Mastercard Incorporated $MA Shares Newly Purchased by Leo Wealth LLC

Key Points

• Leo Wealth LLC newly acquired 2,053 Mastercard shares worth approximately $1.13 million, while institutional investors collectively own 97.28% of the company.
• Mastercard insiders sold 72,676 shares worth nearly $42 million over the past three months, including sales by CEO Michael Miebach and insider Sachin Mehra under pre-arranged Rule 10b5-1 plans.
• Analysts remain broadly bullish, with a consensus “Moderate Buy” rating and $683.94 target price; Mastercard also reported better-than-expected quarterly earnings and declared a quarterly dividend of $0.87 per share.

Leo Wealth LLC acquired a new position in shares of Mastercard Incorporated (NYSE:MA - Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 2,053 shares of the credit services provider's stock, valued at approximately $1,132,000.

Several other hedge funds have also made changes to their positions in MA. State Street Corp grew its holdings in Mastercard by 1.3% in the 2nd quarter. State Street Corp now owns 36,964,305 shares of the credit services provider's stock valued at $18,984,867,000 after buying an additional 486,283 shares during the period. Jennison Associates LLC boosted its position in Mastercard by 10.4% during the 1st quarter. Jennison Associates LLC now owns 5,123,041 shares of the credit services provider's stock worth $2,559,779,000 after purchasing an additional 480,725 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Mastercard by 1.0% in the first quarter. Dimensional Fund Advisors LP now owns 4,225,359 shares of the credit services provider's stock worth $2,111,216,000 after buying an additional 42,871 shares during the period. Arrowstreet Capital Limited Partnership boosted its holdings in Mastercard by 17.8% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,666,018 shares of the credit services provider's stock worth $1,831,763,000 after acquiring an additional 554,366 shares during the period. Finally, Amundi grew its holdings in Mastercard by 5.8% during the 2nd quarter. Amundi now owns 3,626,416 shares of the credit services provider's stock valued at $1,862,527,000 after purchasing an additional 199,424 shares in the last quarter. Institutional investors and hedge funds own 97.28% of the company's stock.

Insider Transactions at Mastercard

In related news, insider Sachin Mehra sold 3,266 shares of the stock in a transaction dated 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 sale, the insider owned 36,650 shares in the company, valued at approximately $21,403,600. This trade represents a 8.18% decrease in their ownership of the stock. The transaction was disclosed in a filing 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, CEO Michael Miebach sold 15,372 shares of Mastercard 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 sale, the chief executive officer directly owned 93,693 shares in the company, valued at $53,873,475. The trade was a 14.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 72,676 shares of company stock worth $41,966,586. Insiders own 0.09% of the company's stock.

Analyst Upgrades and Downgrades

MA has been the topic of several analyst reports. BMO Capital Markets restated an "outperform" rating and set a $665.00 price objective on shares of Mastercard in a report on Thursday, October 15th. JPMorgan Chase & Co. upped their target price on Mastercard from $655.00 to $720.00 and gave the company an "overweight" rating in a report on Friday, July 31st. Barclays lifted their price objective on shares of Mastercard from $640.00 to $660.00 and gave the company an "overweight" rating in a research report on Friday, July 31st. Truist Financial boosted their price target on Mastercard from $633.00 to $674.00 and gave the stock a "buy" rating in a research report on Friday. Finally, KeyCorp raised their price objective on shares of Mastercard from $670.00 to $680.00 and gave the company an "overweight" rating in a research note on Friday, July 31st. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Mastercard currently has an average rating of "Moderate Buy" and a consensus target price of $683.94.

Mastercard News Summary

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard partnered with Tech Mahindra to embed virtual cards and payment capabilities into ERP and procurement platforms. The initiative could expand Mastercard’s business-to-business payments volume, improve spend controls and support value-added-services revenue. Tech Mahindra and Mastercard partnership
• Positive Sentiment: The company is expanding its First-Party Trust program across Europe, the Middle East and Africa to reduce “friendly fraud” and payment disputes. Broader fraud-prevention and chargeback tools may strengthen merchant relationships and create additional services revenue. Mastercard EMEA fraud program
• Positive Sentiment: Mastercard launched a creator-focused card initiative with MrBeast’s Beast Industries, potentially supporting new co-branded card programs, consumer engagement and creator-economy payment products. Mastercard creator card project
• Positive Sentiment: Mastercard is being positioned to benefit from long-term digital-payments growth, AI-agent commerce, tokenization and expanded payment-security applications. A financing platform with FCMB could also broaden financial access for Nigerian farmers. Mastercard and AI-agent commerce
• Neutral Sentiment: Analysts expect Visa and Mastercard to meet or beat quarterly estimates, with investors focused on payment volume, cross-border growth, value-added services and management’s outlook. The positive expectations raise the bar for MA’s October 29 report. Visa and Mastercard earnings outlook
• Negative Sentiment: With Mastercard trading at roughly 34 times earnings and near its annual high, investors may be locking in gains or reducing exposure before earnings. Any disappointment in key metrics or guidance could pressure the stock despite favorable long-term fundamentals. Mastercard third-quarter earnings risks

Mastercard Trading Down 1.5%

NYSE MA opened at $614.38 on Tuesday. Mastercard Incorporated has a 1-year low of $464.52 and a 1-year high of $633.29. The firm's fifty day simple moving average is $581.69 and its 200-day simple moving average is $535.08. 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 company has a market capitalization of $538.21 billion, a PE ratio of 33.79, a price-to-earnings-growth ratio of 1.78 and a beta of 0.76.

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. Mastercard had a net margin of 46.34% and a return on equity of 239.99%. The business had revenue of $9.28 billion for the quarter, compared to the consensus estimate of $9.08 billion. During the same quarter last year, the firm earned $4.15 EPS. Mastercard'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 19.91 earnings per share for the current fiscal year.

Mastercard Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Friday, October 9th will be issued 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 Friday, October 9th. Mastercard's dividend payout ratio is 19.14%.

Mastercard Company Profile

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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