Mastercard Incorporated $MA Stock Sold by TrinityBridge Ltd

TrinityBridge Ltd lowered its position in Mastercard Incorporated (NYSE:MA) by 0.9% in the third quarter, HoldingsChannel reports. The firm owned 133,027 shares of the credit services provider’s stock after selling 1,227 shares during the period. Mastercard makes up about 2.1% of TrinityBridge Ltd’s portfolio, making the stock its 14th biggest holding. TrinityBridge Ltd’s holdings in Mastercard were worth $73,377,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Gamco Investors INC. ET AL lifted its holdings in Mastercard by 5.4% in the first quarter. Gamco Investors INC. ET AL now owns 28,205 shares of the credit services provider’s stock valued at $14,093,000 after acquiring an additional 1,434 shares during the last quarter. Reynders McVeigh Capital Management LLC grew its position in Mastercard by 2.2% in the second quarter. Reynders McVeigh Capital Management LLC now owns 141,828 shares of the credit services provider’s stock worth $72,843,000 after acquiring an additional 3,006 shares during the period. Hsbc Holdings PLC increased its stake in Mastercard by 5.3% during the second quarter. Hsbc Holdings PLC now owns 1,656,528 shares of the credit services provider’s stock worth $850,004,000 after acquiring an additional 82,793 shares during the last quarter. SteelPeak Wealth LLC increased its stake in Mastercard by 50.1% during the first quarter. SteelPeak Wealth LLC now owns 14,003 shares of the credit services provider’s stock worth $6,996,000 after acquiring an additional 4,675 shares during the last quarter. Finally, Rockland Trust Co. increased its stake in Mastercard by 6.2% during the third quarter. Rockland Trust Co. now owns 81,392 shares of the credit services provider’s stock worth $44,885,000 after acquiring an additional 4,751 shares during the last quarter. 97.28% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Mastercard

In other news, Director Julius Genachowski sold 371 shares of the stock in a transaction dated Friday, October 9th. The shares were sold at an average price of $585.01, for a total transaction of $217,038.71. Following the sale, the director owned 8,607 shares of the company’s stock, valued at approximately $5,035,181.07. This represents a 4.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Ling Hai sold 4,318 shares of the stock in a transaction dated Friday, October 30th. The stock was sold at an average price of $642.43, for a total transaction of $2,774,012.74. Following the sale, the chief financial officer directly owned 35,750 shares in the company, valued at $22,966,872.50. This represents a 10.78% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 25,403 shares of company stock valued at $15,428,736 in the last three months. 0.09% of the stock is owned by corporate insiders.

More Mastercard News

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard reported third-quarter revenue of $9.81 billion, up 14% year over year, and earnings per share of $5.31, exceeding analyst expectations. Management cited broad growth across its payments network and value-added services. Q3 results and growth drivers
• Positive Sentiment: Mastercard is expanding its agentic-commerce and cross-border payments efforts through partnerships with OpenAI and Tencent, including plans to deepen remittance ties and enable overseas wallets to pay at participating QR merchants in China. These initiatives could broaden payment volume and acceptance over time. OpenAI and Tencent partnerships Tencent payment and remittance plans
• Positive Sentiment: Several analysts raised their price targets after the earnings report, including UBS to $750 and Cantor Fitzgerald to $765, reflecting confidence in Mastercard’s growth outlook. Cantor Fitzgerald target increase
• Neutral Sentiment: Mastercard introduced free cybersecurity lessons for European small and midsize businesses. The program may strengthen customer relationships and resilience, though its direct financial impact is unclear. Cybersecurity lessons for SMEs
• Negative Sentiment: CFO Ling Hai sold roughly 8,635 shares across two transactions, reducing his stake by about 10.8%. The sales were made under a pre-arranged Rule 10b5-1 plan, which can temper concerns that they reflect a fresh view on the company. SEC filing on CFO share sales

Analysts Set New Price Targets

Several brokerages have recently commented on MA. Wells Fargo & Company upped their price target on Mastercard from $668.00 to $731.00 and gave the company an “overweight” rating in a research note on Friday, October 30th. Wolfe Research raised their price objective on Mastercard from $680.00 to $740.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 25th. Truist Financial boosted their price objective on shares of Mastercard from $633.00 to $674.00 and gave the company a “buy” rating in a report on Friday, October 23rd. Daiwa Securities Group upped their target price on shares of Mastercard from $580.00 to $650.00 and gave the company an “outperform” rating in a research report on Thursday, August 6th. Finally, Robert W. Baird increased their target price on shares of Mastercard from $660.00 to $710.00 and gave the stock an “outperform” rating in a research note on Friday, October 9th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $702.91.

Mastercard Stock Down 1.7%

NYSE:MA opened at $647.13 on Wednesday. Mastercard Incorporated has a 52 week low of $464.52 and a 52 week high of $661.34. The stock’s fifty day moving average is $589.30 and its two-hundred day moving average is $537.28. The stock has a market capitalization of $566.89 billion, a price-to-earnings ratio of 33.85, a price-to-earnings-growth ratio of 1.86 and a beta of 0.78. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 3.29.

Mastercard (NYSE:MA) last issued its quarterly earnings data on Thursday, October 29th. The credit services provider reported $5.31 earnings per share for the quarter, beating analysts’ consensus estimates of $5.17 by $0.14. The business had revenue of $9.81 billion during the quarter, compared to analysts’ expectations of $9.66 billion. Mastercard had a return on equity of 260.86% and a net margin of 46.73%. The company’s revenue was up 14.0% on a year-over-year basis. During the same period in the previous year, the firm posted $4.38 earnings per share. Research analysts anticipate that Mastercard Incorporated will post 19.99 EPS for the current year.

Mastercard Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Friday, October 9th will be issued a dividend of $0.87 per share. This represents a $3.48 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Friday, October 9th. Mastercard’s dividend payout ratio (DPR) is 18.20%.

Mastercard Profile

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.