Mastercard Incorporated (NYSE:MA – Get Free Report) CFO Ling Hai sold 4,317 shares of the firm’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 in the company, valued at $22,915,750. This represents a 10.77% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 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 transaction 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 transaction of $2,676,540.00.
Mastercard Trading Down 1.7%
Shares of MA opened at $647.13 on Wednesday. The stock has a market capitalization of $566.89 billion, a P/E ratio of 33.85, a PEG ratio of 1.86 and a beta of 0.78. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 3.29. The firm has a fifty day simple moving average of $589.30 and a two-hundred day simple moving average of $537.28. Mastercard Incorporated has a twelve month low of $464.52 and a twelve month high of $661.34.
Mastercard Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Friday, October 9th will be paid a $0.87 dividend. 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 presently 18.20%.
Key Stories Impacting Mastercard
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
Analyst Upgrades and Downgrades
A number of research analysts recently issued reports on the company. Mizuho set a $711.00 price target on Mastercard in a report on Friday. Dbs Bank upgraded Mastercard to a “moderate buy” rating in a report on Friday, August 21st. Barclays lifted their price objective on Mastercard from $660.00 to $700.00 and gave the stock an “overweight” rating in a research report on Friday, October 30th. The Goldman Sachs Group reissued a “buy” rating and set a $701.00 target price (up from $674.00) on shares of Mastercard in a research note on Thursday, July 30th. Finally, Morgan Stanley upped their target price on Mastercard from $679.00 to $681.00 and gave the company an “overweight” rating in a report on Friday, July 31st. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have issued 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, Mastercard has a consensus rating of “Moderate Buy” and a consensus price target of $702.91.
View Our Latest Stock Analysis on Mastercard
Institutional Investors Weigh In On Mastercard
Hedge funds and other institutional investors have recently bought and sold shares of the business. Paragon Advisors LLC bought a new position in Mastercard in the 3rd quarter worth about $261,000. M Holdings Securities Inc. purchased a new stake in Mastercard during the 3rd quarter valued at about $3,552,000. Avantax Planning Partners Inc. increased its stake in Mastercard by 7.4% during the 3rd quarter. Avantax Planning Partners Inc. now owns 2,603 shares of the credit services provider’s stock valued at $1,436,000 after purchasing an additional 180 shares in the last quarter. Brighton Jones LLC increased its stake in Mastercard by 1.3% during the 3rd quarter. Brighton Jones LLC now owns 10,058 shares of the credit services provider’s stock valued at $5,547,000 after purchasing an additional 133 shares in the last quarter. Finally, Candriam S.C.A. raised its holdings in Mastercard by 0.6% in the third quarter. Candriam S.C.A. now owns 381,098 shares of the credit services provider’s stock worth $210,932,000 after buying an additional 2,264 shares during the last quarter. Hedge funds and other institutional investors own 97.28% of the company’s stock.
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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