Axxcess Wealth Management LLC Sells 10,891 Shares of Mastercard Incorporated $MA

Key Points

• Axxcess Wealth Management cut its Mastercard stake by 69.7% in the third quarter, selling 10,891 shares and retaining 4,740 shares valued at approximately $2.6 million. Institutional investors and hedge funds collectively own 97.28% of the stock.
• Mastercard insiders sold shares recently, including the CEO and CFO under pre-arranged Rule 10b5-1 plans. Analysts remain broadly bullish, with a consensus “Moderate Buy” rating and an average price target of $682.66.
• Mastercard reported stronger-than-expected quarterly earnings and revenue, while its stock traded near a 12-month high. The company also declared a quarterly dividend of $0.87 per share, representing a 0.6% yield.

Axxcess Wealth Management LLC reduced its stake in Mastercard Incorporated (NYSE:MA - Free Report) by 69.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,740 shares of the credit services provider's stock after selling 10,891 shares during the quarter. Axxcess Wealth Management LLC's holdings in Mastercard were worth $2,614,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MA. Border to Coast Pensions Partnership Ltd grew its position in shares of Mastercard by 7.3% in the 1st quarter. Border to Coast Pensions Partnership Ltd now owns 139,844 shares of the credit services provider's stock valued at $70,089,000 after acquiring an additional 9,504 shares during the period. Gamco Investors INC. ET AL increased its stake in shares of Mastercard by 5.4% during the 1st quarter. Gamco Investors INC. ET AL now owns 28,205 shares of the credit services provider's stock worth $14,093,000 after purchasing an additional 1,434 shares during the last quarter. Patriot Financial Group Insurance Agency LLC increased its stake in shares of Mastercard by 105.1% during the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 12,834 shares of the credit services provider's stock worth $6,412,000 after purchasing an additional 6,576 shares during the last quarter. Hsbc Holdings PLC raised its holdings in shares of Mastercard by 5.3% in the 2nd quarter. Hsbc Holdings PLC now owns 1,656,528 shares of the credit services provider's stock valued at $850,004,000 after purchasing an additional 82,793 shares during the period. Finally, SteelPeak Wealth LLC raised its holdings in shares of Mastercard by 50.1% in the 1st quarter. SteelPeak Wealth LLC now owns 14,003 shares of the credit services provider's stock valued at $6,996,000 after purchasing an additional 4,675 shares during the period. 97.28% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Mastercard

In other news, insider Sachin Mehra sold 3,266 shares of the business's stock in a transaction that occurred on Wednesday, September 2nd. The shares were sold at an average price of $584.00, for a total value of $1,907,344.00. Following the completion of the transaction, the insider directly owned 36,650 shares in the company, valued at approximately $21,403,600. The trade was a 8.18% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Ling Hai sold 4,317 shares of the business's stock in a transaction that occurred on Friday, October 16th. The shares were sold at an average price of $620.00, for a total transaction of $2,676,540.00. Following the completion of the transaction, the chief financial officer owned 35,750 shares of the company's stock, valued at $22,165,000. The trade was a 10.77% 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. Insiders have sold a total of 72,676 shares of company stock valued at $41,966,586 over the last three months. 0.09% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Raymond James Financial reiterated an "outperform" rating and issued a $632.00 target price (up from $609.00) on shares of Mastercard in a research note on Friday, July 31st. Clear Str raised Mastercard to a "strong-buy" rating in a research report on Thursday, July 16th. Truist Financial upped their price objective on Mastercard from $554.00 to $633.00 and gave the company a "buy" rating in a research note on Wednesday, August 5th. Piper Sandler upped their price objective on Mastercard from $597.00 to $710.00 and gave the company an "overweight" rating in a research note on Friday, July 31st. Finally, Barclays raised their price objective on Mastercard from $640.00 to $660.00 and gave the company an "overweight" rating in a research report on Friday, July 31st. Two research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $682.66.

Mastercard Stock Performance

NYSE MA opened at $632.46 on Friday. The firm has a 50-day moving average price of $580.82 and a two-hundred day moving average price of $538.90. Mastercard Incorporated has a 12-month low of $464.52 and a 12-month high of $633.29. The company has a market capitalization of $554.04 billion, a P/E ratio of 33.15, a P/E/G ratio of 1.77 and a beta of 0.76. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 3.96.

Mastercard (NYSE:MA - Get Free Report) last released its quarterly earnings results 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 company had revenue of $9.28 billion during the quarter, compared to the consensus estimate of $9.08 billion. Mastercard had a net margin of 46.34% and a return on equity of 239.99%. The firm's quarterly revenue was up 14.1% on a year-over-year basis. During the same period in the previous year, the business earned $4.15 earnings per share. Analysts anticipate that Mastercard Incorporated will post 19.91 earnings per share for the current year.

Mastercard Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Friday, October 9th will be given a dividend of $0.87 per share. The ex-dividend date of this dividend is Friday, October 9th. This represents a $3.48 annualized dividend and a yield of 0.6%. Mastercard's dividend payout ratio is currently 19.14%.

More Mastercard News

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Tokenization could support revenue growth. UBS estimates payment-tokenization services may contribute low-single-digit percentage growth to Mastercard’s overall revenue and low-to-mid-single-digit growth in value-added services as digital payments expand and fraud prevention becomes more important. Visa and Mastercard tokenization fees could support revenue growth, UBS says
• Positive Sentiment: Upcoming earnings expectations are favorable. Analysts anticipate year-over-year earnings growth in Mastercard’s upcoming report, while recent results have exceeded consensus estimates for both earnings and revenue. This is reinforcing expectations for another potential earnings beat. MasterCard Reports Next Week: Wall Street Expects Earnings Growth
• Positive Sentiment: Mastercard is expanding its technology and payments ecosystem. New initiatives include AI tools that help cardholders use benefits, developer APIs for AI-agent payments, stablecoin risk-assessment capabilities and a Global Money Platform developed with BVNK. These products could create future revenue streams and strengthen Mastercard’s role in digital commerce. Mastercard unveils AI assistant to help cardholders use benefits
• Positive Sentiment: Partnerships broaden payment volume opportunities. Agreements with Aurionpro for contactless transit payments in North America and BankIslami for Shariah-compliant cards could expand Mastercard’s acceptance footprint and transaction volumes. Its First-Party Trust program also targets rising “friendly fraud,” supporting merchant demand for Mastercard’s security services. Aurionpro, Mastercard Partner on Contactless Transit Payments in North America
• Neutral Sentiment: Valuation and execution remain considerations. Mastercard has substantially outperformed the broader market and trades at a premium earnings multiple. Investors will likely focus on whether upcoming results and guidance justify that valuation, particularly as the shares approach their 52-week high. Is the Market Underpricing Mastercard Stock?

About Mastercard

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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