3,427 Mastercard Incorporated $MA Shares Sold by Prime Capital Investment Advisors LLC
by Kim Johansen · The Markets DailyPrime Capital Investment Advisors LLC reduced its stake in shares of Mastercard Incorporated (NYSE:MA – Free Report) by 10.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 28,322 shares of the credit services provider’s stock after selling 3,427 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Mastercard were worth $15,619,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Robinswood Financial LLC purchased a new position in Mastercard during the 1st quarter worth $25,000. First Pacific Financial raised its holdings in shares of Mastercard by 113.8% in the 1st quarter. First Pacific Financial now owns 62 shares of the credit services provider’s stock valued at $31,000 after purchasing an additional 33 shares in the last quarter. Allied Private Wealth LLC bought a new position in shares of Mastercard during the second quarter valued at approximately $34,000. Premier Financial Group bought a new position in Mastercard in the second quarter worth approximately $39,000. Finally, Roxbury Financial LLC lifted its holdings in Mastercard by 102.6% during the second quarter. Roxbury Financial LLC now owns 79 shares of the credit services provider’s stock worth $40,000 after buying an additional 40 shares during the period. Institutional investors own 97.28% of the company’s stock.
Analyst Upgrades and Downgrades
A number of brokerages have commented on MA. Daiwa Securities Group boosted their target price on shares of Mastercard from $580.00 to $650.00 and gave the stock an “outperform” rating in a report on Thursday, August 6th. Cantor Fitzgerald increased their price objective on Mastercard from $650.00 to $695.00 and gave the company an “overweight” rating in a report on Monday, August 3rd. Raymond James Financial reiterated an “outperform” rating and issued a $632.00 price target (up from $609.00) on shares of Mastercard in a research note on Friday, July 31st. Royal Bank Of Canada boosted their price target on Mastercard from $642.00 to $696.00 and gave the stock an “outperform” rating in a research note on Monday, August 31st. Finally, JPMorgan Chase & Co. lifted their target price on shares of Mastercard from $655.00 to $720.00 and gave the stock an “overweight” rating in a research note on Friday, July 31st. Two investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Mastercard currently has a consensus rating of “Moderate Buy” and a consensus target price of $682.66.
View Our Latest Research Report on Mastercard
Key Headlines Impacting Mastercard
Here are the key news stories impacting Mastercard this week:
- Positive Sentiment: Mastercard introduced Stablecoin Security, an API that combines payment and blockchain intelligence to screen for fraud, scams and sanctions exposure before funds move on-chain. The product could reduce institutional concerns about stablecoins, accelerate adoption and create new risk-management revenue opportunities. Mastercard introduces risk intelligence to enable more secure stablecoin payments
- Positive Sentiment: The company also launched a Global Money Platform integrating stablecoins with traditional currencies for cross-border payments. This expands Mastercard’s potential role beyond card transactions as digital-asset payments gain traction. Mastercard expands stablecoin reach with new money platform
- Positive Sentiment: Mastercard unveiled an AI-powered Agent Detection Score to identify transactions initiated by software rather than people. The tool may help manage fraud and trust risks as autonomous shopping agents become more common. Mastercard unveils AI Agent Detection Score
- Positive Sentiment: New or expanded partnerships in East Africa, Pakistan and commercial-payment software, along with Mastercard-branded debit infrastructure for Finsei, support the company’s long-term transaction-volume growth.
- Neutral Sentiment: U.S. officials are pressing China for independent market access for Mastercard’s network. Success could unlock substantial growth, but the timing and outcome remain uncertain. U.S. officials press China on market access
- Negative Sentiment: CFO Ling Hai sold 4,317 shares worth approximately $2.7 million under a pre-arranged Rule 10b5-1 plan. The transaction modestly weighs on sentiment, although scheduled insider selling is not necessarily a signal of weaker fundamentals.
- Negative Sentiment: Mastercard’s valuation is elevated near its 52-week high, leaving the stock sensitive to any slowdown in growth or disappointment ahead of upcoming earnings.
Mastercard Stock Performance
MA traded up $5.82 during midday trading on Tuesday, hitting $622.22. 1,311,705 shares of the company were exchanged, compared to its average volume of 3,501,648. The company’s 50 day simple moving average is $577.08 and its 200 day simple moving average is $536.11. The firm has a market capitalization of $545.07 billion, a price-to-earnings ratio of 34.21, a price-to-earnings-growth ratio of 1.76 and a beta of 0.76. Mastercard Incorporated has a 1-year low of $464.52 and a 1-year high of $624.29. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 3.96.
Mastercard (NYSE:MA – Get Free Report) last issued its earnings results on Thursday, July 30th. The credit services provider reported $5.04 EPS for the quarter, topping analysts’ consensus estimates of $4.77 by $0.27. Mastercard had a return on equity of 239.99% and a net margin of 46.34%. The firm had revenue of $9.28 billion for the quarter, compared to the consensus estimate of $9.08 billion. During the same quarter in the prior year, the business earned $4.15 earnings per share. The company’s revenue was up 14.1% compared to the same quarter last year. As a group, sell-side analysts predict that Mastercard Incorporated will post 19.91 earnings per share for the current year.
Mastercard Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Friday, October 9th will be issued a dividend of $0.87 per share. The ex-dividend date of this dividend is Friday, October 9th. This represents a $3.48 dividend on an annualized basis and a yield of 0.6%. Mastercard’s dividend payout ratio is 19.14%.
Insider Activity at Mastercard
In other Mastercard news, insider Linda Kirkpatrick sold 4,280 shares of Mastercard stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $570.31, for a total value of $2,440,926.80. Following the completion of the transaction, the insider owned 31,179 shares of the company’s stock, valued at approximately $17,781,695.49. The trade was a 12.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Julius Genachowski sold 370 shares of the company’s stock in a transaction dated Monday, October 12th. The stock was sold at an average price of $590.21, for a total transaction of $218,377.70. Following the completion of the transaction, the director owned 8,237 shares of the company’s stock, valued at approximately $4,861,559.77. This trade represents a 4.30% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 72,676 shares of company stock valued at $41,966,586 in the last quarter. 0.09% of the stock is currently owned by insiders.
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.
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