13th. The stock was sold at an average price of $107.62, for a total transaction of $14,710,577.80. Following the completion of the transaction, the insider now owns 112,834,232 shares in the company, valued at approximately $12,143,220,047.84. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

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

  • On Thursday, February 9th, Foundation Mastercard sold 205,035 shares of Mastercard stock. The stock was sold at an average price of $106.64, for a total transaction of $21,864,932.40.
  • On Monday, February 6th, Foundation Mastercard sold 205,035 shares of Mastercard stock. The stock was sold at an average price of $106.07, for a total transaction of $21,748,062.45.
  • On Wednesday, February 1st, Foundation Mastercard sold 205,035 shares of Mastercard stock. The stock was sold at an average price of $106.63, for a total transaction of $21,862,882.05.
  • On Friday, January 27th, Foundation Mastercard sold 205,035 shares of Mastercard stock. The stock was sold at an average price of $109.56, for a total transaction of $22,463,634.60.
  • On Tuesday, January 24th, Foundation Mastercard sold 205,035 shares of Mastercard stock. The stock was sold at an average price of $109.50, for a total transaction of $22,451,332.50.
  • On Thursday, January 19th, Foundation Mastercard sold 205,035 shares of Mastercard stock. The stock was sold at an average price of $108.66, for a total transaction of $22,279,103.10.
  • On Monday, November 21st, Foundation Mastercard sold 48,424 shares of Mastercard stock. The stock was sold at an average price of $104.98, for a total transaction of $5,083,551.52.
  • On Thursday, November 17th, Foundation Mastercard sold 72,624 shares of Mastercard stock. The stock was sold at an average price of $103.28, for a total transaction of $7,500,606.72.

Mastercard Incorporated (NYSE:MA) opened at 109.30 on Friday. The firm has a market capitalization of $118.15 billion, a price-to-earnings ratio of 29.62 and a beta of 1.26. Mastercard Incorporated has a 52-week low of $84.59 and a 52-week high of $111.07. The firm has a 50-day moving average of $107.51 and a 200-day moving average of $102.73.

Mastercard (NYSE:MA) last announced its quarterly earnings results on Tuesday, January 31st. The company reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.85 by $0.01. The firm earned $2.76 billion during the quarter, compared to analysts’ expectations of $2.79 billion. Mastercard had a net margin of 37.67% and a return on equity of 71.09%. The company’s revenue for the quarter was up 9.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.79 earnings per share. On average, equities research analysts forecast that Mastercard Incorporated will post $4.26 EPS for the current fiscal year.

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

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 9th. Stockholders of record on Friday, April 7th will be paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.81%. The ex-dividend date is Wednesday, April 5th. Mastercard’s dividend payout ratio is presently 23.85%.

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Several research analysts recently commented on MA shares. Zacks Investment Research upgraded shares of Mastercard from a “hold” rating to a “buy” rating and set a $117.00 target price on the stock in a report on Thursday, November 24th. Vetr downgraded shares of Mastercard from a “buy” rating to a “hold” rating and set a $106.63 target price on the stock. in a report on Monday, December 5th. Guggenheim downgraded shares of Mastercard from a “buy” rating to a “neutral” rating in a report on Tuesday, November 1st. Robert W. Baird reiterated an “outperform” rating and issued a $124.00 target price (up previously from $120.00) on shares of Mastercard in a report on Monday, October 31st. Finally, Wedbush started coverage on shares of Mastercard in a report on Friday, January 20th. They issued an “outperform” rating and a $126.00 target price on the stock. Five equities research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and two have assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $115.31.

Several hedge funds have recently bought and sold shares of MA. Meag Munich Ergo Kapitalanlagegesellschaft MBH bought a new stake in Mastercard during the second quarter worth about $2,837,000. Penobscot Investment Management Company Inc. boosted its stake in Mastercard by 4.2% in the second quarter. Penobscot Investment Management Company Inc. now owns 37,925 shares of the company’s stock worth $3,340,000 after buying an additional 1,520 shares in the last quarter. Bbva Compass Bancshares Inc. boosted its stake in Mastercard by 12.6% in the second quarter. Bbva Compass Bancshares Inc. now owns 20,927 shares of the company’s stock worth $1,843,000 after buying an additional 2,341 shares in the last quarter. Smith Salley & Associates boosted its stake in Mastercard by 2.9% in the second quarter. Smith Salley & Associates now owns 73,086 shares of the company’s stock worth $6,435,000 after buying an additional 2,076 shares in the last quarter. Finally, Lourd Capital LLC boosted its stake in Mastercard by 0.4% in the second quarter. Lourd Capital LLC now owns 5,941 shares of the company’s stock worth $523,000 after buying an additional 26 shares in the last quarter. Institutional investors own 75.53% of the company’s stock.

About Mastercard

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

5 Day Chart for NYSE:MA

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