Mastercard Incorporated $MA Stock Sold by Greenup Street Wealth Management LLC

Key Points

• Greenup Street Wealth Management cut its Mastercard position by 81.8% in the third quarter, selling 3,836 shares and retaining 852 shares valued at approximately $470,000. Institutional investors still own 97.28% of the company.
• Mastercard reported stronger-than-expected third-quarter results: adjusted EPS was $5.31 versus $5.17 expected, while revenue rose 14% year over year to $9.81 billion. Purchase volume, cross-border volume and value-added services also posted solid growth.
• Analyst sentiment remains favorable, with a consensus “Moderate Buy” rating and an average price target of $698.36, though investors face risks from a proposed £5 billion UK lawsuit, increased debt and declining operating cash flow.

Greenup Street Wealth Management LLC lowered its position in Mastercard Incorporated (NYSE:MA - Free Report) by 81.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 852 shares of the credit services provider's stock after selling 3,836 shares during the quarter. Greenup Street Wealth Management LLC's holdings in Mastercard were worth $470,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Fundsmith LLP bought a new stake in shares of Mastercard during the second quarter valued at approximately $639,458,000. Corient Private Wealth LP lifted its position in Mastercard by 147.2% in the second quarter. Corient Private Wealth LP now owns 1,682,183 shares of the credit services provider's stock worth $863,969,000 after purchasing an additional 1,001,671 shares during the period. Assenagon Asset Management S.A. lifted its position in Mastercard by 295.8% in the second quarter. Assenagon Asset Management S.A. now owns 860,011 shares of the credit services provider's stock worth $441,702,000 after purchasing an additional 642,724 shares during the period. SEB Asset Management AB acquired a new stake in Mastercard during the first quarter worth $293,574,000. Finally, Soroban Capital Partners LP boosted its stake in Mastercard by 30.5% during the first quarter. Soroban Capital Partners LP now owns 2,464,499 shares of the credit services provider's stock worth $1,231,412,000 after buying an additional 575,412 shares in the last quarter. Institutional investors own 97.28% of the company's stock.

Insider Buying and Selling

In other Mastercard news, insider Sachin Mehra sold 7,444 shares of the business's stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $577.13, for a total value of $4,296,155.72. Following the transaction, the insider owned 40,916 shares of the company's stock, valued at approximately $23,613,851.08. The trade was a 15.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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, Director Julius Genachowski sold 371 shares of the stock in a transaction on Friday, October 9th. The stock was sold at an average price of $585.01, for a total value of $217,038.71. Following the sale, the director owned 8,607 shares in the company, valued at $5,035,181.07. The trade was a 4.13% 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. In the last quarter, insiders have sold 56,048 shares of company stock valued at $32,527,203. Insiders own 0.09% of the company's stock.

Trending Headlines about Mastercard

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Q3 results exceeded expectations: Mastercard reported adjusted earnings of $5.31 per share versus the $5.17 consensus, while revenue rose 14% year over year to $9.81 billion, ahead of the $9.66 billion estimate. Net income increased 18% to approximately $4.6 billion. Reuters earnings article
• Positive Sentiment: Payment activity and services remained strong: Purchase volume rose 9%, cross-border volume increased 11%, and switched transactions grew 9% on a local-currency basis. Value-added services revenue advanced 19%, supported by fraud prevention, data and marketing offerings, while the adjusted operating margin reached 60.5%.
• Positive Sentiment: Analyst sentiment improved materially: TD Cowen, Wells Fargo, RBC, Barclays, Keefe, Bruyette & Woods and Susquehanna all raised their price targets, with targets ranging from $700 to $750 and ratings including “buy,” “overweight” and “outperform.” Analysts also highlighted Mastercard’s potential in AI commerce, tokenized payments and stablecoins. Zacks earnings call article
• Neutral Sentiment: Mastercard continues expanding its payments ecosystem through partnerships involving Google Pay, pay-by-bank services, co-branded cards and agentic commerce. These initiatives could support long-term transaction growth, although their near-term financial contribution is uncertain.
• Negative Sentiment: Investors face legal and financial risks. A proposed £5 billion UK collective lawsuit alleges Mastercard’s interchange fees harmed merchants. Separately, nine-month operating cash flow declined 6%, while buybacks and dividends exceeded operating cash flow and debt increased by roughly $4.9 billion. UK lawsuit article

Mastercard Stock Performance

NYSE:MA opened at $638.50 on Friday. The stock has a market capitalization of $559.33 billion, a P/E ratio of 33.39, a price-to-earnings-growth ratio of 1.81 and a beta of 0.76. The company has a current ratio of 1.01, a quick ratio of 1.06 and a debt-to-equity ratio of 3.29. Mastercard Incorporated has a 1 year low of $464.52 and a 1 year high of $644.24. The firm has a 50 day moving average of $586.79 and a 200-day moving average of $536.21.

Mastercard (NYSE:MA - Get Free Report) last released its quarterly earnings results on Thursday, October 29th. The credit services provider reported $5.31 EPS for the quarter, topping analysts' consensus estimates of $5.17 by $0.14. Mastercard had a return on equity of 260.86% and a net margin of 46.73%. The business had revenue of $9.81 billion for the quarter, compared to analyst estimates of $9.66 billion. During the same period in the prior year, the company earned $4.38 EPS. Mastercard's revenue for the quarter was up 14.0% on a year-over-year basis. As a group, sell-side analysts anticipate that Mastercard Incorporated will post 19.91 EPS for the current fiscal year.

Mastercard Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Friday, October 9th will be paid a $0.87 dividend. The ex-dividend date of this dividend is Friday, October 9th. This represents a $3.48 dividend on an annualized basis and a yield of 0.5%. Mastercard's payout ratio is currently 18.20%.

Analyst Ratings Changes

Several brokerages have issued reports on MA. BMO Capital Markets reissued an "outperform" rating and issued a $665.00 price target on shares of Mastercard in a report on Thursday, October 15th. JPMorgan Chase & Co. raised their price objective on shares of Mastercard from $720.00 to $755.00 and gave the stock an "overweight" rating in a report on Friday. Rothschild & Co Redburn decreased their target price on shares of Mastercard from $710.00 to $688.00 and set a "buy" rating on the stock in a research report on Wednesday, September 2nd. Keefe, Bruyette & Woods upped their target price on shares of Mastercard from $685.00 to $750.00 and gave the company an "outperform" rating in a research note on Friday. Finally, Piper Sandler upped their target price on shares of Mastercard from $597.00 to $710.00 and gave the company an "overweight" rating in a research note on Friday, July 31st. Two analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $698.36.

Mastercard 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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