Sen. Tommy Tuberville Sells Mastercard Incorporated (NYSE:MA) Stock

Senator Tommy Tuberville (R-Alabama) recently sold shares of Mastercard Incorporated NYSE: MA. In a filing disclosed on May 15th, the Senator disclosed that they had sold between $15,001 and $50,000 in Mastercard stock on April 15th.

Senator Tommy Tuberville also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of Duke Energy NYSE: DUK on 4/15/2025.
• Sold $15,001 - $50,000 in shares of CSX NASDAQ: CSX on 4/15/2025.
• Sold $1,001 - $15,000 in shares of Bristol-Myers Squibb NYSE: BMY on 4/15/2025.
• Sold $15,001 - $50,000 in shares of PayPal NASDAQ: PYPL on 4/15/2025.
• Sold $15,001 - $50,000 in shares of Constellation Brands NYSE: STZ on 4/15/2025.
• Sold $15,001 - $50,000 in shares of Alphabet NASDAQ: GOOGL on 4/15/2025.
• Sold $15,001 - $50,000 in shares of The Goldman Sachs Group NYSE: GS on 4/15/2025.
• Purchased $50,001 - $100,000 in shares of iShares Broad USD Investment Grade Corporate Bond ETF NASDAQ: USIG on 4/15/2025.
• Sold $15,001 - $50,000 in shares of Microsoft NASDAQ: MSFT on 4/15/2025.
• Sold $15,001 - $50,000 in shares of Amgen NASDAQ: AMGN on 4/15/2025.

Mastercard Stock Performance

Shares of MA stock opened at $581.71 on Friday. The firm has a market capitalization of $530.35 billion, a PE ratio of 41.88, a price-to-earnings-growth ratio of 2.37 and a beta of 1.06. The firm has a fifty day simple moving average of $534.53 and a two-hundred day simple moving average of $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 $583.04.

Mastercard (NYSE:MA - Get Free Report) last posted its 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. Mastercard had a net margin of 45.71% and a return on equity of 188.47%. The firm had revenue of $7.25 billion during the quarter, compared to analyst estimates of $7.12 billion. During the same quarter in the prior year, the business posted $3.31 EPS. The business's revenue was up 14.2% compared to the same quarter last year. Analysts forecast that Mastercard Incorporated will post 15.91 EPS for the current fiscal year.

Hedge Funds Weigh In On Mastercard

Several hedge funds and other institutional investors have recently modified their holdings of the business. NewSquare Capital LLC purchased a new position in Mastercard during the fourth quarter worth about $26,000. Marshall Investment Management LLC purchased a new position in Mastercard during the fourth quarter worth about $30,000. Measured Risk Portfolios Inc. purchased a new position in Mastercard during the fourth quarter worth about $31,000. Keystone Global Partners LLC purchased a new position in Mastercard during the first quarter worth about $31,000. Finally, Halbert Hargrove Global Advisors LLC purchased a new position in Mastercard during the fourth quarter worth about $32,000. 97.28% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

MA has been the topic of several recent research reports. Evercore ISI initiated coverage on shares of Mastercard in a report on Wednesday, April 9th. They set an "in-line" rating and a $550.00 price objective on the stock. Piper Sandler reaffirmed an "overweight" rating and set a $635.00 price objective (up from $591.00) on shares of Mastercard in a report on Friday, January 31st. Monness Crespi & Hardt downgraded shares of Mastercard from a "buy" rating to a "neutral" rating in a report on Wednesday, April 9th. KeyCorp upped their price objective on shares of Mastercard from $630.00 to $635.00 and gave the company an "overweight" rating in a report on Friday, May 2nd. Finally, Raymond James reaffirmed an "outperform" rating and set a $640.00 price objective (up from $614.00) on shares of Mastercard in a report on Friday, January 31st. Six analysts have rated the stock with a hold rating, twenty-three have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, Mastercard presently has an average rating of "Moderate Buy" and a consensus price target of $606.25.

Insiders Place Their Bets

In other Mastercard news, insider Sandra A. Arkell sold 150 shares of Mastercard stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $580.00, for a total transaction of $87,000.00. Following the completion of the sale, the insider now directly owns 3,255 shares in the company, valued at $1,887,900. This trade represents a 4.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Edward Grunde Mclaughlin sold 7,132 shares of Mastercard 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 owns 34,524 shares of the company's stock, valued at approximately $18,459,292.32. This represents a 17.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 23,207 shares of company stock valued at $12,664,529 over the last ninety days. Company insiders own 0.10% of the company's stock.

About Senator Tuberville

Tommy Tuberville (Republican Party) (also known as Coach) is a member of the U.S. Senate from Alabama. He assumed office on January 3, 2021. His current term ends on January 3, 2027. Tuberville (Republican Party) ran for election to the U.S. Senate to represent Alabama. He won in the general election on November 3, 2020. Tuberville was head coach for several college football teams between 1995 and 2016, including at Auburn University and the University of Cincinnati. Tommy Tuberville was born in Camden, Arkansas, and lives in Auburn, Alabama. Tuberville's career experience includes working as a studio analyst with ESPN and as the head football coach of the University of Mississippi, the University of Auburn, Texas Tech University, and the University of Cincinnati.

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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