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

Representative Josh Gottheimer (D-New Jersey) recently sold shares of Mastercard Incorporated NYSE: MA. In a filing disclosed on May 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in Mastercard stock on April 9th. 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 RTX NYSE: RTX on 4/23/2025.
• Purchased $1,001 - $15,000 in shares of Cheniere Energy NYSE: LNG on 4/22/2025.
• Purchased $1,001 - $15,000 in shares of Techtronic Industries OTCMKTS: TTNDY on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of Tri Pointe Homes NYSE: TPH on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk NYSE: TLK on 4/21/2025.
• Sold $1,001 - $15,000 in shares of KKR & Co. Inc. NYSE: KKR on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of D.R. Horton NYSE: DHI on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of Home Depot NYSE: HD on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Hillman Solutions NASDAQ: HLMN on 4/17/2025.
• Sold $1,001 - $15,000 in shares of AbbVie NYSE: ABBV on 4/17/2025.

Mastercard Stock Up 1.5%

Shares of NYSE:MA opened at $581.71 on Friday. The stock has a market capitalization of $530.35 billion, a P/E ratio of 41.88, a price-to-earnings-growth ratio of 2.37 and a beta of 1.06. The stock's 50-day moving average price is $534.53 and its 200-day moving average price is $534.95. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 2.68. Mastercard Incorporated has a 12-month low of $428.86 and a 12-month high of $583.50.

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 (EPS) for the quarter, topping the consensus estimate of $3.57 by $0.16. The business had revenue of $7.25 billion for the quarter, compared to analyst estimates of $7.12 billion. Mastercard had a return on equity of 188.47% and a net margin of 45.71%. Mastercard's revenue for the quarter was up 14.2% compared to the same quarter last year. During the same period last year, the company earned $3.31 EPS. On average, equities analysts anticipate that Mastercard Incorporated will post 15.91 earnings per share for the current year.

Institutional Investors Weigh In On Mastercard

Several hedge funds have recently bought and sold shares of MA. NewSquare Capital LLC bought a new position in Mastercard in the 4th quarter worth about $26,000. Keystone Global Partners LLC purchased a new position in Mastercard in the first quarter worth about $31,000. Measured Risk Portfolios Inc. bought a new position in shares of Mastercard in the fourth quarter worth approximately $31,000. Halbert Hargrove Global Advisors LLC purchased a new stake in shares of Mastercard during the fourth quarter valued at approximately $32,000. Finally, Marshall Investment Management LLC bought a new stake in shares of Mastercard during the fourth quarter valued at approximately $30,000. Institutional investors own 97.28% of the company's stock.

Insider Buying and Selling

In related news, 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 sale, the chief executive officer now directly owns 84,871 shares in the company, valued at approximately $46,692,629.36. This trade represents a 15.67% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Sandra A. Arkell sold 150 shares of the company's stock in a transaction dated Thursday, May 8th. The shares were sold at an average price of $569.45, for a total transaction of $85,417.50. Following the transaction, the insider now owns 3,555 shares in the company, valued at $2,024,394.75. This represents a 4.05% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 23,207 shares of company stock worth $12,664,529 in the last three months. Insiders own 0.10% of the company's stock.

Wall Street Analysts Forecast Growth

MA has been the subject of a number of analyst reports. The Goldman Sachs Group reissued a "buy" rating and set a $633.00 price objective on shares of Mastercard in a research note on Wednesday, April 2nd. Royal Bank of Canada increased their price target on shares of Mastercard from $572.00 to $650.00 and gave the company an "outperform" rating in a research report on Friday, January 31st. JPMorgan Chase & Co. boosted their price objective on shares of Mastercard from $590.00 to $610.00 and gave the company an "overweight" rating in a research report on Friday, January 31st. Susquehanna upped their price objective on shares of Mastercard from $605.00 to $670.00 and gave the company a "positive" rating in a research note on Friday, January 31st. Finally, Wells Fargo & Company raised their target price on Mastercard from $585.00 to $625.00 and gave the stock an "overweight" rating in a research note on Tuesday, February 4th. Six investment analysts have rated the stock with a hold rating, twenty-three have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $606.25.

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.

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.

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