Key Points
- CFO Hai Ling sold 4,317 Mastercard shares at an average of $641, totaling about $2.77 million; the sale reduced his holdings by 10.77% to 35,750 shares and was made under a pre-arranged Rule 10b5-1 plan.
- Mastercard beat quarterly estimates, reporting $5.31 in earnings per share and $9.81 billion in revenue; revenue rose 14% year over year.
- Analysts raised price targets, including UBS to $750 and Cantor Fitzgerald to $765. The stock had a “Moderate Buy” consensus rating and an average target of $702.91.
Mastercard Incorporated (NYSE:MA - Get Free Report) CFO Ling Hai sold 4,317 shares of the business's stock in a transaction that occurred on Monday, November 2nd. The stock was sold at an average price of $641.00, for a total transaction 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 approximately $22,915,750. The trade was a 10.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Hai Ling also recently made the following trade(s):
- On Friday, October 30th, Ling Hai sold 4,318 shares of Mastercard stock. The shares were sold at an average price of $642.43, for a total value of $2,774,012.74.
- On Friday, October 16th, Ling Hai sold 4,317 shares of Mastercard stock. The shares were sold at an average price of $620.00, for a total value of $2,676,540.00.
Mastercard Stock Performance
Shares of MA opened at $647.13 on Wednesday. The company has a market cap of $566.89 billion, a price-to-earnings ratio of 33.85, a P/E/G ratio of 1.86 and a beta of 0.78. The business's fifty day simple moving average is $589.30 and its two-hundred day simple moving average is $537.28. Mastercard Incorporated has a 12 month low of $464.52 and a 12 month high of $661.34. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 3.29.
Mastercard (NYSE:MA - Get Free Report) last posted its quarterly earnings results on Thursday, October 29th. The credit services provider reported $5.31 earnings per share for the quarter, topping the consensus estimate of $5.17 by $0.14. Mastercard had a return on equity of 260.86% and a net margin of 46.73%. The firm had revenue of $9.81 billion during the quarter, compared to analysts' expectations of $9.66 billion. During the same quarter in the previous year, the business earned $4.38 earnings per share. The company's revenue was up 14.0% on a year-over-year basis. Research analysts anticipate that Mastercard Incorporated will post 19.99 earnings per share for the current fiscal year.
Mastercard Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Friday, October 9th will be given a dividend of $0.87 per share. The ex-dividend date of this dividend is Friday, October 9th. This represents a $3.48 annualized dividend and a dividend yield of 0.5%. Mastercard's dividend payout ratio (DPR) is 18.20%.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the business. State Street Corp raised its stake in shares of Mastercard by 1.3% in the second quarter. State Street Corp now owns 36,964,305 shares of the credit services provider's stock worth $18,984,867,000 after buying an additional 486,283 shares during the period. Jennison Associates LLC grew its stake in shares of Mastercard by 10.4% during the 1st quarter. Jennison Associates LLC now owns 5,123,041 shares of the credit services provider's stock valued at $2,559,779,000 after acquiring an additional 480,725 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of Mastercard by 1.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,225,359 shares of the credit services provider's stock valued at $2,111,216,000 after acquiring an additional 42,871 shares during the period. Amundi grew its stake in shares of Mastercard by 5.8% during the 2nd quarter. Amundi now owns 3,626,416 shares of the credit services provider's stock valued at $1,862,527,000 after acquiring an additional 199,424 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its holdings in Mastercard by 17.8% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,666,018 shares of the credit services provider's stock worth $1,831,763,000 after acquiring an additional 554,366 shares in the last quarter. 97.28% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
MA has been the subject of a number of recent analyst reports. Cantor Fitzgerald boosted their target price on Mastercard from $695.00 to $765.00 and gave the stock an "overweight" rating in a research report on Friday, October 30th. Bank of America raised their price target on shares of Mastercard from $700.00 to $735.00 and gave the company a "buy" rating in a report on Friday, July 31st. UBS Group lifted their price target on shares of Mastercard from $670.00 to $750.00 and gave the stock a "buy" rating in a research note on Friday, October 30th. Morgan Stanley boosted their price objective on shares of Mastercard from $679.00 to $681.00 and gave the company an "overweight" rating in a report on Friday, July 31st. Finally, Susquehanna boosted their price objective on shares of Mastercard from $665.00 to $740.00 and gave the company a "positive" rating in a report on Friday, October 30th. Two equities research 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 company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $702.91.
Get Our Latest Stock Report on Mastercard
Key Mastercard News
Here are the key news stories impacting Mastercard this week:
- Positive Sentiment: Mastercard reported third-quarter revenue of $9.81 billion, up 14% year over year, and earnings per share of $5.31, exceeding analyst expectations. Management cited broad growth across its payments network and value-added services. Q3 results and growth drivers
- Positive Sentiment: Mastercard is expanding its agentic-commerce and cross-border payments efforts through partnerships with OpenAI and Tencent, including plans to deepen remittance ties and enable overseas wallets to pay at participating QR merchants in China. These initiatives could broaden payment volume and acceptance over time. OpenAI and Tencent partnerships Tencent payment and remittance plans
- Positive Sentiment: Several analysts raised their price targets after the earnings report, including UBS to $750 and Cantor Fitzgerald to $765, reflecting confidence in Mastercard’s growth outlook. Cantor Fitzgerald target increase
- Neutral Sentiment: Mastercard introduced free cybersecurity lessons for European small and midsize businesses. The program may strengthen customer relationships and resilience, though its direct financial impact is unclear. Cybersecurity lessons for SMEs
- Negative Sentiment: CFO Ling Hai sold roughly 8,635 shares across two transactions, reducing his stake by about 10.8%. The sales were made under a pre-arranged Rule 10b5-1 plan, which can temper concerns that they reflect a fresh view on the company. SEC filing on CFO share sales
Mastercard Company Profile
(
Get Free Report)
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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