Concurrent Investment Advisors LLC Acquires 3,369 Shares of Mastercard Incorporated $MA

Key Points

• Concurrent Investment Advisors increased its Mastercard stake by 8.4% in the second quarter, adding 3,369 shares to own 43,352 shares valued at $22.3 million. Institutional investors collectively hold 97.28% of Mastercard’s outstanding stock.
• Mastercard reported quarterly EPS of $5.04, beating estimates of $4.77, while revenue rose 14.1% year over year to $9.28 billion. Analysts maintain a consensus “Buy” rating with an average price target of $666.64.
• Insiders have been net sellers, with executives selling 74,623 shares worth approximately $42.5 million over the past 90 days, primarily through pre-arranged Rule 10b5-1 trading plans.

Concurrent Investment Advisors LLC raised its holdings in shares of Mastercard Incorporated (NYSE:MA - Free Report) by 8.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 43,352 shares of the credit services provider's stock after buying an additional 3,369 shares during the quarter. Concurrent Investment Advisors LLC's holdings in Mastercard were worth $22,266,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of MA. Border to Coast Pensions Partnership Ltd raised its holdings 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 worth $70,089,000 after buying an additional 9,504 shares in the last quarter. Canada Post Corp Registered Pension Plan boosted its stake in Mastercard by 6.1% in the 4th quarter. Canada Post Corp Registered Pension Plan now owns 65,414 shares of the credit services provider's stock valued at $37,344,000 after buying an additional 3,768 shares in the last quarter. Marble Wealth LLC bought a new stake in Mastercard in the fourth quarter valued at $1,328,000. Charles Lim Capital Ltd acquired a new position in Mastercard during the fourth quarter worth $15,699,000. Finally, Gamco Investors INC. ET AL lifted its holdings in shares of Mastercard by 5.4% during the first quarter. Gamco Investors INC. ET AL now owns 28,205 shares of the credit services provider's stock valued at $14,093,000 after acquiring an additional 1,434 shares during the period. Institutional investors and hedge funds own 97.28% of the company's stock.

Insider Buying and Selling at Mastercard

In related news, CEO Michael Miebach sold 16,628 shares of the firm's stock in a transaction on Friday, July 31st. The shares were 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 trade represents a 12.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Linda Kirkpatrick sold 4,280 shares of the business's stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $570.31, for a total transaction of $2,440,926.80. Following the sale, the insider directly owned 31,179 shares in the company, valued at $17,781,695.49. This trade represents a 12.07% 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 ninety days, insiders have sold 74,623 shares of company stock worth $42,544,606. Company insiders own 0.09% of the company's stock.

Analyst Ratings Changes

Several research firms have recently weighed in on MA. Barclays upped their target price on shares of Mastercard from $640.00 to $660.00 and gave the stock an "overweight" rating in a report on Friday, July 31st. The Goldman Sachs Group restated a "buy" rating and set a $701.00 target price on shares of Mastercard in a research report on Thursday, July 30th. Dbs Bank raised shares of Mastercard to a "moderate buy" rating in a research note on Friday, August 21st. Cantor Fitzgerald raised their target price on Mastercard from $650.00 to $695.00 and gave the stock an "overweight" rating in a report on Monday, August 3rd. Finally, Raymond James Financial reissued an "outperform" rating and set a $632.00 price target on shares of Mastercard in a research report on Friday, July 31st. Five analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus price target of $666.64.

Mastercard Stock Down 0.4%

NYSE:MA opened at $585.70 on Friday. The stock has a 50-day simple moving average of $556.91 and a 200 day simple moving average of $521.06. Mastercard Incorporated has a 52-week low of $464.52 and a 52-week high of $601.62. The company has a market cap of $513.08 billion, a PE ratio of 32.22, a PEG ratio of 1.69 and a beta of 0.74. The company has a debt-to-equity ratio of 3.96, a quick ratio of 1.06 and a current ratio of 1.06.

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, topping analysts' consensus estimates of $4.77 by $0.27. The firm had revenue of $9.28 billion during the quarter, compared to the consensus estimate of $9.08 billion. Mastercard had a return on equity of 239.99% and a net margin of 46.34%.The business's revenue was up 14.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.15 EPS. On average, sell-side analysts expect that Mastercard Incorporated will post 19.86 EPS for the current fiscal year.

Mastercard Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 7th. Investors of record on Thursday, July 9th were issued a dividend of $0.87 per share. The ex-dividend date was Thursday, July 9th. This represents a $3.48 annualized dividend and a yield of 0.6%. Mastercard's dividend payout ratio is presently 19.14%.

Mastercard News Roundup

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard’s value-added services business generated 20% revenue growth in the second quarter, supported by cybersecurity, artificial intelligence and digital solutions. Continued cross-selling and demand for these services could help sustain growth beyond the company’s core payment network. Can Mastercard’s VAS Business Sustain Its Double-Digit Growth?
• Positive Sentiment: Mastercard launched the first cohort in its Start Path program dedicated to agentic commerce, admitting 22 startups developing infrastructure for AI agents that can transact autonomously. The initiative positions Mastercard to participate in a potentially important new payments channel. Mastercard Start Path Launches Inaugural Agentic Commerce Cohort
• Positive Sentiment: Mastercard and partners including Cloudflare and Olas are developing payment rails for agentic commerce, reinforcing the company’s strategy of integrating AI into its global network. Agentic Commerce Is Here As Mastercard, Cloudflare and Olas Build Rails
• Positive Sentiment: Analyst commentary continues to view Mastercard as resilient because of its payment-network duopoly and growing AI capabilities, although elevated valuation remains a consideration for investors. Mastercard Stays Resilient with AI Integration and Payment Duopoly
• Neutral Sentiment: Mastercard is offering deals with Klook for U.S. travelers visiting Pacific destinations, a promotion that may support transaction activity and customer engagement but is unlikely to materially affect near-term earnings. Mastercard and Klook Launch Deals for Pacific-Bound U.S. Travelers
• Negative Sentiment: Chief Financial Officer Sachin Mehra sold 3,266 shares worth approximately $1.9 million, reducing his direct holdings by 8.18%. The transaction occurred under a pre-arranged Rule 10b5-1 plan, which makes it a weaker bearish signal than a discretionary sale but may still weigh on sentiment. SEC Insider Transaction Filing

Mastercard Company 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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