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Rep. Josh Gottheimer Sells Off Shares of Mastercard Incorporated (NYSE:MA)

Mastercard logo with Business Services background

Representative Josh Gottheimer (D-New Jersey) recently sold shares of Mastercard Incorporated NYSE: MA. In a filing disclosed on April 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Mastercard stock on March 6th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.

Representative Josh Gottheimer also recently made the following trade(s):

  • Purchased $1,001 - $15,000 in shares of Visa NYSE: V on 3/24/2025.
  • Sold $1,001 - $15,000 in shares of Spotify Technology NYSE: SPOT on 3/24/2025.
  • Sold $1,001 - $15,000 in shares of Flywire NASDAQ: FLYW on 3/19/2025.
  • Sold $1,001 - $15,000 in shares of Disco OTCMKTS: DSCSY on 3/19/2025.
  • Sold $1,001 - $15,000 in shares of Snowflake NYSE: SNOW on 3/19/2025.
  • Sold $1,001 - $15,000 in shares of Diageo NYSE: DEO on 3/19/2025.
  • Sold $1,001 - $15,000 in shares of Shopify NYSE: SHOP on 3/19/2025.
  • Sold $1,001 - $15,000 in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk NYSE: TLK on 3/19/2025.
  • Sold $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 3/19/2025.
  • Sold $1,001 - $15,000 in shares of Tandem Diabetes Care NASDAQ: TNDM on 3/19/2025.

Mastercard Stock Up 0.8 %

Shares of MA stock traded up $4.03 during trading hours on Friday, reaching $517.46. The company had a trading volume of 3,329,748 shares, compared to its average volume of 2,624,345. The business has a fifty day simple moving average of $537.86 and a 200-day simple moving average of $528.79. Mastercard Incorporated has a 12 month low of $428.86 and a 12 month high of $582.23. The company has a market cap of $471.77 billion, a price-to-earnings ratio of 37.25, a price-to-earnings-growth ratio of 2.37 and a beta of 1.06. The company has a debt-to-equity ratio of 2.68, a current ratio of 1.03 and a quick ratio of 1.03.

Mastercard (NYSE:MA - Get Free Report) last posted its earnings results on Thursday, January 30th. The credit services provider reported $3.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.71 by $0.11. Mastercard had a net margin of 45.71% and a return on equity of 188.47%. On average, research analysts expect that Mastercard Incorporated will post 15.91 earnings per share for the current fiscal year.

Mastercard Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 9th. Shareholders of record on Wednesday, April 9th will be issued a dividend of $0.76 per share. This represents a $3.04 dividend on an annualized basis and a yield of 0.59%. The ex-dividend date of this dividend is Wednesday, April 9th. Mastercard's dividend payout ratio is currently 21.89%.

Institutional Trading of Mastercard

Hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. raised its holdings in Mastercard by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 77,179,138 shares of the credit services provider's stock valued at $40,640,219,000 after buying an additional 377,302 shares during the period. FMR LLC boosted its stake in shares of Mastercard by 4.3% during the 4th quarter. FMR LLC now owns 22,267,937 shares of the credit services provider's stock worth $11,725,627,000 after purchasing an additional 912,856 shares during the period. Geode Capital Management LLC grew its holdings in Mastercard by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 18,657,792 shares of the credit services provider's stock valued at $9,800,202,000 after purchasing an additional 282,739 shares during the last quarter. Norges Bank bought a new stake in Mastercard in the fourth quarter worth about $6,022,224,000. Finally, Wellington Management Group LLP boosted its position in shares of Mastercard by 9.1% during the fourth quarter. Wellington Management Group LLP now owns 9,760,740 shares of the credit services provider's stock valued at $5,139,713,000 after buying an additional 817,836 shares during the period. 97.28% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Mastercard

In related news, insider Edward Grunde Mclaughlin sold 7,132 shares of the business's stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of $534.68, for a total transaction of $3,813,337.76. Following the transaction, the insider now directly owns 34,524 shares in the company, valued at $18,459,292.32. The trade was a 17.12 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Michael Miebach sold 15,775 shares of the business's stock in a transaction dated Wednesday, March 26th. The stock was sold at an average price of $550.16, for a total value of $8,678,774.00. Following the sale, the chief executive officer now owns 84,871 shares in the company, valued at $46,692,629.36. The trade was a 15.67 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.10% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on MA shares. Oppenheimer reduced their target price on Mastercard from $591.00 to $588.00 and set an "outperform" rating for the company in a report on Thursday, December 19th. KeyCorp boosted their price target on shares of Mastercard from $600.00 to $630.00 and gave the stock an "overweight" rating in a report on Friday, January 31st. Barclays raised their price objective on shares of Mastercard from $595.00 to $650.00 and gave the stock an "overweight" rating in a report on Monday, February 3rd. JPMorgan Chase & Co. boosted their target price on shares of Mastercard from $590.00 to $610.00 and gave the company an "overweight" rating in a research note on Friday, January 31st. Finally, Evercore ISI began coverage on shares of Mastercard in a research note on Wednesday, April 9th. They set an "in-line" rating and a $550.00 price target for the company. Six analysts have rated the stock with a hold rating, twenty-three have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $607.96.

Read Our Latest Stock Analysis on MA

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027. Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election. Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025. Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

About Mastercard

(Get Free Report)

Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. The company offers integrated products and value-added services for account holders, merchants, financial institutions, digital partners, businesses, governments, and other organizations, such as programs that enable issuers to provide consumers with credits to defer payments; payment products and solutions that allow its customers to access funds in deposit and other accounts; prepaid programs services; and commercial credit, debit, and prepaid payment products and solutions.

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