Mastercard Incorporated (NYSE:MA) Insider Sandra A. Arkell Sells 150 Shares

Mastercard Incorporated (NYSE:MA) insider Sandra A. Arkell sold 150 shares of the business’s stock in a transaction on Monday, May 12th. The stock was sold at an average price of $580.00, for a total transaction of $87,000.00. Following the completion of the sale, the insider now directly owns 3,255 shares in the company, valued at approximately $1,887,900. This represents a 4.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Mastercard Price Performance

NYSE:MA opened at $578.33 on Tuesday. Mastercard Incorporated has a 52 week low of $428.86 and a 52 week high of $582.23. The company has a debt-to-equity ratio of 2.68, a quick ratio of 1.03 and a current ratio of 1.03. The firm’s 50-day simple moving average is $532.56 and its 200 day simple moving average is $533.88. The firm has a market cap of $527.27 billion, a price-to-earnings ratio of 41.64, a P/E/G ratio of 2.37 and a beta of 1.06.

Mastercard (NYSE:MA) last released its quarterly earnings results on Thursday, May 1st. The credit services provider reported $3.73 earnings per share for the quarter, beating analysts’ consensus estimates of $3.57 by $0.16. The company had revenue of $7.25 billion during the quarter, compared to the consensus estimate of $7.12 billion. Mastercard had a net margin of 45.71% and a return on equity of 188.47%. The firm’s quarterly revenue was up 14.2% on a year-over-year basis. During the same period in the previous year, the business earned $3.31 earnings per share. As a group, sell-side analysts predict that Mastercard Incorporated will post 15.91 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Wells Fargo & Company increased their price objective on shares of Mastercard from $585.00 to $625.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 4th. Seaport Res Ptn downgraded Mastercard from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 14th. William Blair reiterated an “outperform” rating on shares of Mastercard in a research note on Friday, January 31st. Barclays raised their target price on shares of Mastercard from $595.00 to $650.00 and gave the company an “overweight” rating in a research note on Monday, February 3rd. Finally, Raymond James reaffirmed an “outperform” rating and set a $640.00 price target (up from $614.00) on shares of Mastercard in a research report on Friday, January 31st. Six research analysts have rated the stock with a hold rating, twenty-three have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $606.25.

Institutional Trading of Mastercard

A number of institutional investors have recently modified their holdings of MA. Whalerock Point Partners LLC lifted its holdings in shares of Mastercard by 1.3% in the fourth quarter. Whalerock Point Partners LLC now owns 14,678 shares of the credit services provider’s stock worth $7,729,000 after acquiring an additional 185 shares during the last quarter. Cardano Risk Management B.V. lifted its stake in shares of Mastercard by 2.7% in the 4th quarter. Cardano Risk Management B.V. now owns 368,690 shares of the credit services provider’s stock valued at $194,141,000 after acquiring an additional 9,611 shares during the last quarter. Dock Street Asset Management Inc. boosted its holdings in shares of Mastercard by 4.5% during the 4th quarter. Dock Street Asset Management Inc. now owns 68,237 shares of the credit services provider’s stock valued at $35,932,000 after acquiring an additional 2,931 shares in the last quarter. Steward Partners Investment Advisory LLC grew its position in Mastercard by 1.7% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 71,862 shares of the credit services provider’s stock worth $37,841,000 after acquiring an additional 1,194 shares during the last quarter. Finally, Courier Capital LLC acquired a new position in Mastercard in the 4th quarter worth about $3,867,000. 97.28% of the stock is currently owned by institutional investors.

Mastercard Company Profile

Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. The company offers integrated products and value-added services for account holders, merchants, financial institutions, digital partners, businesses, governments, and other organizations, such as programs that enable issuers to provide consumers with credits to defer payments; payment products and solutions that allow its customers to access funds in deposit and other accounts; prepaid programs services; and commercial credit, debit, and prepaid payment products and solutions.