Mastercard (NYSE:MA) Shares Unloaded Rep. Jefferson Shreve

Representative Jefferson Shreve (R-Indiana) recently sold shares of Mastercard Incorporated NYSE: MA. In a filing disclosed on June 22nd, the Representative disclosed that they had sold between $50,001 and $100,000 in Mastercard stock on May 12th.

Representative Jefferson Shreve also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of Hubbell NYSE: HUBB on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Trane Technologies NYSE: TT on 5/12/2025.
• Sold $15,001 - $50,000 in shares of RTX NYSE: RTX on 5/12/2025.
• Sold $50,001 - $100,000 in shares of NiSource NYSE: NI on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Johnson & Johnson NYSE: JNJ on 5/12/2025.
• Sold $15,001 - $50,000 in shares of AppLovin NASDAQ: APP on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Fiserv NYSE: FI on 5/12/2025.
• Sold $15,001 - $50,000 in shares of CNO Financial Group NYSE: CNO on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Cboe Global Markets NASDAQ: CBOE on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Lam Research NASDAQ: LRCX on 5/12/2025.

Mastercard Stock Up 0.8%

MA stock traded up $4.68 during trading on Friday, reaching $568.18. 1,513,080 shares of the stock were exchanged, compared to its average volume of 2,575,199. The firm's 50 day moving average is $565.61 and its 200 day moving average is $549.91. The firm has a market cap of $518.02 billion, a P/E ratio of 39.84, a price-to-earnings-growth ratio of 2.44 and a beta of 1.02. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 2.81. Mastercard Incorporated has a twelve month low of $432.11 and a twelve month high of $594.71.

Mastercard (NYSE:MA - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The credit services provider reported $3.73 EPS for the quarter, beating analysts' consensus estimates of $3.57 by $0.16. Mastercard had a net margin of 45.21% and a return on equity of 196.87%. The business had revenue of $7.25 billion during the quarter, compared to analyst estimates of $7.12 billion. During the same quarter in the previous year, the business posted $3.31 EPS. Mastercard's quarterly revenue was up 14.2% on a year-over-year basis. As a group, research analysts forecast that Mastercard Incorporated will post 15.91 EPS for the current year.

Mastercard Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 8th. Stockholders of record on Wednesday, July 9th will be given a dividend of $0.76 per share. The ex-dividend date of this dividend is Wednesday, July 9th. This represents a $3.04 dividend on an annualized basis and a dividend yield of 0.54%. Mastercard's dividend payout ratio (DPR) is presently 21.32%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on MA shares. Wall Street Zen raised Mastercard from a "hold" rating to a "buy" rating in a report on Friday, July 18th. Deutsche Bank Aktiengesellschaft initiated coverage on Mastercard in a research report on Thursday, July 17th. They issued a "buy" rating and a $650.00 price objective on the stock. Wolfe Research set a $655.00 target price on Mastercard in a research report on Monday, June 23rd. KeyCorp lifted their target price on Mastercard from $630.00 to $635.00 and gave the stock an "overweight" rating in a research note on Friday, May 2nd. Finally, Truist Financial reduced their price target on shares of Mastercard from $640.00 to $612.00 and set a "buy" rating for the company in a research report on Thursday, July 17th. Five research analysts have rated the stock with a hold rating, twenty-five have issued a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $612.90.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Whalerock Point Partners LLC grew its stake in Mastercard by 1.3% during the fourth quarter. Whalerock Point Partners LLC now owns 14,678 shares of the credit services provider's stock valued at $7,729,000 after acquiring an additional 185 shares in the last quarter. Fortis Advisors LLC boosted its holdings in shares of Mastercard by 9.4% during the 1st quarter. Fortis Advisors LLC now owns 871 shares of the credit services provider's stock valued at $477,000 after purchasing an additional 75 shares during the last quarter. Canandaigua National Trust Co of Florida grew its position in shares of Mastercard by 36.4% during the first quarter. Canandaigua National Trust Co of Florida now owns 693 shares of the credit services provider's stock valued at $380,000 after purchasing an additional 185 shares in the last quarter. Steward Partners Investment Advisory LLC increased its holdings in shares of Mastercard by 1.7% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 71,862 shares of the credit services provider's stock worth $37,841,000 after purchasing an additional 1,194 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC lifted its position in shares of Mastercard by 18.0% in the first quarter. Kingswood Wealth Advisors LLC now owns 6,870 shares of the credit services provider's stock worth $3,766,000 after buying an additional 1,047 shares in the last quarter. Institutional investors own 97.28% of the company's stock.

Insider Transactions at Mastercard

In related news, insider Linda Pistecchia Kirkpatrick sold 958 shares of the business's stock in a transaction on Monday, June 30th. The shares were sold at an average price of $560.00, for a total value of $536,480.00. Following the sale, the insider owned 23,624 shares in the company, valued at approximately $13,229,440. The trade was a 3.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Craig Vosburg sold 9,428 shares of the stock in a transaction on Friday, June 20th. The shares were sold at an average price of $353.05, for a total transaction of $3,328,555.40. Following the transaction, the insider owned 58,451 shares of the company's stock, valued at $20,636,125.55. This trade represents a 13.89% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 38,753 shares of company stock valued at $20,351,084 over the last three months. Corporate insiders own 0.09% of the company's stock.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election. Email editor@ballotpedia.org to notify us of updates to this biography. Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive. Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

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.