Mastercard Incorporated $MA Shares Sold by Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust

Key Points

• Retail Employees Superannuation Trust cut its Mastercard stake by 36.9% in the second quarter, selling 11,066 shares and retaining 18,905 shares worth approximately $9.71 million.
• Mastercard reported quarterly revenue of $9.28 billion and EPS of $5.04, exceeding analyst expectations, with revenue up 14.1% year over year. Institutional investors own approximately 97.28% of the company.
• Several analysts raised their price targets, contributing to a consensus “Buy” rating and an average target of $661.93, while insiders sold roughly $40.6 million worth of shares during the quarter under pre-arranged trading plans.

Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust lowered its stake in shares of Mastercard Incorporated (NYSE:MA - Free Report) by 36.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 18,905 shares of the credit services provider's stock after selling 11,066 shares during the quarter. Mastercard comprises about 2.6% of Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust's holdings, making the stock its 17th largest position. Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust's holdings in Mastercard were worth $9,710,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its position in Mastercard by 42.3% in the 4th quarter. Brighton Jones LLC now owns 6,824 shares of the credit services provider's stock valued at $3,594,000 after buying an additional 2,028 shares during the last quarter. Schnieders Capital Management LLC. raised its position in Mastercard by 8.5% during the 2nd quarter. Schnieders Capital Management LLC. now owns 2,548 shares of the credit services provider's stock worth $1,432,000 after buying an additional 200 shares during the last quarter. Betterment LLC lifted its stake in shares of Mastercard by 6.5% in the 2nd quarter. Betterment LLC now owns 947 shares of the credit services provider's stock worth $532,000 after acquiring an additional 58 shares during the period. Worldquant Millennium Advisors LLC lifted its stake in shares of Mastercard by 35.8% in the 2nd quarter. Worldquant Millennium Advisors LLC now owns 677,204 shares of the credit services provider's stock worth $380,548,000 after acquiring an additional 178,387 shares during the period. Finally, Darwin Wealth Management LLC purchased a new stake in shares of Mastercard in the second quarter valued at about $431,000. Institutional investors and hedge funds own 97.28% of the company's stock.

Insiders Place Their Bets

In related news, insider Sandra A. Arkell sold 200 shares of the company's stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $540.00, for a total value of $108,000.00. Following the sale, the insider owned 3,322 shares in the company, valued at $1,793,880. This represents a 5.68% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Michael Miebach sold 15,372 shares of the firm's stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $575.00, for a total value of $8,838,900.00. Following the completion of the transaction, the chief executive officer directly owned 93,693 shares of the company's stock, valued at $53,873,475. The trade was a 14.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 71,357 shares of company stock worth $40,637,262. 0.09% of the stock is owned by insiders.

Mastercard Stock Up 0.1%

Shares of NYSE MA opened at $574.33 on Friday. 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 Incorporated has a 52 week low of $464.52 and a 52 week high of $601.77. The firm has a 50-day moving average price of $536.98 and a 200 day moving average price of $517.63. The stock has a market capitalization of $503.12 billion, a price-to-earnings ratio of 31.59, a price-to-earnings-growth ratio of 1.72 and a beta of 0.72.

Mastercard (NYSE:MA - Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The credit services provider reported $5.04 EPS for the quarter, topping 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 firm had revenue of $9.28 billion for the quarter, compared to the consensus estimate of $9.08 billion. During the same quarter in the previous year, the firm earned $4.15 earnings per share. The firm's revenue was up 14.1% on a year-over-year basis. Equities research analysts anticipate that Mastercard Incorporated will post 19.86 EPS for the current fiscal year.

Mastercard Announces Dividend

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 annualized dividend and a dividend yield of 0.6%. Mastercard's payout ratio is 19.14%.

Mastercard News Summary

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard is participating in the Agentic Payments Alliance with Rain, Visa and other industry players. The group aims to establish standards for AI agents that can conduct purchases, potentially creating new transaction volumes and strengthening Mastercard’s role in emerging digital payments. Rain forms agentic payments alliance with Visa, Mastercard and other players
• Positive Sentiment: Chief Executive Officer Michael Miebach discussed how Mastercard is preparing for a future in which AI agents shop on behalf of consumers. The strategy could help the company capture payments from a rapidly developing technology trend. How Mastercard CEO is preparing for a world where AI agents do the shopping
• Positive Sentiment: A recent investor analysis highlighted Mastercard’s stable growth outlook, supported by expanding payment volume, cross-border transactions and strong profitability. Stable Growth Trajectory Positions Mastercard for Strong Returns
• Neutral Sentiment: Mastercard appointed Yasemin Bedir as president of its Eastern Europe, Middle East and Africa region. The leadership change could support regional expansion, but its near-term financial impact is unclear. Mastercard appoints Yasemin Bedir as EEMEA president
• Negative Sentiment: Insider J. Mehra Sachin sold 8,444 shares for approximately $4.87 million across August 19–20. Although the sales reduced his holdings, the use of a pre-arranged trading plan makes them a weaker bearish signal than discretionary selling. Mastercard insider trading filing

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on MA shares. UBS Group boosted their price target on shares of Mastercard from $640.00 to $670.00 and gave the stock a "buy" rating in a research note on Friday, July 31st. Truist Financial lifted their price objective on Mastercard from $554.00 to $633.00 and gave the company a "buy" rating in a report on Wednesday, August 5th. Clear Str upgraded Mastercard to a "strong-buy" rating in a research report on Thursday, July 16th. Loop Capital reissued a "buy" rating and set a $631.00 target price on shares of Mastercard in a research note on Wednesday, June 3rd. Finally, TD Cowen raised their price target on Mastercard from $664.00 to $667.00 and gave the company a "buy" rating in a report on Friday, July 31st. Five investment analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Mastercard presently has an average rating of "Buy" and a consensus target price of $661.93.

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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