Mastercard Incorporated (NYSE:MA – Get Free Report) 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 – Get Free Report) 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
Check Out Our Latest Stock Analysis on Mastercard
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.
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