Mastercard Incorporated (NYSE:MA) Insider Sells $134,169.00 in Stock

Mastercard Incorporated (NYSE:MA) insider Sandra A. Arkell sold 300 shares of the stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $447.23, for a total value of $134,169.00. Following the completion of the sale, the insider now directly owns 4,063 shares of the company’s stock, valued at approximately $1,817,095.49. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Mastercard Stock Performance

MA stock traded up $1.92 during trading hours on Wednesday, hitting $454.98. 2,332,407 shares of the stock were exchanged, compared to its average volume of 2,469,699. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.86. Mastercard Incorporated has a 12 month low of $357.85 and a 12 month high of $490.00. The firm has a market capitalization of $424.45 billion, a P/E ratio of 36.17, a P/E/G ratio of 1.74 and a beta of 1.08. The company has a 50-day simple moving average of $468.64 and a two-hundred day simple moving average of $439.23.

Mastercard (NYSE:MA) last issued its quarterly earnings results on Wednesday, May 1st. The credit services provider reported $3.31 EPS for the quarter, topping analysts’ consensus estimates of $3.22 by $0.09. Mastercard had a return on equity of 183.70% and a net margin of 46.09%. The company had revenue of $6.35 billion for the quarter, compared to analysts’ expectations of $6.34 billion. During the same quarter last year, the business earned $2.80 earnings per share. Mastercard’s revenue was up 10.4% on a year-over-year basis. On average, analysts forecast that Mastercard Incorporated will post 14.22 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently commented on MA. William Blair reissued an “outperform” rating on shares of Mastercard in a report on Wednesday, January 31st. Wells Fargo & Company increased their price objective on Mastercard from $490.00 to $530.00 and gave the company an “overweight” rating in a report on Wednesday, March 6th. Morgan Stanley cut their price objective on Mastercard from $536.00 to $524.00 and set an “overweight” rating for the company in a report on Thursday, May 2nd. The Goldman Sachs Group increased their price target on Mastercard from $433.00 to $482.00 and gave the company a “buy” rating in a research note on Thursday, January 11th. Finally, Mizuho dropped their price target on Mastercard from $480.00 to $478.00 and set a “buy” rating on the stock in a research note on Thursday, May 2nd. Two investment analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $496.27.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Westend Capital Management LLC bought a new position in shares of Mastercard in the first quarter worth $27,000. Palisade Asset Management LLC acquired a new stake in Mastercard in the first quarter valued at about $27,000. VitalStone Financial LLC boosted its stake in Mastercard by 300.0% in the fourth quarter. VitalStone Financial LLC now owns 60 shares of the credit services provider’s stock valued at $26,000 after buying an additional 45 shares in the last quarter. Altshuler Shaham Ltd acquired a new stake in Mastercard in the fourth quarter valued at about $26,000. Finally, LFA Lugano Financial Advisors SA acquired a new stake in Mastercard in the fourth quarter valued at about $27,000. Institutional investors own 97.28% of the company’s stock.

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.