SkyView Investment Advisors LLC Has $154,000 Stock Holdings in Mastercard Incorporated $MA

SkyView Investment Advisors LLC decreased its holdings in shares of Mastercard Incorporated (NYSE:MAFree Report) by 86.4% during the 2nd quarter, Holdings Channel reports. The firm owned 300 shares of the credit services provider’s stock after selling 1,901 shares during the quarter. SkyView Investment Advisors LLC’s holdings in Mastercard were worth $154,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in MA. Athena Wealth Management LLC grew its position in shares of Mastercard by 3.8% during the 2nd quarter. Athena Wealth Management LLC now owns 514 shares of the credit services provider’s stock worth $264,000 after buying an additional 19 shares during the period. Novem Group lifted its position in shares of Mastercard by 0.4% during the 2nd quarter. Novem Group now owns 4,680 shares of the credit services provider’s stock valued at $2,404,000 after acquiring an additional 19 shares during the period. Vista Capital Partners Inc. boosted its stake in Mastercard by 4.5% during the second quarter. Vista Capital Partners Inc. now owns 444 shares of the credit services provider’s stock worth $228,000 after acquiring an additional 19 shares in the last quarter. Buckley Wealth Management LLC boosted its stake in Mastercard by 0.8% during the fourth quarter. Buckley Wealth Management LLC now owns 2,504 shares of the credit services provider’s stock worth $1,430,000 after acquiring an additional 20 shares in the last quarter. Finally, Cladis Investment Advisory LLC grew its holdings in Mastercard by 4.9% in the fourth quarter. Cladis Investment Advisory LLC now owns 428 shares of the credit services provider’s stock worth $245,000 after purchasing an additional 20 shares during the period. Institutional investors and hedge funds own 97.28% of the company’s stock.

Mastercard Stock Performance

Shares of MA stock opened at $573.55 on Tuesday. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 3.96. The firm has a fifty day simple moving average of $563.88 and a two-hundred day simple moving average of $523.87. Mastercard Incorporated has a 12 month low of $464.52 and a 12 month high of $601.62. The firm has a market capitalization of $502.44 billion, a PE ratio of 31.55, a price-to-earnings-growth ratio of 1.63 and a beta of 0.74.

Mastercard (NYSE:MAGet Free Report) last released its quarterly earnings data on Thursday, July 30th. The credit services provider reported $5.04 earnings per share for the quarter, beating analysts’ consensus estimates of $4.77 by $0.27. The firm had revenue of $9.28 billion for the quarter, compared to analyst estimates of $9.08 billion. Mastercard had a net margin of 46.34% and a return on equity of 239.99%. The business’s quarterly revenue was up 14.1% compared to the same quarter last year. During the same period last year, the firm earned $4.15 earnings per share. Analysts forecast that Mastercard Incorporated will post 19.86 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have weighed in on MA shares. Morgan Stanley lifted their price target on shares of Mastercard from $679.00 to $681.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. Piper Sandler assumed coverage on shares of Mastercard in a research report on Monday, June 29th. They set an “overweight” rating and a $597.00 price objective on the stock. Loop Capital reaffirmed a “buy” rating and issued a $631.00 target price on shares of Mastercard in a research report on Wednesday, June 3rd. Raymond James Financial reaffirmed an “outperform” rating and issued a $632.00 target price on shares of Mastercard in a research report on Friday, July 31st. Finally, Cantor Fitzgerald upped their price target on Mastercard from $650.00 to $695.00 and gave the stock an “overweight” rating in a research note on Monday, August 3rd. Five analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, Mastercard presently has a consensus rating of “Buy” and a consensus target price of $666.64.

Read Our Latest Research Report on Mastercard

Key Mastercard News

Here are the key news stories impacting Mastercard this week:

  • Positive Sentiment: Incoming CFO Ling Hai outlined a growth-oriented capital allocation plan centered on frontline sales, targeted acquisitions and infrastructure expansion. The strategy also emphasizes stablecoins and value-added services, which could diversify revenue beyond traditional payment processing and support Mastercard’s long-term earnings growth. Mastercard CFO Outlines Growth Strategy Driven by Stablecoins and Value-Added Services
  • Positive Sentiment: Mastercard agreed to enable KEO Capital to issue Mastercard-branded cards for a cross-border program. The partnership expands Mastercard’s reach and could generate additional payment volume, fees and customer relationships. KEO Capital Announces Strategic Partnership with Mastercard to Expand Cross-Border Card Program
  • Positive Sentiment: Mastercard announced several initiatives that broaden its emerging-market footprint, including the first internationally accepted payment card in Syria with QNB Group, a program with Bank Audi intended to bring 10,000 Lebanese entrepreneurs into the digital economy, and a UAE central-bank program focused on fraud-risk management. These efforts strengthen local partnerships and could increase future transaction volumes and value-added-services revenue. QNB Group and Mastercard Payment Card in Syria Bank Audi and Mastercard Entrepreneur Initiative
  • Positive Sentiment: Mastercard is advancing programs for small-business growth and AI-enabled commerce. Although these initiatives are longer-term opportunities, they could reinforce Mastercard’s role in digital payments and create new sources of services revenue. Mastercard Built Small Moving Strong Program Mastercard AI Shopping Strategy
  • Negative Sentiment: Major UK banks are preparing to fund a new domestic payments infrastructure vehicle that could eventually become an alternative to Mastercard and Visa. The project is still at an early stage, but it introduces a potential competitive threat to Mastercard’s UK payment volumes and pricing power over the longer term. UK Banks Fund New Payments Giant

Insider Activity

In other news, CEO Michael Miebach sold 15,372 shares of the stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $575.00, for a total value of $8,838,900.00. Following the completion of the sale, the chief executive officer directly owned 93,693 shares of the company’s stock, valued at $53,873,475. This represents a 14.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Linda Kirkpatrick sold 4,280 shares of the firm’s stock in a transaction that occurred 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 in the company, valued at $17,781,695.49. This represents a 12.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 74,623 shares of company stock worth $42,544,606. Company insiders own 0.09% of the company’s stock.

Mastercard Profile

(Free Report)

Mastercard Incorporated (NYSE: MA) is a global technology company that operates a payments network connecting consumers, financial institutions, merchants, governments and businesses. The company facilitates electronic payment transactions, including credit, debit, prepaid and commercial payments, by providing the infrastructure used to authorize, clear and settle transactions.

Mastercard’s products and services include its Mastercard-branded payment cards, digital payment tools, contactless payment technology and payment solutions for businesses and governments.

Further Reading

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Institutional Ownership by Quarter for Mastercard (NYSE:MA)

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