Mastercard Incorporated $MA Stock Sold by Midland Wealth Advisors LLC

Midland Wealth Advisors LLC trimmed its position in Mastercard Incorporated (NYSE:MA) by 73.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 364 shares of the credit services provider’s stock after selling 985 shares during the period. Midland Wealth Advisors LLC’s holdings in Mastercard were worth $201,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Angeles Wealth Management LLC boosted its position in shares of Mastercard by 5.5% during the third quarter. Angeles Wealth Management LLC now owns 9,166 shares of the credit services provider’s stock worth $5,055,000 after purchasing an additional 477 shares in the last quarter. Ashton Thomas Securities LLC grew its holdings in shares of Mastercard by 8.4% in the 3rd quarter. Ashton Thomas Securities LLC now owns 1,651 shares of the credit services provider’s stock valued at $910,000 after buying an additional 128 shares during the period. Abundance Wealth Counselors grew its holdings in shares of Mastercard by 33.4% in the 3rd quarter. Abundance Wealth Counselors now owns 1,577 shares of the credit services provider’s stock valued at $870,000 after buying an additional 395 shares during the period. Cahaba Wealth Management Inc. grew its holdings in shares of Mastercard by 11.4% in the 3rd quarter. Cahaba Wealth Management Inc. now owns 578 shares of the credit services provider’s stock valued at $319,000 after buying an additional 59 shares during the period. Finally, Oppenheimer & Co. Inc. increased its position in shares of Mastercard by 3.8% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 64,011 shares of the credit services provider’s stock valued at $35,300,000 after buying an additional 2,335 shares in the last quarter. Institutional investors own 97.28% of the company’s stock.

Trending Headlines about Mastercard

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Analysts expect Mastercard to benefit from strong cross-border transaction activity, growth in value-added services and resilient payment volumes. These trends support the possibility of another earnings beat, building on the company’s previous quarter in which revenue and adjusted earnings exceeded consensus estimates. Mastercard Looks Poised for a Q3 Earnings Beat: Time to Buy?
• Positive Sentiment: Mastercard’s Global Money Platform, which supports stablecoin-related payments, could expand its role in remittances and transactions involving less commonly traded currency pairs. The company is also pursuing embedded B2B payments, fraud-prevention services and potential AI-agent commerce, creating additional long-term growth opportunities. The stablecoin sandwich: Why speeding up payments isn’t so simple
• Positive Sentiment: New initiatives with MrBeast’s Beast Industries, Tech Mahindra and regional partners broaden Mastercard’s consumer, creator and corporate-payment reach. Investors may view these partnerships as supportive of card issuance, transaction growth and future services revenue. Mastercard Launches Creator Card Project With MrBeast
• Neutral Sentiment: Mastercard has recently delivered an approximately 8.1% 30-day share-price return and trades at a premium valuation, making the upcoming earnings report and management guidance especially important. Strong results could support the shares, while merely in-line performance may prompt profit-taking. Mastercard After Stablecoin Platform Launch And Earnings Hype
• Negative Sentiment: Mastercard and Visa face potential UK class actions seeking roughly £5 billion in compensation for alleged excessive card-payment interchange fees. Although the outcome and ultimate financial impact remain uncertain, the litigation adds regulatory and headline risk to Mastercard’s outlook. Visa, Mastercard Face Potential £5 Billion UK Class Actions

Analyst Upgrades and Downgrades

Several analysts recently commented on MA shares. TD Cowen raised their price objective on Mastercard from $664.00 to $667.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Piper Sandler lifted their target price on Mastercard from $597.00 to $710.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. BNP Paribas Exane boosted their target price on Mastercard from $680.00 to $713.00 and gave the company an “outperform” rating in a research note on Friday, August 7th. Loop Capital increased their price target on Mastercard from $631.00 to $647.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Finally, Morgan Stanley raised their price target on Mastercard from $679.00 to $681.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Two investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $683.94.

Mastercard Stock Performance

NYSE MA opened at $610.18 on Wednesday. The stock’s 50 day moving average price is $583.54 and its two-hundred day moving average price is $535.40. Mastercard Incorporated has a 52 week low of $464.52 and a 52 week high of $633.29.

Mastercard (NYSE:MA) last announced its earnings results on Thursday, July 30th. The credit services provider reported $5.04 EPS for the quarter, topping the consensus estimate of $4.77 by $0.27. The business had revenue of $9.28 billion for the quarter, compared to analyst estimates of $9.08 billion. During the same quarter in the previous year, the company posted $4.15 EPS. The business’s revenue for the quarter was up 14.1% compared to the same quarter last year. Analysts anticipate that Mastercard Incorporated will post 19.91 earnings per share for the current year.

Mastercard Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Friday, October 9th will be paid a dividend of $0.87 per share. This represents a $3.48 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Friday, October 9th.

Insiders Place Their Bets

In other Mastercard news, CEO Michael Miebach sold 15,372 shares of the firm’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $575.00, for a total value of $8,838,900.00. Following the completion of the transaction, the chief executive officer directly owned 93,693 shares in the company, valued at $53,873,475. This trade represents a 14.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Julius Genachowski sold 370 shares of the business’s stock in a transaction on Monday, October 12th. The stock was sold at an average price of $590.21, for a total transaction of $218,377.70. Following the transaction, the director owned 8,237 shares in the company, valued at approximately $4,861,559.77. The trade was a 4.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 72,676 shares of company stock valued at $41,966,586 in the last quarter. 0.09% of the stock is currently owned by corporate insiders.

About Mastercard

Mastercard Incorporated (NYSE: MA) is a global payments technology company that operates a network connecting consumers, financial institutions, merchants, governments and businesses. The company facilitates electronic payments and provides technology that supports transactions conducted through credit, debit, prepaid and commercial payment products.

In addition to operating its payments network, Mastercard offers services in areas such as payment security, fraud prevention, authentication, cybersecurity, data and analytics, loyalty programs, digital identity and open banking.