Rep. Bruce Westerman Sells Off Shares of Mastercard Incorporated (NYSE:MA)

Representative Bruce Westerman (R-Arkansas) recently sold shares of Mastercard Incorporated NYSE: MA. In a filing disclosed on May 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Mastercard stock on April 21st. The trade occurred in the Representative's "FISHER IRA" account.

Representative Bruce Westerman also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of UniCredit OTCMKTS: UNCRY on 4/21/2025.
• Sold $1,001 - $15,000 in shares of CSX NASDAQ: CSX on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Siemens Aktiengesellschaft OTCMKTS: SIEGY on 4/21/2025.
• Sold $1,001 - $15,000 in shares of GSK NYSE: GSK on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Charles Schwab NYSE: SCHW on 4/21/2025.
• Sold $1,001 - $15,000 in shares of The Goldman Sachs Group NYSE: GS on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Abbott Laboratories NYSE: ABT on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Eli Lilly and Company NYSE: LLY on 4/21/2025.
• Sold $15,001 - $50,000 in shares of NVIDIA NASDAQ: NVDA on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Chevron NYSE: CVX on 4/21/2025.

Mastercard Stock Up 0.1%

NYSE MA traded up $0.77 during mid-day trading on Friday, reaching $582.97. The stock had a trading volume of 2,225,350 shares, compared to its average volume of 2,606,561. The company has a fifty day moving average price of $534.53 and a 200 day moving average price of $534.95. 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 Incorporated has a 1 year low of $428.86 and a 1 year high of $584.57. The stock has a market cap of $531.49 billion, a PE ratio of 41.97, a price-to-earnings-growth ratio of 2.37 and a beta of 1.06.

Mastercard (NYSE:MA - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The credit services provider reported $3.73 earnings per share for the quarter, topping the consensus estimate of $3.57 by $0.16. Mastercard had a return on equity of 188.47% and a net margin of 45.71%. The firm had revenue of $7.25 billion during the quarter, compared to analysts' expectations of $7.12 billion. During the same quarter in the previous year, the business earned $3.31 earnings per share. The company's revenue was up 14.2% on a year-over-year basis. On average, research analysts expect that Mastercard Incorporated will post 15.91 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. William Blair reaffirmed an "outperform" rating on shares of Mastercard in a report on Friday, January 31st. Piper Sandler restated an "overweight" rating and issued a $635.00 target price (up previously from $591.00) on shares of Mastercard in a report on Friday, January 31st. Citigroup lifted their target price on shares of Mastercard from $650.00 to $652.00 and gave the stock a "buy" rating in a research report on Monday, May 5th. The Goldman Sachs Group reissued a "buy" rating and set a $633.00 price target on shares of Mastercard in a report on Wednesday, April 2nd. Finally, Evercore ISI initiated coverage on Mastercard in a research note on Wednesday, April 9th. They issued an "in-line" rating and a $550.00 price target on the stock. Six analysts have rated the stock with a hold rating, twenty-three have assigned a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $606.25.

Insider Transactions at Mastercard

In other news, insider Edward Grunde Mclaughlin sold 7,132 shares of the company's stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of $534.68, for a total transaction of $3,813,337.76. Following the sale, the insider now directly owns 34,524 shares in the company, valued at approximately $18,459,292.32. This represents a 17.12% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Michael Miebach sold 15,775 shares of Mastercard 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 completion of the transaction, the chief executive officer now owns 84,871 shares of the company's stock, valued at approximately $46,692,629.36. This represents a 15.67% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 23,207 shares of company stock valued at $12,664,529. 0.10% of the stock is currently owned by insiders.

Institutional Trading of Mastercard

Several institutional investors have recently made changes to their positions in MA. Vanguard Group Inc. lifted its holdings in shares of Mastercard by 0.5% in the first quarter. Vanguard Group Inc. now owns 77,544,675 shares of the credit services provider's stock worth $42,503,787,000 after buying an additional 365,537 shares in the last quarter. FMR LLC lifted its stake in Mastercard by 4.3% in 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 in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in shares of Mastercard by 4.7% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 20,096,979 shares of the credit services provider's stock valued at $11,015,557,000 after purchasing an additional 907,184 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Mastercard by 1.5% during the fourth 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 in the last quarter. Finally, Wellington Management Group LLP grew its position in shares of Mastercard by 38.6% during the first quarter. Wellington Management Group LLP now owns 13,526,118 shares of the credit services provider's stock valued at $7,413,936,000 after purchasing an additional 3,765,378 shares in the last quarter. Hedge funds and other institutional investors own 97.28% of the company's stock.

About Representative Westerman

Bruce Westerman (Republican Party) is a member of the U.S. House, representing Arkansas' 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027. Westerman (Republican Party) is running for re-election to the U.S. House to represent Arkansas' 4th Congressional District. He declared candidacy for the 2026 election. Westerman earned his BSBAGE in biological and agricultural engineering from the University of Arkansas in 1990 and his MF in forestry from Yale University in 2001. His professional experience includes working as a plant engineer for Riceland Foods and an engineer/forester for Mid-South Engineering Company.

Mastercard Company Profile

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.