Kornitzer Capital Management Inc. KS Has $9.97 Million Stock Position in Mastercard Incorporated $MA

Posted by Francis Steltz on Aug 24th, 2026

Kornitzer Capital Management Inc. KS reduced its position in Mastercard Incorporated (NYSE:MA – Free Report) by 18.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 19,420 shares of the credit services provider’s stock after selling 4,270 shares during the period. Kornitzer Capital Management Inc. KS’s holdings in Mastercard were worth $9,974,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Vanguard Group Inc. boosted its stake in Mastercard by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 79,897,854 shares of the credit services provider’s stock worth $45,612,087,000 after purchasing an additional 466,514 shares during the period. J. Stern & Co. LLP raised its stake in Mastercard by 53,535.0% during the 4th quarter. J. Stern & Co. LLP now owns 72,597,097 shares of the credit services provider’s stock valued at $41,444,231,000 after purchasing an additional 72,461,743 shares during the period. State Street Corp lifted its holdings in shares of Mastercard by 2.8% in the third quarter. State Street Corp now owns 36,580,374 shares of the credit services provider’s stock valued at $20,807,283,000 after purchasing an additional 997,536 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Mastercard by 1.7% in the fourth quarter. Geode Capital Management LLC now owns 20,686,605 shares of the credit services provider’s stock valued at $11,773,153,000 after purchasing an additional 349,369 shares in the last quarter. Finally, Capital International Investors boosted its position in shares of Mastercard by 4.4% in the fourth quarter. Capital International Investors now owns 17,964,658 shares of the credit services provider’s stock worth $10,256,368,000 after buying an additional 759,584 shares during the period. Institutional investors and hedge funds own 97.28% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on MA shares. The Goldman Sachs Group reiterated a “buy” rating and set a $701.00 price target on shares of Mastercard in a report on Thursday, July 30th. Loop Capital restated a “buy” rating and set a $631.00 price objective on shares of Mastercard in a research report on Wednesday, June 3rd. Wall Street Zen cut Mastercard from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Keefe, Bruyette & Woods upped their target price on Mastercard from $665.00 to $685.00 and gave the company an “outperform” rating in a report on Friday, July 31st. Finally, Robert W. Baird increased their price target on shares of Mastercard from $660.00 to $680.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 7th. Five research analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, Mastercard currently has a consensus rating of “Buy” and an average price target of $661.93.

Check Out Our Latest Stock Analysis on MA

Key Mastercard News

Here are the key news stories impacting Mastercard this week:

Positive Sentiment: Mastercard is positioning its network for “agentic payments,” in which artificial-intelligence agents make purchases for consumers. Its participation in the Agentic Payments Alliance and CEO Michael Miebach’s comments suggest the company is working to establish standards and capture transaction volume from this emerging market. How Mastercard CEO is preparing for a world where AI agents do the shopping
Positive Sentiment: Mastercard’s latest quarterly results showed earnings per share of $5.04 and revenue of $9.28 billion, exceeding analyst estimates. Revenue increased 14.1% year over year, reinforcing the company’s growth and profitability profile.
Neutral Sentiment: Analyst sentiment remains favorable, with a consensus “Buy” rating and an average price target of $661.93. However, valuation assessments are mixed: some intrinsic-value models indicate upside, while earnings-based measures suggest MA trades at a premium. Can Mastercard stay cheap as AI payments expand?
Neutral Sentiment: Mastercard appointed Yasemin Bedir as president of its Eastern Europe, Middle East and Africa region. The change could support regional expansion, but no immediate financial impact was announced. Mastercard appoints Yasemin Bedir as EEMEA president
Negative Sentiment: A reported UK legal ruling could make millions of people eligible for approximately £70 in compensation related to Mastercard card-fee claims. The potential financial liability and scope of the case remain unclear, but the development adds litigation risk. Mastercard ruling as millions could get compensation
Negative Sentiment: Chief Business Officer Sachin J. Mehra sold 8,444 shares for roughly $4.87 million across August 19–20. The trades were conducted under a pre-arranged Rule 10b5-1 plan, reducing their significance as a discretionary bearish signal, although they may weigh modestly on sentiment. Mastercard insider trading filing

Mastercard Trading Down 0.1%

NYSE MA opened at $580.26 on Monday. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 3.96. Mastercard Incorporated has a 1-year low of $464.52 and a 1-year high of $601.77. The firm’s fifty day simple moving average is $538.80 and its 200-day simple moving average is $517.80. The company has a market capitalization of $508.31 billion, a PE ratio of 31.92, a price-to-earnings-growth ratio of 1.74 and a beta of 0.71.

Mastercard (NYSE:MA – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The credit services provider reported $5.04 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $9.28 billion during the quarter, compared to analysts’ expectations of $9.08 billion. During the same quarter last year, the firm earned $4.15 earnings per share. The business’s revenue for the quarter was up 14.1% on a year-over-year basis. As a group, sell-side analysts anticipate that Mastercard Incorporated will post 19.86 earnings per share for the current fiscal year.

Mastercard Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 7th. Stockholders of record on Thursday, July 9th were paid a dividend of $0.87 per share. The ex-dividend date of this dividend was Thursday, July 9th. This represents a $3.48 dividend on an annualized basis and a dividend yield of 0.6%. Mastercard’s dividend payout ratio (DPR) is 19.14%.

Insider Buying and Selling at Mastercard

In related 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 transaction, the chief executive officer owned 93,693 shares in the company, valued at approximately $53,873,475. This represents a 14.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Raj Seshadri sold 1,977 shares of the firm’s stock in a transaction that occurred on Thursday, July 2nd. The shares were sold at an average price of $529.73, for a total transaction of $1,047,276.21. Following the transaction, the insider directly owned 16,429 shares in the company, valued at approximately $8,702,934.17. The trade was a 10.74% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 71,357 shares of company stock worth $40,637,262 over the last quarter. Insiders own 0.09% of the company’s stock.

Mastercard Company Profile

(Free Report)

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.