Harbor Investment Advisory LLC lessened its stake in Mastercard Incorporated (NYSE:MA – Free Report) by 4.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 26,097 shares of the credit services provider’s stock after selling 1,191 shares during the period. Mastercard comprises about 0.9% of Harbor Investment Advisory LLC’s investment portfolio, making the stock its 18th largest position. Harbor Investment Advisory LLC’s holdings in Mastercard were worth $13,403,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also recently added to or reduced their stakes in the stock. Robinswood Financial LLC acquired a new position in Mastercard during the 1st quarter worth $25,000. E Fund Management Hong Kong Co. Ltd. grew its stake in Mastercard by 820.0% in the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 46 shares of the credit services provider’s stock worth $26,000 after purchasing an additional 41 shares in the last quarter. Strive Financial Group LLC acquired a new stake in Mastercard during the fourth quarter valued at approximately $27,000. Hyposwiss Advisors SA bought a new position in Mastercard during the 4th quarter worth approximately $29,000. Finally, First Pacific Financial grew its position in shares of Mastercard by 113.8% in the 1st quarter. First Pacific Financial now owns 62 shares of the credit services provider’s stock worth $31,000 after acquiring an additional 33 shares in the last quarter. 97.28% of the stock is owned by institutional investors and hedge funds.
More Mastercard News
Here are the key news stories impacting Mastercard this week:
- Positive Sentiment: BVNK acquisition expands digital-asset capabilities: Mastercard completed its purchase of stablecoin infrastructure provider BVNK, a deal announced at a value of up to $1.8 billion. The acquisition is intended to connect fiat and digital currencies and strengthen Mastercard’s offerings to banks, businesses and other institutions adopting stablecoins. Mastercard completes acquisition of BVNK to advance global stablecoin capabilities
- Positive Sentiment: Fiserv partnership could drive merchant-services growth: Mastercard and Fiserv announced a global partnership combining Fiserv’s Commerce Hub with Mastercard’s merchant services. The collaboration is designed to help enterprise merchants improve payments across channels and markets, potentially increasing Mastercard’s business-to-business and value-added-services opportunities. Fiserv and Mastercard Deepen Global Partnership
- Positive Sentiment: Analyst target increases reinforce bullish sentiment: Cantor Fitzgerald raised its Mastercard price target to $695 from $650 and maintained an “overweight” rating. Other reports also cited price-target increases to $680 and $685, suggesting analysts see additional upside following Mastercard’s strong earnings performance. Mastercard price target raised
- Positive Sentiment: Premium-card refresh supports payment volume and engagement: Mastercard, Citi and American Airlines introduced enhanced benefits for the Citi/AAdvantage Executive World Legend Mastercard, including expanded lounge access, rewards and travel-related perks. The initiative targets frequent premium travelers and could support spending activity on Mastercard’s network. Mastercard launches richer Citi AAdvantage Executive World Legend Card
- Neutral Sentiment: Mastercard announced six senior appointments across Asia Pacific and is reorganizing regional leadership. The moves may improve execution but have no immediate financial impact. Mastercard makes senior appointments across Asia Pacific
- Negative Sentiment: CEO Michael Miebach sold a combined 33,256 shares for approximately $19.1 million, reducing his direct holdings by roughly 26%. Because both sales occurred under a pre-arranged Rule 10b5-1 plan, they may reflect scheduled diversification rather than a negative view of Mastercard’s outlook, limiting the bearish signal. Mastercard CEO SEC Form 4 filing
Wall Street Analysts Forecast Growth
View Our Latest Stock Analysis on MA
Insider Transactions at Mastercard
In other news, CEO Michael Miebach sold 16,628 shares of the stock in a transaction on Friday, July 31st. The stock was sold at an average price of $567.68, for a total value of $9,439,383.04. Following the completion of the transaction, the chief executive officer owned 115,921 shares of the company’s stock, valued at approximately $65,806,033.28. This represents a 12.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sandra A. Arkell sold 200 shares of Mastercard stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $540.00, for a total transaction of $108,000.00. Following the sale, the insider owned 3,322 shares in the company, valued at approximately $1,793,880. This represents a 5.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 40,261 shares of company stock valued at $22,773,599. 0.09% of the stock is currently owned by corporate insiders.
Mastercard Stock Performance
MA opened at $571.26 on Wednesday. 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 business’s 50 day moving average is $517.87 and its 200-day moving average is $514.63. The stock has a market cap of $504.75 billion, a PE ratio of 31.42, a price-to-earnings-growth ratio of 1.73 and a beta of 0.72. Mastercard Incorporated has a twelve month low of $464.52 and a twelve month high of $601.77.
Mastercard (NYSE:MA – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The credit services provider reported $5.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.77 by $0.27. Mastercard had a return on equity of 239.99% and a net margin of 46.34%.The business had revenue of $9.28 billion during the quarter, compared to analyst estimates of $9.08 billion. During the same period in the prior year, the company posted $4.15 EPS. The business’s revenue for the quarter was up 14.1% compared to the same quarter last year. On average, analysts predict that Mastercard Incorporated will post 19.77 earnings per share for the current year.
Mastercard Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, August 7th. Shareholders of record on Thursday, July 9th will be given a dividend of $0.87 per share. This represents a $3.48 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Thursday, July 9th. Mastercard’s payout ratio is 19.14%.
Mastercard Profile
Mastercard Incorporated is a global payments technology company that operates a network connecting consumers, financial institutions, merchants, governments and businesses in more than 200 countries and territories. The company facilitates electronic payments and transaction processing for credit, debit and prepaid card products carrying the Mastercard brand, while also providing a range of payment-related services to issuers, acquirers and merchants. Its technology and network enable authorization, clearing and settlement of payments and support a broad set of use cases including point-of-sale, e-commerce and mobile payments.
Beyond core transaction processing, Mastercard offers a suite of value-added services such as fraud and risk management, identity and authentication tools, tokenization and digital wallet support, cross-border and commercial payment solutions, and data analytics and consulting services for merchants and financial partners.
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